Winter storm set to hit much of US with snow, ice and bitter cold

A fierce blizzard followed by brutally cold conditions will soon engulf the eastern two-thirds of the United States as cold air moves out of the Arctic and south to Florida, meteorologists said. The National Weather Service warned Friday that starting Saturday, millions of people from Kansas City to Washington are set to be hit with … Read more

Why both Biden and Trump oppose Japan’s takeover of US steel – DW – 01/03/2025

After months of protests, US President Joe Biden on Friday blocked Japan’s Nippon Steel’s proposed purchase of United States Steel Corporation, or US Steel. The second-largest US steelmaker had earlier approved a $14.9 billion (€14.5 billion) takeover bid, saying it would help insulate the ailing company from intense competition from abroad, including China. Nippon Steel … Read more

Jefferies is bullish on electronics manufacturing sector, Amber Enterprises remains top stock pick – Jefferies bullish on electronics manufacturing sector amber enterprises remains top stock pick

Electronics manufacturing services stocks like Amber Enterprises, Keynes Technology and Dixon Technologies have given strong returns in 2024. Last year the stock of these companies has been between 135% to 180%. Brokerage firm Jefferies is bullish on this sector in 2025. The brokerage firm has named Amber Enterprises as its top pick. Jefferies has estimated … Read more

Bitcoin would become Moscow’s “supercurrency”

Samofalova believes that the Russian CBDC would not be useful for international payments. He also highlighted the security of BTC, noting that its architecture is almost impenetrable. In an opinion article published in RIA Novosti, Olga Samofalova stated that Bitcoin could become a strategic ally for Moscow in 2025. According to the journalist, Russia needs … Read more

19th Century Bank Predicts Bitcoin Price at $225,000 This Year

The projection is based in part on the potential advancement of bitcoin as a national reserve asset. The friendlier environment for the industry under the Trump administration is driving optimism. The American bank HC Wainwright & Co., which was founded in 1868, making it one of the oldest in existence, expects a bullish year for … Read more

Wind and solar power boost Germany’s renewable energy output – DW – 01/03/2025

Germany made a notable shift toward renewable energy sources last year, according to a Federal Network Agency Report Released on Friday. The contribution of renewable energy to the country’s total electricity generation is 59%, which was 56% in 2023. Wind energy was the dominant source, contributing 31.9% to the country’s energy mix, while solar energy … Read more

Narrow reelection of Mike Johnson as US house speaker sign of possible ‘dissent’ to come

Republican Mike Johnson was narrowly reelected US house speaker on Friday after hard-right members of the GOP initially held out votes. Republican party members did eventually rally for Johnson, but “that brief revolt today points to potential further dissent to come,” David Smith, The Guardian Washington Correspondent told FRANCE 24. Source link

Bitcoin miners see their profits from transaction fees grow

On April 20, 2024, miners collected almost $79 million in transaction fees. During the early years, this statistic recorded revenues of USD cents. The daily profits that Bitcoin (BTC) miners earned thanks to transaction fees paid by users reached an average of $2.5 million during 2024, according to Coinmetrics. Added to the block subsidy reward … Read more