The US government is considering taking a stake in Intel using Chips Act funds, boosting the company’s share price. Talks follow recent tensions between the president and Intel’s chief executive. No deal has been confirmed, and the White House calls the reports speculative. The move could expand state involvement in technology.
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Coinbase has appointed Democratic strategist David Plouffe to its advisory council, deepening its bipartisan political strategy amid expanding crypto lobbying efforts. The move follows record industry spending and
U.S. crude oil production is expected to fall in late 2025 and into 2026, marking the first annual drop since the pandemic. Lower rig counts, weaker prices, rising
JPMorgan CEO Jamie Dimon has criticised internal meetings as hubs of inefficiency and political manoeuvring. Speaking at a financial conference, he called for sharper, outcome-driven practices, urging staff
Tesla shares fell 14.2 per cent after Elon Musk criticised Donald Trump’s fiscal policies, prompting threats to cut subsidies. The political fallout erased $150 billion in market value
Elon Musk has sharply criticised Donald Trump’s proposed tax bill, calling it a “disgusting abomination.” The legislation, which increases defence spending and cuts social programmes, faces opposition in
The OECD has lowered its global GDP forecast to 2.9% for both 2025 and 2026, citing U.S. tariffs and weakening investment. Growth estimates for the U.S., UK, and
A U.S. federal court has struck down President Trump’s global tariffs, ruling they exceed the limits of the International Emergency Economic Powers Act. The administration has appealed, insisting
The Bank of Korea has reduced its key interest rate to 2.5% amid slowing growth and global trade pressures. The move comes days before a contentious presidential election,
Elon Musk has stepped down from his advisory role in the Trump administration after criticising a major tax and spending bill. His departure ends a 130-day tenure focused
Poland’s public deficit hit 6.6% of GDP in 2024, driven by defence and social spending. Rising debt, polarised politics, and stalled reforms have raised concerns among ratings agencies
