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Category: Economy

Economy

Chinese giant Alibaba posts profit and revenue beat in December quarter amid strength in cloud unit

February 20, 2025

Chinese e-commerce titan Alibaba on Thursday beat expectations on top and bottom line in its December quarter, citing the strength ongoing strength…

This lesser-known tax strategy could help to reduce capital gains on your home sale
Economy

This lesser-known tax strategy could help to reduce capital gains on your home sale

February 19, 2025

Selling your home can trigger capital gains taxes, but there are ways to reduce or eliminate your bill, experts say.…

China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation
Economy

China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation

February 19, 2025

DeepSeek founder Liang has received the lion's share of media attention in recent weeks as his AI assistant ascended to…

Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’
Economy

Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’

February 19, 2025

Pershing Square's Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a "modern-day" Berkshire Hathaway. ...

Tesla’s law firm drafts Delaware bill that could salvage Musk pay package
Economy

Tesla’s law firm drafts Delaware bill that could salvage Musk pay package

February 19, 2025

The legislation would amend Delaware General Corporation Law and could pave the way for the reinstatement of Musk's 2018 CEO…

U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low
Economy

U.S. homebuilders raise alarm over tariffs as sentiment falls to 5-month low

February 19, 2025

Sales expectations in the next six months took a major hit in the National Association of Home Builders' Housing Market…

Trump’s broadside against wind industry threatens projects that could power millions of homes
Economy

Trump’s broadside against wind industry threatens projects that could power millions of homes

February 17, 2025

States in the Mid-Atlantic and Northeast were heavily betting on offshore wind to meet their future power needs. ...

China’s Xi urges entrepreneurs to ‘show their talents’ in sign of support for private business
Economy

China’s Xi urges entrepreneurs to ‘show their talents’ in sign of support for private business

February 17, 2025

Chinese President Xi Jinping on Monday urged entrepreneurs to "show their talents" in a "new era" for the nation's businesses,…

Innovaccer launches AI agents for doctors and hospitals to address burnout
Economy

Innovaccer launches AI agents for doctors and hospitals to address burnout

February 17, 2025

Innovaccer on Monday announced a suite of AI agents that can automate repetitive tasks for clinicians. ...

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Crypto World

1
Cryptocurrency

Bitcoin’s apparent demand shrinks, signals new bear market: Analysts

December 21, 2025

Bitcoin (BTC) demand growth has slowed significantly since October 2025, signaling that Bitcoin has entered into another bear market cycle, according to analysts at crypto market analysis platform CryptoQuant.Investor demand for BTC came in three…

2
Cryptocurrency

Crypto market ‘isn’t scared enough’ to call a bottom yet: Santiment

December 21, 2025

Crypto traders have not yet shown enough fear on social media to confirm a market bottom, according to a crypto analyst who suggested Bitcoin could still slide to around $75,000.“It looks very tempting to come…

3
Cryptocurrency

Crypto community ‘very sorry’ over Senator Lummis’ reelection decision

December 21, 2025

The crypto industry has rallied in support of pro-crypto US Senator Cynthia Lummis after she announced she will not seek reelection in 2026. Lummis, who is a vocal advocate for digital assets, played a significant role…

4
Cryptocurrency

US lawmakers propose tax break for small stablecoin payments, staking rewards

December 21, 2025

US lawmakers have introduced a discussion draft that would ease the tax burden on everyday crypto users by exempting small stablecoin transactions from capital gains taxes and offering a new deferral option for staking and…

Economy

Economy

CNBC’s Official College Sports Valuations 2025: Top 75 athletic programs

December 21, 2025
Economy

Roomba’s bankruptcy may wreck a lot more than one robot vacuum maker

December 21, 2025
Economy

Abel takes over for Buffett in less than two weeks. Wall Street has some advice for new Berkshire CEO

December 21, 2025
Economy

Epstein files: A number of documents, including Trump photo, reportedly removed from DOJ release site

December 21, 2025
Economy

Google was at risk of losing its dominance — until it promoted this AI executive

December 21, 2025
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