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Category: Economy

Tesla investors want Elon Musk to answer questions about ‘salute,’ role in Trump White House
Economy

Tesla investors want Elon Musk to answer questions about ‘salute,’ role in Trump White House

January 29, 2025

Tesla shareholders are asking questions about CEO Elon Musk and his political distractions ahead of fourth-quarter call. ...

The Fed meets for the first time since Trump’s term started. Here’s what to expect
Economy

The Fed meets for the first time since Trump’s term started. Here’s what to expect

January 29, 2025

If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what…

Trump administration offering buyouts to nearly all federal workers
Economy

Trump administration offering buyouts to nearly all federal workers

January 29, 2025

The Trump administration is offering millions of federal workers the option to accept buyouts through a government-wide "deferred resignation" program.…

U.S. Navy bans use of DeepSeek due to ‘security and ethical concerns’
Economy

U.S. Navy bans use of DeepSeek due to ‘security and ethical concerns’

January 29, 2025

The U.S. Navy issued a warning to its members to avoid using DeepSeek "in any capacity," due to "potential security…

Trump tariffs could raise prices on technology like laptops, smartphones and AI
Economy

Trump tariffs could raise prices on technology like laptops, smartphones and AI

January 27, 2025

Trade groups and consultants warn that trade wars spurred by Trump's tariffs could slow global commerce and raise prices for…

China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know
Economy

China’s DeepSeek AI dethrones ChatGPT on App Store: Here’s what you should know

January 27, 2025

The buzz around Chinese AI startup DeepSeek began picking up steam earlier this month, when the startup released R1, its…

Economy

How the buzz around Chinese AI model DeepSeek sparked a massive Nasdaq sell-off

January 27, 2025

DeepSeek's emergence is shaking up investor confidence of the AI story that has been lifting the U.S. bull market in…

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations
Economy

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations

January 27, 2025

DeepSeek on Monday said it would temporarily limit user registrations "due to large-scale malicious attacks" on its services. ...

Economy

Nvidia drops 16% as China’s DeepSeek AI model sparks global tech sell-off

January 27, 2025

DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost…

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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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