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Trump 2.0 Off to a Rocky Start for Wall Street

January was not the boom month Wall Street anticipated under Trump 2.0. Dealmaking slowed, tax breaks for hedge funds/private equity firms are threatened, and big banks face scrutiny over "debanking" customers.

Crypto platform BestChange blocked in Russia; seeks central bank help

Cryptocurrency exchange platform BestChange's website has been blocked by Russia's communications watchdog Roskomnadzor. The platform is unsure why the ban was imposed, but is in contact with the central bank to try to lift it.

CATL reopens lithium mine in China, weighs on prices

Chinese battery giant CATL reopens Jiangxi lithium mine and refinery, aiming to exceed 3,000 tons of lithium carbonate production per month.

Requirements for a Home Equity Loan: What You Need to Know

Qualifying for a home equity loan requires: Sufficient home equity (usually 15-20%), good credit (680+ score), low debt-to-income ratio (typically 43% or less), proof of income, homeowners insurance, and a home appraisal.

Major US Pipeline Operator to Supply Natural Gas to CloudBurst Data Center

Energy Transfer and CloudBurst Data Centers Sign Long-Term Natural Gas Supply Agreement for Central Texas Data Center

Nvidia's Stumbles: Concerns Linger Ahead of Earnings

Nvidia (NVDA) stock has underperformed the market this year due to concerns about competition and slowing AI demand. However, analysts remain bullish, citing the company's strong ecosystem and leadership in AI chips.

China Scales Back Renewable Energy Subsidies, Exceeding 2030 Target

China's National Development and Reform Commission announces plans to scale back subsidies for renewable energy projects, including solar and wind power installations, after a surge in capacity.

GM-Jack Cooper Relationship Implodes, Cars Not Loaded

General Motors and Jack Cooper's partnership is in jeopardy after GM stopped providing Jack Cooper with vehicles to transport due to a contract breach.

Big Tech's AI Spending Spree: $325B Bet on AI Infrastructure

Meta, Microsoft, Amazon, and Alphabet plan to invest $325 billion in AI infrastructure by 2025, driven by ongoing commitments to AI investment despite concerns over timelines and revenue generation.

U.S. Jobs Growth Likely Slowed in January Amid Wildfires, Cold

The U.S. Department of Labor's closely watched January employment report is expected to show a slowdown in job growth, partly due to wildfires in California and cold weather. Despite the expected decline, the unemployment rate is forecast to remain low at 4.1%, with solid wage growth. The report will also include annual benchmark revisions, new population weights, and updates to seasonal adjustment factors.