Business News
Trump's Tariffs Hit Stock Markets
The New York Times - 4 Mar 2025 15:09
Global leaders are retaliating and investors have sold off stocks in Asia and Europe.
Trump's 25% tariffs on Canada and Mexico go into effect
Fast Company - 4 Mar 2025 13:13
The tariffs were supposed to begin in February, but Trump had agreed to a 30-day for negotiations. President Donald Trump’s long-threatened tariffs against Canada and Mexico went into effect Tuesday, putting global mar...
Citigroup almost shifted $6 billion to customer's account after copy-paste error
New York Post - 4 Mar 2025 02:49
The near-error occurred after a staffer handling the transfer copied and pasted the account number into a field for the dollar figure, which was detected on the next business day.
U.S. stocks are being trounced by Europe as Trump retreats from Ukraine, focuses on 'America First'
Market Watch - 4 Mar 2025 01:16Welcome to the new era of global trade
Business Insider - 4 Mar 2025 16:24Nordstrom posts better-than-expected earnings ahead of going-private transaction
Market Watch - 4 Mar 2025 15:59Target's stock reverses lower as tariff talk overshadows upbeat profit outlook
Market Watch - 4 Mar 2025 15:53Calls to Audit US Crypto Holdings Rise After Strategic Crypto Reserve Announcement
Bitcoin.com - 4 Mar 2025 15:30
David Bailey, a former aide of the Trump campaign, called for an audit of the U.S. bitcoin, stressing the current state of the digital assets owned by the U.S. was unacceptable. He remarked few or nobody was able to asce...
Trump tariffs could be good for some countries, including the UK
BBC - 4 Mar 2025 14:41
Donald Trump's tariffs on Canada, Mexico and China have turned back the clock 70 years, erasing decades of globalisation.
CTA warns that tariffs could lower U.S. consumer purchasing power by $90B to $143B
Venture Beat - 4 Mar 2025 02:20
The CTA warned today that the tariffs on foreign goods will fuel inflation and hurt U.S. consumer purchasing power by up to $143 billion.
Binance to Delist USDT, Other Non-Compliant Stablecoins for European Users
Bitcoin.com - 4 Mar 2025 01:10
Binance is delisting several stablecoins, including USDT, for European Economic Area (EEA) residents due to non-compliance with MiCA regulations. USDT Woes Continue Top crypto exchange Binance announced on March 3 that i...
Why bitcoin bulls aren't happy about Trump's plans for something they've long wanted: a crypto reserve
Market Watch - 4 Mar 2025 00:34DOGE deleted another $4 billion from its 'wall of receipts'
Business Insider - 4 Mar 2025 23:56
This isn't the first time the group has significantly pared back the stated savings on its website.
Dallas Fed: Bank stress declining but still elevated
American Banker - 4 Mar 2025 23:48
The banking sector has stabilized significantly since the spring of 2023, but elevated interest rates have created lingering issues on bank balance sheets.
CFPB Drops Lawsuit Against Banks Over Zelle Scams
The New York Times - 4 Mar 2025 23:46
A spokeswoman for the payment app's parent company said the lawsuit against three large banks was "without merit, and legally and factually flawed."
A scandal-scarred Rhode Island bank moves to liquidate
American Banker - 4 Mar 2025 23:45
Independence Bank can cease operations once it satisfies the conditions in an FDIC consent order. Liquidation would close out a five-year drama that began when regulators cited the bank for SBA lending irregularities.
Goldman Sachs set to ax under-performing VPs in latest layoffs: sources
New York Post - 4 Mar 2025 23:44
The move will see 3% to 5% of the bank's global workforce of 46,500 cut, sources familiar with the matter told The Post.
Bitcoin Price Watch: Bulls Fight Back as Bitcoin Eyes $90K Breakout
Bitcoin.com - 4 Mar 2025 23:40
As of 4:35 p.m. ET on March 4, 2025, bitcoin commanded a valuation of $88,165, boasting a market capitalization of $1.72 trillion and a 24-hour trading volume of $69.81 billion. The digital asset oscillated between an in...
On Second Count, ABC Says Oscar Viewership Increased
The New York Times - 4 Mar 2025 23:40
The network said that after total viewership on Hulu was included in the count, the show attracted 19.7 million people, up from 19.5 million last year.
Meghan Markle can make her Martha Stewart era a success — but she shouldn't try to be relatable, PR pros say
Business Insider - 4 Mar 2025 23:23How software companies are developing AI agents and preparing their employees for the next wave of generative AI
Business Insider - 4 Mar 2025 23:19Solana upgrades will strengthen network but squeeze validators -- VanEck
Coin Telegraph - 4 Mar 2025 23:10
The network's planned upgrades are sparking debate amid concerns over validators' revenues.