In case you didn’t know, Bitcoin (CRYPTO: BTC) is back. The granddaddy of cryptocurrencies lost more than 70% of its value between November 2021 and November 2022. However, it’s nearly quadrupled since then. Could Bitcoin keep this momentum going? Ark Invest founder Cathie Wood thinks so. She expects the red-hot cryptocurrency to soar by more […]
By David Shepardson WASHINGTON (Reuters) -TikTok’s chief executive said on Wednesday that the company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban the popular short video app used by 170 million Americans. “Rest assured – we aren’t going anywhere,” CEO Shou Zi […]
By David Shepardson WASHINGTON (Reuters) -TikTok’s chief executive said on Wednesday that the company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban the popular short video app used by 170 million Americans. “Rest assured – we aren’t going anywhere,” CEO Shou Zi […]
Ralf Brandstätter, Member of the Board of Management at Volkswagen and Head of China Business, speaks at a press conference. VW announced its targets for the Chinese market in the run-up to the motor show in China. Johannes Neudecker/dpa Leaders of German automotive giant Volkswagen (VW) are expecting the next two years in the highly […]
The State is set to deliver a budget surplus this year of €8.6 billion, or 2.8 per cent of national income, in line with forecasts and allowing most excess cash to be invested in a new wealth fund, the Department of Finance said on Tuesday. The department estimated that inflation would average 2.1 per cent […]
Taiwan Semiconductor Manufacturing (NYSE: TSM) lowered its full-year outlook for the semiconductor industry on Thursday amid persistent macroeconomic and geopolitical uncertainty. The foundry market leader now expects a “more mild and gradual” recovery this year. While overall demand will be somewhat mixed, TSMC expects to churn out far more AI accelerators this year than it did […]
By David Brunnstrom WASHINGTON (Reuters) -The U.S. State Department said on Friday it fully expects to finalize new trade exemptions for the AUKUS defense project with Australia and Britain in the next 120 days, signaling a further delay in the move, but offering the prospect of a positive outcome in the project to counter China. […]
By David Brunnstrom and Michael Martina WASHINGTON (Reuters) -Japanese Prime Minister Fumio Kishida said on Tuesday he saw opportunities for more collaboration with the United States in next-generation computer chips. Kishida made the comment a day before a summit with U.S. President Joe Biden that will focus on boosting economic and defense ties to offset […]
GREEN BAY, Wis. (WFRV) – More than 36 hours later and some Green Bay residents are finally getting their power back. That nasty spring snowstorm on Tuesday night uprooted a tree in the Burns Avenue neighborhood on Green Bay’s westside. The tree tangling with powerlines as it crashed to the road, wiping out power for […]
Federal Reserve Chair Jay Powell doubled down Wednesday on his belief that inflation was on a “bumpy” path down to 2% and that central bank officials expect to lower rates at “some point” this year. Powell also once again asserted that the Fed would maintain its independence during this red-hot election year, noting that its […]
United Parcel Service (NYSE: UPS) has plans to emerge from its current funk, but the stock has been under pressure due to negative growth and an uncertain timeline for its turnaround. The package delivery giant gave a presentation to analysts on March 26, which included detailed insight into its three-year plan for reaching record revenue […]
United Parcel Service (NYSE: UPS) has plans to emerge from its current funk, but the stock has been under pressure due to negative growth and an uncertain timeline for its turnaround. The package delivery giant gave a presentation to analysts on March 26, which included detailed insight into its three-year plan for reaching record revenue […]