News
Stay up-to-date with the latest developments in the world of finance and crypto. Our News section brings you timely updates, market trends, regulatory changes, major partnerships, and breaking stories that impact the global financial landscape. Whether you’re a seasoned investor or just getting started, this is your trusted source for staying informed.
A wave of standout performances and headline-grabbing moments dominated the sports world today: ⚾ MLB All-Star Swing-Off MVP Kyle Schwarber shined in tonight’s All-Star Game, powering the National League to victory in the first-ever swing-off format and securing MVP honors. His explosive hitting energized fans and injected fresh excitement into the mid-summer classic. ⛳ Golf:…
France’s Prime Minister François Bayrou has unveiled a bold and controversial 2026 budget aimed at tackling the country’s soaring debt and fiscal deficit. In a press conference held on July 15, 2025, he proposed a €43.8 billion austerity package combining tax hikes, spending freezes, and structural reforms—including the elimination of two public holidays, likely Easter Monday…
Eclipse has officially launched its long-anticipated $ES token airdrop, distributing 15% of the total 1 billion token supply to community members and early developers over the next 30 days. This is the first of several planned allocations designed to foster engagement across the ecosystem. ℹ️ Token Distribution Overview 🧠 Token Utility & Network Governance Beyond incentivizing…
Body: On July 15, 2025, President Trump unveiled a new trade deal with Indonesia, reducing threatened tariffs from 32% to a flat 19%, following high‑stakes negotiations . Deal highlights include: Trump called it a “great deal for everybody,” stressing the importance of opening Indonesian markets for U.S. exporters . His threats and approach reflect a…
Filecoin (FIL) faced a sharp 5.8% decline over the past 24 hours, plummeting from $2.569 to $2.406 amid heavy selling pressure, with trading volume spiking to 7 million FIL during peak liquidation hours . The breakdown of the critical $2.52 support level—previously stable during early trading—triggered accelerated selling, pushing FIL to test the $2.41–$2.42 consolidation zone….
The electric vehicle (EV) industry has witnessed a seismic shift in 2025, with China’s BYD officially surpassing Tesla in global sales—a milestone that seemed unthinkable just three years ago. This reversal of fortunes stems from divergent strategies: Tesla’s premium-focused approach versus BYD’s mass-market dominance. Key Turning Points: Tesla’s Missteps: Global Expansion:BYD’s new factories in Hungary,…
In a dramatic departure from his traditional “America First” posture, former President Donald Trump reportedly urged Ukrainian President Volodymyr Zelenskyy during a July 4 call to consider striking deep inside Russian territory—including Moscow and St. Petersburg—if provided with long-range weapons. According to sources familiar with the discussion, Trump posed the pointed question: “Volodymyr, can you hit…
Bitcoin recently soared past $120,000, reaching intraday highs of $122,404, fueled by a wave of enthusiasm around proposed U.S. crypto legislation. This surge came at the start of “crypto week” in Congress, where bills like the Genius Act and Digital Asset Market Clarity Act promise regulatory clarity for stablecoins, digital assets, and oversight boundaries for…
Overview & ContextInvestment banking—the engine of Wall Street advisory revenue—is enduring its bleakest streak since at least 2014. For the 14th consecutive quarter, it is contributing less than 25 percent of total revenues at the five largest U.S. banks: JPMorgan, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley. During the same period, trading revenue has…
1. A Bold Hire from Madison AvenueIn mid-2023, Linda Yaccarino arrived at X with a mission: repair advertising relationships shattered during the chaos of Elon Musk’s takeover. The former NBCUniversal ad chief—dubbed the “Velvet Hammer”—brought gravitas and a robust brand network to the embattled platform . 2. Reviving Ad RevenueUnder her leadership, X welcomed back…
