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Business News

Location American Business News for 28 December 2024
Janet Yellen expects the US to hit debt limit before the end of January Treasury Secretary Janet Yellen said her department will soon need to take "extraordinary measures" to prevent the US from defaulting on its debt.
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Big Lots reaches deal to keep hundreds of stores open, save jobs The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores and operate under the Big Lots brand.
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President-elect Donald Trump asked the Supreme Court to pause the law that would ban TikTok in mid-January until after his inauguration.
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The winning ticket was sold at Sunshine Food and Gas in Cottonwood, northern California, the California State lottery said.
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How TikTok has shaken up e-commerce in the US

Business Insider - 28 Dec 2024 13:22
TikTok is changing the US e-commerce ecosystem as it brings influencer sales and social shopping into the mainstream.
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Wall Street Expects Gold to Glitter Again in 2025

Wall Street Journal - 28 Dec 2024 12:30
Big banks are forecasting that prices will rise to $3,000 in the year ahead.
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Mexico, Betting Trump Is Bluffing on Tariffs, Sees an Opportunity Business leaders in Mexico say the incoming U.S. administration will enhance the appeal of their factories as an alternative to plants in China.
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IRS DeFi broker rule 'absolutely should be challenged,' says Uniswap CLO Uniswap chief legal officer said the IRS DeFi broker rule "absolutely should be challenged," while a Consensys lawyer argued that the ruling was released on "the last Friday of 2024 in the middle of a holiday stretch on ...
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'Gladiator II' director Ridley Scott says he 'wouldn't advise' vacationing in Malta, angering a government that paid $48 million for him to film there Ridley Scott advised an audience against vacationing in Malta, a location for "Gladiator II." Local politicians are not happy.
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Cryptoquant CEO: US Strategic Bitcoin Reserve Adoption Unlikely Amid Economic Strength Since Donald Trump was elected the 47th President of the United States, bitcoin advocates have faced skepticism about whether his administration and the forthcoming Congress would introduce a strategic bitcoin reserve. C...
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Trump's Bitcoin policies depend on US economic standing -- Ki Young Ju Although the US dollar has lost over 90% of its value since 1913, it continues to dominate all other fiat currencies as a store of value.
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Trump's Dedollarization Warning Falls Flat as Nigeria, China Renew $2 Billion Currency Swap Deal China and Nigeria have renewed a $2 billion currency swap arrangement for another three years. Trump Tariff Threat China and Nigeria have agreed to renew a $2 billion currency swap arrangement, initially signed in 2018. ...
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El Salvador's Bitcoin stash hits 6,000 BTC, worth $569M

Coin Telegraph - 28 Dec 2024 20:15
El Salvador's Bitcoin stash hits 6,000 BTC, worth $569M El Salvador joins the US, China, the UK, Ukraine and Bhutan as the only countries with Bitcoin holdings currently above 6,000 BTC.
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As a college student, I skipped studying abroad because I wanted to stay with my friends and boyfriend on campus. I now know that was a mistake.
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I've lived between the US and Brazil for the last 24 years. Moving with little kids is very different than with teens. Andrew Jernigan's family has lived in the US and Brazil. He says that international moves are easier with little kids than with teenagers.
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'Highly indoctrinated' North Korean troops are being sent on 'hopeless' human wave assaults against Ukrainian positions: White House Moscow has also used its own troops to carry out such attacks, which aim to overwhelm Ukrainian positions.
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Financial Analyst Predicts Massive Debt Crisis for US Economy in 2025 Some individuals believe the U.S. is staring down the barrel of a financial headache in 2025, with a whopping $7 trillion in debt due for renewal, raising alarms about a possible economic meltdown. Financial guru Dr. Jim...
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Refinding James Baldwin

The New Yorker - 28 Dec 2024 18:14
We commonly associate the writer with the land of his birth--America--and with the land of his expatriation, France. But a fascinating new exhibit focusses on Baldwin's years in Turkey, the country that, in his words, sa...
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China's new amphibious assault ship, the Sichuan, has an electromagnetic catapult system that makes it essentially a light aircraft carrier.
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Top Fitness Influencers Making an Impact

Small Business Trends - 28 Dec 2024 17:20
Top Fitness Influencers Making an Impact Here are the top influencers keeping their audience in shape while giving brands in the industry a great outlet outside of traditional advertising.
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25% of remote workers say their social skills have declined while working from home: survey Remote work policies ushered in by the COVID-19 pandemic have taken a serious toll on employees' social and emotional well-being, a new study found.
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Interior designers share 4 bathroom trends that'll be huge next year and 5 that will be out Interior designers said LED lighting and mixed metals will be trendy in bathrooms in 2025, but farmhouse decor and floating vanities will be out.
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