Economy

Bitcoin has dropped below its 200-day moving average of $109,800. Analysts warn of a continued correction to $94,200, though long-term momentum remains positive.

Donald Trump refused Hungary’s request for an exemption from U.S. sanctions on Russian oil, despite Viktor Orbán’s appeal due to the country’s pipeline dependence.

US Senate works to end 30-day government shutdown amid rising health care costs and expiring SNAP benefits affecting millions of Americans.

Mercedes-Benz profits plunge by one-third amid weak global sales, U.S. import tariffs, and restructuring costs. The automaker plans major savings through 2027.

Japanese startup JPYC launched the world’s first yen-pegged stablecoin (JPYC), backed by JGBs, aiming to issue ¥10 trillion over 3 years.

Congressional Democrats maintain shutdown strategy, blaming Trump as 42M Americans risk losing SNAP food aid starting November 1.

Protesters in Iași shouted at Romanian President Nicușor Dan and demanded he go to Ukraine during his official visit to the city.

Kering sells Creed cosmetics division to L’Oreal for 4 billion euros, continuing its strategy to diversify from fashion and leather goods.

Launching a trucking company—or going out on your own as an owner-operator—means navigating insurance, filings, and customer requirements fast.

Nestlé plans to cut 16,000 jobs worldwide by 2027 under new CEO Philipp Navratil, aiming to save 3 billion francs through automation, digitalization, and restructuring.