News

At the beginning of 2026, AbbVie is making a fresh transition from its blockbuster drug Humira. This drug has been the corporate identity of AbbVie for over a decade. Numerous diseases and physical conditions were treated using Humira for the past decade, including rheumatoid arthritis, Crohn’s disease, and plaque psoriasis. The transition from Humira marks … Read more

The U.S. Department of Commerce has granted a one-year export license to Taiwan Semiconductor Manufacturing Company Limited (TSMC) to import U.S. chip manufacturing equipment to its facilities in Nanjing, China. This approval allows the world’s largest dedicated independent semiconductor foundry to continue receiving chipmaking gear from the U.S. without any vendor-level delays. TSMC Wins One-Year … Read more

As of January 1, 2025, cryptocurrency tax reporting has become mandatory in the United Kingdom and 47 additional jurisdictions. The newly imposed cryptocurrency tax reporting framework will be based on the Organization for Economic Cooperation and Development’s instructions and under the Cryptoasset Reporting Framework (CARF) regime. As per the latest regulation, the exchanges must collect … Read more

The shares of the European media company ProSiebenSat.1 Media SE (ETR: PSM) was down 1.7% during mid-day trading on Wednesday, New Year’s Eve, continuing a period of volatility for the firm that operates in Germany, Austria, Switzerland, and the United States. The stock traded as low as €4.87 on December 31, with 89,138 shares changing … Read more

Uganda’s opposition leader Bobi Wine has asked his followers to use the decentralized application Bitchat for communication ahead of the upcoming elections. This is in view of past instances where the authorities banned social media and restricted internet access at the time of the election. Decentralized messaging is expected to make a resilience against state … Read more

The XRP market has shifted to a decisive sentiment of fear as the technical indications point towards heavy bearish momentum. The bulls are having a hard time bringing in participation, which only worsens the scenario for XRP. Especially since the altcoin market is facing a general downtrend, XRP investors are taking a cautious stance, leading … Read more

Nike (NKE) shares are tumbling after the company released its earnings report yesterday, December 18. The gross profit fell by 6% mainly due to the impact of U.S tariffs and the lagging Chinese market. Nike shares closed at 65.63, down by 0.09%. The shares of the leading sportswear maker further slipped to 58.98, down by 10.13% … Read more

The outlook for the U.S. stock market in 2026 remains cautiously optimistic, with investor sentiment supported by continued growth in artificial intelligence and expectations of monetary policy easing by the Federal Reserve. However, persistent inflationary pressures and the risk of unexpected policy shifts continue to temper market enthusiasm. S&P, which has reached 16% growth as … Read more

Major U.S. stock exchanges, Nasdaq and the New York Stock Exchange (NYSE), will remain open as scheduled on December 24 and December 26. The announcement comes despite President Donald Trump signing an executive order directing federal departments and agencies to be closed on both of those days. The exchanges’ operators will close markets early on … Read more

U.S. stock futures edged higher on Thursday as investors looked ahead to key inflation data that could influence market direction. The S&P 500 futures also rebounded, turning positive after Wednesday’s sell‑off. After a tech‑led pullback, the broader market has bounced back, though investors remain cautious as the November inflation report approaches. According to the latest … Read more