Economy - Page 10

President of El Salvador Nayib Bukele shared a photo of the country’s Bitcoin cryptocurrency portfolio on Thursday, showing that the country has over $573 million worth of bitcoin and a 113.84 percent profit as a result of the cryptocurrency’s recent surge in value.

A recent study found there is a stark difference in what Gen Z and Boomers think about financial success.

A tire factory in Tonawanda, New York, was shut down on November 7, a move that left 1,550 people jobless.

MIT announced on Wednesday that it will offer free tuition to undergraduate students from families earning less than $200,000 a year, starting in 2025.

SEC chair Gary Gensler will resign, which would allow for Donald Trump to select a pro-crypto, anti-climate-change-policy chairman.

Apple and Google risk a formal UK investigation over their dominance of web browsers on cell phones, according to a provisional decision targeting the tech giants’ stranglehold on mobile operating systems.

NASA has announced plans to use cargo landers developed by SpaceX and Blue Origin to deliver heavy equipment to the Moon in support of its Artemis missions. Each lander will be designed to carry between 26,000 and 33,000 pounds of cargo to the moon beginning in 2032.

Donald Trump and JD Vance saw a surge in their favorability rating among voters aged 18 to 29 following their victory on Election Day.

Ontario Premier Doug Ford said on Wednesday that all of his fellow provincial leaders are united behind his call for a bilateral trade agreement with the United States under the second Trump administration, rather than a continental deal that would also include Mexico.

California businesses — and households that pay payroll taxes on domestic employees — are waking up to the reality that they are being forced to pay for the state’s default on $20 billion in federal loans to cover a COVID-era shortfall.

Spirit Airlines CEO reportedly got a huge retention bonus just days before the airline, which has been facing numerous issues, declared bankruptcy.

The DOJ has filed court documents proposing the tech giant sell off its Chrome browser and be prohibited from making payments to remain the default search engine on third-party platforms as remedies for its monopolistic practices.

President-elect Donald Trump will revive the Keystone XL oil pipeline project on his first day in office, three people familiar with the plan told Politico. 

A small AI-powered robot in China has sparked both fear and fascination after it successfully persuaded 12 larger showroom robots to “quit their jobs” and follow it, as seen in a viral surveillance video.

This is how the Biden economy is ending: not with a boom but a whimper.

Google has engaged in a systematic effort over the past 15 years to create a culture of concealment and minimize internal communications to avoid potential antitrust lawsuits, according to documents and testimony from recent trials.

The woes of Target hold a message for anyone who thinks that Walmart will raise its prices in reaction to tariffs President-elect Donald Trump is likely to raise on imports from China.

On Wednesday’s broadcast of MSNBC’s “José Díaz-Balart Reports,” Congressional Hispanic Caucus Chair Rep. Nanette Barragán (D-CA) stated that “even if the economy has the lowest unemployment rate, even if you’re seeing growth in the stock market,” all of that is

President Joe Biden and Vice President Kamala Harris’s Department of Homeland Security (DHS) will funnel an additional 65,000 H-2B foreign visa workers into blue-collar jobs, even as Americans continue losing out in the labor market to an increasing flow of migrant workers. 

Jaguar is being blasted on social media for its ultra-woke commercial featuring androgynous models and not even a single car, with conservatives dubbing the ad “Bud Light 2.0.”

Google has reacted angrily to reports that the DOJ will propose forcing the tech giant to sell its Chrome web browser business as part of ongoing antitrust remedies.

Elon Musk’s X, formerly known as Twitter, has added Amazon’s Twitch livestreaming platform as a defendant in its ongoing lawsuit alleging that advertisers illegally conspired to boycott the platform, withholding billions of dollars in advertising revenue.

Businesses do not expect increased costs despite Trump’s promise to raise tariffs on imports.

The Ford Motor Co. will reduce its workforce by upwards of 4,000 across Europe and the U.K. by the end of 2027, the manufacturer announced Wednesday, citing headwinds generated from the economy, pressure from increased competition and weaker than expected sales of electric vehicles (EVs) for the grim forecast.

The UK and the European Union need to abandon their failed leftist-globalist agendas and adopt the economic policies of Donald Trump, former British Prime Minister Liz Truss said.

During an interview with NPR released on Tuesday, former President Bill Clinton stated that Democrats “can’t keep asserting that things are great in the economy.” And that while there are some strong aspects to the economy, “we’re saddled with some

Sens. Roger Marshall (R-KS) and Dick Durbin (D-IL) are scheming to slip their credit card legislation into a defense bill during the lame-duck session.

On Tuesday’s broadcast of “NewsNation Now,” Rep. Henry Cuellar (D-TX) argued that Democrats “need to focus on strong border security,” and that another takeaway from the 2024 election is that “People don’t want to talk about the talk of joy,

Rep. French Hill (R-AR) told Breitbart News on Monday that he wants to scrap the federal government’s “woke” banking controls and unleash American dynamism.

Rep. French Hill (R-AR), vice chairman of the House Financial Services Committee, told Breitbart News that House Republicans could work to unleash America’s financial power to revitalize American manufacturing.

The Republican Party has returned to its traditional stance in favor of tariffs and economic nationalism.

Attorneys for Elon Musk’s X reportedly filed a notice on Thursday in Alex Jones’ Infowars bankruptcy case. Jones claimed that “The cavalry is here,” adding that “Trump is pissed.”

Trump is likely sending a fierce defender of his tariff proposals to run the Commerce Department, according to reports.

As the AI revolution gains momentum, Big Tech companies are pouring billions into AI infrastructure, with spending expected to exceed a staggering $250 billion in 2025.

Google, no stranger to leftist political bias, is now planning to co-host a social event with Democratic super PAC Priorities USA, as its members plan to “resist the Republican agenda.”

The DOJ has decided it will ask a federal judge to force Google to sell off its Chrome web browser as a result of the government’s successful antitrust case against the internet giant’s monopolistic actions in its search business according to a new report by Bloomberg.