Saturday, October 10

    IBN

    President Donald Trump is ending the Biden-era electric vehicle mandates, announcing revised mileage standards that he says will make new cars cheaper to buy. Manufacturers, he contends, will respond by building more vehicles in American factories.

    Bitget temporarily suspended customer withdrawals after detecting the unauthorized movement of approximately $351.6 million in cryptocurrency. The exchange said the incident did not affect the balances displayed in customer accounts and that it would use its own protection reserves to

    China and the U.S. have reached an agreement to lower tariffs on roughly $30 billion worth of products while establishing a new channel for discussions on AI, according to statements from both governments.

    Gold is displaying unusual strength despite a combination of market conditions that would traditionally be expected to weigh heavily on its price. The greenback has strengthened, the Fed remains restrictive, and the 10-year Treasury yield has climbed toward 5.2%, a

    Surging health insurance costs have compelled even healthcare workers to stop getting coverage not only for themselves but also for their staff at private facilities. Premiums climbed 78% between 2011 and 2024, a JAMA study shows.

    Power generating stations built onto ships and barges are emerging as a dependable electricity source for islands, harbor towns and crowded cities that have little room to spare. Backers say the vessels sidestep the complaints about space and scenery that

    Latest News

    Global equity markets experienced a notable resurgence as investors returned to riskier assets at the end of the trading week. Financial data confirmed that US and European stocks close higher as bond yields ease, reversing a downward trend triggered by

    Surging demand for artificial intelligence infrastructure prompted the World Trade Organization to raise its 2026 global merchandise trade growth projection to 3.9 percent. The latest Global Trade Outlook and Statistics report highlights that multinational enterprise spending on intelligent computing hardware

    Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It