Latest Updates Around The World
It was an eventful week in the business and political world. Here’s a quick look at the top stories you may have missed. Trump’s ‘Liberation Day’ tariffs are counterproductive, the silence in China speaks volumes Nobel Prize-winning economist Paul Krugman has warned that the “Liberation Day” tariffs were imposed by the former president Donald Trump […]
The future of America’s baby boomers is under threat, warns the author of ‘Rich Dad, Poor Dad’ Robert Kiyosaki. In a post on X last week, Kiyosaki predicted a looming homelessness crisis among this generation, attributing the looming problem to Federal Reserve policies. Kiyosaki was a baby boomer himself and believed that the Federal Reserve’s […]
Two United Airlines Holdings Inc. (NASDAQ:UAL) passenger planes collided on the tarmac at Chicago O’Hare International Airport on Friday afternoon, the airline said. View the current price of UAL shares here. According to Unpleasant WGN, Flight UA2652, arriving from Jackson Hole, Wyoming, collided with the horizontal stabilizer of a parked Boeing 767 while taxiing to […]
The Trump administration asked the U.S. Supreme Court on Friday to allow the deployment of National Guard troops to Chicago after lower courts halted the move. In an emergency request, the Justice Department asked the court to quash an injunction that halted the deployment of hundreds of troops while the legal battle continued. Courts block […]
Shares of Applied Digital Corp (NASDAQ:APLD) are falling sharply on Friday, caught in a broader sell-off in crypto-related stocks Bitcoins (CRYPTO: BTC) price previously fell below $104,000. Here’s what investors need to know. What you need to know: The cryptocurrency market has faced significant pressure after President Trump’s comments on Chinese tariffs failed to spark […]
Economist Peter Schiff pushed back against the Minister of Finance Scott Bessent comments on US-China trade, saying Beijing’s decision to reduce its dependence on US markets will strengthen its economy, not weaken it. Bessent ‘Has it backwards’ On Wednesday, Schiff said in a post on “Selling to customers who can actually afford to pay is […]
Y-combinator CEO Gary Tan once revealed how he once turned down a life-changing offer from a billionaire investor Peter Thiel – a decision that, by his own estimate, cost him around $200 million Palantir Technologies (NASDAQ:PLTR) stock. The dinner with Peter Thiel that changed everything Tan, now one of the most influential venture capitalists in […]
President Donald Trump‘China’s government is likely to take stakes in more companies as a result of China’s latest rare earth export restrictions,’ says finance minister Scott Bessant said Wednesday. Bersent told CNBC said it “wouldn’t be surprised” if the US bought shares in other companies, but only in strategic sectors. “When we get an announcement […]
Financial expert Dave Ramsey offered tough love to a caller on his radio show, telling a frustrated woman that only her husband could handle the long-standing issue of her mother-in-law living in an RV on their property. Mother-in-law has lived in a camper in the backyard for three years On Tuesday, on an episode of […]
While much attention is often paid to foreign ownership of U.S. debt, new analysis shows that the Federal Reserve has been the top seller of U.S. Treasury bonds over the past three years. The central bank has reduced its assets by as much as $1.5 trillion since May 31, 2022, a move that dwarfs the […]
