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Category: Economy

Trump ‘not interested’ in call with Musk, White House official says
Economy

Trump ‘not interested’ in call with Musk, White House official says

June 6, 2025

Tesla CEO Elon Musk and President Trump launched a war of words at each other Thursday over Musk's criticism of…

U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Economy

U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%

June 6, 2025

Nonfarm payrolls were expected to increase 125,000 in May while the unemployment rate stayed at 4.2%. ...

Fed ‘Beige Book’ economic report cites declining growth, rising prices and slow hiring
Economy

Fed ‘Beige Book’ economic report cites declining growth, rising prices and slow hiring

June 5, 2025

The report noted that "economic activity has declined slightly since the previous report" released April 23. ...

Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report
Economy

Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report

June 5, 2025

Trump has branded Powell with the nickname "Too Late" as a criticism of the Fed Chair's continuing decision to hold…

After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Economy

After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’

June 5, 2025

Shift4 founder Jared Isaacman, who had been President Trump's pick to run NASA, told investors in a letter on Wednesday…

Musk whips opposition to Trump tax plan: ‘KILL the BILL’
Economy

Musk whips opposition to Trump tax plan: ‘KILL the BILL’

June 5, 2025

Musk's reaction likely comes in part because Trump's bill cuts an EV tax credit that helps Tesla, a source familiar…

Stablecoin issuer Circle prices IPO at $31 per share, above expected range, ahead of NYSE debut
Economy

Stablecoin issuer Circle prices IPO at $31 per share, above expected range, ahead of NYSE debut

June 5, 2025

Circle, the issuer of one of the biggest stablecoins, priced its IPO at $31per share, above its expected range and…

Economy

Meta signs nuclear power deal with Constellation Energy

June 3, 2025

Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy, continuing the wave of tech giants teaming…

Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown
Economy

Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown

June 3, 2025

Tech companies are testing self-driving cars in Texas, with Elon Musk and Tesla getting set to join the growing market.…

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Crypto World

1
Cryptocurrency, Markets

XRP price copies 2025 chart fractal that last time sparked 66% gains

May 5, 2026

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive…

2
Cryptocurrency

Bernstein cites $4T tokenized credit opportunity for Figure Technology stock

May 5, 2026

Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond its roots as a fintech lender, according to Bernstein.In a Tuesday…

3
Cryptocurrency

US prosecutors ask for leniency for ex-Celsius exec, citing cooperation

May 5, 2026

Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius.In a Monday letter filed in the US District Court for the Southern District of…

4
Cryptocurrency

CFTC sees mixed responses to prediction market rulemaking

May 4, 2026

The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s…

Economy

Economy

Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models

May 5, 2026
Economy

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

May 5, 2026
Economy

Intel soars 14% on report of Apple chip talks, hits new all-time high

May 5, 2026
Economy

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

May 4, 2026
Economy

Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition

May 4, 2026
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