A 36-year-old man, Paul Hyon Kim, is facing charges in both state and federal court in Nevada in connection with an attack on Tesla (NASDAQ:TSLA) vehicles and the Tesla service center in Las Vegas. Kim is suspected of setting fire to the vehicles and vandalizing the...
Elon Musk, head of the Department of Government Efficiency (DOGE), stated in a Fox News interview Thursday evening that the department is on track to complete the majority of its targeted $1 trillion in federal spending cuts by the end of May. The news provided a g...
Crypto Daily – The Bitcoin price has decreased 2.3% so far on Friday, and has fallen through the ascending trendline of the last 18 days. Is this a short-term fakeout, or is this the beginning of the feared descent to the $70,000 level? Crypto market sentiment...
British retail sales unexpectedly climbed by 1% in February, driven by stronger demand at department stores and higher spending on clothing and household goods. Data released on Friday by the Office for National Statistics (ONS) revealed that the volume of goods pur...
Basler is showing signs of recovery, with a reported return to profitable growth, sending its shares up over 5% on Friday. The company confirmed its previously reported FY24 preliminary results and released guidance that exceeded expectations. Sales expectations for...
European stock markets slipped lower Friday, with the uncertain future of the region’s important auto sector continuing to weigh on sentiment. At 04:02 ET (08:02 GMT), the DAX index in Germany dropped 0.5%, the CAC 40 in France slipped 0.6% and the FTSE 100 in the UK...
The European Union is set to impose minimal fines on Apple (NASDAQ:AAPL) and Meta Platforms (NASDAQ:META) under its Digital Markets Act next week in a bid to avoid worsening tensions with U.S. President Donald Trump, the Financial Times reported on Friday. Apple wil...
Federal Reserve President Jerome Powell delivered his biggest speech of the year on Friday in Jackson Hole. • It gave the strongest indication so far that interest rate cuts will be coming in September. • However, he said the labour market is still flowing after a di...
This year, the US Securities and Exchange Commission approved 12 bitcoin spot ETFs and nine ether spot ETFs. Here’s a deep dive into the distinctions between spot products and crypto asset exchange-traded products (ETP) futures, offering essential insights for...
It is normal for investors to feel a little depressed after seeing their portfolio value drop, as during the August 5 sell-off. But there is a lot to do to feel better and position yourself better for the next time the market slides. In particular, there are three th...
