September 5, 2025
Whales lose millions on Trump-linked WLFI’s 40% dip
Big crypto investors, or whales, were suffering millions in losses on the Trump family-linked World Liberty Financial token, which continued to decline despite a proposal to reduce the circulating supply.
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September 5, 2025
GM cuts output, delays work at major EV factories
General Motors is cutting output at one of its main electric-vehicle factories, the latest automaker to pull back on EVs as U.S. President Donald Trump’s administration yanks federal support for green cars.
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September 5, 2025
Wall Street indexes rise as data keeps rate cut views intact
The three major U.S. stock indexes were higher as labor market data did not change expectations for an interest rate cut by the Federal Reserve this month. Shares of chip company Broadcom, considered a key artificial intelligence player, were up 1.2% ahead of its quarterly results
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September 4, 2025
KuCoin targets 10% of Dogecoin mining capacity
KuCoin cryptocurrency exchange is aiming to capture 10% of the blockchain mining capacity behind the world’s largest memecoin, the Dogecoin network, through the launch of a new cloud mining platform.
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September 4, 2025
US job openings drop, hiring remains tepid
U.S. job openings fell to a 10-month low in July and there were more unemployed people than positions available for the first time since the COVID-19 pandemic, data consistent with easing labor market conditions and supporting expectations the Federal Reserve would cut interest rates this month.
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September 4, 2025
Oil settles down ahead of OPEC+ meeting
Oil prices settled down more than 2% ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October. The prospect of OPEC+ raising oil production has increased ahead of the meeting.
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