Treasury Secretary Scott Bessent outlined an ambitious economic strategy Tuesday, projecting tariff revenues could reach $300 billion annually while targeting 3% GDP growth by early 2026, as the administration prepares for crucial trade negotiations with China and discussions on Russian oil sanctions with European allies.
From Tesla to MetaPlanet, Strategy CEO's Bitcoin playbook is changing the corporate game. Who’s next?
Netflix exceeded second-quarter expectations and boosted its annual revenue projections, driven by subscriber growth, price hikes, and advertising momentum, with the streaming giant reporting 16% revenue growth to $11.08 billion and a 46% profit surge to $3.1 billion.
Corporate results exceed expectations while retail sales and employment figures reinforce economic strength
Bitcoin strategy manager addresses social media concerns about financial resilience amid $71 billion BTC holdings
Chinese regulators are signaling a dramatic policy evolution on digital currencies as Shanghai's state-owned assets commission organizes strategic meetings to explore stablecoin responses, marking a significant departure from the country's blanket cryptocurrency ban while major corporations push for yuan-pegged alternatives to challenge US dollar dominance in the digital asset space.
The development represents yet another diplomatic effort to establish stable commercial relations between the superpowers after months of deteriorating ties.
A public feud between President Donald Trump and Tesla Chief Executive Officer Elon Musk triggered a historic $152 billion loss in Tesla’s market value on Thursday, as CNBC reported, with Trump’s threat to cancel government contracts for Musk’s companies sending shares tumbling 14% and underscoring tensions over a controversial spending bill.
Israeli-American economist left a profound mark on global and Israeli economies.
Nvidia’s 5.6% jump translated to a market cap increase of $180 billion, bringing its total valuation to approximately $3.394 trillion.
