Argentina has struck a monumental $20 billion deal with the IMF, marking a major shift by dismantling key currency controls and allowing the peso to fluctuate freely. This move aims to stabilize the economy and attract investment.
David Zaslav, CEO of Warner Bros. Discovery, is reportedly meeting with candidates to replace current film studio heads Michael De Luca and Pamela Abdy. The talks are in the early stages, with no final decisions made yet.
In a controversial decision, the State Department has announced it will dissolve USAID, taking over its functions and ending its independent operations. Critics warn this could jeopardize vital aid for vulnerable populations worldwide.
In a bold move, President Trump threatens to impose significantly larger tariffs on the EU and Canada if they join forces against U.S. trade policies. This could lead to a major shift in global trade dynamics and impact the auto industry.
In a surprising turn, Dollar Tree is offloading Family Dollar for just $1 billion, a steep loss from its original $9 billion purchase. The sale highlights the challenges faced by discount retailers amid rising costs and fierce competition.
GameStop has announced its rebranding strategy to integrate Bitcoin into its operations. This move follows President Trump's executive order on cryptocurrencies and comes as the company reports a significant rise in fourth-quarter profits despite ongoing challenges.
In a groundbreaking move, Google has agreed to acquire Israeli cybersecurity startup Wiz for $32 billion, aiming to enhance its cloud security offerings and compete with tech giants like Microsoft and Amazon.
The OCC has granted U.S. banks the green light to store crypto assets and engage in stablecoin operations, signaling a major shift in the regulatory landscape that could boost institutional investment in digital currencies like XRP and Ethereum.
Nigerian billionaire Adebayo Ogunlesi's Global Infrastructure Partners has made headlines by acquiring the Panama Canal Ports for a staggering $23 billion, partnering with TIL and others. This deal marks a significant milestone in Ogunlesi's career and boosts his net worth substantially.
In a surprising move, President Trump is expected to announce a one-month delay on tariffs affecting USMCA products. This decision raises questions about the administration's economic strategies amid market volatility.
