Elon Musk has played down the achievements of the Department of Government Efficiency (DOGE), the cost-cutting initiative he headed for US President Donald Trump, saying the unit managed only limited gains before it folded. Speaking on a podcast with former Trump official Katie Miller on Tuesday (local time), the Tesla chief said the experience is…
GameStop’s (GME) bitcoin stack was worth $519.4 million at the end of the third quarter (Nov. 1), with the company recording a $9.2 million loss digital asset holdings during the period. Bitcoin BTC$92,418.95 fell from roughly $115,000 to about $110,000 during the three months ended Nov. 1. The video game retailer likely continued to hold…
US stock market today: US equities showed little movement Wednesday morning as investors awaited the Federal Reserve’s policy announcement. S&P 500 edged down 0.1% but stayed close to its record levels, while the Dow Jones Industrial Average remained unchanged and the Nasdaq fell 0.3%. Treasury yields also showed little change as traders prepared for the…
NEW DELHI: Goa investigators said brothers Saurabh Luthra and Gaurav Luthra booked tickets to Phuket at 1:17 a.m. on December 7, shortly after the fire broke out at Birch by Romeo Lane in Arpora, North Goa. At that moment, police and local authorities were battling the flames and trying to rescue trapped staff members.By 5.30…
SpaceX is working toward a stock-market listing that could value the company at around $1.5 trillion, making it the biggest public market offering by that metric, according to Bloomberg. If that happens, investors won’t just be buying into rockets and satellites. They’ll also be buying into a company that holds thousands of bitcoin and has…
Explore Dubai Free Zones for 100% foreign ownership, tax advantages, and multi zone operations with the Free Zone passport/Representative Image Dubai has become one of the world’s most attractive destinations for entrepreneurs and investors. Its network of Free Zones offers a simple, tax-friendly, and fully foreign owned business environment, making it easier than ever for…
In 2024-25, the US maintained its position as India’s principal trading partner for the fourth year running. (AI image) India-US trade deal: Commerce and Industry minister Piyush Goyal on Wednesday shared an important update on the ongoing India-US trade deal talks. The US team is in Delhi this week for another round of discussions on…
Nvidia has developed a location verification feature for its chips, aiming to help prevent its advanced artificial intelligence processors from being smuggled into countries where exports are restricted, reported Reuters, citing people familiar with the matterThe move comes amid growing pressure in the United States to tighten oversight of high-end AI hardware. Lawmakers and the…
Maharashtra MLA dressed as leopard NEW DELHI: A Maharastra MLA on Wednesday chose a unique way to present his stance in the state legislative assembly. Sharad Sonawane, the MLA from Junnar, arrived at the Maharashtra legislature dressed in a leopard-print outfit to protest the rising number of leopard-related incidents across the state.His demonstration came hours…
President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer. “We’re going to be looking at a couple different people, but I have a pretty good idea of who I want,” Trump said Tuesday night aboard…
