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Category: Business

With the economic tumult, a serious concern has emerged: stagflation
Business

With the economic tumult, a serious concern has emerged: stagflation

May 7, 2025

Economic uncertainty surrounding President Trump's tariffs has raised concerns about stagflation hitting the U.S. economy through slow growth or contraction…

OpenAI backs off push to become for-profit company
Business

OpenAI backs off push to become for-profit company

May 6, 2025

OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation that will…

Treasury Secretary Bessent tells investors Trump’s policies will deliver ‘golden age economy’
Business

Treasury Secretary Bessent tells investors Trump’s policies will deliver ‘golden age economy’

May 6, 2025

Treasury Secretary Bessent spoke at the Milken Institute Global Conference and said the Trump administration's policies, including tax cuts and…

Newark air traffic controllers lost radar, radio communications with planes for over a minute, sparking chaos
Business

Newark air traffic controllers lost radar, radio communications with planes for over a minute, sparking chaos

May 6, 2025

A report found that air traffic controllers recently experienced a brief loss of radar and radio signals while managing flights…

EV maker recalls over 27K vehicles over risk of rearview camera display malfunctioning
Business

EV maker recalls over 27K vehicles over risk of rearview camera display malfunctioning

May 6, 2025

Polestar is recalling 27,800 of its Polestar 2 electric vehicles in the U.S. over the risk that their rearview camera…

Cisco, UPS, other companies adjusting workforce as they embrace AI: report
Business

Cisco, UPS, other companies adjusting workforce as they embrace AI: report

May 6, 2025

Some companies have been adjusting their workforce as they simultaneously embrace more artificial intelligence and automation, according to Forbes. ...

Former Obama vacation retreat on Martha’s Vineyard goes on sale for $39M
Business

Former Obama vacation retreat on Martha’s Vineyard goes on sale for $39M

May 4, 2025

An multimillion-dollar estate that former President Barack Obama's family stayed at several times during trips to Martha’s Vineyard is on…

Coffee brand by veteran fire captain launches contribution initiative with profound mission
Business

Coffee brand by veteran fire captain launches contribution initiative with profound mission

May 4, 2025

Rick Brandelli, a former LA County fire captain launched a coffee brand and collaboration with the Fire Family Foundation nonprofit…

Spain’s push for net-zero backfires with crippling power outage across 2 nations
Business

Spain’s push for net-zero backfires with crippling power outage across 2 nations

May 4, 2025

Spain and Portugal faced a major power outage with unclear causes. Experts debate whether renewable energy transition, weather conditions or…

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Crypto World

1
Cryptocurrency

Bitcoin options signal fear even as BTC ETF outflows remain relatively low

March 22, 2026

Key takeaways:Bitcoin traders are turning cautious as high oil prices and Middle East tensions fuel inflation and stall US interest rate cuts.The $254 million in spot Bitcoin ETF outflows is too small to confirm a…

2
Cryptocurrency

Brazil’s finance minister shelves crypto tax policy due to election: Report

March 22, 2026

Brazil’s Finance Minister, Dario Durigan, is putting crypto tax policy on the back burner until after the country’s presidential elections in October 2026 to avoid pushing for “divisive” tax changes during an election year. Regulators and…

3
Cryptocurrency

CFTC staff clarify expectations on using crypto as collateral

March 22, 2026

The US Commodity Futures Trading Commission has given more details on its expectations for the use of crypto as collateral amid a pilot program that the agency launched last year.In a notice on Friday, the…

4
Cryptocurrency

BitFuFu cuts self-mined Bitcoin in 2025, shifts focus to cloud mining

March 20, 2026

BitFuFu’s 2025 results showed a sharp shift in its business mix, with cloud mining overtaking self-mining as the company’s main revenue driver.The Singapore-based Bitcoin (BTC) miner reported $475.8 million in revenue for 2025, up 2.7%…

Economy

Economy

Former special counsel Robert Mueller has died at 81

March 22, 2026
Economy

Tehran strikes two Israeli communities near nuclear research site after Iran’s Natanz enrichment plant hit

March 22, 2026
Economy

Trump threatens to deploy ICE agents to airports if DHS shutdown doesn’t end, while Elon Musk offers to cover TSA agents’ pay

March 22, 2026
Economy

Trump admin unveils national AI policy framework to limit state power

March 20, 2026
Economy

Tim Cook’s China visit reinforces country’s importance to Apple as global frictions rise

March 20, 2026
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