Tag: social media

South African central bank warns US protectionism may stop interest rate cuts if they turn out to be inflationary

Published on: January 21, 2025, 07:00 AM UTC

Trump's first day back at the White House doesn't include major action on his biggest economic initiative – tariffs. While experts warn that major trade action isn't necessarily off the table, Trump's initial move appears to have had the intended effect of averting market volatility.

Published on: January 20, 2025, 10:00 PM UTC

Bitcoin retreats from record high after Trump inauguration, as traders anticipate pro-crypto policy directions from Trump's executive orders.

Published on: January 20, 2025, 10:00 PM UTC

Statisticians often use scatterplots and linear regressions to analyze the relationship between two variables. However, correlation doesn't always imply causation, as this article demonstrates. It explores several examples where established correlations don't hold true in practice. Understanding the limitations of statistical analysis is crucial for informed decision-making, particularly in markets where intuition and data may not align.

Published on: January 20, 2025, 08:01 PM UTC

The dollar fell while crude prices recovered some losses after President Trump announced tariffs and tax changes. Energy, auto, and oil companies may benefit from the policy shift.

Published on: January 20, 2025, 08:00 PM UTC

Donald Trump's debt management as a real estate developer differs from the challenges he faces as president with the national debt. The public debt has grown to $36 trillion, raising concerns about refinancing options, federal bankruptcy, and rising borrowing costs. The debt ceiling and potential downgrades add further complications, while tax cuts and spending reductions may become more difficult to implement due to the size of the debt.

Published on: January 20, 2025, 06:01 PM UTC

Bitcoin surges to new record highs above $109,000 as Trump's presidency nears, buoyed by the launch of "TRUMP" and "MELANIA" meme coins and rising optimism for crypto-friendly policies.

Published on: January 20, 2025, 05:00 PM UTC

President Trump launches his own cryptocurrency, TRUMP, on January 18. The coin skyrocketed in value, climbing from pennies to over $50, with a market cap over $10 billion. The launch has raised concerns about centralization and security, with experts warning that the coin could become a target for cybercriminals.

Published on: January 20, 2025, 04:02 PM UTC

Spain allocates €150 million in subsidies for companies to enhance AI adoption and integration

Published on: January 20, 2025, 12:00 PM UTC

Trump's presidency coincides with a surge in national debt, from $20 trillion in 2017 to an anticipated $36 trillion in 2021. While refinancing or bankruptcy are not options, rising interest rates could signal market concerns about excessive borrowing. This could worsen the government's fiscal woes, potentially affecting borrowing limits, credit ratings, and legislation related to national debt.

Published on: January 20, 2025, 10:01 AM UTC