Business

Citi Sets Sights on 2026 for Crypto Custody Launch as Wall Street Accelerates Digital Asset Push

October 14, 2025

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Citigroup is preparing to roll out its long-awaited crypto custody service by 2026, marking another step in Wall Street’s expanding embrace of digital assets. According to Biswarup Chatterjee, Citi’s global head of partnerships and innovation, the bank has been working on the custody solution for over two years and is now moving closer to market […]

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Eric Trump Predicts $1M Bitcoin as Trump Family Expands Crypto Empire Across Asia

Bitcoin Tumbles Below $117K After Crypto Bills Stall in House Vote

July 16, 2025

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Bitcoin dipped below the $117,000 mark on Tuesday following a legislative setback in the U.S. House of Representatives, where several cryptocurrency-focused bills were blocked from advancing. According to Coin Metrics, the digital asset was last trading 2.8% lower at $116,516, retreating from an earlier high of $120,481.86. The decline followed a 196–223 vote, where a […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Disney Warns of Possible ESPN and ABC Blackout on YouTube TV as Contract Talks Near Deadline

October 27, 2025

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Streaming giant YouTube TV could lose access to major Disney-owned networks — including ESPN and ABC — by the end of the month if a new distribution deal isn’t finalized in time. Disney announced on Thursday that it will begin notifying YouTube TV subscribers about the potential blackout, as its current contract with the platform […]

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Showdown Looms: YouTube TV Warns Fox Channels Could Vanish Without Deal

Amazon Workers Lose Jobs Before Prime Day : “We’ve Followed Every Rule” Caught in Trump Immigration Crackdown

July 11, 2025

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Daphnee Poteau, a Haitian immigrant who arrived in the U.S. in 2023, found more than just a job at an Amazon warehouse in Indianapolis—she found her husband, Kristopher Vincent, a longtime employee at the same facility known as IND8. But their future has suddenly become uncertain. Last month, Poteau was contacted by the Department of […]

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

Jeff Bezos Appoints Ex-Amazon Alexa Chief to Lead $10B Climate Initiative

July 16, 2025

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Jeff Bezos has named longtime Amazon executive Tom Taylor as the new President and CEO of the $10 billion Bezos Earth Fund, a major philanthropic effort focused on tackling climate change and preserving biodiversity. Taylor, who spent over two decades at Amazon and previously led its Alexa voice assistant division and third-party seller services, shared […]

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

Crypto CEO accused of laundering $500 million to Russian banks

June 10, 2025

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Iurii Gugnin, a 38-year-old Russian national residing in New York, has been arrested and charged with operating a sophisticated money laundering scheme that allegedly funneled over $530 million through U.S. financial institutions. Gugnin, the founder of cryptocurrency payment firms Evita Pay and Evita Investments, is accused of facilitating transactions on behalf of clients linked to […]

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FINANCE NEWS YOU NEED TO KNOW TODAY

AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path

July 16, 2025

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Advanced Micro Devices (AMD) announced on Tuesday that it will soon restart shipments of its MI308 artificial intelligence chips to China, sending its stock up more than 6% following the announcement. The company stated that the U.S. Department of Commerce has begun reviewing license applications again, allowing AMD to move forward with exports once approval […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Lufthansa to Slash 4,000 Jobs by 2030 as AI Reshapes Airline Operations

September 29, 2025

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Lufthansa announced on Monday that it will cut 4,000 jobs worldwide by 2030 as part of a major restructuring plan that leans heavily on artificial intelligence to boost efficiency and profitability. The airline group said most of the reductions will target administrative roles, particularly in Germany, as the company streamlines overlapping tasks and embraces digital […]

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How Huawei Rose from Telecom Player to China’s AI Powerhouse

AMD Surges 8% as IBM Taps Its Chips for Breakthrough in Quantum Computing Error Correction

October 27, 2025

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Advanced Micro Devices (AMD) shares surged nearly 8% on Friday after reports revealed that IBM successfully used AMD’s chips to run a quantum computing error correction algorithm — a major step forward in the development of scalable quantum systems. IBM’s stock also jumped around 8%, marking its best single-day performance since January, as excitement around […]

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AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path

China Eases Key Mineral Export Bans to the U.S. as Trade Peace Strengthens

November 10, 2025

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In a major sign of easing tensions, China has lifted several restrictions on the export of critical minerals and rare earth materials to the United States, signaling progress in the ongoing trade truce between the two economic superpowers. The Chinese Ministry of Commerce announced Friday that it would temporarily suspend certain export controls on materials […]

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Huawei Unveils $2,500 Mate XTs Trifold Smartphone as It Pushes for Global Comeback