US president Donald Trump’s son Donald Trump Jr’s venture capital firm, 1789 Capital, has made a significant investment in prediction market platform Polymarket, which is now valued at over $1 billion. The development comes as the company gears up for a potential expansion into the US market following the closure of regulatory investigations.Trump Jr announced […]
US President Donald Trump, left, and former House Speaker Nancy Pelosi U.S. President Donald Trump launched a scathing attack on former House speaker Nancy Pelosi and her husband Paul Pelosi, on Saturday, accusing them of profiting from “inside information” and claiming their 2024 stock market gains outpaced Wall Street’s top investors.Taking to his Truth Social, […]
Skims was only available in the region through third-party retailer Ounass, before opening its first physical store in Dubai/ Image: X Skims, the shapewear and lifestyle brand founded by Kim Kardashian, is set to open its first brick-and-mortar store in the Middle East, selecting Dubai’s Mall of the Emirates as its entry point into the […]
Frustration is boiling over in Queens, where residents, business owners, and civic leaders are accusing representative Alexandria Ocasio-Cortez of ignoring worsening conditions along Roosevelt Avenue, a stretch now infamous for rampant prostitution, illegal vending, and growing gang activity.“I have not personally seen Ocasio-Cortez since she’s been elected. I have not seen her in the community,” […]
The kingdom’s unemployment rate drops to a new low amid Vision 2030 reforms/Representative Image TL;DR: Saudi Arabia’s overall unemployment rate including nationals and expatriates dropped to just 2.8% in Q1 2025, down from 3.5% in Q4 2024. Saudi nationals’ unemployment reached a historic low of 6.3%, ahead of the Vision 2030 target of 7%, prompting […]
boAt launches full audio and wearable range in the UAE in July 2025, marking its first major Middle East expansion/Image: boAt TL;DR: boAt entered the UAE market in July 2025 as India’s top audio wearables brand and the world’s No. 3 per IDC rankings. The brand is offering its full range, including earbuds, headphones, speakers, […]
GCC residents can now buy and sell shares directly on Tadawul, replacing indirect access and boosting regional investment opportunities/ Image: (File) Saudi Arabia now allows GCC residents to directly invest in its main stock market, Tadawul. Previously, Gulf investors could only access the main market via indirect swap agreements. New rules let former residents of […]
President Donald Trump is facing mounting resistance from Republican senators, financial markets, economists, and even Elon Musk, over his multitrillion-dollar tax cut plan, which critics say could explode the national debt and rattle an already wary economy.The House recently passed Trump’s proposed tax and spending cuts, but analysts say they would add over $5 trillion […]
The tit for tat over President Trump’s tariffs has caused volatility in the stock market and panic on trading desks across Wall Street. Joe Rennison, a markets reporter for The New York Times, walks us through the president’s first 100 days by looking at the S&P 500, a benchmark for the U.S. stock market. Source […]
The upcoming week will be a key test for the US stock market’s rebound, as investors watch major earnings reports from Apple and Microsoft, while global trade developments could add to market volatility.According to news agency Reuters, next week’s significant economic indicators include the US jobs data, first-quarter economic growth figures and inflation updates. These […]
