{
}
Devon Archer, Hunter Biden's ex-business partner, revealed that he met with former President Trump, who indicated he would grant Archer a pardon, claiming Archer was "screwed by the Bidens." Archer, who was convicted of defrauding a Native American tribe, expressed surprise at needing a pardon, stating he was a victim of financial fraud linked to Hunter Biden. He also discussed the Biden family's influence in business dealings, noting that Joe Biden would leverage personal favors in professional contexts.
Nick Denton expresses skepticism about Elon Musk's focus on Tesla, highlighting his financial bet against the company's stock due to concerns over its future sales compared to competitors like BYD. He emphasizes the importance of market reactions over personal opinions, criticizing vandalism against Tesla properties and advocating for expressing views through market actions instead. Denton admires a quote about the stock market's resilience and neutrality, viewing it as a reflection of broader economic prospects.
UBS has raised its price target for BAE from 1,600p to 2,450p, citing an anticipated increase in European defense spending, projected to reach 2.8% of GDP by 2030. The firm noted that BAE, despite underperforming compared to peers, remains a top-quality defense company with significant market potential. Analysts believe that changing investor perceptions and geopolitical factors will further boost defense budgets across Europe.
The SEC voted 4-1 to sue Elon Musk over late disclosures related to his Twitter share purchases, with acting head Mark Uyeda dissenting. Investigators examined whether Musk's late filing was intentional, which could have led to more severe charges, but ultimately did not allege intent. The lawsuit was filed on January 14, 2025, after failed settlement talks, raising questions about the timing and potential political motivations behind the case.
Democratic lawmakers, who previously championed electric vehicles, are now critical of Tesla and its CEO Elon Musk due to his ties with Donald Trump. This shift comes amid rising tensions as incidents of vandalism against Tesla vehicles are being investigated as potential domestic terrorism. Despite their past support for EV initiatives, some Democrats have expressed outrage over Trump's recent endorsement of Tesla, highlighting a growing divide within the party.
Oil prices have stabilized around $66 per barrel for WTI and $69 for Brent, following a 15% decline since mid-January. This consolidation reflects a tug-of-war between bullish hopes for a ceasefire in Ukraine and bearish pressures from potential OPEC+ production increases and upcoming tariffs that may dampen global growth. Technically, the $66-65 support level presents a favorable risk/reward ratio for a rebound, but a break below this zone could signal economic downturns, negatively impacting risky assets like equities.
The UAE has announced a $1.4 trillion investment framework in the US over the next decade, focusing on sectors like AI, infrastructure, and energy. Key projects include Emirates Global Aluminium's new smelter, which will nearly double US aluminium production, and a $25 billion initiative by ADQ and Energy Capital Partners for energy infrastructure. This move aims to strengthen economic ties and diversify the UAE's economy beyond oil.
President Trump announced a full pardon for Devon Archer, a former business partner of Hunter Biden, during the NCAA wrestling championships in Philadelphia. Archer, who faced legal troubles linked to a deal with Hunter, expressed gratitude for the pardon, highlighting the Biden family's disregard for truth and justice. This move comes as Archer's testimony has been pivotal in exposing alleged corruption involving the Biden family.
Senate Minority Leader Chuck Schumer defended his vote for a Republican spending bill to avert a government shutdown, asserting it was a principled decision to prevent greater harm from a shutdown, which he warned would empower Trump and Musk's Department of Government Efficiency. Despite backlash from within his party and calls for his resignation, Schumer emphasized the necessity of his vote to protect essential government services and avoid a situation where the executive branch could unilaterally determine what is deemed "essential." As tensions rise among Democrats, concerns about the party's direction and electability loom ahead of the 2026 midterms.
Treasury Secretary Scott Bessent has criticized the accuracy of GDP numbers, asserting that the Biden administration overlooked the real economic struggles faced by Americans. He emphasized the importance of addressing public sentiment over statistical data, as rising gas prices and grocery costs continue to strain household finances. Amidst a turbulent economic landscape and a trade war initiated by Trump, Bessent vowed to prioritize understanding the anxieties of the public in shaping economic policy.
Joe Biden
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Trump considers pardon for Hunter Biden's ex-partner amid ongoing investigations
04:17 25.03.2025
nick denton discusses betting against elon musk and the future of tesla
17:12 24.03.2025
ubs raises baes price target amid expected surge in european defense spending
British Pound Sterling
BAE Systems plc
Thales
Mbda
USA
GBR
Donald Trump
Elon Musk
Joe Biden
Show more
16:20 24.03.2025
sec votes to sue musk over late twitter share disclosure
United States Dollar
USA
Elon Musk
Gary Gensler
Donald Trump
Alex Spiro
Joe Biden
Michael Learmonth
Hester Peirce
Mark Uyeda
Howard Fischer
Robert Frenchman
Douglas Gillison
Show more
13:36 24.03.2025
democrats criticize tesla amid rising tensions over elon musk's politics
Tesla, Inc.
USA
Mark Kelly
Elon Musk
Donald Trump
Steve Milloy
Joe Biden
Elizabeth Warren
Tim Walz
Katherine Clark
Karoline Leavitt
Show more
12:00 24.03.2025
Oil prices stabilize at major support amid geopolitical tensions and OPEC plans
09:30 24.03.2025
UAE announces 1.4 trillion dollar investment plan in US over decade
United States Dollar
Energy Capital Partners LLC
Emirates Global Aluminium PJSC
ARE
USA
Mohammed bin Zayed Al Nahyan
Donald Trump
Joe Biden
JD Vance
Show more
06:40 24.03.2025
Trump grants full pardon to Hunter Biden whistleblower Devon Archer
Morgan Stanley
CHN
UKR
USA
Ronnie Abrams
Devon Archer
Tony Bobulinski
Gary Shapley
Joe Biden
Joe Ziegler
Scott Bessent
Hunter Biden
Jim Biden
Show more
04:38 24.03.2025
schumer defends controversial vote amid calls for leadership change in democrats
United States Dollar
Apple Inc.
Dogecoin USD
USA
Elon Musk
Angus King
Donald Trump
Gary Peters
Joe Biden
Jeanne Shaheen
Kristen Welker
Alexandria Ocasio-Cortez
Rand Paul
Dick Durbin
Brian Schatz
Chuck Schumer
John Fetterman
Maggie Hassan
Kirsten Gillibrand
Catherine Cortez Masto
Show more
17:23 23.03.2025
economic concerns overshadow gdp growth as americans feel financial strain
Chinese Yuan
Canadian Dollar
United States Dollar
CHN
USA
CAN
MEX
Scott Bessent
Donald Trump
Chamath Palihapitiya
David Friedberg
Joe Biden
Show more
15:11 23.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Global Financial Events
Finance Mergers & Acquisitions
Retail and Consumer Goods
Industry Mergers & Acquisitions
CEO Changes
Workplace Trends
Market Analysis and Predictions
Central Bank Actions
Global Trade Developments
Financial Scams and Security
Government Policies
GDP Growth & Recession Forecasts
Inflation and Monetary Impact
Supply Chain Management
Government Economic Policies
Startups & Entrepreneurship
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Barclays PLC
Bank of America Corporation
Apple Inc.
Deutsche Bank Money Market PP
Credit Suisse Lux Digital Healt
Citigroup Inc.
Wells Fargo & Company
UBS Group AG
BNP Paribas SA
Banco Santander, S.A.
Morgan Stanley
Lloyds Banking Group plc
Commerzbank AG
UniCredit S.p.A.
Huawei Technologies CO. Ltd.
SpaceXCoin USD
NVIDIA Corporation
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Japanese Yen
Indian Rupee
Australian Dollar
Russian Ruble
Danish Krone
Canadian Dollar
Mexican Peso
United Arab Emirates Dirham
South Korean Won
Offshore Chinese Yuan
Hong Kong Dollar
Indonesian Rupiah
Saudi Riyal
Turkish Lira
Malaysian Ringgit
People: