OpenAI Raises $8.3 Billion at $300 Billion Valuation, Accelerating Race to $40 Billion in 2025
OpenAI has raised $8.3 billion in a funding round that values the AI giant at approximately $300 billion, pushing its ambitious goal of securing $40 billion in funding by the end of 2025 closer to the reality of reaching the...
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BofA Securities Reaffirms No Fed Rate Cuts in 2025 Despite Soft Jobs Data
âś…Key Takeaways BofA Securities Maintains Fed Will Hold Rates in 2025 Bank of America Securities (BofA) has reaffirmed its expectation that the Federal Reserve will not cut interest rates in 2025, despite growing market speculation for a rate cut as...
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ECB Reaffirms Commitment to Cash as It Develops Digital Euro
🔍 Key Takeaways The Digital Euro Will Not Replace Cash, ECB Says As stablecoins and private digital currencies surge in popularity, the European Central Bank (ECB) is reinforcing its position: public money must remain central to the European financial system....
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From Fall to Rise: Cathie Wood, the Woman Who Trades the Future
Chapter 1: A Bold Mind in Finance Born in 1955 in Los Angeles, Cathie Wood earned her economics degree from the University of Southern California before stepping into Wall Street. Over the years, she built a solid reputation as an...
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U.S. Nonfarm Payrolls Disappoint in July 2025 with Just 73K New Jobs
The U.S. nonfarm payrolls report for July 2025 delivered a significant downside surprise, with just 73,000 jobs added, well below economists’ expectations of 110,000. Even more striking were sharp revisions to previous months: June’s figure was slashed from 147,000 to...
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