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Our weekly digest is your one-stop-shop for the most significant stories from the past week.
Here is everything you might have missed:
🔸 US to hike tariffs on Chinese goods, up to 102.5% on electric vehicles.
🔸 China to sell $138 billion in bonds to stimulate economy.
🔸 OpenAI releases new AI model, GPT-4o, with improved text, video, and audio processing.
🔸 1 million new tokens launched since April, 640,000 being Solana meme tokens.
🔸 Tether and Toncoin partner to develop crypto payment solution.
🔸 Coinbase working on investment product for Australian pension funds.
🔸 Michelle Bowman, a US Federal Reserve rep, urges government to regulate stablecoins.
🔸 US inflation in April decreased to 3.4%.
🔸 20% of circulating bitcoins may be stuck in blocked wallets.
🔸 Oil prices rise as decrease in US oil reserves increases risky trends.
Friday stock market news:
🔸 EUR is down against USD by 0.03% at 1.0862.
🔸 GBP is down against USD by 0.03% at 1.2662.
🔸 Dow Jones is up by 0.01% at $39,869.38.
🔸 Brent Crude Oil is up by 0.43% at $83.63.
🔸 Gold is up by 0.03% at $2,380.70.
Use this information to make informed decisions.
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