The second-hand car market, which has been stagnant for a while, has now started to pick up momentum. Sales are beginning to revive before the holiday. Industry officials also noted that the rise in the euro is reflected in prices. The holiday activity has begun in the second-hand car market. Car prices have been increasing […]
Gold slightly rose in the US amid concerns about economic slowdown. Today, an ounce of gold traded around $2,900. Meanwhile, the price for a gram of gold surpassed 3,400 Turkish liras. The global economic uncertainties kept gold prices relatively stable. An ounce of gold saw a 0.35% increase trading near $2,900, while a gram of […]
The Competition Board has initiated a competition investigation involving certain technology retailers, including Teknosa. The investigation is aimed at determining whether there has been a violation of Article 4 of Law No. 4054 on the Protection of Competition (preventing, distorting, or restricting competition directly or indirectly in a particular goods or services market). Teknosa, in […]
Fear of recession rattled global markets, leading to a sharp decline in the S&P 500 and Nasdaq indices in the US. One of the biggest losses occurred in Tesla, Elon Musk’s electric vehicle company. The uncertainty caused by President Donald Trump’s tariffs fueled recession fears. S&P 500 futures dropped by 2.7% yesterday, marking the largest […]
In the cryptocurrency markets, the week started with a weak tone as Bitcoin (BTC) dropped below $80,000. Ethereum (ETH) briefly fell below $2,000, while Solana (SOL), Cardano (ADA), Aptos (APT), Avalanche (AVAX), and NEAR each lost between 7% and 10% in the last 24 hours. The selling pressure in the market coincided with sharp losses […]
In a recent address to Congress, President Trump announced the designation of [Tren de Aragua], MS-13, and Mexican drug cartels as foreign terrorist organizations. This move, along with an executive order to target international drug cartels as such, signals a shift towards financial warfare against these criminal entities. Identifying the first six cartels for designation, […]
In a recent Gallup survey, Americans identified housing as one of their top financial concerns, following closely behind inflation. The situation has worsened since then, with January home sales dropping by 5 percent compared to the previous year. The housing affordability crisis is at its peak, with record numbers of first-time buyers unable to enter […]
Larry Page, the founder of Google, has established a new artificial intelligence venture focusing on production processes. According to The Information, Page’s company named Dynatomics will concentrate on product manufacturing with artificial intelligence. It was reported that Page is working with a small group of engineers on developing AI that can create optimized designs for […]
The holiday bonus that 16 million retirees have been eagerly waiting for has been announced. AK Party Group Chairman Abdullah Güler conveyed that retirees’ holiday bonus has increased from 3,000 liras to 4,000 liras. The retirement bonuses, as usual, will be deposited into accounts before the holiday this year. The final decision has been made […]
Minister of Environment, Urbanization, and Climate Change, Murat Kurum, expressed his reaction to companies selling concrete at exorbitant prices in earthquake areas. Kurum stated, “If they are pouring concrete for 5 thousand TL, then shut them down.” During his visit to Malatya, Minister Murat Kurum evaluated the work in earthquake areas. Leading a coordination meeting […]
