The Minecraft Movie is making waves at the box office, having surpassed $550 million worldwide. This impressive figure is a testament to the movie's widespread appeal, with a significant chunk, $269. 6 million, coming from international markets. The film's performance in China is noteworthy, where it secured the top spot over the weekend despite geopolitical tensions...
The global economy is on a wild ride. The tension between the United States and China is causing waves in the financial world. The latest move by China to raise tariffs on US goods to 125% sent shockwaves through the markets. The European markets felt the heat. The Stoxx Europe 600 index took a hit, dropping about 1% before bouncing back later in the day. Across...
The trade fight between China and the US has reached new heights. China has hit back with a 84% tax on US imports. This comes after the US President slapped extra taxes on Chinese goods. The two countries have been in a back-and-forth battle over trade. China has been firm in its stance against the US's moves. The trade spat has spread beyond just the US and China. ...
Investors in Tesla have been on a wild ride lately. The electric car giant, once a darling of Wall Street, is now facing some serious headwinds. It all started with a few key analysts changing their tunes. They began lowering their price targets for Tesla's stock, citing concerns about the company's polarizing CEO, Elon Musk, and his political affiliations. The stoc...
The U. S. and China are locked in a trade dispute that has the world on edge. The U. S. has slapped hefty tariffs on Chinese goods, and China is not happy about it. China's Ministry of Foreign Affairs spokesperson, Lin Jian, called out the U. S. for putting "America First" at the expense of global trade rules. This move, according to Lin, is causing chaos in global...
The world of cryptocurrency has been feeling the heat lately. The trade war has sent shockwaves through the market. Bitcoin, the big name in crypto, took a hit. It dropped below $78, 000 midday on Monday. This is a significant drop from its price of $82, 400 just a few days earlier on Thursday. The announcement of "reciprocal tariffs" by the government on Wednes...
The world is grappling with the fallout from the U. S. President's aggressive tariff increases. Many countries are scrambling to figure out how to handle the situation. Some are even sending their trade experts to Washington to talk things out. The European Union's top official, Ursula von der Leyen, has proposed a mutual reduction of tariffs to zero on certain goods...
Trade tensions are in the spotlight as many nations react to recent tariff announcements. Trump's top economic advisor, Kevin Hassett, has revealed that over 50 countries have reached out to discuss these new tariffs. This move comes after Trump's decision to impose a 10% tariff on all imports and higher tariffs on specific countries. The global market has taken a...
The stock market is currently experiencing a rough patch. The main culprit? A series of tariffs set to take effect soon. These tariffs have investors on edge, leading to a shaky start for the year. The S&P 500 index has taken a hit, down almost 6% so far this year. This is the worst start since 2020. The Dow and Nasdaq haven't fared much better, with both seeing sign...
In the European Union, the electric vehicle (EV) market is buzzing. However, Tesla, a major player in the EV world, is facing a tough time. February saw a significant drop in Tesla's new car registrations. This is the second month in a row that Tesla's sales have taken a hit in the EU. The numbers are stark: a 47% year-over-year drop in February, following a 50% ...