Economy

MicroStrategy (MSTR) has become the poster child for Bitcoin investment, with its shares surging over 450% in the past year, outperforming Bitcoin itself, which has doubled since January 2024. Wall…

A fast-moving wildfire freshly tore through the Hollywood Hills early Thursday, threatening a region synonymous with the American film industry. The blaze added to the strain on millions of Los…

Several major tech companies and executives are making donations to President-elect Donald Trump’s inauguration fund, signaling a shift in tone as his second term approaches. Microsoft Corp., Alphabet Inc.’s Google,…

Federal Reserve officials at their December meeting expressed concern over inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving more slowly on…

The Biden administration is preparing a final round of export restrictions on advanced artificial intelligence (AI) chips, marking a last-minute effort to limit China and Russia’s access to cutting-edge technologies,…

China’s inflation data for December has raised fresh concerns over deflationary pressures, underscoring the persistent challenges facing the world’s second-largest economy as it grapples with weak domestic demand. China’s consumer…

Canadian politics and its economy are in the spotlight following Prime Minister Justin Trudeau’s resignation and escalating tensions with the United States. During his tenure, Canada faced stagnating productivity, rising…

UK retailers are bracing for a significant cost increase in 2025, estimated at £7bn, due to higher employer national insurance contributions, the rise in the national living wage, and new…

Incumbent US President Joe Biden may ban drilling for oil and gas in most coastlines of the country ahead of President-elect Donald Trump’s inauguration day on January 20, Reuters reported. …