Financial News, Advice & Market Insights
Elon Musk’s artificial intelligence company, xAI, has acquired the social media platform X (formerly known as Twitter) in an all-stock transaction valued at $45 billion, including $12 billion in debt.
Recent reports indicate a significant decline in U.S. consumer confidence, reaching its lowest point in over four years.
On Friday, March 28, 2025, U.S. stock markets experienced significant declines due to escalating trade tensions and persistent inflation concerns.
As the April 3 implementation date for the 25% tariffs on imported vehicles approaches, U.S. consumers are rushing to dealerships to purchase cars before anticipated price increases take effect.
More Articles
- Can the EU keep up with Trump in a trade war?
While the US president fires off social media posts increasing tariffs, the bloc has to overcome political divisions to retaliate
- Carney warns of ‘rupture’ to global order as Trump rattles allies
Canadian leader calls on ‘middle powers’ to unite as Davos braces for US president’s arrival
- Gold hits record as Trump heads to Davos for Greenland talks
President en route to World Economic Forum in new plane after electrical problems forced Air Force One to turn back
- Japan’s Takaichi vs the bond markets: investors place their bets
Prime minister has vowed ‘responsible fiscal expansion’ as she heads for an election but needs to convince debt managers
- Nestlé chief blames Trump for company going quiet on sustainability
Philipp Navratil tells staff that ESG has ‘gone off the agenda’ for US investors since president’s re-election
- Novogratz’s Galaxy to launch $100mn crypto hedge fund
Billionaire’s firm plans portfolio to profit from rising and falling prices, following sharp sell-off in digital assets sector
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