Trump’s Tariffs Could Boost Fentanyl Crackdown but Risk Eroding US-China Cooperation

US President-elect Donald Trump’s vow to impose tariffs on China and Mexico unless they stem the flow of fentanyl and migrants across the US border could lead to deeper cooperation from those governments on drug policing, experts said. The threat of tariffs carries a risk, particularly concerning US-China collaboration on fighting fentanyl, which has improved … Read more

US Inflation Rate Edges Higher, Stocks React Mixedly

The personal consumption expenditures price index (PCE) increased by 0.2% on the month and showed a 12-month inflation rate of 2.3%, matching expectations. Core inflation also rose 0.3% monthly and reached an annual reading of 2.8%, as forecast. Spending on goods and services grew 0.4% in October, while personal income jumped 0.6%, exceeding the predicted … Read more

Bitcoin’s Upside Potential Remains Despite Recent Retreat

Bitcoin’s recent retreat from $99,000 has led some to question whether the party is over for the cryptocurrency. However, despite the pullback, there are still several reasons to believe that Bitcoin has significant upside potential as we head into 2025. The psychology of Bitcoin plays a crucial role in determining its price. Market sentiment, tracked … Read more

Crypto Analyst Warns Bitcoin May Be Nearing Local Top

A well-known crypto analyst is cautioning that Bitcoin may be nearing a local top due to certain indicators suggesting a pullback in the near future. Recognized for their precise market calls, the analyst, Capo, points to factors like overextended bullish sentiment and waning momentum as signs of an imminent correction. Bitcoin has recently experienced a … Read more

First-Ever UEFI Bootkit Targeting Linux Found in the Wild

Security researchers have discovered the first-ever UEFI bootkit targeting Linux, dubbed “Bootkitty” by Slovak security firm ESET. The bootkit was detected on a malware encyclopedia and appears to target a limited number of Ubuntu releases. While it’s not considered a real threat at present, its discovery highlights the evolving nature of UEFI threats. ESET researchers … Read more

Stalker 2: Heart of Chornobyl Returns in Stock at Amazon

The long-awaited $80 Limited Edition of Stalker 2: Heart of Chornobyl is back in stock on Amazon, as well as the $180 Collector’s Edition. The game, an Xbox Series X|S and PC exclusive, offers a unique survival horror experience for fans. Preorders can be placed now to secure the game, which includes various collectibles and … Read more

Nvidia Shares Soar 179% in 2024 as AI Growth Drives Revenue Growth

Nvidia’s shares have risen by 179% so far in 2024, driven by strong artificial intelligence (AI)-related growth and a high price-to-earnings ratio of 55. The company’s new Blackwell generative AI architecture platform is expected to trigger the next wave of demand for its GPUs, but it may not fully ramp up until the middle of … Read more

Intel’s $7.86 Billion Subsidy Deal Restricts Stake Sales

Intel has revealed that a $7.86 billion US government subsidy deal restricts its ability to sell stakes in its chipmaking unit, Intel Foundry, if it becomes an independent entity. The subsidy is part of a larger $39 billion package aimed at revitalizing the US chip manufacturing sector. The company had previously stated plans to spin … Read more