Today: April 19, 2024
Tesla CEO Elon Musk announced plans to lay off more than 10% of the company’s global workforce to streamline operations and prepare for future growth. In an internal memo sent to Tesla employees on Sunday Musk explained that there has been “duplication…
Consumer prices in the United States rose by 3.5% from a year ago in March, surpassing economists’ expectations and indicating a notable acceleration in inflation. The latest data, released by the Labor Department’s Bureau of Labor Statistics on Wednesday showed the growing…
The Zimbabwean government has rolled out a new digital currency backed by gold reserves. Set to launch on April 8, 2024, the ZiG (Zimbabwean Investment Gold) is a daring gambit to tame rampant inflation and restore confidence in the nation’s monetary system.…
The U.S. Embassy in South Africa has joined forces with Prosper Africa to bolster trade and investment relations between the United States and South Africa. They aim to cultivate stronger ties and promote mutual benefits through bolstering trade and investment between the…
The United States and the nations of Africa enjoy a vibrant, multifaced relationship focused on expanding partnerships, global cooperation, and shared prosperity. These countries also share another powerful bond: people. In the 2020 Census, more than 14.4% of Americans self-reported tracing their…
Shannan has a distinguished background in finance, including roles in commercial banking, community development banking, fintech, and the nonprofit sector.…
SBA has issued a new policy change aimed at streamlining the Paycheck Protection Program (PPP) loan forgiveness application process…
Bitcoin has broken through its previous records, reaching a remarkable high above $72,000 on Monday. The cryptocurrency’s bull run remains relentless, with its price witnessing a surge of over 60% since the beginning of the year, propelling its total market cap to…
Africa's vast potential for solar energy stands in stark contrast to its current limited access to electricity. This paradox highlights the continent's unique position at the cusp of an energy revolution…
The CFPB's new rule to cap credit card late fees at $8 is a significant regulatory step aimed at protecting consumers from excessive charges and promoting financial discipline.…
