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Walmart faces a new challenge: CEO who has led for more than a decade unexpectedly announces resignation at a critical time

Walmart faces a new challenge: CEO who has led for more than a decade unexpectedly announces resignation at a critical time

On Friday the 14th Eastern Time, Walmart, the world’s largest retailer, made a surprising announcement: CEO Doug McMillon, who has led the company for over a decade, will step down at the end of January next year. This move comes as the company faces multiple challenges, including tariff shocks,

The European Union plans to centralize regulation of the cryptocurrency industry, which may disrupt the existing MiCA regulatory framework.

The European Union plans to centralize regulation of the cryptocurrency industry, which may disrupt the existing MiCA regulatory framework.

The European Commission is pushing to centralize all cryptocurrency business regulatory powers to the European Securities and Markets Authority (ESMA), a move that could overturn years of efforts by member state regulators and companies in industry oversight. According to a draft plan circulating before the official announcement next month, the

39% tariffs will end after three months: Switzerland reaches agreement, US tariffs reduced to 15%.

39% tariffs will end after three months: Switzerland reaches agreement, US tariffs reduced to 15%.

``` The United States and Switzerland reached a trade agreement on Friday, agreeing to lower tariffs on Swiss goods from 39% to 15%, which will soon end the US’s extremely high tariffs and trade disputes with Switzerland. This breakthrough agreement brings much-needed economic relief to Switzerland, the developed country most

BCA: AI is repeating the historical bubble cycle.

BCA: AI is repeating the historical bubble cycle.

``` Investment research firm BCA Research has warned that the current artificial intelligence boom is repeating the trajectory of historical investment manias, all of which ultimately ended in collapse. The firm expects the AI boom to end within the next 6 to 12 months. On Friday, the firm's chief

Yellen warns: The American political system faces "mortal danger" and is eroding the foundation of economic prosperity.

Yellen warns: The American political system faces "mortal danger" and is eroding the foundation of economic prosperity.

Former U.S. Treasury Secretary Janet Yellen has issued a stern warning, saying that America's democratic system is facing a "mortal danger," and this institutional crisis is threatening the fundamental basis of U.S. economic prosperity. On November 14, in a media interview, Yellen stated that

Crypto bear market coming? Bitcoin falls below $95,000, hitting a six-month low, with ETF single-day outflows reaching $870 million.

Crypto bear market coming? Bitcoin falls below $95,000, hitting a six-month low, with ETF single-day outflows reaching $870 million.

``` As market expectations for a Fed rate cut in December quickly cooled, risk-off sentiment intensified across risk assets. On Friday, Bitcoin fell to its lowest point in more than six months, with investors withdrawing nearly $900 million from Bitcoin ETFs. On Friday, Bitcoin briefly dropped to $94,978, the lowest

All the speculative themes are being dumped! Goldman trading desk: Thursday’s momentum trades in U.S. stocks saw the biggest decline since the DeepSeek shock.

All the speculative themes are being dumped! Goldman trading desk: Thursday’s momentum trades in U.S. stocks saw the biggest decline since the DeepSeek shock.

``` Market concerns over the massive financing demands of the AI cycle are brewing, leading to a sharp sell-off in US technology stocks. Momentum trading strategies have suffered heavy losses, and speculative sectors such as AI-related thematic baskets and Bitcoin-sensitive stocks have also faced fierce selling pressure. The Nasdaq 100 index