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09/05/2025
Bank of England Governor Bailey: The global economic environment may continue to be full of challenges, and may be even more difficult to predict compared to the past.
Latest
4 m ago
Goldman Sachs warns that due to the impact of "recession risk", the US stock market may fall by about 20%.
4 m ago
Goldman Sachs warns that the stock market faces a risk of nearly 20% decline, with a recession being a huge risk for the market. In their podcast on Thursday, Goldman Sachs Chief Economist Jan Hatzius and Chief Global Equity Strategist Peter Oppenheimer appeared particularly cautious. Hatzius reiterated his forecast that there is a 45% chance of a U.S. economic recession in the next 12 months. He acknowledged that recent data has been mixed, with soft data such as sentiment surveys and strong data such as the latest nonfarm payroll numbers. Goldman Sachs Chief Political Economist also warned that comments from the U.S. President regarding trade agreements with the UK suggest that many countries may face higher tariffs before Trump's re-election.
5 m ago
US lawmakers pressure Treasury and Justice Departments to ask Trump to clarify his relationship with Binance.
8 m ago
Abnormal movement in US stocks | Pony.ai (PONY.US) rises more than 11% after announcing strategic partnership with Uber (UBER.US)
9 m ago
Tesla Cybertruck owners can no longer purchase the extended range battery pack for $16,000. A Tesla customer service representative confirmed to the media that the accessory has been discontinued, and users who had previously paid a $2,000 deposit have received a refund. Originally, this additional battery was set to be released in mid-2025 and would take up one-third of the cargo space in the Cybertruck. Tesla postponed the launch of the Cybertruck extended range battery pack in October, after reducing the estimated range by 40 kilometers, ultimately deciding to cancel the accessory. Speculations about further delays began last month when Tesla removed the battery pack from the Cybertruck's online configurator. Additionally, a recall application dated March 20 showed that Tesla had delivered less than 50,000 Cybertrucks. Reports also suggest that Tesla has reduced production of this pickup truck.
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