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Major oil companies express hesitation about investing in Venezuela's oil sector, seeking White House clarity on risks amid shifting US foreign policy and the country's economic instability.
Dive into the adrenaline-fueled world of high-frequency trading. Discover the risks, rewards, and technological marvels driving today's financial markets.
Nicolai Tangen runs Norway's trillion-dollar wealth fund, but his fame comes from the 'In Good Company' podcast, where he interviews top CEOs and investors.
President Trump has ordered Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds. The move aims to inject liquidity into the housing market and lower borrowing costs during the ongoing economic downturn.
Cambodia has extradited a suspect to China accused of leading a massive cryptocurrency fraud through the Prince Group. The case highlights growing international efforts to combat cross-border cybercrime.
General Motors has booked a massive $7.1 billion loss, driven by a strategic pivot away from its aggressive electric vehicle goals. The company is delaying several EV launches.
Polymarket has refused to honor payouts for users who bet on a U.S. invasion of Venezuela. The platform determined the contract conditions were not met, sparking debate over resolution criteria.
Former President Donald Trump has announced that he has finalized his decision regarding his nominee for the next Federal Reserve chair, a critical economic appointment with significant implications for interest rates and financial policy.
Apple's senior vice president of hardware engineering, John Ternus, has emerged as the leading internal candidate to succeed Tim Cook as CEO. The 50-year-old engineer has earned respect throughout the company for his collaborative leadership style and deep technical expertise.
The IRS has scaled back audits of private equity and venture capital firms under the Trump administration, shifting resources away from complex Wall Street examinations amid debate over tax fairness and revenue impact.
Chinese regulators have initiated an antitrust investigation into Meta's recent acquisition of Manus AI, a Beijing-based artificial intelligence startup. The probe examines potential monopolistic practices and national security implications amid heightened US-China tech tensions.
The U.S. trade deficit shrank to $40.1 billion in the latest data, the smallest gap since 2009. A rise in exports, especially energy, and a drop in imports drove the improvement.