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Stock Market

Stock market slides. Major indexes wrap up losing week.

Tesla trade-ins hit record high amid Elon Musk controversyTesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk's involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago. That figure doubled to 0.8% in January.unbranded - NewsworthyU.S. stocks plunged, with the Dow closing down more than 700 points and the S&P 500 shedding over 100 points amid heightened inflation and tariff concerns.The Fed's preferred inflation measure, the...
USA Property

Gov. DeSantis criticizes House for reinstating vetoed budget items

The governor lambasted House GOP lawmakers for not addressing 'pressing issues that Floridians care about.'DeSantis wants repeal of red flag laws and supports open carryDeSantis wants repeal of red flag laws and other restrictions on Second Amendment RightsFlorida Governor Ron DeSantis criticizes the Florida House's decision to reinstate four budget items he vetoed last year.DeSantis urges the legislature to prioritize issues like condo insurance reform, medical freedom, and E-Verify instead.The Senate has yet to decide whether to support the House's budget veto overrides.Gov. Ron DeSantis isn’t happy with Florida House...
Stock Market

Have US stock market prices fallen since Trump took office?

White House downplays recession fears amid stock market concernsA new poll found that 70% of Americans, including a majority of Republicans, think President Trump's trade policies will push prices higher.Scripps NewsThe stock market has experienced turbulence, with the Nasdaq entering a correction in early March.The S&P 500 is predicted to see a weekly gain after four weeks of losses, while the Dow is on track for its largest weekly gain since January.After the November 2024 election, the stock market hit an all time high, with conservative media pundits claiming that...
USA Property

Tesla attacks, vandalism are ‘domestic terrorism,’ says AG Pam Bondi

Uptick in Tesla vandalism amid DOGE backlashElon Musk's Teslas are being vandalized at a higher rate as he faces backlash for federal cuts and firings.U.S. Attorney General Pam Bondi echoed President Donald Trump by saying those who vandalize and violently attack Teslas are committing “domestic terrorism.”Bondi, the former Florida Attorney General who Trump nominated as the country’s next attorney general in November, made the comments in a statement on Tuesday evening.“The swarm of violent attacks on Tesla property is nothing short of domestic terrorism,” Bondi said in the statement.According to...
Upcoming Investments

TVP AND DEMAND POOL ANNOUNCE UPCOMING LAUNCH OF FIRST STRATUM V2 BITCOIN MINING POOL AND CLOSING OF VENTURE CAPITAL INVESTMENT

AUSTIN, Texas, March 18, 2025 /PRNewswire/ -- DMND ("Demand Pool"), the world's first Stratum V2 Bitcoin mining pool, announced the opening of the application for miners to join DMND as launch partners today. Successful applicants will benefit from a 0% fee for an initial two-month period, as well as a special two-year founding miner agreement. DMND also announced its venture capital financing that took place in Q4 2024, led by Trammell Venture Partners ("TVP"). Stratum V2 enhances Bitcoin's decentralization and privacy by enabling miners to construct their own block templates....
Stock Market

Stock market losses and credit tightening add pressure on Fed

Howard Schneider  |  ReutersInterest rate decision looms as Fed discusses tariffs and trade war impactsWith rising tariffs looming, experts warn of increased consumer prices as the Federal Reserve convenes to address economic implications. (Scripps News)Scripps NewsTumbling stock markets and signs of tightening credit may make the Federal Reserve's job even more difficult this week as U.S. central bank policymakers try to weigh whether consumer spending will suffer as households take stock of the potential blow to their net worth and greater difficulty in obtaining loans.U.S. retail sales for February, reported on Monday in the...
Upcoming Investments

PSP Investments joins CPP Investments and Ferrovial in 407 ETR ownership group

Transaction Highlights: PSP Investments to acquire significant minority stake of 7.51% in 407 ETR from CPP Investments CPP Investments and Ferrovial to concurrently enter into agreements to acquire an aggregate 6.76% stake in 407 ETR from AtkinsRéalis Transactions position 407 ETR for long-term performance amid increasing traffic demand TORONTO, March 13, 2025 /PRNewswire/ -- Public Sector Pension Investment Board (PSP Investments), one of Canada's largest pension investors, today announced that it has entered into agreements to acquire a strategic interest in 407 Express Toll Route (407 ETR), an all-electronic, barrier-free,...
Stock Market

How to prepare for recession as US stocks plunge amid Trump tariff fears

Recession fears persist amid inflation and trade warsPresident Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration's continuing trade war.The U.S. economy may be heading toward a recession due to recent economic policies and global uncertainty.A recession is characterized by a decline in economic activity, including a drop in GDP, increased unemployment, and reduced consumer spending.Experts suggest preparing for a potential recession by building an emergency fund, reducing debt, and diversifying investments.Are we heading for a recession?On Monday, U.S....
Upcoming Investments

SPRIM Global Investments and OneIM Announce $300mn Joint Venture to Accelerate Clinical Trial Financing

SINGAPORE and NEW YORK, March 10, 2025 /PRNewswire/ -- SPRIM Global Investments ("SGI"), a global investment firm specializing in clinical-stage life sciences and pharma services based in Singapore, and One Investment Management ("OneIM"), a global alternative investment management firm, today announce a $300mn Joint Venture ("JV") to accelerate clinical trial financing. The strategic partnership will fuel the expansion of SGI's specialized financing platform, TrialCap, a pioneering financing solution designed to support clinical trials from Phase 1 through Phase 3. With more than two decades of deep industry expertise, TrialCap offers...
Upcoming Investments

PropNex Unveils a Bold New Brand Identity and Appoints Key Strategic Leaders; Launches New Property Investment Book

SINGAPORE, March 10, 2025 /PRNewswire/ -- Singapore's largest real estate agency, PropNex Limited, has unveiled a refreshed brand logo after 25 years, signaling a new phase of growth and strategic direction. This marks its first major rebrand since its founding in 2000. PropNex celebrates its 25th Anniversary this year, on 15 July 2025. The news was announced at the annual PropNex Sales Summit, where more than 4,000 salespersons and guests were in attendance. The rebranding, which extends across Singapore and regional markets, reflects the agency's evolving identity and commitment to...
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