News

Know all the recent happening in the business world, which companies have soared or gone down. Keep track of the business world in the News Section of Mr. Business Magazine.

Bitcoin Surges to Record Highs Amid Post-Election Crypto Rally
Bitcoin’s price has climbed to a new peak, hitting $87,000, as crypto markets surged in response to Donald Trump’s victory in the U.S. presidential election. The world’s largest cryptocurrency continues to attract investor interest, reaching this unprecedented high due to both market momentum and optimism around a potentially crypto-friendly admini…
Federal Reserve Implements a Quarter-Point Rate Cut Amid Economic Adjustment
The Federal Reserve, aiming to recalibrate its monetary policy, approved a quarter-point rate cut on Thursday, marking its second consecutive rate reduction. This shift is less aggressive than the previous move but signals continued efforts to adapt to economic conditions. Following a more significant half-percentage point cut in September, the …
Fed Chair Powell Reaffirms Independence, Rejects Resignation for Trump
In a press conference on Thursday, US Federal Reserve Chair Jerome Powell firmly responded to questions regarding whether he would resign if President-elect Trump requested it. Powell, whose term as chair runs through 2026, responded with a straightforward No. When asked if he would be legally obligated to step down, Powell reiterated, No. Jerom…
Elon Musk’s Big Bet on Trump: What’s at Stake for Tesla, SpaceX, and X
Elon Musk has taken a strong stance in support of Donald Trump’s successful campaign for the U.S. presidency, emerging as one of the most prominent business figures backing Trump. Musk’s substantial financial support and his vocal advocacy for Trump have left him and his business empire in a unique position, with both potential gains and significan…
Bitcoin Hits Record $75,000 as Investors Eye U.S. Election Results
Bitcoin Soars to Record $75,000 Amid Election Uncertainty Bitcoin surged to an unprecedented high on Tuesday evening, reaching $75,000 as investors speculated that former President Donald Trump was gaining traction in the U.S. election. As results trickled in, the flagship cryptocurrency’s price spiked, reflecting heightened optimism among trade…
How a Trump or Harris Election Win Could Shape the Stock Market?
Investors on Edge as Election Approaches With Election Day just hours away, the financial world is watching closely, though no one can say with certainty what the outcome will be. For stock market investors, however, experts are offering a calming message: there’s no need to panic. While some fluctuations are expected as election results start t…
Asia-Pacific Markets Rally as Key Events Loom in U.S. and China 
Investor Sentiment Boosted by Upcoming Events Asia-Pacific markets experienced a notable upswing on Monday as investors positioned themselves for a week filled with significant events, including the U.S. presidential election and the Federal Reserve’s monetary policy meeting. This optimism is compounded by anticipation surrounding China’s parlia…
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