The United States imposes sanctions on Kaspersky Lab leaders The recent action taken against the Russia-based cybersecurity firm The United States unveiled sanctions Friday against 12 top leaders of the Russia-based cybersecurity firm Kaspersky Lab, a day after banning the sale of its popular antivirus software on national security grounds. The widespread sanctions target many…
Is the US Economy Really Not in Recession? US Treasury Secretary Yellen’s Positive Outlook Yellen’s Recent Statements on the US Economy US Treasury Secretary Yellen spoke over the weekend on NBC’s “Meet the Press”, stating that “this is not an economy that is in recession”. She emphasized that there are no signs of a broad-based…
General Motors Reports Full-Year 2024 Financial Results Detroit, MI – January 28, 2025 – General Motors (GM) released its financial report for the year ended December 31, 2024. The automotive giant reported a net income attributable to shareholders of $6.0 billion for the full year, marking a significant decrease from the $10.2 billion reported in…
A Reflection on Market Volatility: A Rollercoaster Ride for Investors The Rollercoaster Ride Continues In the first half of Wednesday’s session, we have seen a slight recovery in global indices and futures from their overnight lows, providing a calmer backdrop in the FX space after currency volatility rose on Tuesday as US markets resumed trading…
Breaking News: $1.6 million USDC Used to Purchase LIBRA Pre-Launch The Big Purchase Recently, a whopping $1.6 million USDC was transferred to purchase LIBRA before its official launch. This unprecedented move has sparked a great deal of interest and speculation within the financial community. What is LIBRA? LIBRA is a new digital currency that aims…
Goldshore Resources Announces New Assay Results from Ongoing Drill Program at Moss Gold Project Goldshore Resources Inc. (GSHR, GSHRF, 8X00), a Canadian gold exploration company, recently announced the latest assay results from its ongoing 15,000-meter drill program at the Moss Gold Project located in Northwest Ontario, Canada. The Moss Gold Project is a promising site…
Molecular Partners AG Q4 2024 Earnings Conference Call: Key Points On March 7, 2025, Molecular Partners AG (NASDAQ: MOLN) held its Fourth Quarter and Full Year 2024 Results Call. The following points were discussed during the call: Company Participants Michael Tobias Stumpp – EVP Projects Patrick Amstutz – Co-Founder & CEO Philippe Legenne – Chief…
Trump’s Trade Tariffs: A New Round of Tensions with China and Its Global Impact The financial markets have been on a rollercoaster ride lately due to the ongoing trade tensions between the United States and China. Following President Donald Trump’s announcement of an additional 10% tariff on $200 billion worth of Chinese imports earlier this…
