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Trump tariffs promise chaos, but China’s Xi Jinping may be the biggest threat to the global economy, former Treasury official warns
Economy

Trump tariffs promise chaos, but China’s Xi Jinping may be the biggest threat to the global economy, former Treasury official warns

Posted on: February 23, 2025

A former Treasury official has warned that while Trump’s tariffs are expected to create significant disruption, Chinese President Xi Jinping could pose the most substantial risk to the […]

FDA Begins to Rescind Firings, Calls Some Employees Back to Work
Economy

FDA Begins to Rescind Firings, Calls Some Employees Back to Work

Posted on: February 23, 2025

The FDA has started reversing termination notices for some employees who were laid off, asking them to return to work after mass firings a week ago. The affected […]

Delta faces lawsuits over Toronto plane crash — after offering passengers $30K
Economy

Delta faces lawsuits over Toronto plane crash — after offering passengers $30K

Posted on: February 23, 2025

Delta Air Lines is facing legal action following a crash in Toronto, despite offering $30,000 to each passenger aboard the flight. The first lawsuits have been filed, with […]

Warren Buffett warns Washington as Berkshire reports record profit
Economy

Warren Buffett warns Washington as Berkshire reports record profit

Posted on: February 23, 2025

Berkshire Hathaway, led by Warren Buffett, reported a record annual operating profit of $47.44 billion, up 27%, and a quarterly profit of $14.53 billion, a 71% increase. Despite […]

BMW Delays £600m Electric Mini Factory Upgrade Amid Industry Uncertainty
Economy

BMW Delays £600m Electric Mini Factory Upgrade Amid Industry Uncertainty

Posted on: February 23, 2025

BMW has announced a delay in the reintroduction of electric vehicle production at its Oxford Mini plant. The decision comes as the automotive industry faces multiple uncertainties, prompting […]

Economy

Musk’s Cost-Cutting Measures Impact Auto Safety Agency and EV Chargers at Federal Buildings

Posted on: February 23, 2025

Recent developments indicate that officials have been fired at the traffic safety agency responsible for investigating Musk’s company. The auto safety agency, which oversees his car company, is […]

Palantir CEO Alex Karp made nearly $2 billion from selling company stock last year—mostly around the presidential election
Economy

Palantir CEO Alex Karp made nearly $2 billion from selling company stock last year—mostly around the presidential election

Posted on: February 23, 2025

Palantir CEO Alex Karp made nearly $2 billion from selling company stock last year, with most of the sales occurring around the time of the presidential election. This […]

Berkshire Hathaway’s operating earnings surge 71% with record cash pile
Economy

Berkshire Hathaway’s operating earnings surge 71% with record cash pile

Posted on: February 23, 2025

Warren Buffett’s Berkshire Hathaway reported a 71% increase in operating earnings for the fourth quarter, reaching a record $14.5 billion. Operating profit for 2024 rose 27% to $47.4 […]

Warren Buffett offers Donald Trump some advice while celebrating Berkshire Hathaway’s success
Economy

Warren Buffett offers Donald Trump some advice while celebrating Berkshire Hathaway’s success

Posted on: February 23, 2025

OMAHA, Neb. (AP) — Warren Buffett, in his annual letter to shareholders, celebrated the successes of Berkshire Hathaway’s companies over the past year and since he took over […]

Fintech Founder Charlie Javice’s Criminal Trial Begins Amid Allegations of Fraud
Economy

Fintech Founder Charlie Javice’s Criminal Trial Begins Amid Allegations of Fraud

Posted on: February 22, 2025

The criminal trial of fintech startup founder Charlie Javice commenced on Friday, as lawyers presented their opening arguments, according to a Reuters report. The case stems from a […]

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