Tariffs will be effective immediately as President Trump’s advisers seek to impose a 20% tariff on a wide array of imported items. The sudden imposition […]
Category: Finance
Visa Offers $100M to Secure Apple Credit Card Partnership
Visa has been said to have made a bid of around $100 million to Apple to become the payment network for Apple Card and to […]
MicroStrategy Invests $1.9B in Bitcoin Amid Profit Decline
MicroStrategy, one of the leading business intelligence companies, has grown its Bitcoin reserves considerably by buying another 22,048 BTC for about $1.9 billion. MicroStrategy acquired […]
Gold Sails Above $3,100 to Uncharted Territory as US Tariffs Approach
In a historic high, gold prices rose above the $3,100 level, propelling the precious metal into record territory. The stunning surge comes as investors prepare […]
Health System Sues Blue Cross Blue Shield for Alleged Collusion
A health system based in Michigan has sued BCBS entities in a federal court for allegedly conspiring to suppress competition and drive up insurance costs. […]
Goldman Sachs Elevates U.S. Recession Probability to 35% Amid Trade Policy Uncertainties
Amid growing geopolitical tensions in trade and policy uncertainty, Goldman Sachs has adjusted its estimate of U.S. recession probability for the next twelve months from […]
Gold Surges to Record High Amid Escalating U.S. Trade Tariffs
Gold prices have seen record highs as investors rush into safe-haven assets amid intensifying trade tensions fueled by the United States’ imposition of fresh tariffs. […]
Senate Overturns CFPB’s $5 Cap on Bank Overdraft Fees
On Thursday, the U.S. Senate voted 52-48 to overturn a Consumer Financial Protection Bureau (CFPB) rule that limited bank overdraft fees to $5. The action […]
Wyoming Governor Plans State’s Stablecoin by July
Wyoming Governor Mark Gordon announced that the state’s planned stablecoin could be ready for launch by July. The Wyoming Stable Token Commission has partnered with […]
Copper Prices Reach Record High Amid Tariff Concerns and Supply Shortages
Copper prices have shot to historic highs, with the most-active COMEX contract hitting $5.3740 a pound (some $11,840 a tonne). Looming U.S. tariffs and world […]