Trump Move There’s no denying it: Donald Trump’s presidency was a whirlwind of disruption, leaving a lasting imprint on the global stage. Whether you agree with his methods or not, the speed and scale of the changes he enacted were unlike anything seen in modern political history. From healthcare and education to trade and diplomacy, … Read more
The controversial carried interest tax loophole —a long-standing point of contention in U.S. tax policy—has once again come under scrutiny, this time reignited by President Donald Trump. Known for his unpredictable stances on tax reform, Trump has signaled his opposition to the preferential tax treatment of carried interest, calling it “unfair” and vowing to close … Read more
In a move that underscores the ongoing consolidation wave sweeping through Italy’s banking sector, BPER Banca, one of the country’s largest regional banks, has made a bold $4.5 billion bid to acquire a smaller rival. The proposed deal is part of a broader trend of mergers and acquisitions (M&A) aimed at strengthening balance sheets, cutting … Read more
In a bold move that has sent ripples through the investment world, billionaire activist investor Bill Ackman’s hedge fund, Pershing Square Holdings, has disclosed a massive $2.3 billion stake in Uber Technologies. The bet on the ride-hailing giant marks one of Ackman’s largest investments in recent years and signals his confidence in Uber’s long-term growth … Read more
In a dramatic turn of events, Nikola Corporation, the once high-flying hydrogen and electric truck startup, is reportedly on the brink of filing for bankruptcy. Once hailed as a pioneer in the clean energy transportation space, the company now faces mounting financial pressures, legal challenges, and dwindling investor confidence—a stark reminder of the volatile nature … Read more
In an era of heightened scrutiny over data privacy, national security, and foreign influence, the pharmaceutical and biotech industries are facing their own “DeepSeek moment.” Just as lawmakers have raised alarms about apps like DeepSeek due to concerns over foreign ownership and potential misuse of sensitive information, similar fears are now being directed at the … Read more
Ban on DeepSeek In a move highlighting growing concerns over data security and foreign technology, lawmakers are urging a ban on the use of the DeepSeek app on U.S. government devices. The push comes amid fears that the app, developed by a Chinese company, could pose risks to national security and compromise sensitive information. What … Read more
DOGE Controversy In a shocking turn of events, a senior staffer linked to the DOGE project has stepped down after racist and offensive social media posts came to light. The disclosures have ignited significant backlash, both within the crypto community and among the broader public. This incident has prompted critical discussions about accountability, transparency, and … Read more
Porsche Shares Investors in Porsche are feeling the heat after the luxury automaker issued a profit warning for 2025, sending its shares tumbling. The announcement has raised concerns about the company’s ability to maintain its profitability amid shifting market dynamics and rising costs. What’s Behind the Profit Warning? Porsche cited several challenges that could weigh … Read more
In a recent update on the economy, inflation has ticked up to 2.9%, meaning the cost of everyday goods and services is rising slightly. But when you dig a little deeper, it’s clear that the underlying trends—what economists call core inflation —aren’t showing the same level of urgency. This mixed bag of numbers leaves both … Read more