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The Mobile World Congress 2025 (MWC) kicks off in Barcelona, Spain, on March 1, 2025, becoming the … More global epicenter of technological innovation. Organized by the GSMA, the event showcases the latest innovations and advancements in mobile technology, telecommunications, and digital connectivity, with a strong focus on the development of 5G, 6G, artificial intelligence, and augmented reality. This edition also highlights digital sustainability and the industry’s transformation towards a smarter and more connected future. (Photo by Charlie Perez/NurPhoto via Getty Images)NurPhoto via Getty Images Shares of Microsoft and Meta rose 9.25% and 5%, respectively, after they beat expectations and…

Franckreporter | E+ | Getty ImagesMillions of older workers lost their jobs during the Covid-19 recession.Between March and April 2020, 5.7 million workers ages 55 and up lost their jobs, according to the Economic Policy Institute’s analysis of federal data.Now, five years since the onset of the pandemic, some older workers may be benefitting from policies that help them extend their careers.”We’re seeing more and more employers putting in benefits and programs that help retain some of that older workforce,” said Carly Roszkowski, vice president of financial resilience programming at AARP.These programs include phased retirement plans, part-time schedules and remote…

London CNN  —  Businesses in Germany and Britain produced less this month amid worries about President Donald Trump’s near-universal tariffs, in another sign that the global damage from his import levies is adding up. Closely watched surveys of purchasing managers showed Wednesday that private sector output contracted in Germany, Europe’s biggest economy, and the United Kingdom. “Tariff concerns and uncertainty weighed on business confidence and demand,” S&P Global and Hamburg Commercial Bank, which publish the survey of German companies, said in a news release. Likewise, in the UK, “survey respondents widely commented on the negative impact of US tariffs and…

US Federal Reserve Chairman Jerome Powell gestures as he speaks at a press conference after the … More Monetary Policy Committee meeting in Washington, DC, on December 18, 2024. The US Federal Reserve cut interest rates by a quarter point December 18 and signaled a slower pace of cuts ahead, amid uncertainty about inflation and US President-elect Donald Trump’s economic plans. Policymakers voted 11-to-1 to lower the central bank’s key lending rate to between 4.25 percent and 4.50 percent, the Fed announced in a statement. They also penciled in just two quarter-point rate cuts for next year, and sharply hiked…

The crypto market remains in prolonged consolidation with the overall market cap approaching $3 trillion as analysts eye a possible bitcoin (BTC) breakout that could push the market higher. Bitcoin hovered near $95,00 on Thursday, while ether (ETH), BNB Chain’s BNB and Solana’s SOL remained stagnant. XRP and Cardano’s ADA dropped 2%, while dogecoin (DOGE) fell 3%. Spot bitcoin exchange-traded funds (ETFs) lost $56 million on Wednesday, breaking an eight-day streak that saw nearly $3 billion flow into these U.S.-listed products. Markets have been generally range-bound in the past week, setting the course for what could be an explosive move…

CNN  —  President Donald Trump said high tariffs could be here to stay and he’d declare “total victory” if import taxes were as high as 50% a year from now, according to an interview with Time released Friday. Trump has placed historic tariffs on a wide variety of imports, including a 10% tariff on virtually everything coming into the United States. He has also imposed 25% tariffs on steel, aluminum, autos and many items from Mexico and Canada. But by far the most significant trade action is a tariff of at least 145% on most Chinese goods imported to the…

Crypto payments startup Mesh is planning to roll out Apple Pay support for crypto transactions, allowing shoppers to pay with digital assets while settling transactions in stablecoins for merchants. The feature, unveiled during Token2049 in Dubai, converts crypto to stablecoins at checkout using Mesh’s proprietary SmartFunding technology. The system sidesteps the need for merchants to handle crypto directly, offering what Mesh calls a “plug-and-play” payment option through Apple Pay’s interface. This way, brick-and-mortar retailers and webshops can accept crypto payments without the need for building out the necessary infrastructure. Mesh plans to launch the feature later in the second quarter…

Akos Stiller/Bloomberg via Getty ImagesGold returns are shining — but investors holding gold exchange-traded funds may get hit with an unexpectedly high tax bill on their profits.The Internal Revenue Service considers gold and other precious metals to be “collectibles,” similar to other physical property like art, antiques, stamps, coins, wine, cars and rare comic books.That’s also true of ETFs that are physically backed by precious metals, according to tax experts.Here’s why that matters: Collectibles generally carry a 28% top federal tax rate on long-term capital gains. (That rate applies to profits on assets held for longer than one year.)By comparison,…

Washington CNN  —  Americans are still dreading a recession and rising inflation, even after President Donald Trump paused his massive tariff hike on dozens of countries. Consumer sentiment plunged 8% in April from the prior month, to a final reading of 52.2, the University of Michigan said in its latest survey released Friday. That was a slightly smaller decline than a preliminary reading from earlier this month, which didn’t capture people’s reaction to Trump’s 90-day tariff delay announced on April 9. Sentiment in April was at its fourth-lowest level on records going back to 1952. “While this month’s deterioration was…

Cathie Wood of Ark Invest recently revised upward her 2030 Bitcoin price forecast from $1.5 million to $2.4 million. The updated forecast reflects new thinking about Bitcoin’s active coin supply. Institutional investment via the new spot Bitcoin ETFs is the single-largest driver of Bitcoin’s valuation, and needs to be monitored regularly. When it comes to Bitcoin (CRYPTO: BTC) price forecasts, the one investor who has my attention right now is Cathie Wood of Ark Invest. She is now predicting that Bitcoin will hit a price of $2.4 million by the year 2030. That’s an eye-popping prediction, especially given Bitcoin’s recent…