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UK employers face a decade-high redundancy surge as tax hikes and rising costs erode confidence, with firms slashing jobs to counter financial pressures in an uncertain economic climate.
European markets surged as defense and banking stocks drove the STOXX 600 to a record high, fueled by military spending growth and easing trade tensions.
Bitcoin slipped 0.8% to $96,197 on Monday, extending its 7.3% decline since Trump’s inauguration as investors watch for U.S. policy shifts and Federal Reserve decisions.
Argentina’s opposition calls for Milei’s impeachment after he promoted $LIBRA, a crypto token that surged then crashed, sparking backlash and a government investigation.
Four US states introduced new crypto bills this week, pushing the number to nine in February, as lawmakers move to regulate Bitcoin reserves, digital assets, and investment strategies.
The European Commission opposes Trump’s reciprocal trade policy, warning it could disrupt markets, fuel inflation, and harm businesses, vowing to protect EU industries from unfair tariffs.
Global electricity demand is projected to rise nearly 4% annually through 2027, driven by industrial expansion, transport electrification, and rapid data center growth.
Goldman Sachs’ crypto ETF holdings exceed $2B, showing rising institutional interest in Bitcoin and Ethereum as Wall Street firms increase their digital asset investments.
Treasury yields declined despite inflation data exceeding forecasts. Investors focused on upcoming Fed signals as markets awaited the PCE index to gauge inflation trends and policy shifts.
Sony raised its full-year forecast after strong PlayStation 5 sales lifted revenue and profits in the December quarter, surpassing analyst expectations and driving an 18% growth.
