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Economy
Where does SBUX stock stand as Starbucks trims menu, lays off 1,100 corporate employees?
February 26, 2025 07:16 AM AEDT| By InvezzStarbucks is making significant changes to its menu, with several beverages set to be discontinued next week. The coffee giant announced on Monday that starting Tuesday, March 4, it will remove a selection of drinks, including several blended Frappuc...
Bitcoin’s post-Trump rally fizzles, crypto selloff intensifies below $90,000
February 26, 2025 04:20 AM AEDT| By InvezzThe cryptocurrency market is experiencing a dramatic reversal of fortune as Bitcoin has plunged below $90,000, reaching its lowest level since mid-November. This decline marks a significant departure from the buoyant rally that followed President Tru...
PolitiFi tokens tumble as Trump tariffs shake investor sentiment
February 25, 2025 07:05 PM AEDT| By InvezzThe digital assets sector suffered massive liquidations of over $900 million in the previous 24 hours as Bitcoin slumped to $90,000. The latest decision by the US president to continue with tariffs on Mexico and Canada, with new restraints for China’...
President Trump confirms tariffs on Canada and Mexico will proceed
February 25, 2025 08:08 AM AEDT| By InvezzPresident Donald Trump stated on Monday that tariffs on Canada and Mexico would move forward as planned next month, following an initial delay meant to give both countries time to address US concerns over border security. “The tariffs are going forwa...
Who is Dan Bongino? Trump names conservative commentator as FBI deputy director
February 24, 2025 05:53 PM AEDT| By InvezzDan Bongino, a former Secret Service agent turned conservative media personality, has been named deputy director of the FBI by President Donald Trump. The appointment, announced via Trump’s Truth Social platform, places a staunch ally of the presiden...
Will China’s central bank cut rates soon? Mixed signals fuel confusion
February 24, 2025 05:36 PM AEDT| By InvezzChina’s monetary policy is sending mixed signals, leaving investors and economists uncertain about whether the People’s Bank of China (PBOC) will cut interest rates soon. Despite an easing stance suggesting support for a struggling economy, the centr...
Exit polls show Germany’s conservatives winning as far-right AfD makes historic surge
February 24, 2025 01:47 PM AEDT| By InvezzGermany’s conservative bloc, the Christian Democratic Union (CDU) and its Bavarian sister party, the Christian Social Union (CSU), have emerged as the biggest winners in the German federal election, exit polls show. The results position CDU leader Fr...
Can remittances uplift economies, or are they a double-edged sword?
February 22, 2025 08:45 PM AEDT| By InvezzAccording to World Bank estimates, remittances to low- and middle-income countries reached $685 billion in 2024, up from $647 billion in 2023. With remittances approaching $905 billion globally, it raises the question of whether they are a lifeline f...
Venezuelan deportations from the United States: is there a humanitarian and financial crisis ahead?
February 22, 2025 07:58 PM AEDT| By InvezzIn recent months, illegal immigrant deportations from the United States have emerged as a serious humanitarian and economic problem for Latin America, especially for countries like Venezuela with eroded democracy and serious economic issues. Followin...
Will US companies return to Russia as market conditions shift?
February 21, 2025 09:36 PM AEDT| By InvezzThe departure of over 1,000 Western companies from Russia following its invasion of Ukraine has reshaped the country’s economic landscape. US brands, from McDonald’s to ExxonMobil, exited either voluntarily or under regulatory pressure, with losses c...
Japan’s inflation hits 2-year high of 4% in January—will the BOJ raise rates?
February 21, 2025 01:55 PM AEDT| By InvezzJapan’s inflation surged in January, with consumer prices rising 4% year over year—the highest level since early 2023. This has intensified pressure on the Bank of Japan (BOJ) to tighten its ultra-loose monetary policy. With inflation consistently ex...
Mitch McConnell to retire in 2026, ending decades-long Senate career
February 21, 2025 04:50 AM AEDT| By InvezzRepublican Senator Mitch McConnell announced on Thursday that he will not seek reelection next year, bringing an end to his decades-long tenure as a key power broker in the Senate. McConnell, the longest-serving Senate party leader in US history, mad...
Why Trump is pivoting to Russia and what it means for Ukraine, Europe, and China
February 20, 2025 10:58 PM AEDT| By InvezzOn the 24th of February 2022, the dramatic war between Russia and Ukraine has began. Three years later, US President Donald Trump has decided to push for a peace deal with Russia, effectively cutting Ukraine out of negotiations. He also labelled Pres...
What’s next for gold after its massive surge?
February 20, 2025 08:35 PM AEDT| By InvezzGold prices scaled fresh record highs on Thursday on increasing safe-haven demand as concerns over a global trade war intensified. “Apart from this, a fresh leg down in the US Treasury bond yields keeps the US Dollar (USD) bulls on the defensiv...
Migration hardliner Friedrich Merz expected to become Germany’s next chancellor as CDU leads polls
February 20, 2025 06:14 PM AEDT| By InvezzFriedrich Merz is on track to become Germany’s next chancellor, with his party, the Christian Democratic Union (CDU), and its Bavarian affiliate, the Christian Social Union (CSU), maintaining a strong lead in the polls. With the election just days aw...
China holds key lending rates steady, prioritizing financial stability over rate cuts
February 20, 2025 01:01 PM AEDT| By InvezzChina opted to keep its key lending rates unchanged on Thursday, signaling a focus on financial stability rather than aggressive interest rate cuts to support economic growth. The People’s Bank of China (PBOC) maintained the one-year loan prime rate...
Trump’s approval rating dips as economic concerns weigh on public sentiment
February 20, 2025 06:33 AM AEDT| By InvezzUS President Donald Trump’s approval rating has declined slightly in recent days as more Americans express concerns about the direction of the economy, according to a Reuters/Ipsos poll. The six-day survey, which concluded on Tuesday, found tha...
No good news about US inflation: will Trump make the same mistakes as Biden?
February 20, 2025 03:21 AM AEDT| By InvezzInflation in the US refuses to go away. January’s data showed both consumer and wholesale prices rising more than expected, making it clear that price pressures are still a problem. At the same time, tariffs pushed by the Trump administration are add...
Maker shows strength as daily revenue hits yearly high—what’s next for MKR price?
February 19, 2025 07:41 PM AEDT| By InvezzWhile cryptos remain weak amid pessimistic macro developments, Maker (MKR) displayed resilience with substantial price gains over the past week. The altcoin trades at $1,196 after gaining 10% and over 25% in the past day and week. On-chain data indic...
Trump’s IVF executive order: Costs, political impact, and conservative backlash
February 19, 2025 05:10 PM AEDT| By InvezzPresident Donald Trump has signed an executive order aimed at aggressively lowering the cost of in vitro fertilization (IVF), positioning the move as a response to rising concerns over family formation and fertility treatment accessibility. The decis...
