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Daily Economic Reports

Bitcoin Bounces Back After Bithumb Glitch Shakes Crypto Markets

Bitcoin faced a sudden jolt last week when South Korea’s Bithumb exchange made a rare operational error. During a routine promotion, some users were mistakenly credited with thousands of Bitcoin instead of the small intended reward. The mistake caused panic selling, temporarily pushing Bitcoin’s price down sharply.Bithumb quickly confirmed that …

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Trump Launches TrumpRx.gov to Expand Access to Discounted Prescription Drugs

U.S. President Donald Trump on Thursday unveiled TrumpRx.gov, a new website aimed at giving Americans access to discounted prescription medicines, marking a central pillar of his renewed push to lower drug prices in the United States. The launch was announced during a White House event attended by Centers for Medicare …

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European Stocks Slip as Stellantis Sinks, Tech and Autos Drag Weekly Performance

European shares moved lower on Friday, heading toward a muted close to a volatile week marked by investor caution toward technology stocks and a string of disappointing corporate earnings, with automaker Stellantis delivering the latest shock. The pan-European STOXX 600 fell 0.2% to 610.28 points by 08:09 GMT. Stellantis shares …

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German Exports Jump in December, but Factory Output Slumps, Clouding Recovery Outlook

Germany’s trade sector ended the year on a strong note, but weakness in industrial production underlined the fragile and uneven nature of any economic recovery in Europe’s largest economy, official data showed on Friday. German exports surged 4.0% in December compared with the previous month, significantly outperforming expectations for a …

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