Africa must embrace AI, renewable energy to stay competitive – Okonjo-Iweala
Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, has urged African governments to make bold investments in artificial intelligence (AI)...
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Market moves and 'a good family fight:' top takeaways from the July Fed meeting
The FOMC voted to hold rates steady, but three members wanted to hike. Fed Chair Kevin Warsh laid out more of his vision for the central bank.
US Federal Reserve holds interest rates steady as three policymakers back hike
The Federal Reserve held its key interest rate steady on Wednesday despite persistently high inflation and an Iran war-driven surge in energy prices.
Millennium seeks $20B from investors to expand multistrategy hedge fund operations
Millennium's expansion reflects a growing trend of institutional investors favoring multistrategy funds, indicating a shift in capital allocation. The post...
Fed Chair Warsh: Rate Decisions Will Not Be Bound by Market Pricing
BitcoinWorld Fed Chair Warsh: Rate Decisions Will Not Be Bound by Market Pricing Federal Reserve Chairman Kevin Warsh stated clearly on Wednesday that the central...
Grayscale Research sees potential for onchain vaults to rival traditional finance’s trillion-dollar credit market
Onchain vaults could democratize access to credit markets, enhancing transparency and liquidity, but regulatory clarity is crucial for growth. The post Grayscale...
'Won't Hesitate To Act': Fed Holds Rates, But Warsh Leaves Door Open For Future Hikes
Fed maintains rates at 3.50%-3.75%; Warsh says inflation fight isn't over