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Category: Economy

Trump takes aim at ‘wasteful’ government spending by ordering end to penny production
Economy

Trump takes aim at ‘wasteful’ government spending by ordering end to penny production

February 10, 2025

The president said in a Truth Social post that stopping the mint from coining new pennies is another way to…

Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma
Economy

Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma

February 10, 2025

Trump could either weaken the negotiations in a way that benefits the pharmaceutical industry, or try to achieve even deeper…

Economy

Trump to impose 25% tariffs on steel and aluminum — here are the likely winners and losers

February 10, 2025

Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. ...

Trump, Musk actions put America at risk of ‘a form of default,’ former Treasury chiefs warn
Economy

Trump, Musk actions put America at risk of ‘a form of default,’ former Treasury chiefs warn

February 10, 2025

Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal…

A $50 million Ferrari-inspired mansion just broke a local record in Delray Beach, Florida. Take a look inside
Economy

A $50 million Ferrari-inspired mansion just broke a local record in Delray Beach, Florida. Take a look inside

February 9, 2025

The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art, alcohol and even a miniature Ferrari 250 Testa Rossa…

Fashion’s most hated garment — the skinny jean — is making a comeback
Economy

Fashion’s most hated garment — the skinny jean — is making a comeback

February 9, 2025

The oft-maligned skinny jean has crept back onto the runway and is headed for a comeback as soon as this…

Economy

Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps

February 9, 2025

Two exchange-traded fund experts deliver plays that should deliver multi-year gains. ...

Could an Eagles Super Bowl victory tank the stock market? History says yes, but logic says no
Economy

Could an Eagles Super Bowl victory tank the stock market? History says yes, but logic says no

February 9, 2025

Philadelphia Super Bowl and World Series wins have historically coincided with stock market calamity. But these types of "fun" indicators…

Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Economy

Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies

February 9, 2025

Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies. ...

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Crypto World

1
Cryptocurrency

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

December 19, 2025

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed…

2
Cryptocurrency

Blockchain Association says no to expanding stablecoin yield prohibition

December 19, 2025

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and…

3
Cryptocurrency

Pro-crypto US Senator Lummis won’t seek reelection in 2026

December 19, 2025

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would…

4
Cryptocurrency

SEC confirms years-long director bans for former Alameda, FTX executives

December 19, 2025

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice,…

Economy

Economy

Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

December 19, 2025
Economy

Musk’s $56 billion Tesla pay package must be restored as court rules cancellation was too extreme

December 19, 2025
Economy

NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

December 19, 2025
Economy

Epstein files released by DOJ

December 19, 2025
Economy

Nine of the largest pharma companies ink deals with Trump to lower drug prices

December 19, 2025
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