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US Labor Market Stumbles: ADP Reports First Private Sector Job Loss Since Pandemic Recovery

Jul 02, 2025 12:29 pm UTC| Insights & Views

Released today, the ADP National Employment Report for June 2025 shows a significant slowdown in the US private sector labor market, with a loss of 33,000 jobs. This negative statistic follows a significant downward...

Gold's Next Move: Will it Shine Amidst Shifting US Economic Tides?

Jul 02, 2025 11:47 am UTC| Insights & Views

Gold showed a minor pullback as US bond yields dipped. It hit a low of $3247 and is currently trading around $3343.40. US Manufacturing Shows Slight Improvement Despite Contraction Thoughstill denotingcontraction...

Australia's Retail Growth Stalls: Below Expectations in May

Jul 02, 2025 02:43 am UTC| Insights & Views

Reaching A$37. 3 billion, Australias retail sales in May 2025 increased 0. 2% month-on - month. Though consistent with Marchs performance, this growth rate trailed market expectations of a 0. 3% increase and followed a...

BitMine’s $250M Ethereum Bet Sets Stage for Bull Run – Is $4,000 Next?

Jul 01, 2025 11:27 am UTC| Digital Currency Insights & Views

ETHUSD trades flat with positive bias. It hits an intraday low of $2445 and is currently trading around $2454. BitMine Immersion Technologies (BMNR) recently secured $250 million through a private share placement, with...

BNB Surges Above $650: Maxwell Hard Fork Ignites Bullish Momentum and Network Boom

Jul 01, 2025 11:24 am UTC| Digital Currency Insights & Views

BNB/USDholds above $650 ahead of the Maxwell hardfork. It hits a high of $660.30 and is currently trading around $652.80. Halving block times from 1.5 seconds to 0. 75 seconds, effectively doubling transaction volume...

Algorand Powers Ahead in 2025: Innovation Fuels ALGOUSD’s Bullish Momentum

Jul 01, 2025 08:57 am UTC| Digital Currency Insights & Views

Algorands 2025 Breakthroughs: Partnerships, Tech, and Real-World Impact With important partnerships, technological upgrades, and ecosystem expansion, Algorand has advanced considerably in 2025, thereby strengthening its...

Senator Lummis Pushes for Crypto Tax Relief: Double Taxation Out, Innovation In

Jul 01, 2025 04:52 am UTC| Digital Currency Insights & Views

Significantly lowered taxes for cryptocurrency miners and stakers in the United States have been proposed by Senator Cynthia Lummis amendment to the Big Beautiful Bill. This amendment seeks mostly to remove the double...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....