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Category: Economy

Trump’s crypto agenda is being threatened by his pursuit of personal profits
Economy

Trump’s crypto agenda is being threatened by his pursuit of personal profits

May 11, 2025

Some lawmakers who had shown a willingness to support crypto legislation are backtracking on concerns about President Trump's personal ventures…

Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing
Economy

Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing

May 11, 2025

Central bank leaders have a long history of being too reluctant to raise or lower interest rates. ...

Economy

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

May 9, 2025

Lyft shares popped 20% after the ride-sharing company upped its share buyback plan and posted better-than-expected gross bookings. ...

Trump backs tax hike on the rich, but says GOP ‘probably’ shouldn’t do it
Economy

Trump backs tax hike on the rich, but says GOP ‘probably’ shouldn’t do it

May 9, 2025

Trump's Truth Social post shows his willingness to buck traditional Republican opposition to taxing the rich as he seeks to…

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports
Economy

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

May 9, 2025

Chinese-made goods subject to President Trump's 145% tariffs have begun arriving at U.S. ports for companies from Amazon to Home…

Cargo thieves are attacking the U.S. supply chain at alarming rates
Economy

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 9, 2025

Numerous experts who spoke to CNBC estimate losses from cargo theft are close to $1 billion or more a year.…

Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks
Economy

Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks

May 9, 2025

Treasury Secretary Scott Bessent and other U.S. officials are set to speak with counterparts from China at a meeting in…

Apple says Epic Games contempt ruling could cost ‘substantial sums’
Economy

Apple says Epic Games contempt ruling could cost ‘substantial sums’

May 8, 2025

Apple wants a court to pause a decision in its case against Epic Games, and allow it to charge commission…

Trump crypto advisor David Bailey launching $300 million bitcoin investment company
Economy

Trump crypto advisor David Bailey launching $300 million bitcoin investment company

May 8, 2025

David Bailey, CEO of BTC Inc. and a Trump crypto advisor, has raised $300 million to launch a publicly traded…

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Crypto World

1
Cryptocurrency, Markets

Bitcoin market dominance moves above 61%: Will altcoins follow?

May 7, 2026

Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the…

2
Cryptocurrency, Markets

Three reasons why Ether price rallies fizzle near $2.4K

May 7, 2026

Key takeaways:A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth.Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses. Ether…

3
Cryptocurrency

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

May 7, 2026

Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails.The pilot transaction…

4
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…

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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