Pudgy Penguins (PENGU) surged 23.54% to $0.018 on July 9, marking its highest value since January 2025. The rally followed a key regulatory milestone: the US Securities and Exchange Commission (SEC) officially acknowledged a proposed exchange-traded fund (ETF) that would hold both PENGU tokens and Pudgy Penguins non-fungible tokens (NFTs).…
By Sarthak GoswamiPriyanka, a night-shift worker from Ghaziabad, epitomises the aspirations of many Indians who have embraced the digital revolution. Working remotely for Amazon, she sought to supplement her income by responding to an Instagram post advertising paid online tasks. The initial experience seemed harmless enough—her first task, which involved…
According to new government data, Canadian companies are looking for additional alternate markets to reduce their economic reliance on a US economy that is still somewhat affected by tariffs.Exports from the United States, Canada’s largest trading partner, fell by 10 percentage points between May 2024 and May 2025, accounting for…
Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts. Supply in the oil market has been on the upside since the Organization of the Petroleum Exporting Countries and allies started to unwind their voluntary production cuts of 2.2 million barrels per…
Copper production in the US is unlikely to get a significant boost from the recently announced US tariffs, according to the ING Group. On Tuesday, US copper futures reached an unprecedented high, surging by a record 17% in a single day. This came after the US President Donald Trump announced plans for…
Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased output from the oil producer group OPEC+ is not resulting in higher inventories, according to a Reuters report. This indicates a strong market demand for more oil.OPEC+, responsible for approximately half of global…
The race to lead the Federal Reserve has taken on the tone of a reality show. Two Republicans are competing for the most influential economic post in the world.One has built a reputation on loyalty and adaptability. The other carries the weight of elite experience and a record of inflation-wary…
After imposing heavy tariffs on 14 nations and revealing plans to push import duties on the copper and pharma sector, US President Donald Trump on Wednesday delivered letters to seven more nations.The countries that came under fresh fire from Donald Trump include the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka.Donald Trump shared the…
Monster Beverage Corp. (NASDAQ: MNST) fell 3% on Wednesday after Rothschild & Co Redburn downgraded the stock from Buy to Neutral. The firm also reduced its price target from $63 to $60. The decision follows the U.S. government’s announcement to double tariffs on imported aluminum from 25% to 50%– a…
Nissan Motor has announced a suspension of US production for three of its vehicle models specifically designated for the Canadian market, according to a Reuters report. This decision comes as a direct consequence of the escalating trade tensions between the United States and Canada, which have resulted in the imposition of…