Economy Archives - Page 16 of 57

Trump Media builds billion bitcoin hoard as crypto swells president’s net worth

Economy

Trump Media holds $2 billion in bitcoin as crypto raises president’s net worth

Trump Media & Technology Group has discreetly acquired a substantial amount of bitcoin, presently possessing around $2 billion in this digital currency. This impressive collection of digital assets has played…

Irish government reveals how Apple tax windfall will be spent

Economy

Irish government unveils Apple tax windfall spending priorities

Claude Sophia Merlo Lookman

The Irish government has announced how it intends to allocate the multi-billion-euro tax settlement received from Apple, a long-disputed windfall that has drawn global attention. The funds, which stem from…

Ryanair mulls bigger bonus for spotting oversized bags

Economy

Ryanair considers increasing bonus for reporting oversized bags

Claude Sophia Merlo Lookman

Ryanair, the largest low-cost airline in Europe, is said to be considering modifications to its internal incentive program that may result in ground personnel earning larger bonuses for spotting passengers…

China blocks Wells Fargo banker from leaving due to 'criminal case'

Economy

China restricts Wells Fargo banker’s departure in ‘criminal case’

Claude Sophia Merlo Lookman

A senior banker from Wells Fargo has been prohibited from leaving mainland China as authorities pursue an investigation tied to an active criminal case. This development, confirmed by sources familiar…

Economy

Ryanair mulls bigger bonus for spotting oversized bags

Claude Sophia Merlo Lookman

Ryanair, the largest low-cost airline in Europe, is said to be considering modifications to its internal incentive program that may result in ground personnel earning larger bonuses for spotting passengers…

Powell defends .5 billion Fed renovation in a point-by-point response to the Trump administration

Economy

Powell defends $2.5 billion Fed renovation with detailed rebuttal to Trump administration

Claude Sophia Merlo Lookman

Federal Reserve Chair Jerome Powell has publicly defended the institution’s decision to move forward with a $2.5 billion renovation of its Washington, D.C. headquarters, offering a detailed rebuttal to concerns…

Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon

Economy

Chevron wins legal battle with Exxon, clears path for Hess acquisition

Claude Sophia Merlo Lookman

Chevron’s ambitious acquisition of Hess Corporation has officially received the green light, marking a major consolidation in the energy sector after overcoming a legal challenge brought by ExxonMobil. The resolution…

Retail sales jumped more than expected last month

Economy

Last month’s retail sales exceeded expectations

Claude Sophia Merlo Lookman

Last month, consumer expenditures witnessed an unforeseen increase, with retail sales climbing more considerably than analysts had anticipated. This rise indicates revived momentum within the retail industry, presenting cautious hope…

Economy

The Trump effect: Breaking Wall Street?

Claude Sophia Merlo Lookman

The intersection between politics and financial markets has always been complex, but former President Donald Trump’s return to the political spotlight is creating fresh waves across Wall Street. With his…