Author: Akash SB

🏦 What’s the Latest with DWAC’s Financing Deal? Reports suggest that Digital World Acquisition Corp (DWAC), the blank-check company facilitating the public debut of former U.S. President Donald Trump’s social media platform “Truth Social”, is in the midst of finalising a $50 million financing arrangement. This funding, anticipated to be announced shortly, is structured around convertible […]

💰 Why is the US Treasury Increasing Bond Auction Sizes? The US Treasury has announced plans to significantly boost the size of upcoming bond auctions, including a record-breaking $70 billion five-year bond sale in April. This move is a response to the escalating federal deficit, which has reached $1.7 trillion (end 2023), fuelled by increased government […]

📈 Will Federal Interest Rate Cuts Stimulate the Economy? The Federal Reserve is expected to implement multiple interest rate cuts this year, with forecasts suggesting up to three reductions. These rate cuts are anticipated to serve as a stimulus for the economy, potentially encouraging borrowing and spending. However, the effectiveness of these cuts relies heavily on […]

You certainly do not need first-mover’s advantage when you are a tech behemoth that the masses are reliant on. If you haven’t guessed it yet, I’m talking about Google. 🐌 A slow start doesn’t reflect one’s true potential Despite earlier woes about losing in the race to advance artificial intelligence (AI) and allowing OpenAI to widen […]