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Category: Economy

How China’s new AI model DeepSeek is threatening U.S. dominance
Economy

How China’s new AI model DeepSeek is threatening U.S. dominance

January 26, 2025

An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and…

CIA believes Covid-19 likely caused by lab leak, NBC News reports
Economy

CIA believes Covid-19 likely caused by lab leak, NBC News reports

January 26, 2025

"CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible." ...

Aerial firefighting companies’ new challenge: Keeping up with demand
Economy

Aerial firefighting companies’ new challenge: Keeping up with demand

January 26, 2025

Aerial firefighting companies supplement federal and state firefighting fleets, and their services are in high demand. ...

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry
Economy

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry

January 24, 2025

"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an…

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth
Economy

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth

January 24, 2025

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year…

Target rolls back DEI initiatives, the latest big company to retreat
Economy

Target rolls back DEI initiatives, the latest big company to retreat

January 24, 2025

Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs. ...

Trump recommends ending FEMA ahead of California fire site visit
Economy

Trump recommends ending FEMA ahead of California fire site visit

January 24, 2025

President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved…

Alphabet shares close above $200 for first time on split-adjusted basis
Economy

Alphabet shares close above $200 for first time on split-adjusted basis

January 24, 2025

Investors are growing more bullish on Alphabet as the company speeds up its AI development. ...

Microsoft’s business development chief Chris Young resigns
Economy

Microsoft’s business development chief Chris Young resigns

January 23, 2025

Chris Young, who joined Microsoft in 2020, worked on the software company's investments, its OpenAI relationship and the Activision Blizzard…

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Crypto World

1
Cryptocurrency

Bitcoin is finding grassroots strongholds across the US

November 6, 2025

One of the unsung realities of Bitcoin (BTC) adoption in the United States is that the most meaningful momentum isn’t always happening in major financial centers. While regulatory battles unfold in Washington and institutions accumulate…

2
Cryptocurrency

Bitcoin’s valuation metric hints at a ‘possible bottom’ forming: Analysis

November 6, 2025

Key takeaways:Bitcoin's MVRV ratio dropping to the 1.8-2.0 range signals a local bottom, historically preceding price rallies.Distress-driven selling may clear leverage, setting the stage for a market reversal, according to analysis. Bitcoin (BTC) fell 11% between…

3
Cryptocurrency

How perp DEXs quietly took over 26% of the futures market

November 6, 2025

In 2025, perpetual decentralized exchanges (DEXs) entered a phase of rapid growth, marked by expansion in trading volume and other key metrics. The rise of hybrid central limit order book (CLOB) models greatly improved performance…

4
Cryptocurrency

Bitcoin ‘$68K too low’ versus gold says JPMorgan as BTC, stocks dip again

November 6, 2025

Key points:Bitcoin joins US stocks in erasing its latest gains as market nerves heighten over US economic cues.Fed interest rate cut odds slowly increase, but analysis says that risk assets could get a nasty surprise.JPMorgan…

Economy

Economy

Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags

November 6, 2025
Economy

Job cuts in October hit highest level for the month in 22 years, Challenger says

November 6, 2025
Economy

OpenAI CFO Sarah Friar says company isn’t seeking government backstop, clarifying prior comment

November 6, 2025
Economy

Target’s sloppier stores are wearing on shoppers, and its turnaround could hinge on cleaning them up

November 6, 2025
Economy

FAA announces flight reductions at 40 airports. Here’s what travelers need to know

November 6, 2025
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