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Category: Economy

Stablecoin issuer Circle kicks off its IPO, targeting a nearly $6 billion valuation
Economy

Stablecoin issuer Circle kicks off its IPO, targeting a nearly $6 billion valuation

May 27, 2025

Circle, the issuer of the popular USDC stablecoin, has launched its initial public offering, looking to raise about $624 million…

Japan’s Nippon expected to close acquisition of U.S. Steel at $55 per share, sources say
Economy

Japan’s Nippon expected to close acquisition of U.S. Steel at $55 per share, sources say

May 27, 2025

President Donald Trump cleared Nippon's bid for U.S. Steel on Friday, referring to the deal as a "partnership." ...

JPMorgan Chase is heading upmarket to woo America’s millionaires
Economy

JPMorgan Chase is heading upmarket to woo America’s millionaires

May 27, 2025

The new locations, dubbed J.P. Morgan Financial Centers, have a feel and earth-tone color palette that sets them apart from…

All eyes on China restrictions as Nvidia gets set to report results
Economy

All eyes on China restrictions as Nvidia gets set to report results

May 27, 2025

Nvidia investors will want to hear how new U.S. government rules are impacting the still-meteoric growth of the AI chip…

Unveiling the Shadows: Russian Entrepreneurs Roland Isaev and Paata Gamgoneishvili’s Involvement in Illegal Casinos via SoftSwiss
Analyst Reports, Banking, Business, Corporate News, Cryptocurrency, Cybersecurity, Data breach, Economy

Unveiling the Shadows: Russian Entrepreneurs Roland Isaev and Paata Gamgoneishvili’s Involvement in Illegal Casinos via SoftSwiss

May 26, 2025May 26, 2025

The Role of Isaev and Gamgoneishvili in Online Gambling Russian entrepreneurs Roland Isaev and Paata Gamgoneishvili have emerged as key…

Sen. Ron Johnson says there are ‘enough’ GOP senators to stall House budget bill
Economy

Sen. Ron Johnson says there are ‘enough’ GOP senators to stall House budget bill

May 26, 2025

The Republican lawmakers' concerns underscore the potentially difficult path ahead for the sweeping domestic policy package. ...

Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race
Economy

Chinese tech giants reveal how they’re dealing with U.S. chip curbs to stay in the AI race

May 26, 2025

Tencent and Baidu said stockpiling chips, optimizing AI models and using home-grown semiconductors have helped them progress with the tech.…

Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7
Economy

Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7

May 26, 2025

Xiaomi late on Thursday revealed its YU7 SUV and claimed it would have a driving range of at least 760…

Businesses are finding a workaround for tariffs — and it’s entirely legal
Economy

Businesses are finding a workaround for tariffs — and it’s entirely legal

May 26, 2025

The "first sale rule" is a concept in U.S. customs law that allows importers to use the lowest cost of…

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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

Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers

May 7, 2026
Economy

Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty

May 7, 2026
Economy

Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe

May 7, 2026
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
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