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Robinhood has officially closed its $200 million acquisition of Bitstamp, bringing one of the world’s longest-running cryptocurrency exchanges into its fold and signaling a strategic shift beyond retail trading and into the world of institutions. The all-cash deal, first announced last year, gives Robinhood an immediate international footprint — including more than 50 active crypto … Read more
As many economists warn of the inflationary consequences of tariffs, billionaire Mark Cuban believes uncertainty surrounding the tariffs may actually bring down prices in some instances. Companies may try to rid themselves of inventory they stockpiled as a result of tariff threats, slashing costs to “get back to cash,” Cuban said in a recent social … Read more
China on Monday refuted Washington’s claims that it had broken the Geneva trade agreement, instead accusing the U.S. for breaching deal terms, signaling talks between the worlds top two economies have taken a turn for the worse. Trade frictions between Washington and Beijing have flared up after a hiatus following a meeting between U.S. Treasury … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prime Minister Sir Keir Starmer has been warned by British business that his vaunted industrial strategy, to be published this month, will be “fatally flawed” unless it deals comprehensively with the country’s very high energy … Read more
When it comes to portable power stations, EcoFlow stands as the industry benchmark. Their lineup is packed with innovative solutions but if you’re after the ultimate in power and versatility, the EcoFlow DELTA 2 Max is the model to beat. This powerhouse is currently available in a flash sale on Amazon, and the deal is … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Zoe has “never voted for Trump, and will never vote for anyone from his inner circle”, she said. But on a blustery Friday afternoon in West Mifflin, Pennsylvania, the 24-year-old student walked through … Read more
U.S. Defense Secretary Pete Hegseth reassured allies in the Indo-Pacific on Saturday that they will not be left alone to face increasing military and economic pressure from China, while insisting that they also contribute more to their own defense. He said Washington will bolster its defenses overseas to counter what the Pentagon sees as rapidly developing threats … Read more
Bitcoin fell 5% from its Thursday high after President Donald Trump accused China of violating the terms of a tariff truce from earlier this month. Trump took to Truth Social on Friday to assert that China was breaking the rules of a deal in which the two nations agreed to roll back most tariffs on … Read more
President Donald Trump will hold a rally Friday at a U.S. Steel plant near Pittsburgh, a week after signaling that he had cleared a controversial merger with Japan’s Nippon Steel. Trump is scheduled to deliver remarks at 5 p.m. ET at U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania, according to the White House. Investors … Read more
President Donald Trump said China is violating a deal struck with the U.S. earlier this month to lower their respective tariffs temporarily and de-escalate a trade war to let negotiations play out. U.S. Trade Representative Jamieson Greer, who helped clinch that agreement in Switzerland, said China is still restricting the flow of key minerals. U.S. … Read more
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