Former President Donald Trump announced on Truth Social that “great progress” had been achieved in recent trade negotiations between the U.S. and China. The discussions took place over the weekend in Geneva, Switzerland, and included U.S. Treasury Secretary Scott Bessent and a Chinese delegation. Trump described the talks as productive and characterized the emerging agreement…
Category: News
China’s Car Sales Climb 15% in April as NEVs Surge Despite Export and Safety Setbacks
China’s car market experienced a significant boost in April, with passenger vehicle sales rising 14.8% year-on-year, marking the third consecutive month of growth. According to the China Passenger Car Association (CPCA), sales reached 1.78 million units in April alone. Over the first four months of 2025, total car sales climbed 8.2% to 6.97 million units,…
Mounting Outages and Flight Chaos Shake Confidence at Newark Airport as FAA Steps In
Travelers at Newark Liberty International Airport have grown increasingly alarmed due to a series of operational issues, most notably two recent communications outages between pilots and air traffic controllers. These outages, occurring within a span of less than 30 days, have shaken passenger confidence and intensified scrutiny of airport safety. Newark, one of the busiest…
Putin Proposes Peace Talks as Zelenskyy Insists on Ceasefire and Global Leaders Push for Diplomacy
Russian President Vladimir Putin, on Sunday, proposed direct talks with Ukraine to bring an end to the ongoing war that began with Russia’s 2022 invasion. In a televised statement, Putin called for negotiations in Istanbul, Turkey, emphasizing that they must take place without preconditions, with the ultimate goal of establishing lasting peace. He outlined his…
Markets Flash Red as Trump’s Trade Turbulence, Global Tensions, and Legal Shocks Deepen Investor Anxiety
The Bloomberg Intelligence Equity Market Regime Model has shifted into its “red” zone, historically indicating poor return prospects for the S&P 500. This transition occurred in March and April, aligning with former President Donald Trump’s erratic tariff policies, which disrupted markets and cast a shadow on corporate profit expectations. Previous occurrences of this red zone…
Ken Griffin Slams Trump Tariffs as Regressive, Warns of Inflation and Economic Reputational Damage
Billionaire investor Ken Griffin, founder and CEO of Citadel, criticized President Donald Trump’s tariffs, warning they would disproportionately hurt working-class Americans. Speaking on CNBC’s Closing Bell Overtime, Griffin likened the tariffs to a regressive sales tax, arguing they target the very people struggling most to make ends meet. He emphasized that the financial burden would…
Gold Eyes a Digital Makeover as DeFi Pushes the Safe Haven Toward Yield and 24/7 Liquidity
In a year marked by significant financial volatility, investors have been navigating a turbulent landscape where stocks have fluctuated wildly, cryptocurrencies have remained indecisive, and gold has surged as the go-to safe haven. Risk-averse investors have fled from traditional and speculative assets, turning to the stability and historical security of gold. Despite this renewed interest,…
Trump Hails ‘Total Reset’ as U.S.-China Trade Talks Continue Amid Tariff Crossfire and Economic Tensions
Former President Donald Trump announced on Truth Social that “great progress” had been achieved during ongoing trade negotiations between the United States and China over the weekend. The talks, held in Geneva, involved U.S. officials, including Treasury Secretary Scott Bessent, and their Chinese counterparts. According to Trump, many topics were covered, and there was agreement…
Betting Markets Miss the Mark as Pope Leo XIV’s Surprise Election Defies Prediction Logic
This week, the election of Robert Prevost, a Chicago native, as the first American pope, Pope Leo XIV, caught many by surprise. Online betting sites, such as Polymarket and Kalshi, which specialize in prediction markets, were among those caught off guard. These platforms allow people to place wagers on the outcomes of various events, with…
Newark Radar Outage Sparks Renewed Alarm Over Fragile Air Traffic Systems and FAA Oversight
Early Friday morning, air traffic controllers managing flights at Newark Liberty International Airport experienced a significant disruption. The Federal Aviation Administration (FAA) confirmed that at 3:55 a.m., a telecommunications outage caused a loss of radar and communications for about 90 seconds. This blackout originated at Philadelphia TRACON Area C, which oversees aircraft in and out…