Author: News Room

The Chevrolet Equinox is a gas-powered compact crossover SUV sold alongside the brand’s Equinox EV.I was impressed by Equinox’s handsome styling, good tech content, and well-designed interior.But I was disappointed with its engine’s lackluster performance and the limited cargo space.The Chevrolet Equinox has been General Motors’ entry into the hotly contested compact SUV segment for the past two decades.In 2025, Chevy introduced a new fourth-generation crossover variant that will be sold alongside an EV SUV of the same name.The 2025 Equinox boasts fresh styling, a new interior, a revised drivetrain, and updated tech to help it remain competitive with segment leaders like…

Investing.com — Goldman Sachs has updated its economic forecasts, reflecting nuanced shifts in monetary policy expectations and global growth trends for 2025.  Analysts have revised their projections for the U.S. Federal Reserve policy, removing a previously anticipated rate cut in January.  The terminal rate is now expected to fall within the 3.5-3.75% range, compared to earlier estimates of 3.25-3.5%. The brokerage anticipates the next 25 basis-point cut to occur in March, followed by additional reductions in June and September. U.S. economic performance is projected to continue outpacing its developed-market peers, supported by robust real income growth and superior productivity gains. …

By Christina Amann HANOVER (Reuters) -Volkswagen on Friday announced sweeping changes to its German operations, including more than 35,000 future job cuts and sharp capacity reductions in a last-gasp deal between Europe’s top carmaker and unions to avert mass strikes. Union leaders hailed the agreement as a “Christmas miracle” after 70 hours of gruelling negotiations, the longest in the company’s 87-year history. There would be no immediate site closures or layoffs, and VW appeared to have backed away from demanding 10% wage cuts. The deal avoiding costly strikes may also provide relief to investors after months of negotiations. Shares rose…

Cardano founder Charles Hoskinson has voiced concerns about the future of CoinDesk, suggesting that its value has eroded in the ongoing editorial turmoil. Specifically, CoinDesk finds itself embroiled in controversy following the abrupt dismissal of three top editors, including Editor-in-Chief Kevin Reynolds. The turmoil traces back to a disputed decision by Bullish, CoinDesk’s parent company, to remove an article critical of Tron founder Justin Sun. The Justin Sun Article Removal The CoinDesk editorial turmoil began in late November when CoinDesk published an article about a surreal stunt by Justin Sun, where he purchased and ate a $6.2 million banana art…

Investing.com — As President-elect Donald Trump prepares to embark on his second term, UBS analysts foresee constraints shaping the fiscal policies of the next administration.  Despite Republican control of both chambers of Congress, UBS notes that the dynamics of high deficits, narrow congressional margins, and rising debt-servicing costs will likely limit expansive fiscal initiatives. UBS projects that the fiscal deficit will remain elevated, constrained by a combination of economic and political factors.  The federal deficit currently exceeds 7.5% of GDP, and the government debt-to-GDP ratio has surpassed 120%, raising serious questions about sustainability.  While the U.S. benefits from its reserve…

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! Nvidia stock remains top pick for 2025: MS Morgan Stanley (NYSE:) reaffirmed Nvidia (NASDAQ:) as a top stock pick for 2025, maintaining its Overweight rating and a price target of $166. Despite some near-term headwinds, including a slowdown in Hopper builds and staggered Blackwell product readiness, Morgan Stanley views these challenges as temporary. By the second half of 2025, the strength of Blackwell will be “the only topic,” the…

Deceptive practices surrounding TerraUSD (UST) have landed Tai Mo Shan Limited, a subsidiary of Jump Crypto Holdings LLC, in hot water with the SEC, resulting in a $123 million settlement. The Tai Mo Shan TerraUSD deception involved misleading investors about the stablecoin’s stability and selling unregistered securities. This $123 million settlement serves as a stark reminder that the cryptocurrency market, often touted as a hub of financial innovation, can also be a breeding ground for costly scandals. TerraUSD’s Downfall and Investor Deception TerraUSD was introduced as a stablecoin pegged to the U.S. dollar, promising unwavering stability. Tai Mo Shan reassured…

World Liberty Financial acquired 1,481 Ethereum worth $5 million, raising its holdings to 16,362 ETH. The project diversified into altcoins with 231,726 Ethena tokens and stablecoins like USDC and USDT. Total cryptocurrency holdings now stand at $75.32 million, reflecting losses but maintaining strong DeFi investments. World Liberty Financial (WLFI), a decentralized finance project associated with President-elect Donald Trump, recently purchased 1,481 Ethereum (ETH). The acquisition, valued at $5 million and paid for with USD Coin (USDC), brings its total ETH holdings to 16,362. Buying the Dip: Trump’s World Liberty Buys 1,481 Ethereum Today Amid Market DipToday, Trump’s World Liberty added…

Keiser dismissed Michael Saylor’s $10 trillion Bitcoin-pegged stablecoin proposal as implausible due to restrictive US dollar policies. Keiser praised El Salvador’s Bitcoin strategy, citing it as a peaceful financial revolution compared to the US dollar’s centralized control. Saylor proposed a US digital asset framework, emphasizing stablecoins backed by treasuries to extend the dollar’s global dominance. Famous crypto analyst and broadcaster, Max Keiser has questioned Michael Saylor on his latest suggestion on the establishment of a stablecoin pegged to be $10 trillion in the USA. Keiser pointed out that this kind of plan cannot be initiated based on the current construct…

XRP surged 5% despite a “death cross,” signaling potential for a major breakout. Whales have accumulated over 80 million XRP since December 17, showing strong confidence. A breakout past $2.73 could lead to new highs, targeting XRP’s all-time record. Ripple (XRP) has captured attention with a surge of 5% in 24 hours. This rally comes despite the “death cross,” a signal often viewed as bearish. Historical data and recent whale activity suggest even bigger moves ahead. With a history of dramatic gains, XRP might be on the verge of breaking past old records. Could this be the long-awaited rise traders…