White House celebrates positive auto sales in 2025 – but experts caution about a decline this year
New car sales in the United States increased by about 2% in 2025, defying widespread panic over potential negative impacts from President Trump’s tariffs, according to recent analysis. While the White House has claimed that Trump’s policies would lead to higher prices benefiting the auto industry, many manufacturers have delayed passing the full burden of […]
US will manage Venezuelan oil sales for the foreseeable future, says energy secretary
U.S. Restricts Venezuelan Oil Sales Indefinitely On Wednesday, the Trump administration announced it would impose indefinite restrictions on oil sales from Venezuela following the arrest of former leader Nicolas Maduro. Energy Secretary Chris Wright championed this shift, stating the U.S. would start managing the marketing and selling of Venezuelan crude oil just one day after […]
Cox Automotive expects a decline in new vehicle sales in the 2026 market
Cox Automotive’s 2026 New Car Sales Projections Cox Automotive anticipates that growth in new car sales will be somewhat slower in 2026 compared to last year, which surprisingly outperformed expectations. The company predicts that approximately 15.8 million new vehicles will be sold in the U.S. in 2026, marking a decline of 2.4% from 2025. Additionally, […]
Apple reduces production and marketing of Vision Pro headset due to low sales, according to a report.
Apple Cuts Vision Pro Production Amid Poor Sales Apple has reportedly reduced both the production and marketing of its much-hyped Vision Pro virtual reality headset, attributing the decision to disappointing sales. Market research firm IDC estimates that Apple may only sell around 45,000 Vision Pro headsets in the final quarter of 2025, each retailing for […]
New York cannabis stores more than double in 2025, with sales exceeding $2.5 billion.
New York’s Cannabis Market Sees Significant Growth Last year, an increasing number of New Yorkers turned to legal marijuana, despite some missteps by the state’s cannabis regulators. New York’s cannabis market, after a challenging start three years ago, has exceeded $2.5 billion in sales, with over $1.5 billion in business recorded in 2025 alone, according […]
Tesla Issues ‘Unusual’ EV Delivery Forecast Indicating Weak Q4 Sales
Elon Musk’s Tesla Releases Analyst Delivery Forecasts Tesla, led by Elon Musk, has taken the “highly unusual” step of publishing analyst consensus delivery forecasts prior to its significant fourth-quarter sales report. Many veteran observers interpret this as an indication that the results might not meet expectations for the electric vehicle (EV) company. This week, Tesla […]
Tensions between China and Taiwan increased in 2025 as US weapons sales alter the balance of power.
China and Russia Criticize US Pressure on Venezuela Former CIA Director Dan Hoffman recently appeared on a news segment addressing the criticism from China and Russia concerning U.S. military pressure on Venezuela. The ongoing blockade of oil tankers has been significantly influencing Venezuela’s economy. Tensions in the Taiwan Strait As 2025 comes to an end, […]
Artists Who Recently Pulled Out of Kennedy Center Performances Had Poor Ticket Sales
Several artists who recently canceled their performances at the Kennedy Center have cited protests against the board’s decision to rename it after Trump, yet many were already facing disappointing ticket sales before pulling out. Some performers, like actress Issa Rae and the creators of *Hamilton*, previously withdrew their shows in response to Trump’s inauguration and […]
BitMine secures $98M in ETH as year-end sales limit profits.
Bitmine Immersion Technologies Recovers $97.6 Million in Ether Bitmine Immersion Technologies, an Ethereum treasury firm, managed to recover $97.6 million in ether on Tuesday, even as the cryptocurrency market continues to face challenges as 2025 nears its end. According to data from Nansen, Bitmine acquired 32,938 ETH. Currently, the firm holds approximately 4.07 million ETH, […]
Tesla shares show weak average sales predictions as it looks set for a second consecutive year of decline.
Tesla’s Fourth-Quarter Delivery Forecast Shows Decline Tesla has released a lower-than-expected average forecast for vehicle deliveries in the fourth quarter, marking a continuation of its downward trend in annual sales for the second consecutive year. The electric vehicle manufacturer, led by Elon Musk, indicated that analysts are predicting about 422,850 cars to be delivered in […]