AIG's new agreement with Everest marks a significant step in transforming the insurance giant under CEO Peter Zaffino, aiming for growth while managing risk and operational efficiency. The deal allows AIG to expand its client base without inheriting past liabilities.
A recent wave of fraud cases and bankruptcies is raising alarms about unregulated loans, leading to a sell-off in U.S. banking stocks that is impacting global markets this week.
First Brands' sudden collapse reveals alarming signs of financial mismanagement. From camera-off Zoom calls to mysterious financing, explore the hidden risks of private investments.
The Bank of England warns of a potential AI market bubble reminiscent of the dotcom era, with rising stock valuations and concentrated market risks. Is a correction imminent?
Discover Iran's ambitious yet doomed $400 billion plan to rebuild Syria, echoing the Marshall Plan. Uncover the financial risks, lost investments, and the fallout following Assad's fall.
As economic uncertainty grips the U.S., many Americans are postponing significant life milestones like buying homes and starting families. The impact of tariffs, student loan limbo, and potential recession leaves individuals feeling stuck and anxious about the future.