Business

Bitcoin reached a record price of $100,000 on Wednesday, marking an extraordinary milestone for the once-niche digital currency. The achievement underscores Bitcoin’s evolution from an experimental asset dismissed by Wall Street into a central player in global finance.

The Bank of Russia announced that it will suspend foreign currency purchases in order to "reduce the volatility of financial markets," Reuters reported.

Nearly 60 conservative asset managers, state treasurers, and nonprofit organizations issued an open letter to more than 1,000 U.S. CEOs, demanding that they disclose their diversity, equity, and inclusion (DEI) policies.

Investment management firm BlackRock has purchased an Australian blood processing facility and a pharmaceutical lab alongside fund manager Wentworth Capital.

Jack Hollis, Toyota’s North American Chief Operating Officer (COO), said that policies surrounding electric vehicles (EVs) are not working with consumer demand.

U.S. stock markets saw significant gains following Donald Trump becoming the President-elect.

Ford Motor Company lost $1.2 billion on electric vehicles (EV) in the third quarter.

Retailers Walmart and Aldi announced they are providing "inflation-free" Thanksgiving meals for customers.

Drugstore chain Walgreens announced that it will close 1,200 stores across the United States.

This year has seen the U.S. government's debt interest costs exceed $1 trillion for the first time, marking a significant financial milestone