17.05.2025 US
1179 day since the barbaric invasion of Ukraine

Investing

Banknotes

US economy contracted by 0.3% in Q1 2025 amid rising imports

The American economy unexpectedly declined at the beginning of 2025 — the downturn was caused by an increase in imports and a reduction in government spending, despite rising investment and exports.

chat
[totalcount]
Tesla logo

Tesla reports 71 % profit drop and 13 % fall in sales

Tesla’s net profit plunged to $409 million and deliveries fell to a three-year low; Musk vows to scale back work in DOGE and refocus on Tesla.

chat
[totalcount]
Barcelona

Spain cancels "golden visas" for property purchases over €500,000

The Spanish government is ending the issuance of residence permits in exchange for large investments in housing — the decision was made to protect the right to affordable housing.

chat
[totalcount]
Money

London and Brussels to discuss mechanisms for seizing frozen Russian assets

The United Kingdom and the EU are negotiating legal mechanisms to seize Russian assets worth billions of dollars despite resistance from several European countries.

chat
[totalcount]
Chairman of the Federal Reserve Board Jerome Hayden Powell

The Fed lowers interest rate and cuts US GDP growth forecast for 2024

The Federal Reserve System of the United States has revised its economic growth forecast for 2024 and lowered the key interest rate, indicating a more cautious approach to future economic policy.

chat
[totalcount]
Ellinikon

Greece is building the largest Smart City in Europe: Ellinikon

Construction of Ellinikon — the largest Smart City in Europe — has started in Athens, and by Christmas 2026, it will become home to 20,000 residents

chat
[totalcount]
Trussardi Logo

Miroglio Group Acquires Trussardi, Expanding Portfolio and Development Strategy

The Italian holding Miroglio Group has purchased the brand Trussardi, planning to expand its presence in the clothing and leather goods market

chat
[totalcount]
Gold bars

India bought $6.2 billion worth of gold in February, a monthly record

Gold imports to India in February increased to $6.2 billion, a growth of more than 2.3 times compared to the same period last year

chat
[totalcount]
Sam Altman

SEC investigates potential deception of OpenAI investors during the crisis with Altman

The United States Securities and Exchange Commission is examining whether OpenAI misled investors when Sam Altman was suspended from his position

chat
[totalcount]
Erling Haaland

Erling Haaland Invests in the Future, Buying a Mercedes AMG One Supercar for 3 Million Euros

Soccer player Erling Haaland and his friend invested in the rare supercar Mercedes AMG One for 3.13 million euros, considering the purchase an investment for the future

chat
[totalcount]
Zara Store

Inditex shares peaked following record revenue growth in 2023

The rise in Inditex shares occurred after announcing record revenues of €35.9 billion in 2023 and expansion plans

chat
[totalcount]
Vodafone Logo

Vodafone sells its Italian business to Swisscom for 8 billion euros

Vodafone is exiting its business in Italy by selling it to Swisscom for 8 billion euros to optimize operations and increase stock value

chat
[totalcount]
Indian Prime Minister Narendra Modi

Indian Prime Minister Narendra Modi announces the construction of three semiconductor factories for $15 billion

Narendra Modi announced the construction of three chip manufacturing plants for a total of $15 billion, including the first in India

chat
[totalcount]
Stock exchange quotes

Private equity funds hold a record in unsold assets at $3 trillion — Bain

Private equity funds control 28,000 companies valued at $3 trillion. Sales fell by 44%, reaching a decade low

chat
[totalcount]
Charlie Munger

Charlie Munger, influential investor and Vice President of Berkshire Hathaway, has passed away

Charlie Munger, Vice President of Berkshire Hathaway and renowned investor, has died at the age of 99, leaving behind a legacy of significant achievements and a unique approach to investing

chat
[totalcount]