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  • Mar 31, 2025

Hungary Expands Meddling From Bonds to Banks as Economy Stutters

(Bloomberg) -- Hungary is expanding its interventions into the market economy in areas ranging from bond funds to banking, as the government seeks to revive growth after last year’s recession.Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools, Colleges Push Muni Debt Distress Near

  • Mar 31, 2025

Hut 8, Eric Trump to launch bitcoin mining company

Miami, Florida-based Hut 8 merged the majority of its mining operations for an 80% stake in American Data Centers, a company formed by a group of investors including Eric Trump and Donald Trump Jr. that has been relaunched as American Bitcoin. The move illustrates the growing involvement of the Trump family in the crypto landscape as the industry moves towards mainstream acceptance.

  • Mar 31, 2025

Trump Vents Anger at Putin Over Ukraine, Hints at Oil Curbs

(Bloomberg) -- President Donald Trump said he was “very angry” at Vladimir Putin and threatened “secondary tariffs” on buyers of his country’s oil if the Russian leader refuses a ceasefire with Ukraine.Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools, Colleges Push Muni Debt Dis

  • Mar 31, 2025

Softer demand outlook to weigh on oil, OPEC+ walks a tightrope: Reuters poll

Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and China weigh on demand, while OPEC+ pushes forward with plans to increase output, a Reuters poll showed. With global crude balances expected to widen by 300,000 barrels per day (bpd) this year, the market is teetering on the edge of surplus, said Florian Grunberger, senior analyst at Kpler. "This shift is driven by a weaker macroeconomic outlook in China and underperformance in Indian demand, which more than offset a modest improvement in European demand."

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