The decline in Bitcoin intensified during Asian trading hours on Friday, marking a 25% drop from its all-time high recorded less than six weeks ago. This downturn follows […]
Banks
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The CFPB drops its enforcement lawsuits against Capital One, Rocket Homes and more
The Consumer Financial Protection Bureau (CFPB) has withdrawn several enforcement actions against companies such as Capital One and Rocket Homes, following recent leadership changes and directives from the […]
Markets
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Stocks slump, dollar towers as Trump tariff threat roils markets
Equities in Asia slumped on Friday, Feb. 28, amid concerns over an escalating global trade war triggered by U.S. President Donald Trump’s tariff threats. The U.S. dollar reached […]
Economy
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Grassroots plan for Economic Blackout catches on in Chicago
A grassroots movement is gaining traction in Chicago, urging American consumers to abstain from making purchases at major retailers on Friday, Feb. 28. This initiative, known as the […]
Uncategorized
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Trump Administration Announces Plan to Address Soaring Egg Prices Amid Bird Flu Crisis
The Trump administration has announced a $1 billion plan to address the surge in egg prices caused by an avian flu outbreak affecting US egg-laying hens since 2022. […]
Uncategorized
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KPMG Gains Approval to Launch First US Law Firm Among Big Four Accounting Firms
KPMG has received approval to operate a law firm in Arizona, becoming the first of the Big Four accounting firms to do so in the US. The Arizona […]
Technology
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Elon Musk Criticizes Verizon’s Technology and Advocates for FAA to Embrace Starlink
Elon Musk has publicly criticized the ongoing upgrade of the FAA’s air traffic control system, suggesting that SpaceX should take over Verizon’s contract. Musk believes that his Starlink […]
Economy
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Autodesk to Cut Jobs as it Targets Higher Profits
Autodesk Inc. has announced plans to reduce its workforce by approximately 1,350 employees, equating to about 9% of its total staff. This decision is part of the company’s […]
Markets
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Dow futures turn negative after Trump says tariffs going into effect: Live updates
Dow Jones Industrial Average futures turned negative on Thursday after former President Donald Trump announced that tariffs on Canada, Mexico, and China would proceed as planned. The Dow […]
Economy
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Why Consumers Are Planning an ‘Economic Blackout’ on Feb. 28
U.S. consumers are being encouraged to abstain from purchasing any non-essential goods on Feb. 28 as part of a 24-hour buying blackout aimed at showcasing the economic power […]