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Date Set for the First Trillionaire: Huge SpaceX IPO to Boost Elon Musk's Wealth

As the winds of technology and artificial intelligence continue to blow in global markets, the month of May was nothing short of a fortune explosion for the world's wealthiest individuals. During this period, when the S&P 500 index gained 5% and Nasdaq increased by 8%, the total wealth of the top ten richest people in the world reached $2.9 trillion as of June 1, 2026. The club of the richest managed to add a whopping $220 billion to their fortunes in just a single month.

World’s Biggest Gold Hoarders: Hidden Giant’s Secret Reserves Shock the Market

The countries rich in gold have been identified. In today's markets, the focus of the financial world has shifted from the static powers with the most reserves in their vaults to new players aggressively amassing tons of gold from the market. First quarter reports for 2026, shaped by data from the World Gold Council (WGC) and the International Monetary Fund (IMF), lay bare the global gold tycoons and countries filling their coffers at a record pace.

Millions Wait for July: New Minimum Pension and Civil Servant Salary Forecasts Revealed

In Turkey, the income of millions of citizens is set for a complete overhaul this coming July. The latest data from the Central Bank's Market Participants Survey has shed light on the anticipated rate of increase for civil servants, retired civil servants, and members of the Social Security Institution and Bağ-Kur. According to recent forecasts, the six-month inflation rate is expected to hit a level of 18.59%. This figure will not only revamp the salaries of retirees and civil servants; it will also comprehensively update all social payments, from severance pay to military service fees, home care payments to disability pensions.Social Security Consultant Emin Yılmaz has thoroughly examined the root salary calculations, civil servant contract differences, and the latest state of social support payments in light of the new inflation forecasts.

Population Alarm in Turkey: Official Birth Rates for All Provinces Revealed by TUIK

The Turkish Statistical Institute (TURKSTAT) has released birth statistics related to the year 2025. According to the latest data, Turkey's total fertility rate has continued its downward trend without interruption, reaching the lowest level in the last nine years. Here are the cities with the highest and lowest fertility rates.

Gold Prices Hit New Lows: Latest Gram and Quarter Gold Market Updates in Turkey

The live gold prices are piquing the interest of citizens. Recently, the gold market, which has been following a stagnant trend, is experiencing a downturn. The current state of gold prices, which embarked on a wave of decline starting from Thursday, May 21, has now been determined. What is the price of gold on Friday, May 22? How much is a gram of gold in lira?

From High Street to TikTok: Famous Brand Shuts 14 Stores for Digital Transformation

Shoezone, one of the most established and recognized brands in UK high street retail, has made a radical transformation move that has shaken the traditional retail sector. The renowned shoe chain, which has been going through a serious financial bottleneck due to escalating operating costs, soaring inflation, and declining consumer confidence in recent times, has closed 14 of its stores. In a surprising twist, the company that shuttered its stores has opened up shop on TikTok.

Consumers Start Silent Boycott: Giant US Restaurant Chains Blacklisted Over Poor Service

Giant restaurant chains, serving millions of people globally, are recently experiencing a significant prestige loss in customer satisfaction. Skyrocketing prices, shrinking portions, and plummeting service quality have even pushed loyal customers to the brink of rebellion. Thousands of users, united on social media, have prepared an extensive 'avoid' list consisting of brands that fail to meet expectations and do not provide 'value for money,' calling for a boycott.

Gold Prices Under Pressure: Reasons for the Sharp Drop in Global Markets Revealed

The winds have shifted in the global financial markets, leading to a sharp decline in gold prices on Wednesday, which had been maintaining a strong stance for weeks. Influenced by the pressure in the international markets, gram gold, closely monitored by investors in the domestic market, retracted to levels around 6,500 TL. What's the current price of gold? How much is gram gold now? Here's the latest on gold prices and the current state of affairs in the gold market.

Major Furniture Manufacturer Goes Bankrupt

Watan Design Furniture Trade and Industry Corporation (WD Group), one of the key players in Turkey's furniture and project decoration sector, headquartered in Bursa, has officially gone bankrupt, unable to overcome the financial crisis it found itself in. The company, operating in a massive 15,000 square meter production facility, lost the legal and financial battle it had been fighting for some time.

Giant Bank Unveils Hidden Gold Figures: Massive Tons Collected Secretly

While the global markets are keeping a close eye on commodity prices, a groundbreaking analysis on gold has emerged from the US investment bank, Goldman Sachs. The bank's latest report indicates a substantial update in the current analysis model that measures the demand for gold by central banks. This leading institution has revealed that central banks are actually stockpiling gold in a much more aggressive manner than anticipated.

Global Oil Shock: Stocks Depleting Rapidly within a Few Weeks Warns IEA

The backstage hustle and bustle in the energy markets is on the verge of igniting the fuse of a new crisis that could profoundly shake the global economy. Fatih Birol, the head of the International Energy Agency (IEA), has issued an urgent warning to the international community, declaring that commercial oil stocks worldwide are being depleted at an alarmingly rapid pace.

Forget Gold: Islam Memis Reveals the New Champion Investment Asset for 2027 and 2028

In recent years, silver, which has brought a smile to the face of its investors, has virtually overtaken gold. As the safe haven has been maintaining a stagnant course in recent months, a fresh perspective has emerged from Islam Memiş. Offering his insights on gold, Islam Memiş stated that silver will be the champion investment tool for the years 2027 to 2028.

Job Market Giant LinkedIn to Lay off Hundreds of Its Own Employees

LinkedIn, the world's largest social networking platform for the business world, which has facilitated millions of professionals worldwide in climbing their career ladders and helped companies find the skilled workforce they are seeking, has recently made headlines with a game-changing development. The giant platform, which has been the lifeblood of the employment market until now, has ceased to resist the global wave of change that has swept the technology sector and announced that it will initiate a large-scale layoff operation within its own organization.

Urgent Tire Recall: Goodyear and Michelin Warn Consumers over Critical Safety Defects

Goodyear and Michelin, two of the world's largest tire manufacturers, have identified technical issues in some of their popular tire models that pose a direct threat to driving safety. In an effort to ensure the safety of drivers, both of these giant brands have announced the initiation of a large-scale recall process.

Economist Selcuk Gecer Reveals Shocking Gold Price Target of $5,000 for Near Future

Economist Selçuk Geçer has shared his insights on current affairs via his YouTube channel. Geçer has predicted a price of $5,000 for gold. He further asserted that this figure will be seen in the 'very near' future. 'In the event of another significant geopolitical tension, I am of the opinion that particularly gold and silver prices could make much sharper movements,' Geçer stated.

End of an Era: Honda Announces Historic Net Loss and Shelves 2040 All-Electric Goal

Honda, one of Japan's most established manufacturers, is facing a historic crisis due to bottlenecks experienced in its electric vehicle (EV) strategy. The giant corporation, which went public in the 1950s and has managed to maintain its profitability graph ever since, has reported an annual loss for the first time in its history.

Why Is Inflation Not Dropping? Economist Mahfi Egilmez Reveals the Structural Reasons

Why isn't inflation, which has become a chronic wound of Turkey's economy, entering a lasting downward trend despite the recent measures taken? In his latest analysis, renowned economist Mahfi Eğilmez answers this question and draws attention to the critical shortcomings in Turkey's economic management.

When Will Gold Rise? Giant Bank Announces Key Dates and New Price Targets

While global markets are focused on the tension in the Middle East and inflation data, there has been an exciting development from the Swiss banking giant UBS. The bank continues to maintain its year-end targets for gold and silver, which could be described as 'record-breaking'. The banking behemoth has provided a new figure, announcing the date when gold is expected to rise.

Gold to Hit $10,000: Famous Billionaire Reveals Bold Precious Metals Forecast

As global markets are being rocked by geopolitical tensions and economic uncertainties, a startling statement has come from Eric Sprott, a legendary figure in the investment world. The 81-year-old billionaire, who has tied almost his entire fortune to precious metals, has pronounced jaw-dropping figures for gold and silver. According to Sprott, the current economic landscape is setting the stage for the 'real rise' of precious metals.

Gold Market Expert Islam Memis Slams Rumors Regarding a Potential Ban on Gram Gold

The executive of a world-renowned jewelry brand has advocated for the prohibition of gram gold and quarter gold. Financial Analyst Islam Memiş, however, fired back at these comments with fervor. Memiş retorted, '025, 050 gram have already been banned. Now, all that's left are gram gold and quarter gold. What more do you want from a person who works till dusk just to save up?'