Bitcoin surges past 7,000 on hopes for US strategic reserve

Bitcoin surges past $107,000 on hopes for US strategic reserve

Bitcoin’s record rally topped $107,000 after United States President-elect Donald Trump reiterated that he plans to create a US Bitcoin strategic reserve similar to the country’s strategic oil reserve, stoking the enthusiasm of crypto bulls. Bitcoin, the world’s biggest and best-known cryptocurrency, extended gains to a session high of $107,148 and was most recently at…

Trump sues Des Moines Register newspaper, claiming ‘election interference’

Trump sues Des Moines Register newspaper, claiming ‘election interference’

United States President-elect Donald Trump has filed a lawsuit accusing a newspaper and a polling firm of engaging in “brazen election interference” by publishing a pre-election survey that underestimated his popularity. The lawsuit filed late on Monday accuses The Des Moines Register newspaper, its parent company Gannett and pollster Ann Selzer of intentionally downplaying Trump’s…

US Fed cuts interest rates but cautions for year ahead

US Fed cuts interest rates but cautions for year ahead

The United States Federal Reserve has cut interest rates but signalled it will slow the pace at which borrowing costs fall any further, given a relatively stable unemployment rate and little recent improvement in inflation. “Economic activity has continued to expand at a solid pace” with an unemployment rate that “remains low” and inflation that…

Facing government shutdown, Trump and Republican allies scuttle budget bill

Facing government shutdown, Trump and Republican allies scuttle budget bill

With only days to spare until funds run out, President-elect Donald Trump and his allies have pressured Republicans in the United States to ditch a short-term spending bill designed to avert a government shutdown. The United States Congress faces a Friday deadline to pass a budget for the 2025 fiscal year, or else face the…

Amazon workers to strike in US during busy Christmas season

Amazon workers to strike in US during busy Christmas season

Thousands of Amazon employees in the United States are set to go on strike during the busy Christmas period after union officials accused the retailer of refusing to enter negotiations for better pay and conditions. The Teamsters union said on Wednesday that warehouse workers would join the picket line in cities including New York, Atlanta…

Why Bentley Owes Its Existence Today to the Sultan of Brunei

Why Bentley Owes Its Existence Today to the Sultan of Brunei

An exclusive glimpse into the lavish world of Brunei’s royalty has revealed a mind-boggling collection of custom luxury cars, including Bentleys, Rolls-Royces, and an astonishing fleet of McLaren F1s. A recent leak showcasing the Bolkiah brothers’ private car collection has sent shockwaves through social media, with images circulating widely on Instagram. Descriptions of the vehicles…