Browsing: Featured News
Trump’s 25% tariff on Colombian imports, escalating to 50%, targets coffee, oil, and flowers, driving up U.S. consumer prices while straining trade relations amid immigration disputes.
The SEC rescinds SAB 121, clearing barriers for banks to custody bitcoin and crypto, signaling a major step in regulatory evolution for digital assets.
Novo Nordisk’s amycretin shows up to 22% weight loss in trials, boosting its stock by 6.87% as the drug exhibits safety and potential as a next-gen obesity treatment.
Japan raised its interest rate to 0.5%, the highest since 2008, citing inflation and wage growth, signaling a shift in the Bank of Japan’s long-standing monetary policy stance.
The US housing market faces weak demand as 7% mortgage rates return, home sales decline, and first-time buyers struggle with affordability challenges and record-high prices.
Severe Storm Éowyn wreaks havoc in the UK and Ireland, causing power outages, widespread travel disruptions, and dangerous winds of up to 113 mph. Authorities issue rare red weather warnings.
EU relocates its informal defence summit from Limont Castle to Egmont Palace in Brussels, citing security concerns, as leaders prepare to discuss Europe’s growing role in defence policy.
Calamos launches a Bitcoin ETF offering 100% downside protection, combining U.S. Treasuries and Bitcoin-linked options, with capped annual returns, targeting risk-averse investors.
Trade tensions rise as Trump considers tariffs on China and the EU. Canada warns of countermeasures, while China calls for cooperative solutions to trade disputes.
Former US President Donald Trump announces a $500B AI initiative with OpenAI, Softbank, and Oracle, launching the Stargate project to maintain US dominance in technology.