Day: February 1, 2026

An investment firm tied to the United Arab Emirates acquired nearly half of the Trump family’s cryptocurrency company, a $500 million stake, four days before President Donald Trump’s second inauguration, according to a report Sunday by The Wall Street Journal.

In recent years, China’s economy has moved away from the high-speed growth trajectory that once defined it, entering instead a more complex and contradictory stage. The headline figure for 2025—industrial companies’ total profits rising by just 0.6 percent to 7.39 trillion yuan—may look positive at first glance. Yet beneath this modest increase lie serious challenges: persistent U.S.–China trade tensions, tariff wars, structural inefficiencies, and the broader uncertainty clouding the global economy.

Oil prices slid as investors dial back fears of a supply shock after Donald Trump said Iran was “seriously talking” with Washington over the weekend.

Tens of thousands of people are gathering for Punxsutawney Phil, a groundhog that lives in a tree stump, to predict if the already long and cold winter across much of the United States will go on for another six weeks or if an early spring is around the corner.