Liabooks Home|PRISM News

Economy

Circle Debunks Fake 'CircleMetals' Gold Token Platform, Warns of Christmas Eve Scam
EconomyEN
Circle Debunks Fake 'CircleMetals' Gold Token Platform, Warns of Christmas Eve Scam

USDC issuer Circle has confirmed that a press release announcing a 'CircleMetals' gold and silver token platform is fake. The announcement, made on Christmas Eve, is a likely phishing scam.

Amazon Stock Forecast 2026: After a 6% Slump, Can AWS and Ads Power a Rebound?
EconomyEN
Amazon Stock Forecast 2026: After a 6% Slump, Can AWS and Ads Power a Rebound?

After a disappointing 2025 with only 6% growth, Amazon stock is targeting a 2026 rebound. Key drivers include AWS's reaccelerated growth and a burgeoning ad business, but the biggest challenge lies in securing power for its AI infrastructure expansion.

Japan's Record $785B Budget Braces for a 3% Interest Rate Shock
EconomyEN
Japan's Record $785B Budget Braces for a 3% Interest Rate Shock

Japan's government is finalizing a record $785 billion budget for fiscal 2026, assuming a 3% interest rate for debt servicing. The move signals a major shift away from the era of ultra-low rates.

XRP Price Slips 1.7% Despite New 'earnXRP' Yield Product Launch
EconomyEN
XRP Price Slips 1.7% Despite New 'earnXRP' Yield Product Launch

XRP's price has fallen 1.7% despite the launch of 'earnXRP', a new DeFi yield product. Analytics firm Santiment notes that current negative social sentiment could be a contrarian signal for a rebound.

EU's 'DAC8' Crypto Tax Rule Starts Jan 1, Empowering Asset Seizures
EconomyEN
EU's 'DAC8' Crypto Tax Rule Starts Jan 1, Empowering Asset Seizures

Starting January 1, 2025, the EU's DAC8 directive mandates crypto exchanges to report user data to tax authorities. Non-compliance could lead to penalties and even asset seizure for users.

Aave's $33 Billion Civil War: Who Controls the Future of DeFi Governance?
EconomyEN
Aave's $33 Billion Civil War: Who Controls the Future of DeFi Governance?

A deep dive into the Aave community's split over brand control between its DAO and Aave Labs, a conflict that puts the future of DeFi governance for the $33B protocol into question.

Aptos (APT) Slips 1% to $1.56 Amid Thin Holiday Trading and Market Weakness
EconomyEN
Aptos (APT) Slips 1% to $1.56 Amid Thin Holiday Trading and Market Weakness

Aptos (APT) has slipped 1% to $1.56 amid broader market weakness and thin holiday trading. We analyze the key technical battle between $1.63 resistance and $1.56 support.

Nike Stock Jumps After Apple CEO Tim Cook Invests $3 Million
EconomyEN
Nike Stock Jumps After Apple CEO Tim Cook Invests $3 Million

Nike's stock price saw a boost after a filing revealed Apple CEO Tim Cook purchased $3 million worth of shares. We analyze what this high-profile investment signals for the iconic brand.

The Ozempic Effect: How New Weight-Loss Drugs Are Forcing a $100B Overhaul of the Food Industry
EconomyEN
The Ozempic Effect: How New Weight-Loss Drugs Are Forcing a $100B Overhaul of the Food Industry

Discover how the approval of new weight-loss drugs is forcing food giants like Nestlé to overhaul their products. An analysis of the 'Ozempic effect' on consumer habits and the investment landscape.

2026 Stock Market Outlook: AI Spending, Strong Profits, and Fed Cuts Signal Next Bull Run
EconomyEN
2026 Stock Market Outlook: AI Spending, Strong Profits, and Fed Cuts Signal Next Bull Run

According to Reuters, the 2026 stock market is poised for a bull run driven by three key factors: massive AI spending, strong corporate profits, and anticipated Federal Reserve rate cuts. We analyze the variables and risks for investors.

U.S. Economy Surges 4.3%, S&P 500 Hits Record High, But Fed Rate Cut Hopes Cool
EconomyEN
U.S. Economy Surges 4.3%, S&P 500 Hits Record High, But Fed Rate Cut Hopes Cool

The U.S. economy grew by 4.3% in Q3, sending the S&P 500 to a record high. However, the strong data is dampening hopes for an early Fed rate cut, increasing market uncertainty.

BP Sells 65% of Castrol to Stonepeak in a $6 Billion Deal, Accelerating Energy Pivot
EconomyEN
BP Sells 65% of Castrol to Stonepeak in a $6 Billion Deal, Accelerating Energy Pivot

BP is selling a 65% stake in its iconic Castrol lubricant brand to private equity firm Stonepeak for $6 billion, Reuters reports. The move signals an acceleration of BP's shift towards low-carbon energy.