Finance
Category: Finance
80% of China-reliant small businesses could go bust, Flexport warns
Ryan Petersen, co-founder and chief executive of logistics platform Flexport, says the new 145 % duties Washington has slapped on most Chinese imports could be an extinction-level event for small U.S. importers. Speaking on “The Prof G Pod,” he said that about 80 % of small businesses that buy from…
Ten US cities where a six-figure salary still feels poor compared to 1990s living standards
The American Dream is slipping away, and you can feel it in your paycheck. In the 1990s, a $100,000 salary was a golden ticket—homeownership, family vacations, and a nest egg were all within reach. Today, in some U.S. cities, that same six-figure income barely covers rent, childcare, and groceries, leaving…
Bitcoin Exchange Supply Hits Lowest Level Since 2019 Amid Soaring Institutional Demand
2025 has seen a significant portion of Bitcoin held on exchanges moved to self-custodial wallets. According to data from CryptoQuant, supply of BTC on exchanges is its lowest since 2019. Approximately 500,000 Bitcoins have been transferred to wallets in the first few months of 2025. On top of this, institutional…
New SEC Chief Welcomes Congressional Support as Crypto Regulation Bills Advance
New SEC Chair Paul Atkins urged congressional action to support crypto regulation, stating that clear statutory support would help address regulatory ambiguity that stifles innovation. Speaking at a Washington roundtable, Atkins highlighted the need to modernise custody rules and create a transparent framework for blockchain-based financial systems. His comments coincide…
Crypto-Powered Strategy Game KAI: Battle of the Three Kingdoms Set for Launch
Double Jump Tokyo will launch KAI: Battle of the Three Kingdoms on April 30 across PC, iOS, and Android, with a PC browser load test on April 28; over one million players have pre-registered. Built on the Oasys Chain, KAI embraces a play-to-earn model with tradable NFT assets and supports…
Justin Sun Touts Bright Future for JST as TRON’s DeFi Ecosystem Expands
Justin Sun said JST could be the “next 100x token”, citing JustLend and JST’s recent performances. According to Sun, JustLend is projected to generate over US$100M in annual revenue and plans to use profits for JST buybacks and burns to boost the token’s value. The controversial TRON founder, Justin Sun,…
Inside the Quiet Revolution: How millennials are redefining wealth on their own terms
I’m in my mid-thirties, and if you had asked 18-year-old me what “wealth” would look like by now, I probably would have painted a picture of a mortgage on a nice flat, a high-paying 9-to-5 job, and a shiny car in the driveway. Fast forward to today: I rent a…
Slate Auto’s minimalist EV truck lets custom wraps shine—starting at $19,900
In an auto industry racing toward ever-smarter, bigger, and pricier vehicles, a new electric pickup is taking the opposite lane. Slate Auto’s first model, known simply as the “Slate Truck,” strips the modern truck to its essentials in the name of affordability and personalization. This sub-$20,000 EV (after federal incentives)…
California surpasses Japan as the world’s 4th largest economic power
California’s economy has recently reached a major milestone by surpassing Japan’s gross domestic product (GDP), securing its position as the world’s fourth largest economic entity. Governor Gavin Newsom highlighted the latest statistics compiled by theInternational Monetary Fund(IMF) and theUS Bureau of Economic Analysis, emphasizing the state’s robust expansion in 2024.…
TRUMP Coin Loses Steam as Exclusive Dinner Promise Fails to Ignite Investor’s Interest
TRUMP token fell by over US$3 after surging to US$14.72, losing a some of its gains despite ongoing bidding for exclusive access to Trump. The rally followed Trump’s invitation for holders to “bet” on his token to gain access to an exclusive dinner, with the top 220 holders invited. Senator…