Wednesday, January 22, 2025

Markets

Apple Reaches Deal with EU Regulators to Open Up Mobile Payments System to Rivals

Apple will now permit third-party access to its NFC tap-and-go payment technology. The agreement addresses EU antitrust concerns about restricted competition in mobile wallets. The European...

Biden Defends 2024 Candidacy Amid Calls to Withdraw

President Joe Biden asserts his commitment to run for reelection in a surprise interview. Growing concerns from lawmakers and donors about Biden's ability to win...

Capital Gains Proposal to Be Introduced Before Summer Break

The capital gains tax increase will take effect on June 25, regardless of the bill's passage. The new inclusion rate is expected to generate $19.4...

Canada Considering Higher Tariffs on Chinese EVs, Says Trade Minister

Canada is considering raising tariffs on Chinese-made electric vehicles following the U.S. decision to implement significant new tariffs on Chinese imports. Trade Minister Mary Ng...

Copper Futures Hit Record High as Data Center and EV Demand Surge

Copper futures reached an all-time high of $5.02 per pound on the NYMEX, reflecting a 25% increase this year. The expansion of data centers and...

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