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A collection of 8 posts

Goldman Sachs believes that in 2075, India will surpass the US as the world's second-largest economy

Per CNBC Goldman Sachs says that come 2075, India would become the world's second-largest economy. This comes as the country currently sits behind Germany, Japan, China, and the US in fifth place. Santanu Sengupta, India economist for Goldman Sachs Research, gave a statement regarding the occurrence, saying that

US continues $1 billion annually to Russia's nuclear program despite tension

Per BI US companies are still reliant on affordable nuclear fuel from Russia, resulting in $1 billion spent annually on the Kremlin's nuclear agency. This was according to the NYT, which shared how the money was spent mostly on enriched uranium. Darya Dolzickova, Royal Tank United analyst, said

US, UK lawmakers press HSBC CEO over HK expats being denied access to their retirement funds

Per Reuters HSBC allegedly blocked access for Hong Kong expats to their own retirement funds. This resulted in lawmakers in the US and Britain putting pressure on the bank, which was already the subject of criticism for its alleged actions. The pressure comes from the chair of US Congress, Mike

US officially goes after Chinese fentanyl manufacturers with first-ever charges

Per Reuters While certain parts of the US have been dealing with the fentanyl crisis, the government is finally stepping in and would be filing the first ever chargest against Chinese fentanyl manufacturers. It was rpeorted that the charges would involve four companies and eight individuals. The allegations include how

Binance US marketshare dropped from 16% in April to 4.35%

Per Crypto News While the SEC has been going after Binance and Coinbase, it was recently reported that the marketshare for Binance US has dropped significantly. The decline was reportedly from 16% in April to now just 4.35%. Binance US is the company's US-based crypto exchange capable

Major US cities said to have empty office space by 2033 include NY, SF, and LA

Per Bloomberg A report by Savills explores the effect of the change to remote work settings and has found three major US cities that are said to reach empty office space by 2033. The report also pointed out that US cities were specifically vulnerable to empty office space. It was

US May CPI comes 0.1% below the expected 4.1%

Per Reuters The consumer price index for the United States in May has resulted in 0.1% below the initially expected 4.1%. This was reportedly a two-year low annual increase. New York's Nationwide chief economist Kathy Bostjancic gave a statement regarding the situation. It was mentioned how

US Secret Service may be tracking OnlyFans and other websites per briefing sheets

Per NYP Recent documents revealed that the US Secret Service could be tracking OnlyFans. This information was revealed from a December 2020 briefing sheet from the agency. A government watchdog organization, the Citizens for Responsibility and Ethics in Washington (CREW), obtained the sheet revealing that the agency may be tracking