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Gas prices: An increase at the pumps to start the week

Gas prices slightly increased on Monday after a quick drop in gas prices over the weekend.  According to AAA, the average price for a gallon of regular gas on Monday was $3.448. This was a slight increase over Sunday’s price of $3.447. A week ago, it also cost $3.447 for a gallon of regular gas. […]

Ripple pumps additional $25 million into pro-crypto super PAC

Cryptocurrency company Ripple Announced $25 million donation On Wednesday, it donated money to the Fair Shake Super PAC as part of an industry-wide effort to promote pro-cryptocurrency policies and politicians. Last December, Ripple pledged $20 million to FairShake, which has already spent $11.3 million on federal elections. This wave of donations marks a significant expansion […]

China Pumps Tens Of Billions Into Key Industry Amid Tech War With US

China’s Communist Party has launched a $47.5 billion state investment fund to strategically bolster its semiconductor industry in preparation for competition with the United States, Reuters reported on Monday. The investment of 344 billion yuan is the largest among the three funds established, with the first fund established in 2014 and providing 138.7 billion yuan […]

Mercedes pumps the brakes on EV goals after profits drop

David Tracey, a former automotive engineer and car enthusiast, said the market has spoken and not everyone is ready to move to fully electric cars. Mercedes-Benz The company this week acknowledged that its goal of producing only electric cars has not worked out as well as it had hoped, amid declining profits, and reiterated that […]

DeFi TVL reaches $100B as Bitcoin pumps sentiment – Cointelegraph

Demand for Bitcoin is fueling sentiment in the crypto industry, with over $100 billion of capital locked on-chain as of March 9th. according to According to data from DefiLlama, the global total value lock (TVL) in decentralized finance (DeFi) protocols has reached $100.1 billion, with more than $10 billion traded in the past 24 hours […]