Category: Business

This is a segment from The Breakdown newsletter. To read more editions, subscribe. “I wish upon you ample doses of pain and suffering.” — Jensen Huang, on building resiliency The history of the world’s most valuable company is a study in how improbable its survival was, let alone its success. In The Nvidia Way, Tae

US President Donald Trump has announced a 50% tariff on Brazilian imports, escalating tensions after a week of diplomatic strain. The new tariff will take effect on August 1. The announcement came through Trump’s social media channels in a formal letter addressed to Brazilian President Luiz Inácio Lula da Silva. In the letter, Trump cited

The recently released FOMC minutes reveal a cautious stance by the Federal Reserve as global trade tensions reach a fervent pitch. Participants say Trump tariffs are triggering new inflationary concerns, requiring a tentative approach toward interest rate cuts.

Publicly traded social media marketing tech company Thumzup is exploring expanding its corporate treasury holdings beyond Bitcoin, considering whether to add other leading cryptocurrencies like Dogecoin (DOGE), Solana (SOL), the Ripple-linked XRP, and Ethereum (ETH).  The Los Angeles-based firm received approval from its board on Wednesday to begin evaluating the potential upside of adding at

The minutes containing the details of the FED’s interest rate decision meeting in June were shared with the public. Here are all the details from the FED minutes: All participants thought it appropriate to keep the federal funds rate within its current target range. Several participants noted that the current federal funds rate may not

Ahead of the incoming FOMC meeting in July, US President Donald Trump has reiterated the calls for a Fed rate cut. This time, the US President is pushing for a 300-basis-point cut to prevent steep economic losses, hinging his argument on falling inflation metrics.

Over half of investors that Russia considers qualified enough to assign money into crypto assets have already purchased cryptocurrencies, a new survey shows. Most of those who haven’t tried it yet would like to do so in the future, according to the poll that also found that they prefer to convert Russian rubles into digital

The landscape of cryptocurrency taxation is constantly evolving, and for businesses operating within the digital asset realm, clarity is paramount. A significant development from the Ministry of Economy and Finance (MOEF) in South Korea is set to reshape how companies approach their tax obligations. This crucial clarification regarding South Korea crypto tax specifically addresses the

Pakistan’s central bank, the State Bank of Pakistan (SBP), has announced plans to launch a pilot for a central bank digital currency (CBDC) as part of its ongoing efforts to modernize the country’s financial system.