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Trade Tensions on Hold: US, China Extend Tariff Truce with AI Chip Revenue Pact

Aug 12, 2025 07:29 am UTC| Insights & Views

Extending their tariff ceasefire by 90 days, the United States and China have agreed to postpone significant duty increases until at least November 10, 2025. Should discussions failed, American taxes on Chinese products...

Tariff-Driven Uptick: July CPI Poised to Hit Fresh Highs

Aug 12, 2025 06:24 am UTC| Insights & Views

Today at 8:30 a.m. ET, the US Bureau of Labor Statistics will announce the July Consumer Price Index, with economists predicting a slight rise in headline inflation. Much of this growth is expected to be fueled by higher...

RBA Eases Up: Cash Rate Cut to 3.60% on Cooling Inflation and Job Concerns

Aug 12, 2025 04:49 am UTC| Central Banks Insights & Views

Reducing its official cash rate by 25 basis points today, the Reserve Bank of Australia lowered it from 3.85% to 3.60%. All members of the Monetary Policy Board unanimously supported the choice, which was made public on...

Whale Tsunami: Big Holders Propel ETH & Memes, Trim BTC in $4T Rally

Aug 11, 2025 09:39 am UTC| Digital Currency Insights & Views

Whale Movement and Crypto Market Boom Whale activity has had a major impact on asset values and market attitude as the crypto market capitalization reached $4 trillion in August 2025. Big holders are intentionally...

Courtroom Clearance: Ripple’s Legal Triumph Unleashes XRP ETF Boom

Aug 08, 2025 13:54 pm UTC| Digital Currency Insights & Views

Ripple formally concluded their four-year court dispute with the SEC on August 7, 2025, accepting a $50 million fine (down from $125 million) and the SEC dropping its request to categorise public XRP sales as securities....

Retirement Revolution: Trump Opens 401(k) Doors to Crypto

Aug 08, 2025 08:58 am UTC| Digital Currency Insights & Views

President Trump signed an executive order on August 7, 2025, ordering the Department of Labor and the SEC to revamp retirement-plan rules under ERISA so allowing fiduciaries to provide participants in the $12.5 trillion...

Ripple Buys Rail for $200M, Bolstering Stablecoin Payments Dominance

Aug 07, 2025 13:51 pm UTC| Digital Currency Insights & Views

On August 7, 2025, Ripple revealed that for $200 million, it had bought Rail, a stablecoin payment platform. This tactical move seeks to strengthen Ripples leadership in the stablecoin payment solutions market and to...

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Economy

Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge

Global oil prices stabilized on Friday, but Brent crude remained on track for a weekly decline of more than 8% as investors assessed the uncertain future of the U.S.-Iran peace agreement and ongoing geopolitical risks in...

Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets

Asian stock markets rallied on Friday, with Japan and South Korea reaching record highs as easing tensions in the Middle East and the reopening of the Strait of Hormuz pushed oil prices lower, reducing global inflation...

US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge

U.S. stock index futures edged lower on Thursday evening, giving back some gains after a strong Wall Street rally driven by optimism surrounding a new U.S.-Iran agreement and a powerful surge in semiconductor stocks....

Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare

Canada and British Columbia have unveiled a major long-term infrastructure partnership valued at more than $5 billion, aimed at accelerating housing development, expanding healthcare facilities, and improving public...

Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks

Japans consumer inflation remained subdued in May, highlighting the ongoing impact of government energy subsidies even as the Bank of Japan (BOJ) signals concerns over future price pressures. The latest inflation data was...

Politics

Bolivia Nears End to 50-Day Crisis After Government Reaches Deal With Workers

Bolivian President Rodrigo Paz has reached a key agreement with the Bolivian Workers Confederation (COB), marking a significant step toward ending a nationwide crisis that has disrupted the country for nearly 50 days. The...

Trump Says Anthropic No Longer Seen as National Security Threat

U.S. President Donald Trump said he no longer views artificial intelligence company Anthropic as a national security threat, marking a significant shift from his stance just a week earlier. The comments came during an...

UN Clash Erupts as Israel Envoy Confronts UN Officials Over Blacklisting Reports

A tense confrontation unfolded at the United Nations headquarters in New York during an event marking the International Day for the Elimination of Sexual Violence in Conflict, as Israels ambassador to the U.N., Danny...

Meloni Slams Trump Over G7 Photo Claim as U.S.-Italy Relations Deteriorate

Italian Prime Minister Giorgia Meloni has strongly rejected claims made by U.S. President Donald Trump that she begged him for a photo during the recent G7 summit, calling the remarks completely made up and expressing...

Israel-Hezbollah Ceasefire Takes Effect Amid Rising Tensions Over U.S.-Iran Deal

Israel and Iran-backed Hezbollah agreed to a ceasefire on Friday following days of intensified fighting in Lebanon that threatened to undermine the recently announced U.S.-Iran agreement aimed at ending broader Middle East...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race

John Jumper, the Google DeepMind researcher who shared the 2024 Nobel Prize in Chemistry for his groundbreaking work on the AlphaFold artificial intelligence system, has announced that he is leaving Google DeepMind to join...

Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks

Meta Platforms is reportedly lobbying U.S. lawmakers to include legal protections for social media companies in the proposed Kids Online Safety Act (KOSA), a move that could significantly impact thousands of lawsuits...

SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow

SpaceX (NASDAQ: SPCX) shares extended their pullback on Thursday after a remarkable post-IPO rally, as investors locked in profits and questioned the companys lofty valuation. The stock, which dropped nearly 10% earlier in...

US Raises Concerns Over Possible ASML EUV Machine Transfer to China

U.S. Commerce Secretary Howard Lutnick has reportedly raised concerns with Dutch semiconductor equipment giant ASML regarding the possible transfer of one of its advanced extreme ultraviolet (EUV) lithography machines to...

Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race

Noam Shazeer, a vice president of engineering at Google and one of the leaders behind the companys Gemini artificial intelligence models, has announced that he is leaving Google to join OpenAI, the creator of ChatGPT. The...