Trump Threatens EU With New Tariffs
Donald Trump is setting his sights on the other side of the Atlantic, suggesting on Sunday that he would impose new tariffs on European imports — just a day before pausing similar actions against Canada and Mexico. The EU recorded a $156 billion goods surplus with the United States in 2023, part of the US’ […]
Trump Wants Aid-for-Minerals Deal With Ukraine
President Donald Trump has proposed exchanging US aid to Ukraine for access to its rare earth minerals on Monday. “We’re looking to do a deal with Ukraine, where they’re going to secure what we’re giving them with their rare earths and other things,” Trump said at the White House during an executive order signing ceremony. […]
Trump Signs Order To Have The “Biggest” Sovereign Wealth Fund
President Donald Trump signed an executive order directing Treasury Secretary Scott Bessent and Commerce Secretary-designate Howard Lutnick to develop a blueprint for a sovereign wealth fund. Trump expressed optimism that such a fund could become one of the world’s largest, citing examples like Saudi Arabia’s Public Investment Fund—currently valued at approximately $925 billion—and Norway’s Government […]
Canadian MP Calls for McKinsey Ban Over US Tariff Analysis
McKinsey & Company faces renewed calls for its exclusion from Canadian government contracts after producing an analysis supporting US tariffs against Canada. The US White House cited McKinsey’s 2024 analysis claiming tariffs would strengthen the American economy by reducing competition for US producers. The analysis supported imposing 25% tariffs on Canadian goods and 10% on […]
Federal Employee Unions Sue to Block DOGE Access to Treasury Data
Three federal employee unions filed a lawsuit against the US Treasury on Monday, seeking to block the department from sharing confidential data with Elon Musk’s Department of Government Efficiency as concerns over privacy breaches escalate. The lawsuit alleges Treasury Secretary Scott Bessent granted DOGE representatives access to sensitive systems at the Bureau of the Fiscal […]
Bitcoin Price Slips After MicroStrategy Halts Buying Spree
After snapping up bitcoin almost weekly for three months, MicroStrategy (NASDAQ: MSTR) abruptly paused its purchases in late January—which coincided with a noticeable dip in the coin’s price. In a post, co-founder and executive chairman Michael Saylor confirmed that between January 27 and February 2, MicroStrategy refrained from purchasing any new Bitcoin and did not […]
Spotify Shares Surge On 2024 Financials, Reports First Full-Year Profit
Spotify (NYSE: SPOT) reported its financials for Q4 and full-year 2024, posting quarterly revenue of €4.24 billion, representing a 16% increase from €3.67 billion in the same period of 2023 and a 6% rise over €3.99 billion in the prior quarter. Cost of revenue climbed to €2.87 billion from €2.69 billion a year earlier and […]
February Gold Deliveries Already More Than Twice Last Month’s
Gold deliveries at the COMEX have reportedly soared to record levels in early February, with around 160 tons of gold delivered in just the first four days of the month—an amount more than double January’s 70-ton total. The COMEX, run by the CME Group, is one of the largest and most liquid futures trading venues […]
B2Gold Outlines $131 Million NPV For Antelope Deposit At Otjikoto
B2Gold (TSX: BTO) has released a preliminary economic assessment for its Antelope deposit, which is part of the Otjikoto open pit and underground gold mine in Namibia. The deposit is said to have an after-tax net present value of $131 million and an IRR of 35% at $2,400 an ounce gold using a 5% discount […]
Heliostar Metals Produces 20,795 GEO’s In 2024
Heliostar Metals (TSXV: HSTR) has released its production results for the fourth quarter of 2024, highlighted by 10,391 ounces of gold equivalent production. Production in the fourth quarter came from two operating mines, with La Colorado producing 3,052 gold ounces and 9,823 silver ounces, which equates to 3,167 gold equivalent ounces. San Agustin saw the […]