Donald Trump‘s return to the White House could usher in a new era of cryptocurrency-friendly policies, according to recent reports and insights from sources close to the transition team. What Happened: Axios reported on Tuesday that Trump, who promised a “golden age of America,” will focus on boosting market metrics, including cryptocurrencies. The former president…
Amazon.com Inc. stands as a $2 trillion retail giant today, but its survival was in serious jeopardy back in 2001. After the dot-com bubble burst, Amazon’s stock plummeted 90%, leading many critics to predict its demise. However, founder Jeff Bezos reversed the company’s fortunes with help from a surprising source: Costco Wholesale Corp. founder Jim…
Jeff Bezos, the founder of Amazon.com Inc. AMZN, has wrapped up his recent sale of Amazon shares. Last week, Bezos sold off Amazon stock worth $1.3 billion, taking his total sales for November to a whopping $3.4 billion. What Happened: Bezos has offloaded a total of $5.1 billion worth of Amazon stock since July. These sales…
Microsoft co-founder Bill Gates recently expressed his readiness to relinquish 62% of his wealth under a proposed tax system aimed at the affluent. What Happened: Gates, who has a net worth of approximately $139 billion according to Forbes, discussed his perspective on wealth disparity in the Netflix docuseries “What’s Next? The Future with Bill Gates.”…
Robert Kiyosaki, renowned investor and author, has expressed concerns over a potential stock market crash and highlighted the importance of investing in gold, silver, and Bitcoin BTC/USD. What Happened: On Saturday, Kiyosaki took to X to share his views on the current state of the market. He noted that the price of gold has reached…
Jeff Bezos, the founder of Amazon, has a distinctive morning routine that avoids screen time for the first hour of the day. Recent neuroscience research indicates that this method could lead to smarter, healthier days. What Happened: Bezos, unlike many CEOs, dedicates the initial hours of his day to non-digital activities. This routine, first unveiled…
With Friday’s nonfarm payroll report on the horizon, the labor market is expected to show a modest increase of 140,000 jobs, slightly down from August’s 142,000. Wednesday’s ADP National Employment Report for September signaled some resilience. The private sector added 143,000 jobs, up from 99,000 in August, bolstered by gains in goods-producing industries like construction…
China’s latest economic stimulus is creating significant ripples in global markets. Following a series of bold actions by the People’s Bank of China (PBoC), including slashing the reserve requirement ratio (RRR) for banks and cutting key repo rates, the financial system is poised for an influx of liquidity. The aim is to inject $140 billion…