Blog #Business Trends

President Donald Trump has proposed a massive buyout to over 2 million federal employees, excluding military and postal workers, in an effort to reduce government spending, potentially triggering the largest job cut in U.S. history.

Nvidia experienced a historic $589 billion market cap loss on Monday, marking the largest one-day value wipeout for any company in history, triggered by the emergence of DeepSeek’s cost-efficient ChatGPT rival.

The Trump administration has launched its "largest deportation operation" in U.S. history, aiming to arrest 1,200 to 1,500 individuals daily for immigration violations, which is more than double recent arrest rates.

Coinbase CEO Brian Armstrong recently addressed the growing challenge of evaluating and listing new tokens on the platform.

Target became the latest company to scale back its diversity, equity, and inclusion (DEI) initiatives, citing an evolving external landscape and “many years of data.”

In a virtual address at the World Economic Forum in Davos, US President Donald Trump urged Saudi Arabia and other OPEC nations to increase oil production, believing it could help end the Russia-Ukraine war by lowering oil prices.

Jamie Dimon, JPMorgan Chase CEO, expressed support for Donald Trump’s tariff-heavy economic strategy, viewing tariffs as tools for negotiation and potentially beneficial for national security, despite concerns about inflation.

Oracle stock surged after the announcement of a $500 billion AI infrastructure partnership, “Stargate,” involving Oracle, OpenAI, Nvidia, and SoftBank.

The dollar strengthened and Asian stocks pared earlier gains following comments from US President Donald Trump about imposing tariffs on Canada and Mexico by February 1.

Nigeria has officially become a partner state of the BRICS group, which includes Brazil, Russia, India, China, and South Africa.

President-elect Donald Trump launched a meme coin, $TRUMP, which has surpassed a $5 billion market capitalization shortly after its debut.

Port Hedland, the largest iron ore export hub in Australia, has been temporarily closed due to the development of a tropical cyclone off the Pilbara coast in Western Australia.