TMTG, the media company owned by President Donald Trump, finalized the deal with Crypto.com to launch crypto ETFs later this year.
As Big Oil producers start exploring again, the Gulf of Mexico is making a comeback with new projects from Chevron, Shell, and BP
New technologies and cost savings are unlocking Big Oil projects in the Gulf.
CoreWeave initiated, eBay downgraded: Wall Street's top analyst calls
CoreWeave initiated, eBay downgraded: Wall Street's top analyst calls
Want evidence Trump’s tariffs are upending the global economy? Here it is
Ever since President Donald Trump introduced his first set of higher tariffs, it’s been a waiting game to see just how big an impact they’ll have on the global economy.
AI economic gains likely to outweigh emissions cost, says IMF
An IMF report released at its annual spring meeting in Washington nonetheless noted that those output gains would not be shared equally across the world, and called on policymakers and businesses to minimise costs to broader society. "Despite challenges related to higher electricity prices and greenhouse gas emissions, the gains to global GDP from AI are likely to outweigh the cost of the additional emissions," it said. "The social cost of these extra emissions is minor compared with the expected economic gains from AI, yet it still adds to the worrisome buildup of emissions," it said in the report titled "Power Hungry: How AI Will Drive Energy Demand".
Bitcoin Breaks Above $90K for First Time in 45 Days
Bitcoin surges past $90,000 amid dollar weakness and expectations of crypto-friendly SEC policies under new chairman Paul Atkins.
Fed's Harker says US poverty levels may be understated
Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday the true level of poverty in the United States might be understated, in comments that did not address the monetary policy and economic outlook. The way we have historically measured economic stability of low-income households may no longer work,” Harker said in an essay on economic mobility issues. He said a family earning twice the federal poverty line metric may still face big economic challenges.
The Big Bitcoin Book author says ‘Solana is silver’ and could hit one-tenth of Bitcoin’s value
Mathematician and The Big Bitcoin Book author Fred Krueger thinks Bitcoin and Solana will imitate gold and silver in terms of market share.
IMF warns Donald Trump's tariffs are darkening global economic outlook
The outlooks for the US and global economies have significantly worsened in the wake of President Donald Trump's tariffs and the uncertainty they have created, the International Monetary Fund said on Tuesday.View on euronews
Kleenex Parent Kimberly-Clark's Stock Sinks on Lowered Profit Forecasts
Shares of Kimberly-Clark fell Tuesday after the consumer goods company lowered full-year projections amid uncertainty around the Trump administration's tariffs.