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Category: Economy

Gap beats earnings and revenue estimates, hikes profit margin outlook as results are posted early
Economy

Gap beats earnings and revenue estimates, hikes profit margin outlook as results are posted early

August 29, 2024

Gap beat earnings and revenue estimates, as it posted its fiscal second-quarter results early. ...

Affirm shares surge 34% and head for best day in three years after earnings beat
Economy

Affirm shares surge 34% and head for best day in three years after earnings beat

August 29, 2024

Affirm shares soared on Thursday after the provider of buy now, pay later loans reported better-than-expected quarterly results. ...

Economy

Trump re-charged in special counsel election case due to Supreme Court immunity ruling

August 28, 2024

Donald Trump is still charged with four counts related to his alleged efforts to illegally overturn his loss to President…

Elon Musk’s xAI accused of worsening Memphis smog with unauthorized gas turbines at data center
Economy

Elon Musk’s xAI accused of worsening Memphis smog with unauthorized gas turbines at data center

August 28, 2024

Memphis already has a smog problem. Environmental groups say Elon Musk’s xAI is making it worse with unauthorized use of…

Goldman issues warning on how quickly market confidence has recovered from an August stocks slump
Economy

Goldman issues warning on how quickly market confidence has recovered from an August stocks slump

August 28, 2024

The speedy return of market confidence following a global sell-off in risky assets should be seen as a cause for…

OpenSea receives Wells notice from SEC, regulator says NFTs are securities
Economy

OpenSea receives Wells notice from SEC, regulator says NFTs are securities

August 28, 2024

Crypto marketplace OpenSea has been added to the SEC's list of targets, as the regulator extends its crackdown on the…

Shares of Abercrombie & Fitch plunge 15% after CEO warns of ‘increasingly uncertain environment’
Economy

Shares of Abercrombie & Fitch plunge 15% after CEO warns of ‘increasingly uncertain environment’

August 28, 2024

Abercrombie & Fitch has become one of Wall Street's biggest retail winners and the company plans to keep up the…

Super Micro shares fall 23% on filing delay, Hindenburg Research report
Economy

Super Micro shares fall 23% on filing delay, Hindenburg Research report

August 28, 2024

Shares of Super Micro fell after the company announced it will not file its annual report for the fiscal year…

Economy

Buffett’s Berkshire Hathaway hits $1 trillion market value, first U.S. company outside of tech to do so

August 28, 2024

The milestone came two days before Buffett's 94th birthday. ...

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Crypto World

1
Cryptocurrency

Who’s winning the West’s crypto regulation race?

July 4, 2025

While the European Union and United Kingdom push forward with cautious crypto frameworks, the United States is suddenly emerging as a front-runner in global digital asset policy thanks to a blitz of legislation, political momentum…

2
Cryptocurrency

Solana bot scam on GitHub steals crypto from users

July 4, 2025

A GitHub repository posing as a legitimate Solana trading bot has been exposed for reportedly hiding crypto-stealing malware.According to a Friday report by blockchain security firm SlowMist, the now-deleted solana-pumpfun-bot repository hosted by account “zldp2002”…

3
Cryptocurrency

Binance taps ex-Gemini exec Gillian Lynch to reboot Europe push

July 4, 2025

Binance, the world’s largest cryptocurrency exchange, has appointed Gillian Lynch as its new head of Europe and the United Kingdom, signaling a renewed push to secure regulatory approval across the region.Lynch brings more than 20…

4
Cryptocurrency

FTX estate asks court to freeze payouts in ‘restricted’ countries

July 4, 2025

FTX’s bankruptcy estate has raised concerns over payouts to creditors in countries with ambiguous or restrictive cryptocurrency regulations.On Wednesday, the FTX estate filed a motion with the US Bankruptcy Court for the District of Delaware,…

Economy

Economy

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’

July 4, 2025
Economy

Investing in Space: One big beautiful windfall

July 4, 2025
Economy

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart

July 4, 2025
Economy

House narrowly passes Trump’s megabill in major victory for Republicans

July 4, 2025
Economy

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims

July 4, 2025
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