Author: Pritam Barman

Trump BBC lawsuit faces steep legal hurdles even after the broadcaster apologized and pulled the documentary at the center of the dispute. President Donald Trump said he’s pursuing damages that could reach $5 billion over an edited clip of his Jan. 6, 2021, speech that, he argues, made it appear he directly called for violence at the U.S. Capitol. “I think I have to do it,” Trump told reporters on Air Force One on Friday. The threat escalates his clash with the British broadcaster after its top leaders resigned and the BBC retracted the film “Trump: A Second Chance,” which…

US coffee tariffs remain high, Brazil says, even after President Donald Trump ordered modest reductions that were intended to ease grocery costs. Vice President Geraldo Alckmin vowed to push for deeper relief, arguing that the extra 40% levy on Brazilian shipments “makes no sense” and continues to weigh on the United States’ largest coffee supplier. Brazil will keep pressing Washington after the latest move “barely impacted” its coffee exports. The government’s position is that the enduring surcharge leaves Brazilian beans at a disadvantage versus competitors, even as the White House looks to bring down prices on everyday goods. US coffee…

US hedge funds trim Magnificent Seven stocks in the third quarter, signaling a pivot away from the year’s most crowded Big Tech trades and toward application software, e‑commerce, and payments. Newly filed 13‑Fs show reductions across Nvidia, Amazon, Alphabet, and Meta, even as funds added select positions elsewhere, underscoring a rotation after AI‑driven valuations began to cool. Wall Street’s latest disclosures cover portfolios as of Sept. 30. Markets were broadly higher over the period, with the S&P 500 up nearly 8% and the Nasdaq 100 rising about 9%, while benchmark 10‑year yields fell roughly seven basis points on expectations of…

Fed December rate cut is no longer seen as a given. By late Friday, short‑term interest‑rate futures pointed to a 60% chance the Federal Reserve will hold policy steady at its December 9–10 meeting, a sharp swing from just a day earlier. The repricing followed public remarks from three regional Fed presidents who stressed caution on inflation, even as the central bank’s most dovish voice argued the existing data support another cut. The shift arrives as U.S. agencies begin planning releases of economic figures that were delayed by the government shutdown. With fresh information set to hit next week—and more…

Teamshares SPAC deal headlines returned to Wall Street on Friday as the buyer of small- and mid‑sized enterprises said it will go public through a $746 million merger with Live Oak Acquisition Corp., a blank‑check company backed by accounts advised by T. Rowe Price. The transaction positions Teamshares to list on Nasdaq under the ticker TMS and to channel fresh capital into acquisitions and its technology platform. The announcement arrives amid a broader 2025 rebound in blank‑check activity. An index tracking SPACs has outpaced the S&P 500 this year, underscoring renewed investor interest in the route to public markets after…

Coinbase big moves are reshaping the exchange into a broader financial platform, with plans that stretch from perpetual futures and tokenized stocks to small‑business banking and major payment partnerships. The company was the first crypto exchange to list on a U.S. stock exchange in 2021, and it is now laying groundwork for 2025 and beyond through new products, acquisitions, and a steady expansion of on‑ and off‑chain rails. The strategy arrives as Coinbase develops the Base network—and says it is exploring a Base network token—while pursuing integrations that blend crypto with mainstream finance. Through 2025, Coinbase big moves focus on…

Bitcoin bear market pressure intensified Friday, with the world’s largest cryptocurrency falling to a fresh six‑month low as selling spread across digital‑asset markets. By mid‑afternoon, bitcoin traded near $95,500, down about 4.2% on the day, after briefly touching $94,500—its lowest level since May 6. The renewed slide places the token firmly in bear‑market territory, off 24.4% from its October 6 record high of $126,272. A report earlier in the day said U.S.‑listed spot bitcoin ETFs posted their second‑largest single‑day net outflows since launch, adding to the cautious tone. Even so, technicians noted that bitcoin’s relative strength index fell to 30.45,…

Crypto pig-butchering scam activity is accelerating into what researchers and law enforcement call a national security concern, as organized networks groom victims online and route funds through tightly controlled crypto wallets. A new analysis shows the model expanding rapidly even while average payments shrink—signaling a broader victim pool and more resilient operations. According to Chainalysis, crypto scams sent close to $10 billion on-chain in 2024. Within that total, pig-butchering revenue rose nearly 40% year over year, deposits into these schemes climbed more than 200%, and average deposit size fell roughly 55%. The data points to a playbook that targets many…

Michael Saylor Bitcoin comments returned to center stage after he posted “We are buying” on X and argued that Strategy Inc. (NASDAQ: MSTR) remains secure even if Bitcoin falls as much as 80%. The remarks underscored a familiar theme: embrace volatility, focus on multi‑year horizons, and lean on a capital structure designed to ride out extreme drawdowns. Saylor said Bitcoin’s multi‑year performance continues to outperform major asset classes, citing roughly 50% annual gains across the past five years. He pointed to a move from about $55,000 to $94,000 over 14 months, which he described as stronger than what most investors…

Berkshire Hathaway Alphabet stake was revealed at $4.3 billion, marking a notable addition to the conglomerate’s portfolio as it further reduced its position in Apple. The disclosure, covering holdings as of Sept. 30 and detailed on Nov. 14, 2025, comes in Berkshire’s final portfolio update before Warren Buffett ends his 60‑year run as chief executive. In a filing with the Securities and Exchange Commission, Berkshire said it owned 17.85 million Alphabet shares at the quarter’s close. That makes the Berkshire Hathaway Alphabet stake the company’s 10th‑largest U.S. stock holding, a rare pivot into a technology giant for an investor long…