Tech Stocks Soar as Nasdaq Records Best Day in Decades Tech stocks experienced a significant surge as the Nasdaq jumped over 12% in its best performance in decades. This impressive rally comes in the wake of the Trump administration’s decision to temporarily halt trade tariffs. The market reaction to this news underscores the crucial role […]
The Trump administration ends the crypto enforcement team
The Trump Administration Ends the Crypto Enforcement Team In a surprising move that has sparked debates across the financial and technological sectors, the Trump administration has decided to disband the crypto enforcement team. This decision marks a significant shift in the approach towards regulating digital currencies and blockchain technology. Instead of focusing on cracking down […]
Trump’s 25% tariff triggers Audi, Jaguar Land Rover, Stellantis to halt US shipments
Trump’s 25% Tariff Forces Audi, Jaguar Land Rover, Stellantis to Halt US Shipments The automotive industry is currently facing a significant challenge due to the recent implementation of a 25% tariff by the Trump administration. This decision has forced major car manufacturers, including Audi, Jaguar Land Rover, and Stellantis, to take drastic measures to navigate […]
Trump administration pushes for pro-AI shift in US federal agencies
Trump Administration Pushes for Pro-AI Shift in US Federal Agencies In a significant move towards embracing artificial intelligence (AI) technologies, the Trump administration has mandated federal agencies to appoint chief AI officers, develop generative AI strategies, and prioritize American-made tech. This directive marks a pivotal moment in the landscape of governance, signaling a decisive shift […]
Adidas, Puma Plunge as Trump’s Tariffs Shock Shoe Supply Chains
Adidas, Puma Plunge as Trump’s Tariffs Shock Shoe Supply Chains The global economy is a complex web of interconnected supply chains, where even the slightest ripple can cause a major wave of impact. Recently, the footwear industry felt the shockwaves as President Trump’s tariffs sent Adidas and Puma stocks plummeting. In early Frankfurt trading on […]
Amazon Submits Bid for TikTok With US Sale Deadline Nearing
Amazon’s Bid for TikTok Raises Eyebrows Amongst US Officials In the latest twist of the TikTok saga, retail behemoth Amazon has thrown its hat into the ring by submitting a bid to acquire the popular video-sharing app’s US operations. With the deadline for the sale rapidly approaching, Amazon is making a bold move to expand […]
GreenMet, Tanbreez strike deal for Greenland rare earths amid Trump’s takeover push
GreenMet and Tanbreez Partner for Greenland Rare Earths Amid Trump’s Takeover Push U.S. firm GreenMet, on Thursday, announced a landmark partnership with Tanbreez, marking a major step in the quest for rare earth minerals in Greenland. The collaboration comes at a crucial time, amidst growing concerns over the supply chain of these critical minerals and […]
US Fashion Lobby Warns Trump Cuts Threaten Key Supply-Chain Programmes
US Fashion Lobby Warns Trump Cuts Threaten Key Supply-Chain Programmes The US fashion industry is facing a critical threat as the Trump administration announces cuts to key supply-chain programs aimed at combating child labor, forced labor, and human trafficking overseas. With the Labor Department slashing over $500 million in funding for these vital initiatives, the […]
Anduril confident in Trump-era defence priorities
Anduril Confident in Trump-Era Defense Priorities In the realm of defense technology, the landscape is constantly shifting. With the political changes that come with each new administration, companies in the sector must adapt and evolve to meet the needs and priorities of the current government. Anduril, an AI defense startup, is one such company that […]
Trump administration ends support for cybersecurity projects
The Impact of Trump Administration’s Funding Cuts on Cybersecurity Initiatives The recent decision by the Trump administration to end support for key cybersecurity projects has sent shockwaves through the technology and security sectors. With funding cuts hitting crucial initiatives aimed at safeguarding digital infrastructure, concerns are mounting about the potential vulnerabilities that could arise in […]