Economy

Strategy increased its preferred stock dividend to 11.25% as STRC trades below par and bitcoin briefly fell below the company's cost basis.

As Elon Musk edges closer to becoming the world's first trillionaire by 2027, experts warn of fundamental imbalances in how society values work and wealth distribution.

Modi's government unveils record infrastructure spending and strategic focus on biopharma, semiconductors, and rare earths to transform India into a manufacturing powerhouse despite U.S. trade pressures.

Elon Musk announces SpaceX has stopped Russia's unauthorized use of Starlink satellites. The move highlights how satellite internet has become a geopolitical weapon in modern warfare.

COVID and Ukraine war proved 3D printing's strategic value. As China builds industrial strategy, Europe lacks focus on deployment and demand creation.

Chinese President Xi Jinping officially declares ambition for yuan to achieve global reserve currency status, challenging dollar dominance and reshaping international finance.

Mark Savaya's departure as US special envoy to Iraq signals potential strategic shifts in Biden's Middle East approach amid rising regional tensions.

BitMine Immersion's aggressive ether accumulation backfires spectacularly, with over $6 billion in paper losses highlighting the risks of corporate crypto treasuries in volatile markets.

Bitcoin plunged over 10% to eight-month lows as $111 billion vanished from crypto markets. Early holders cash out while fresh capital dries up, signaling a fundamental shift in market dynamics.

A single trader lost $220 million as $2.5 billion in crypto positions were liquidated in 24 hours, highlighting the extreme risks of leveraged trading in volatile markets.

Health problems among Chechen leaders threaten Putin's regional control strategy, raising questions about power succession and stability in the volatile region.

America's auto giant met China's smartphone maker to discuss EV collaboration. What's driving this unlikely partnership in the electric vehicle race?