Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020. Calvin Sit | Bloomberg | Getty Images Justin Sun’s crypto company Tron is set to hit the public market through a reverse merger with a manufacturer of custom toys and souvenirs for the world’s biggest theme parks. SRM … Read more
U.S. President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday. Citing “a substantial rise in trade barriers’’ but without mentioning Trump by name, the 189-country lender predicted that the U.S. economy – the world’s largest – would grow … Read more
Cargo shipping containers are loaded with cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Germany, on June 3, 2025. Fabian Bimmer | Afp | Getty Images The World Bank sharply cut its global economic growth projections Tuesday, citing disruption from trade uncertainty in particular. It now expects the … Read more