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Trump’s CZ Pardon Has the Crypto World Bracing for Impact

Changpeng Zhao, the multibillionaire founder of crypto exchange Binance, spent four months last year locked in a federal prison. After US president Donald Trump pardoned Zhao in October, the government has recast him as a martyr. Zhao, who goes by CZ, pleaded guilty in November 2023 to failing to maintain an effective anti-money-laundering program at … Read more

Honda, VW bracing for outage

A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio.  Michael Wayland / CNBC Global automakers are once again bracing for production disruptions due to a potential shortage of automotive semiconductor chips, this time sparked by the Dutch government amid geopolitical tensions between the U.S. … Read more

The government shutdown couldn’t have come at a worse time for D.C. Its $11 billion tourism industry is bracing for impact

The government shutdown has officially entered its second week, but the worst effects may still be ahead for Washington, D.C.’s tourism industry. Some government-funded museums and facilities such as the National Gallery of Art have already closed, and those that haven’t, such as the Smithsonian’s National Zoo and the National Air and Space Museum are … Read more

BlackRock and Wall St. Exit US Markets, Bracing for Recession

BlackRock is one of the four horsemen of the US economy, along with investment giants Vanguard, Fidelity and State Street. And now there’s a Moody’s recession prediction terrifying all of these institutions. All of these investment institutions are lugubrious on the US economy - here’s why. Moody’s Recession Prediction: Two More Weeks Recession risks are rising, according … Read more

BTC USD Weak: Here’s Why Bitcoin Traders Are Bracing for Tough Times

BTC USD surged to all-time highs in August, breaking $123,000 and peaking at $124,700. Since then, it has been a rollercoaster for optimistic Bitcoin traders. Although prices briefly stabilized last weekend, the early-week dump has yet to reverse. The world’s most valuable coin remains capped within the bear bars of August 18 and 19. (Source: … Read more

Fortune 500 companies are bracing for a wave of lawsuits in 2025

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