Tungsten is a critical metal famed for its exceptional hardness and ability to withstand high temperatures, making it indispensable in diverse applications ranging from weapons manufacturing to semiconductor production. The global market for tungsten has historically been dominated by China, which has provided an overwhelming majority of the world’s supply. As geopolitical tensions rise, particularly
Finance
In recent years, the investment community has witnessed a significant transformation in the way assets are managed, particularly with the ascent of actively managed exchange-traded funds (ETFs). This trend is not merely a fleeting moment in the market but represents a broader shift in investor preferences as they increasingly move away from traditional active mutual
As President-elect Donald Trump prepares to take office, he has made significant strides in forming his economic team by appointing Kevin Hassett to head the National Economic Council (NEC). This role is notably influential, placing Hassett at the nexus of the administration’s decision-making processes concerning critical issues such as tax policy, trade agreements, and regulatory
In a bold maneuver, President-elect Donald Trump has declared plans to impose an additional 10% tariff on all Chinese imports to the United States, as indicated in a recent social media post on Truth Social. This announcement followed another revealing post where he discussed his intentions to levy a 25% tariff on products from Mexico
In an ambitious move towards greater consumer protection, the Consumer Financial Protection Bureau (CFPB) recently finalized a regulation that extends its oversight to nonbank firms delivering financial services through digital platforms. This initiative, aimed at enhancing accountability and transparency, specifically targets large tech and payment companies that process an impressive volume of transactions annually. It
In recent months, the cryptocurrency market, especially Bitcoin, has captivated investors with unprecedented surges in value. While it is easy to get swept up in the excitement of these returns, experts like George Milling-Stanley, chief gold strategist at State Street Global Advisors, caution against such optimism. In a recent appearance on CNBC, he articulated a
For the last twenty years, the landscape of gold investment has evolved tremendously, largely due to the introduction of gold-tracking exchange-traded funds (ETFs). As we enter a new era, George Milling-Stanley, the chief gold strategist at State Street and a key figure in the establishment of the first gold ETF, SPDR Gold Shares (GLD), remains
In the wake of President-elect Donald Trump’s staunch commitment to implement high tariffs, prominent figures in the financial world are raising alarms about the potential repercussions on the broader economy. Ken Griffin, the CEO of Citadel, articulated his worries regarding this approach during a speech at the Economic Club of New York. He argued that