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Business/International/Latest News/UK

BoE’s Bailey Welcomes US Trade Deal, But Issues Tariff Warning After Cutting Interest Rates

Bank of England Governor Andrew Bailey offered a tempered endorsement of the newly announced US-UK trade deal, describing it as a positive development overall but cautioning that it still leaves most British

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by David Shepardson
May 9, 2025May 9, 2025
Business/Crypto/International/Latest News

Bitcoin Surges Past $103K as Analyst Ups Forecast to $200K by Year-End

Bitcoin has broken past the $100,000 mark for the first time since February, reigniting bullish sentiment across the crypto space and prompting a major analyst to revise his forecast upward. According to

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by Mary Davenport
May 9, 2025May 9, 2025
Business/International/Latest News

Trump Floats 80% Tariff on China Ahead of Crucial Trade Talks

Former U.S. President Donald Trump has proposed a new tariff rate of 80% on Chinese imports, offering his first concrete suggestion of a revised trade policy as officials prepare for high-stakes negotiations

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by David Shepardson
May 9, 2025May 9, 2025
Business/International/Latest News/UK

Bank of England Slashes Interest Rate Ahead of US Trade Deal

The Bank of England (BoE) has reduced its main interest rate by 0.25 percentage points to 4.25%, navigating a complex global economic landscape shaped in part by new tariffs from the United

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by Tim Ashour
May 8, 2025May 8, 2025
Business/International/Latest News/Tech

BYD Targets Global Expansion with Bold 2030 Sales Goal

China’s top carmaker, BYD, is setting its sights far beyond its home turf. The automaker aims to sell half of its vehicles outside China by the end of the decade, according to

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by Mary Davenport
May 8, 2025May 8, 2025
Business/Crypto/International/Latest News

Key Trump Adviser to Launch Crypto Investment Fund

David Bailey, CEO of BTC Inc. and a key crypto adviser to President Donald Trump, has raised $300 million to launch a new Bitcoin-focused investment firm named Nakamoto, according to recent reports.

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by David Shepardson
May 8, 2025May 8, 2025
Business/International/Latest News

China Launches Stimulus Package Ahead of Crucial U.S. Trade Talks as Bessent Meeting Confirmed

In a bid to counteract mounting economic pressures and prepare for key trade discussions, Chinese authorities unveiled a series of stimulus measures, including rate cuts and liquidity injections. Beijing Moves to Stabilize

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by David Shepardson
May 7, 2025May 7, 2025
Business/Crypto/International/Latest News

Bitcoin Rises Above $97,500 on Geopolitical Tensions Ahead of Fed Rate Decision

Bitcoin experienced a rapid shift in momentum on May 7 as market volatility surged due to fresh geopolitical developments and anticipation surrounding the Federal Reserve’s upcoming interest rate decision. Sudden Spike in

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by Mary Davenport
May 7, 2025May 7, 2025
Business/Crypto/International/Latest News

New Hampshire Becomes First State to Approve Crypto Reserve Bill

New Hampshire has made history by becoming the first U.S. state to create a state-level Bitcoin and Digital Asset Reserve Fund. Governor Kelly Ayotte signed House Bill 302 into law this week,

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by Mary Davenport
May 6, 2025May 6, 2025
Business/Crypto/International/Latest News

Florida Abandons State Bitcoin Reserve Bills Days After Arizona Veto

Efforts to create a state-level Bitcoin reserve in Florida have officially stalled. On May 3, the Florida Senate confirmed that both House Bill 487 and Senate Bill 550 had been “indefinitely postponed

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by David Shepardson
May 6, 2025May 6, 2025
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