Employees at the US-based international investment bank Citigroup inadvertently credited $81 trillion to a customer’s account instead of $280 owing to an operational error, according to the Financial Times on Friday, February 28. According to the news portal’s article, the US-based investment bank’s blunder required hours to reverse the transactions, a “near miss” that demonstrates…

The US stock market has been on a tear for the more significant part of two years. Still, it has slowed considerably, and the decline in tech companies and a drop in stock indexes have been a considerable source of anxiety for US investors. Meanwhile, according to Bloomberg, Bank of America analyst Hartnett believes the…

According to stock market experts, the Trump-Zelensky meeting may exacerbate tensions in the North Block since the Russia-Ukraine war allowed India to acquire crude oil from Russia at lower prices and ship it to European nations. As Donald Trump has backed out of the Russia-Ukraine war by offering full support to the Russian government, India’s…

According to the Committee for a Responsible Government Budget projections, President Donald Trump has proposed ambitious tax policies that may slash government rejections by the nue by $5 trillion to $11.2 Government. This strategy will raise the nation’s debt by reducing existing or expected revenue streams. It would continue tax cuts from the 2017 Tax…

Nvidia shares saw a modest rebound on Friday after suffering a steep decline the day before, as investors reacted to a mix of trade concerns and earnings volatility. The AI chip giant, which has been at the center of the artificial intelligence boom, faced renewed pressure following reports of potential U.S. trade tariffs and investor…

Stock markets faced a turbulent session as investors reacted to a mix of inflation concerns, weakening consumer confidence, and rising trade tensions that could impact corporate profits and global economic stability. The uncertainty led to wild swings in major indices, with traders struggling to find direction amid conflicting economic signals. Inflation Fears Keep Investors on…

Intel’s highly anticipated $28 billion semiconductor plant in Ohio, once seen as a key step toward revitalizing American chip manufacturing, is facing a major setback. Originally slated to begin production by 2025, the project has now been delayed by six years, pushing its full-scale launch as far back as 2030. The delay has raised concerns…