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Category: Business

Bessent says government shutdown ‘starting to cut into muscle’ and economy may be losing billions per day
Business

Bessent says government shutdown ‘starting to cut into muscle’ and economy may be losing billions per day

October 16, 2025

Treasury Secretary Scott Bessent warned the ongoing government shutdown could cost the U.S. economy up to $15 billion daily as…

A secret fleet of ‘ghost ships’ moving Russia’s oil could soon enter Trump’s crosshairs
Business

A secret fleet of ‘ghost ships’ moving Russia’s oil could soon enter Trump’s crosshairs

October 16, 2025

The shadow fleet of unmarked tankers evading international sanctions to deliver Russian crude to India and China is straining trade…

Nestle to cut 16,000 jobs as part of cost savings initiative
Business

Nestle to cut 16,000 jobs as part of cost savings initiative

October 16, 2025

New Nestle CEO Philipp Navratil is implementing a workforce reduction of 16,000 positions to accelerate growth and achieve substantial cost…

Trump doubles down on $20B lifeline to Argentina, signals possible trade deal
Business

Trump doubles down on $20B lifeline to Argentina, signals possible trade deal

October 15, 2025

President Donald Trump doubled down on his plan to carry out a $20 billion currency swap with Argentina during a…

Kyle Hamilton partners with Toyota to host NFL FLAG clinic for military families at Ravens facility
Business

Kyle Hamilton partners with Toyota to host NFL FLAG clinic for military families at Ravens facility

October 15, 2025

Baltimore Ravens safety Kyle Hamilton partnered with Toyota to host an NFL FLAG clinic for military kids at the team's…

Billions in bitcoin seized by DOJ from massive ‘pig butchering’ crypto scam in Cambodia
Business

Billions in bitcoin seized by DOJ from massive ‘pig butchering’ crypto scam in Cambodia

October 15, 2025

Federal prosecutors charged Chen Zhi with operating forced labor camps across Cambodia that executed alleged 'pig butchering' scams targeting crypto…

Trump calls China soybean cuts ‘economically hostile’ act against American farmers nationwide
Business

Trump calls China soybean cuts ‘economically hostile’ act against American farmers nationwide

October 15, 2025

President Donald Trump considers terminating cooking oil trade with China in response to reduced soybean purchases that hurt American farmers.…

China trade freeze squeezes US soybean farmers as costs climb, profits vanish
Business

China trade freeze squeezes US soybean farmers as costs climb, profits vanish

October 15, 2025

American soybean growers across the Midwest are warning of another tough year as China’s trade freeze cuts off their largest…

The government is shut down but the tax filing extension deadline remains
Business

The government is shut down but the tax filing extension deadline remains

October 13, 2025

The government shutdown does not extend the October 15 tax filing deadline for taxpayers who requested extensions earlier this year…

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Crypto World

1
Cryptocurrency

Investors funnel $32B into US crypto ETFs despite year-end pullback

January 1, 2026

US investors poured over $31.77 billion into US crypto exchange-traded funds in 2025 despite the crypto markets stumbling towards the final months of the year. US spot Bitcoin (BTC) ETFs took the lion’s share of investor…

2
Cryptocurrency

Final nail in the 4-year cycle? BTC ends year after halving in the red

January 1, 2026

Bitcon has ended 2025 lower than it began, marking the first time it’s fallen in a post-halving year. Bitcoin (BTC) halvings occur every four years, when mining rewards are cut in half and fewer new…

3
Cryptocurrency

Trader bags $1M from ‘abnormal’ BROCCOLI714 memecoin activity on Binance

January 1, 2026

A trader claimed to have profited about $1 million on New Year’s Day by capitalizing on “abnormal” trading behavior of a suspected market maker account on Binance.Investor Vida said on X that the abnormal trading…

4
Cryptocurrency

Tether snaps up another 8,888 BTC, now fifth-largest Bitcoin wallet

January 1, 2026

Tether picked up 8,888 Bitcoin (BTC) on New Year’s Eve, increasing its disclosed Bitcoin stash to more than 96,000 to close out 2025, its CEO Paolo Ardoino said.The USDt (USDT) stablecoin issuer has become one…

Economy

Economy

Novo Nordisk enters 2026 on the defense as it faces a ‘must-win’ battle in the U.S. market

January 1, 2026
Economy

Gold, silver prices fall after CME raises precious metals margins — again

January 1, 2026
Economy

‘Big Short’ investor Michael Burry says he’s not shorting Tesla

January 1, 2026
Economy

Trump’s first vetoes of his second term hit bipartisan infrastructure projects, draw accusations of retribution

January 1, 2026
Economy

Dust to data centers: The year AI tech giants, and billions in debt, began remaking the American landscape

January 1, 2026
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