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Category: Economy

The Kansas City Chiefs are the NFL’s current dynasty — here’s why they are worth less than teams that regularly miss the playoffs
Economy

The Kansas City Chiefs are the NFL’s current dynasty — here’s why they are worth less than teams that regularly miss the playoffs

September 6, 2024

The Kansas City Chiefs, despite having won three of the last five Super Bowls, are only the 18th most valuable…

Oil prices set for worst week since October 2023 as OPEC+ fails to reassure market
Economy

Oil prices set for worst week since October 2023 as OPEC+ fails to reassure market

September 6, 2024

The OPEC+ output hike will bring about 2.2 million barrels per day back onto the market through the end of…

Economy

7-Eleven’s parent company rejects $38.6 billion takeover bid, says offer ‘grossly undervalues’ company

September 6, 2024

Even if the offer was raised "very significantly," Seven & i said the bid does not consider the "multiple and…

Thoma Bravo founder vows to ‘never touch’ crypto again after disastrous bet on FTX
Economy

Thoma Bravo founder vows to ‘never touch’ crypto again after disastrous bet on FTX

September 6, 2024

Orlando Bravo, the founder of buyout firm Thoma Bravo, said he's learned plenty from his failed investment on crypto exchange…

OpenAI gives artists access to unreleased tools like Sora for New York gallery exhibit
Economy

OpenAI gives artists access to unreleased tools like Sora for New York gallery exhibit

September 6, 2024

OpenAI on Friday announced an art gallery collaboration, allowing artists access to its unreleased artificial intelligence tools for a New…

Eighty-eight corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box
Economy

Eighty-eight corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box

September 6, 2024

The letter is meant as a political show of force for Kamala Harris in a tight race with Donald Trump.…

AI craze is distorting VC market, as tech giants like Microsoft and Amazon pour in billions of dollars
Economy

AI craze is distorting VC market, as tech giants like Microsoft and Amazon pour in billions of dollars

September 6, 2024

With the biggest companies in the world throwing billions of dollars at generative AI startups, traditional VCs are struggling to…

Google’s second antitrust trial could help shape the future of online ads
Economy

Google’s second antitrust trial could help shape the future of online ads

September 6, 2024

In its second antitrust trial against the Justice Department, Google will claim that it's allowed for plenty of competition in…

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
Economy

August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%

September 6, 2024

Nonfarm payrolls were expected to expand by 161,000 in August while the unemployment rate fell to 4.2%. ...

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Crypto World

1
Cryptocurrency

The XRP signal that preceded 25% average drops in 2025 flashes again

July 6, 2025

Key takeaways:XRP has averaged 25% declines in 2025 following overbought Stochastic RSI signals.A descending triangle breakdown could push XRP price toward $1.14, while an analyst sees a deeper drop to $0.60.Bullish analysts expect breakouts toward…

2
Cryptocurrency

Crypto’s path to legitimacy runs through the CARF regulation

July 6, 2025

Opinion by: Alice Frei, head of security and compliance at Outset PRMore than 60 countries have signed on to CARF (Crypto-Asset Reporting Framework), marking 2027 as the year crypto goes fully on the grid, tax-wise.First…

3
Cryptocurrency

Tokenized equity still in regulatory grey zone — Attorneys

July 6, 2025

Tokenized stocks and private equity may face several legal challenges, as the emerging real-world asset (RWA) sits in a gray zone that does not grant holders the same legal rights as traditional asset owners, according…

4
Cryptocurrency

Mercado Bitcoin announces tokenization of $200M in RWAs on XRPL

July 6, 2025

Mercado Bitcoin, a major crypto exchange in the Latin America region, announced on Friday that it is tokenizing $200 million in real-world assets (RWAs) on the XRP Ledger (XRPL).The real-world assets include tokenized fixed-income and…

Economy

Economy

Tax changes under Trump’s ‘big beautiful bill’ — in one chart

July 5, 2025
Economy

OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats

July 5, 2025
Economy

Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed

July 5, 2025
Economy

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

July 5, 2025
Economy

OPEC+ members agree to larger-than-expected oil production hike in August

July 5, 2025
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