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Latest Business News & Market Updates

Is Starlink Coming to Pakistan?

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Latest Business News & Market Updates

FINANCE NEWS YOU NEED TO KNOW TODAY

Latest Business News & Market Updates

Duo Behind $650M Global Crypto Scam Promising 300% Profits Now Facing Federal Charges

Oliver Bennett
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ChatGPT Image Jul 9, 2025, 12_21_57 PM
Latest Business News & Market Updates
Two men have been indicted for orchestrating a massive international cryptocurrency fraud scheme that deceived investors out of more than $650 million. According to an indictment unsealed in the District of Puerto Rico, Michael Shannon Sims, 48, from Georgia and Florida, and Juan Carlos Reynoso, 57, from New Jersey and Florida, are accused of founding […]
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ChatGPT Image Jul 9, 2025, 12_19_38 PM

Super Micro Plans Major Expansion in Europe to Meet Soaring AI Server Demand

Microsoft Hikes Xbox Prices in the U.S. Amid Economic Shifts and Tariff Pressures

Oliver Bennett
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Microsoft Hikes Xbox Prices in the U.S. Amid Economic Shifts and Tariff Pressures
Latest Business News & Market Updates
REDMOND, Wash. — Microsoft announced on Friday that it will raise the retail prices of several Xbox consoles in the U.S. starting October, citing the impact of a shifting macroeconomic environment. The company clarified that accessories such as controllers and headsets will remain unaffected, and pricing across other countries will stay unchanged. Although Microsoft did […]
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Microsoft Secures $6 Billion U.S. Government Cloud Savings Deal to Boost AI and Digital Transformation

Microsoft Secures $6 Billion U.S. Government Cloud Savings Deal to Boost AI and Digital Transformation

Trump Ends Canada Trade Talks, Key Inflation Report Due, Target Job Cuts, and More Market Movers Today

Oliver Bennett
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Trump Ends Canada Trade Talks, Key Inflation Report Due, Target Job Cuts, and More Market Movers Today
Latest Business News & Market Updates
1. Trump Pulls the Plug on Canada Trade Talks President Donald Trump announced late Thursday that the United States is halting trade negotiations with Canada after controversy erupted over an Ontario government ad featuring the voice of former President Ronald Reagan. The ad criticized tariffs and their impact on Americans, but the Ronald Reagan Presidential […]
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ChatGPT Image Aug 12, 2025, 04_30_39 PM

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

EU Accuses TikTok and Meta of Violating Transparency Rules Under Landmark Tech Law

Oliver Bennett
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EU Accuses TikTok and Meta of Violating Transparency Rules Under Landmark Tech Law
Latest Business News & Market Updates
The European Commission, which serves as the executive branch of the European Union, announced on Friday that it has preliminarily found Meta and TikTok in breach of key transparency requirements set under the Digital Services Act (DSA) — the EU’s groundbreaking technology regulation. According to the Commission, the two U.S.-based tech giants failed to provide […]
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ChatGPT Image Jul 25, 2025, 07_50_30 PM

TikTok Faces U.S. Blackout as Commerce Chief Demands American Control Over App

From Underdog to Space Dominator: How SpaceX Took Over America’s Space Industry

Oliver Bennett
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ChatGPT Image Aug 25, 2025, 02_52_21 PM
Latest Business News & Market Updates
Today SpaceX stands as a $400 billion giant, central to U.S. space operations — but its journey to dominance was far from smooth. Founded in 2002 by Elon Musk with funds from the sale of PayPal, the company set out to disrupt an industry long controlled by legacy players. Its first rocket, Falcon 1, was […]
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Starlink Faces Second Outage in Two Weeks as SpaceX Expands Satellite Fleet

Starlink Faces Second Outage in Two Weeks as SpaceX Expands Satellite Fleet

Microsoft Secures $6 Billion U.S. Government Cloud Savings Deal to Boost AI and Digital Transformation

Oliver Bennett
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Microsoft Secures $6 Billion U.S. Government Cloud Savings Deal to Boost AI and Digital Transformation
Latest Business News & Market Updates
Microsoft has struck a landmark agreement with the U.S. General Services Administration (GSA), offering over $6 billion in cost savings on cloud services over the next three years. The deal provides government agencies with access to discounted pricing on Microsoft’s cloud platforms and productivity tools through September 2026. As part of the initiative, federal agencies […]
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ChatGPT Image Aug 8, 2025, 10_13_55 AM

Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Trump Ally Slams Tim Cook for Delays in Shifting iPhone Production from China

Oliver Bennett
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ChatGPT Image Jul 8, 2025, 02_27_31 PM
Latest Business News & Market Updates
Former White House trade advisor Peter Navarro has sharply criticized Apple CEO Tim Cook, accusing him of dragging his feet in reducing Apple’s manufacturing reliance on China. “Since the first Trump administration, Cook has repeatedly asked for more time to relocate Apple’s factories from China,” Navarro said during a recent interview. “It’s become Silicon Valley’s […]
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ChatGPT Image Jul 3, 2025, 05_42_11 PM

Apple Rebounds in China with First iPhone Sales Growth in Two Years

Nasdaq Backs Winklevoss Twins’ Gemini with $50M Investment Ahead of IPO

Oliver Bennett
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Nasdaq Backs Winklevoss Twins’ Gemini with $50M Investment Ahead of IPO
Latest Business News & Market Updates
Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has secured a major boost from Nasdaq just days before its highly anticipated initial public offering. The global stock exchange operator is investing $50 million in Gemini as part of a strategic partnership that will enable Nasdaq to integrate the exchange’s custodial services for its […]
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ChatGPT Image Aug 8, 2025, 10_13_55 AM

Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Tesla Ordered to Pay Over $240 Million After Fatal Autopilot Crash, Jury Rules

Oliver Bennett
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Latest Business News & Market Updates
A Florida jury has ruled that Tesla holds partial responsibility for a deadly 2019 crash involving its Autopilot system and has awarded nearly $242.5 million in total damages to the victim’s family and an injured survivor. The jury allocated 33% fault to Tesla, making the company liable for around $42.5 million in compensatory damages. In […]
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ChatGPT Image Jul 17, 2025, 10_22_29 AM

Tesla’s New Lawsuit Barrier Sparks Backlash from New York State Officials

Bitcoin Smashes Past $113K as Short Sellers Scramble and Crypto Market Heats Up

Oliver Bennett
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ChatGPT Image Jul 11, 2025, 12_54_16 PM
Latest Business News & Market Updates
Bitcoin surged to a fresh all-time high on Thursday, breaking through $113,000 as investor enthusiasm returned to risk assets and a wave of short liquidations pushed prices even higher. The top cryptocurrency climbed as much as $113,863.18 during the day before settling around $113,459, marking a nearly 2% daily gain. This latest rally extends the […]
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ChatGPT Image Jun 25, 2025, 12_47_26 PM

Amazon to Inject £40 Billion into UK Economy Over the Next Three Years

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