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Category: Economy

GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
Economy

GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

December 2, 2024

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its…

Intel CEO Pat Gelsinger ousted by board after disastrous performance
Economy

Intel CEO Pat Gelsinger ousted by board after disastrous performance

December 2, 2024

Intel announced Monday that CEO Pat Gelsinger has retired from the company, effective Dec. 1. ...

Fed Governor Waller says he is ‘leaning toward’ a December rate cut, but worries about inflation
Economy

Fed Governor Waller says he is ‘leaning toward’ a December rate cut, but worries about inflation

December 2, 2024

Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling." ...

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Economy

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

December 2, 2024

Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.…

Art Cashin, New York Stock Exchange fixture for decades, dies at age 83
Economy

Art Cashin, New York Stock Exchange fixture for decades, dies at age 83

December 2, 2024

Art Cashin was UBS' director of floor operations at the NYSE and a man The Washington Post called "Wall Street's…

Economy

‘Small caps are going to become more in favor in 2025′: VettaFi’s research head doubles down on winning group

December 1, 2024

Small caps just had their first historic week in three years, and one ETF expert predicts the group's record highs…

Top Wall Street analysts pick 3 stocks for their attractive prospects
Economy

Top Wall Street analysts pick 3 stocks for their attractive prospects

December 1, 2024

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including ServiceNow and Snowflake. ...

In the new space race, hackers are hitching a ride into orbit
Economy

In the new space race, hackers are hitching a ride into orbit

December 1, 2024

As space exploration rapidly evolves, so do the cybersecurity threats facing spacecraft, satellites, and space-based systems. ...

For big-box retailers, one of the longest-running experiments is shrinking
Economy

For big-box retailers, one of the longest-running experiments is shrinking

December 1, 2024

Ikea is the latest big-box retailer to experiment with a smaller-is-better retail store strategy. ...

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Crypto World

1
Cryptocurrency

Coin Center files brief in Ethereum MEV trial, disputes ‘honest validation’ theory

November 3, 2025

Cryptocurrency advocacy organization Coin Center has weighed in on the ongoing criminal trial of two brothers who allegedly exploited the Ethereum blockchain using maximal extractable value (MEV) bots.In a Monday amicus curiae brief — a…

2
Cryptocurrency

Brazil, Hong Kong test cross-border blockchain trade system via Chainlink

November 3, 2025

Brazilian digital bank Banco Inter has completed a blockchain-based international trade finance pilot with Chainlink, the Central Bank of Brazil and the Hong Kong Monetary Authority (HKMA), showcasing how distributed ledger technology can simplify cross-border…

3
Cryptocurrency

Balancer audits under scrutiny after $100M+ exploit

November 3, 2025

Many cryptocurrency traders are seeking answers after a successful exploit at the decentralized exchange and automated market maker Balancer resulted in more than $100 million in digital assets being stolen.In a Monday X post updating…

4
Cryptocurrency

Tharimmune makes $540M bet on Canton Coin in crypto treasury push

November 3, 2025

Biotech company Tharimmune has raised $540 million in private funding to launch a crypto treasury strategy and acquire Canton Coin (CC), the native token of the Canton Network.The private offering, among the largest digital asset…

Economy

Economy

Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut

November 3, 2025
Economy

Warren Buffett may have cut Berkshire’s stake in Apple again in the third quarter

November 3, 2025
Economy

Amazon closes at record after $38 billion OpenAI deal with AWS

November 3, 2025
Economy

SNAP update: Trump admin will pay 50% of food stamp benefits in November amid shutdown

November 3, 2025
Economy

Palantir tops estimates, boosts fourth-quarter guidance on AI adoption

November 3, 2025
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