International Business Times

Stock Markets Plunge On US Recession Fears

In the United States, the tech-heavy Nasdaq Composite Index plummeted by 4.0 percent, seeing its worst day since 2022 after Trump declined to rule out the risk of a U.S. recession. The Nasdaq was bogged down by retreats in the so-called Magnificent Seven tech stocks, which include Google parent Alphabet, Apple, Amazon, Meta and Nvidia. Stocks in electric carmaker Tesla, led by Trump's billionaire advisor Elon Musk, closed more than 15 percent down.

Trump Insists Tariffs Will Make Americans 'So Rich' Despite Recession Warnings

Judge Questions Elon Musk DOGE's 'Unusual Secrecy' In Operations, Orders Public Transparency
A district judge has raised issue with the alleged "unusual secrecy" around DOGE operations, ordering the Trump-established unit to produce a government watchdog's requests for more information on how the office operates and who its personnel are.
Trump Says Will Buy A Tesla To Show Support For Musk
US President Donald Trump said Tuesday he will buy a "brand new Tesla" to show support for his top campaign donor and advisor, Tesla CEO Elon Musk.
Ukraine To Present US With Russia Partial Truce After Row
Ukraine will present the United States on Tuesday with a plan for a partial ceasefire with Russia, hoping to restore support from its key benefactor, which under President Donald Trump has demanded concessions to end the three-year war.
Musk Blames X Outage On 'Massive Cyberattack' As Billionaire's Brands Continue To Be Targets
Elon Musk has blamed recent X outages on a "massive cyberattack" as the billionaire's brands continue to be targeted in attacks around the world.
Trump Insists Tariffs Will Make Americans 'So Rich' Despite Recession Warnings
Despite economists warning of a potential recession, Donald Trump insists his tariff policies will make Americans "so rich."
Trump's Energy Secretary Vows Reversal Of Biden Climate Policies
The US Energy Secretary vowed Monday to reset federal energy policy to favor fossil fuels and deprioritize climate change as industry leaders gathered at their biggest event since President Donald Trump returned to office.
Trump Vows To Keep Greenland 'Safe' Despite Pledging To Claim Country 'One Way Or The Other'
President Trump stated it's up to Greenland to decide if it wants to join the U.S. after claiming during his Congress address that it will happen "one way or another."
Marco Rubio Confirms Vast Majority Of USAID Programs Will Be Cancelled: 'Thank You To DOGE'
Secretary of State Marco Rubio said over 80% of all USAID programs will be cancelled, leaving some 1,000 standing

Crypto Erases Trump Bump: Bitcoin Plummets To $77K, Ethereum Below $2K, $XRP Under $2

The crypto market has erased all gains it made since Donald Trump secured his second presidential win, with Bitcoin plunging below $77,000 at one point and Ethereum falling under $2,000.

Economy in Focus

Asian Markets Track Wall St Selloff As Trump-fuelled Economy Fears Build
Asian markets tumbled Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald Trump presses ahead with his global trade war and federal jobs cuts.
'Got Cash?' Tunisians Grapple With New Restrictions On Cheques
At Mass Rally, Mexico President Says Confident Trump Tariffs Resolved

War in Ukraine

Ukraine Set For Crucial Talks With US On Ending War With Russia
Ukrainian President Volodymyr Zelensky is due to arrive in Saudi Arabia on Monday, a day ahead of crucial talks between Ukrainian and US officials on ending the war with Russia.
After Poland Spat, Musk Vows Ukraine Can Keep Starlink
Billionaire industrialist and senior White House advisor Elon Musk vowed Sunday to maintain Ukraine's access to his Starlink satellite network, after a fierce online clash with Poland's outspoken foreign minister.
Russia Claims Counter-offensive Into Ukraine's Sumy Region
Russia on Sunday announced a cross-border offensive had captured territory in Ukraine's Sumy region for the first time since 2022 as Kyiv struggles to hold onto territory in Russia's neighbouring Kursk region.
Faced With Russia, EU's Defence Must Include Turkey
Turkey, with NATO's second-largest army and a Black Sea coastline, is looking to play a key role in Europe's security after Washington's pivot away from the region.

Core Hacker House India 2025: Builders To Shape Bitcoin DeFi In Bangalore BTCfi, AI Hackathon

Core Foundation is bringing a five-day BTCfi and AI hackathon to Bangalore next week, paving the way for developers to collaborate, gain hands-on experience, and work towards a DeFi future where innovation and security are at the heart of building.

How Baden Bower's PR Strategy Can Help Wise Rebound from Its $2.5M CFPB Fine

Baden Bower specializes in securing media placements that allow companies to take control of their message. For Wise, this could mean delivering its side of the story instead of letting negative press dictate public opinion.

Contributor
Market Forces Drive Clean Energy Growth: Investment Outlook For 2025
Political disruptions, including the U.S. exit from the Paris Agreement, have raised concerns about climate policy.
Contributor
Navigating Emotions In The Workplace: Work Well Together Puts Human Relationships At The Heart Of Business With Science
Work Well Together (WWT), co-founded by Diane Dumont—a true myth buster in insurance and HR—and Robert Zuili, a renowned French clinical psychologist, addresses these inefficiencies with a blend of science, technology, and people-centrism.

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Business Lookahead: Jobs, Prices And AI

From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.

US Economic Uncertainty Means Bigger 'Black Friday' Discounts
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