šŸ“±Ā Reuters exclusive report suggests DWAC nearing $50 Million Financing Deal for Trump’s Truth Social Merger

šŸ¦ 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 ā€œTruth Socialā€, is in the midst of finalising a $50 million financing arrangement. This funding, anticipated to be announced shortly, is structured around convertible […]

šŸ—½Ā US Treasury Boosts Bonds Auction Sizes

šŸ’° 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 […]

šŸ¤ØĀ Antitrust Antics: Amazon-iRobot Merger Falters Amid Regulatory Scrutiny

āŒĀ Why Did Amazon and iRobot Call Off Their Merger Plans? Amazon and iRobot have decided to terminate their proposed $1.4 billion merger due to regulatory hurdles, with both EU and U.S. antitrust regulators expressing concerns over potential anti-competitive practices. The deal faced opposition primarily from the European Commission and the Federal Trade Commission (FTC), citing […]

šŸ“‰Ā Rate Cuts Donā€™t Mean Banks Are Ready To Use Their Cash

šŸ“ˆ 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 […]