Although Elon Musk attracts most of the headlines, the US Cabinet is full of other wealthy individuals who have significant investments in tech, crypto and pharmaceuticals, to name just a few sectors
Elon Musk is hoping to stem the decline, worsened by disappointing 2024 results, with his new autonomous car service
The tycoon is turning his attention to Europe, where he is trying out alliances with far-right leaders and meddling in domestic politics in ways that could benefit his corporate interests in the continent
The British Wall Street expert is optimistic, saying that ‘for the US economy, there’s nothing to really stop the current momentum’
The possibility that the Republican could disrupt currencies or the stock markets with his unpredictable messages is forcing traders to pay close attention
The leading cryptocurrency is enjoying its best moment, having overcome price crashes, platform bankruptcies, and relentless criticism
Shares in GEO Group and CoreCivic, the two largest publicly traded US prison groups, are rising sharply on the prospect of an increase in the penitentiary population and the number of migrants detained under the Republican administration
Bhutan is hoarding bitcoins as abundant and cheap electricity turn this remote and peaceful Buddhist corner of South Asia into the surprise epicenter of digital currency mining
Private prison operators, arms manufacturers and others who stand to gain from a Republican win in November have sustained stock market losses even as the Democratic candidate rises in the polls
According to experts, valuations of tech companies, interest rate developments and corporate earnings are overshadowing political risks on investors’ list of concerns
Once a semiconductor market leader, the company has fallen behind the competition and is now worth 12 times less than Nvidia
The most popular cryptocurrency has doubled in price over the last year. Regulatory changes in the U.S. and the foreseeable drop in interest rates have boosted its performance. Young investors tend to be attracted to Bitcoin, often unaware of the risks they’re taking
The impact on inflation still seems limited, and major stock shortages are not expected, but experts and those affected agree that the length of the conflict will be key
The situation of Chinese real estate and inflation will also continue to be in the eye of the hurricane next year
The resignation of the Binance founder following anti-money laundering charges puts an end to the era of charismatic leaders who staked his future on bitcoin
The AI chip leader closed the year as the best-performing stock on the S&P 500 index, with a revaluation of more than 200%
Do Kwon (TerraLuna), Sam Bankman-Fried (FTX) and Changpeng Zhao (Binance) — once rising stars in the crypto sector — have left their leadership positions amid accusations of illegal practices
The president of CAF-Development Bank of Latin America and the Caribbean, Sergio Díaz-Granados, believes that this week’s upcoming meeting of government officials from both blocs ‘will be an opportunity of historic significance’
The Public Investment Fund — Saudi Arabia’s sovereign wealth fund — is the vehicle that the Arab country utilizes to gain a foothold in multiple companies and diversify its income beyond oil
State officials are celebrating the biggest funding drive from households in the small country’s history. Lenders saw clients massively withdraw money from deposits that barely generate any profits at a time of high inflation
The clash between Beijing and Washington, the rise in Chinese wages and the fallout from strict Covid lockdowns prompts companies to diversify production in countries such as Vietnam, Thailand and India
The Asian giant is facing an uncertain economic climate due to defaults by real estate and financial companies
Giorgia Meloni, Liz Truss and others find that capital markets can be more powerful than opposition parties
The fund’s co-founder is now the father of impact investing, which drives greater social and environmental commitment from companies
Sovereign wealth funds from the Persian Gulf, investment banks and venture capital giants are redoubling their investment commitments. These groups are searching for profitability, legitimacy and fame through competitive sports
Taiwan’s TSMC, South Korea’s Samsung and U.S.-based Nvidia are leaders in a strategic sector where commercial and geopolitical interests overlap
The rapid rise in the cost of living in African cities is another striking feature of this year’s ranking by the consulting group Mercer