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The U.S. GDP growth rate for Q4 2024 was 2.4%.
What do you think the GDP growth will be for Q1 2025?
If you're right, you could make at least 117% — not bad for a quick trade!
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What do you think the GDP growth will be for Q1 2025?
If you're right, you could make at least 117% — not bad for a quick trade!
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Home prices are falling in 11 major U.S. cities - the most widespread decline in over 19 months.
Cities like San Antonio, Oakland, and Jacksonville are leading this trend, with price drops of up to 3.7%
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Cities like San Antonio, Oakland, and Jacksonville are leading this trend, with price drops of up to 3.7%
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Trump stated that the US will not lower tariffs on China unless China offers something in return.
He also said that another pause in the trade war is unlikely.
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He also said that another pause in the trade war is unlikely.
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Trump Backs Congressional Stock Trading Ban — But Odds Remain Low
Trump said he would sign a law banning Congress members from trading stocks.
However, prediction markets currently price the odds of a ban passing in 2025 at just 7%.
Trump has voiced support for the idea several times before, but actual legislative momentum remains uncertain.
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Trump said he would sign a law banning Congress members from trading stocks.
However, prediction markets currently price the odds of a ban passing in 2025 at just 7%.
Trump has voiced support for the idea several times before, but actual legislative momentum remains uncertain.
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China Unveils Yuan Push Amid Escalating Trade War with US
China has launched an "Action Plan" to promote the yuan and its own payment system in global trade as tensions with the US intensify.
• Released by Shanghai’s municipal gov’t, China’s central bank, and top regulators
• Aims to make Shanghai a global financial hub and boost yuan usage, especially in the Global South
• Plans to expand and enhance CIPS, China’s cross-border payment system — a direct alternative to SWIFT
• The country will support fintech startups with overseas clients and push forward the Belt and Road Initiative
• The goal: reduce reliance on the dollar and mitigate risks from potential US financial restrictions
China’s message is clear — it’s building a parallel financial system, one yuan at a time.
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China has launched an "Action Plan" to promote the yuan and its own payment system in global trade as tensions with the US intensify.
• Released by Shanghai’s municipal gov’t, China’s central bank, and top regulators
• Aims to make Shanghai a global financial hub and boost yuan usage, especially in the Global South
• Plans to expand and enhance CIPS, China’s cross-border payment system — a direct alternative to SWIFT
• The country will support fintech startups with overseas clients and push forward the Belt and Road Initiative
• The goal: reduce reliance on the dollar and mitigate risks from potential US financial restrictions
China’s message is clear — it’s building a parallel financial system, one yuan at a time.
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Alphabet ($GOOGL) delivered a strong Q1, outperforming across key metrics and briefly reclaiming its spot above Bitcoin ($BTC) in market cap.
• EPS: $2.81 (vs. $2.01 expected)
• Operating income: $30.61B (vs. $28.86B)
• Revenue: $90.23B (vs. $89.1B)
• Google Cloud: $12.26B (just shy of $12.32B)
• Google Ads: $66.89B (vs. $66.39B)
A clean beat across the board — and now it’s on Bitcoin to pump if it wants to reclaim the lead.
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Marjorie Taylor Greene "buying the dip" is working
Back on 4/3, she bought shares of a small company called IMPINJ Inc $PI
Yesterday it reported earnings, popped 15% and she's now up 20% since buying the dip
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Back on 4/3, she bought shares of a small company called IMPINJ Inc $PI
Yesterday it reported earnings, popped 15% and she's now up 20% since buying the dip
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Forwarded from Startups & Ventures
• Unveiled a modular EV pickup called Blank Slate, starting under $20,000 post-tax credit
• Manual windows, no default infotainment screen, and no paint - fully customizable design
• Offers two battery options: 150 miles or 240 miles range
• 150kW rear motor, small size compared to rivals, and basic federally mandated safety features
• Over 100 accessories at launch, letting owners transform the vehicle from pickup to SUV
• DIY kits, wraps, and accessories via “Slate University” for non-gearheads
• Focus on cutting production costs by eliminating paint shops and embracing personalization
• Building factory in Indiana, focusing on domestic production and low overhead
• Targets a severely underserved low-cost EV segment
• Reverses the usual “high-end luxury EV first” approach seen with Rivian, Lucid, Fisker
• Bezos and other heavyweight backers provide financial firepower for scaling
• Could redefine how Americans think about EV ownership — affordable, modular, personal
In a market drowning in $70K EVs, Slate Auto is betting that cheap, customizable, and proudly analog is the real future of electric vehicles.
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This should illustrate why the central bank must be independent from government and be free from political influence.
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Forwarded from Crypto Insider
A senator from Georgia said Friday that the current U.S. president is trading access to himself for personal gain, calling the TRUMP memecoin investor dinner a crime worthy of impeachment.
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