Month: March 2025
Crypto payments company MoonPay looks to compete with Stripe with Iron stablecoin acquisition
MoonPay co-founder and CEO Ivan Soto-Wright at the Bitcoin 2022 conference in Miami. MoonPay Crypto payments giant MoonPay is expanding its push into the enterprise market with the acquisition of Iron, an API-first stablecoin infrastructure startup. This marks MoonPay’s second significant acquisition in two months, underscoring its ambition to dominate the rapidly growing stablecoin payments […]
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White House pulls Trump’s nomination for CDC director hours before confirmation hearing
Former Congressman Dave Weldon addresses a small crowd in The Villages, Fla. Brendan Farrington | AP The White House has pulled President Donald Trump’s nominee to lead the Centers for Disease Control and Prevention, former Rep. Dave Weldon, the Senate’s Health committee confirmed Thursday. The move came just hours before the former Florida lawmaker, a […]
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Russia plays hard ball over a ceasefire deal as U.S. officials head to Moscow
Russia’s President Vladimir Putin attends a meeting with his Belarusian counterpart Alexander Lukashenko at the Kremlin in Moscow, Russia, March 13, 2025. Maxim Shemetov | Reuters U.S. negotiators are in Moscow for Ukraine war ceasefire talks on Thursday, but Russia’s willingness to buy into the terms of a temporary truce devised without its input is […]
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U.S. tariffs could thrust Germany into recession, central bank governor says
The German parliament building, the Reichstag, which has been the seat of the Bundestag since 1999. Fhm | Moment | Getty Images U.S. tariffs could push Europe’s largest economy into a recession, German central bank President Joachim Nagel warned Thursday, as Berlin faces a debate over the potential overhaul of its fiscal policies. “Now we […]
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Women’s sports firm Monarch Collective ups fund size to $250 million
Billionaire-backed investment firm Monarch Collective has expanded the size of its fund in light of the continued surge in popularity of women’s sports. The fund, which launched in 2023 is expanding from $150 million to $250 million, with most of the additional capital coming from existing investors, which include Melina French Gates’ Pivotal Ventures, Hello […]
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One of Wall Street’s biggest bulls cuts his S&P 500 outlook, blaming Trump’s tariffs
Widely-followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation. “It has dawned on Wall Street (and us!) that President Trump’s tariffs aren’t negotiating chips to help the U.S. lower tariffs around the world, promoting free trade,” Yardeni said […]
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Stocks making the biggest moves premarket: Intel, Adobe, American Eagle Outfitters & more
Check out the companies making headlines before the bell. Intel – The stock jumped 10% after the company said it had appointed Lip-Bu Tan – who was previously the chief executive of software company Cadence Design Systems – as its new CEO. Tan is replacing interim co-CEOs David Zinsner and MJ Holthaus. UiPath – Shares […]
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Meta’s Community Notes will use open-source technology from Elon Musk’s X
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta’s upcoming Community Notes feature for monitoring misinformation through crowdsourcing will use some technology developed by Elon Musk’s X for its similar service. On Thursday, Meta revealed in a […]
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Dollar General store review and closures dent fourth-quarter earnings
A Dollar General store in Germantown, New York, on Nov. 30, 2023. Angus Mordant/Bloomberg via Getty Images Dollar General on Thursday reported fiscal fourth-quarter revenue that narrowly beat Wall Street estimates, while a store portfolio review cut into the chain’s profit. As part of the reevaluation, the dollar-store chain said it will close 96 Dollar General stores […]
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Counter-counter-tariffs? Trump threatens to hit back against EU’s retaliation
U.S. President Donald Trump points as he attends the annual Friends of Ireland luncheon hosted by U.S. House of Representatives Speaker Mike Johnson (R-LA) at the U.S. Capitol in Washington, D.C., U.S., March 12, 2025. Evelyn Hockstein | Reuters U.S. President Donald Trump threatened Wednesday to hit back against Europe’s own retaliatory move to Washington’s […]
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