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Business News

Location American Business News for 30 April 2025
Chinese e-commerce exports plummet in face of tariffs, despite rise in sales to EU Shein and Temu among fast-fashion sites affected by 65% drop in shipping during first three months of this year Exports to the US from Chinese online shops such as Temu and Shein have plunged in the face of Donald Trump'...
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US economy unexpectedly shrank in first three months of 2025 on import rush ahead of Trump tariffs Gross domestic product, a measure of all goods and services produced in the US, in January through March plunged.
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Warning shops could be forced to accept cash in future There is no data on how widely cash is accepted which puts the UK at risk of becoming cashless, a report warns.
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Visa's earnings send the message that spending is still healthy Spending growth has been strongest among the affluent, but Visa has seen resilient trends overall.
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Struggling JetBlue in talks on partnership with United Airlines: report JetBlue has been seeking partnerships after a federal judge blocked its so-called Northeast Alliance with American Airlines in 2023.
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Norwegian Cruise Line expects profit to miss estimates as it faces 'macroeconomic volatility' Norwegian Cruise Line's stock fell more than 8% in premarket trading on Wednesday after the cruise operator warned it expects to fall short of Wall Street analyst estimates for its second quarter as it faces an uncertain...
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US economy shrinks as firms import more ahead of tariffs The world's largest economy contracted at an annual pace of 0.3% in the first three months of 2025.
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Etsy vows to stay 'nimble' amid tariff fallout and 'fluid' consumer confidence "The first quarter of 2025 played out largely as expected," Etsy said.
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Crypto hackers hit DeFi for $92M in April as attacks double from March Cryptocurrency hackers stole more than $90 million in April, dealing another blow to the industry’s mainstream reputation despite ongoing efforts to improve cybersecurity. Hackers made off with $92 million of digital a...
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Despite trade-war angst, junk bonds are holding up as Trump marks 100 days A riskier part of the bond market is offering yields around 8%, according to a BlackRock strategist
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Mark Zuckerberg says college isn't preparing students for the job market Meta CEO Mark Zuckerberg told Theo Von that college is a great social experience, but he's unsure if it's preparing students for today's job market.
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Nike Faces $5M NFT Meltdown Lawsuit

Bitcoin.com - 30 Apr 2025 02:05
Nike Faces $5M NFT Meltdown Lawsuit Nike is facing a class action lawsuit after abruptly shutting down its crypto-focused subsidiary, RTFKT, leaving investors with significant losses tied to Nike-themed NFTs and digital assets. Plaintiffs, led by Australia...
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Starbucks announced Tuesday that it is exploring an aperitivo menu featuring "sparkling beverages, sippable coffee drinks, and snackable bites."
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Labor pain, crypto gain -- How weak JOLTS data sets path for Bitcoin price to rally Key points: Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs. Job openings fell to 7.2 million in March versus the 7.5 million forecast and...
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Stock market's post-GDP whiplash shows it's 'foolish' to expect anything but volatility The stock market is experiencing whiplash, with the shrinking of the U.S. economy in the first quarter underscoring investor's worries over tariff uncertainty.
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Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing...
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How bad have 10 weeks of stock-market volatility been for your retirement fund? Maybe not as bad as you think. If you're down $20k one day and up $5k the next, you might be wondering when the cracks will start to show in your retirement readiness
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Bloomberg Intelligence boosts Solana ETF approval odds to 90% Bloomberg Intelligence has boosted its estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, according to an April 30 post on the X platform. The company also set more favorable ch...
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What is cryptocurrency and how does it work?

New York Post - 30 Apr 2025 23:45
What is cryptocurrency and how does it work? If you're ready to make your first foray into cryptocurrency, here are all the basics you'll need to know.
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Athlete Ventures In Action: How Kriol Star Is Transforming The Basketball Landscape In Cape Verde Kriol Star, founded by two brothers, is redefining basketball in Cape Verde by merging sport with entrepreneurship and creating new opportunities for local talent.
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Everton Prepares For Goodison Park Goodbye With Iconic Display Supporters are set to put on a show of their own ahead of the game against Ipswich Town, as Everton gets ready to play its final games at Goodison Park.
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What Time Are The 2025 Tony Awards Nominations? How To Watch The road to the 2025 Tony Awards begins Thursday with the announcement of the nominations. Where can you watch the nods as they are revealed?
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