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Category: Economy

Apple’s 4-day slide puts Microsoft back on top as most valuable company
Economy

Apple’s 4-day slide puts Microsoft back on top as most valuable company

April 8, 2025

Among the tech megacap companies, Apple has been the hardest hit by President Donald Trump's tariffs. ...

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day
Economy

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day

April 8, 2025

With shares of Tesla plummeting on tariff concerns, CEO Elon Musk is taking to social media to slam top Trump…

Economy

Defense stocks abruptly stem losses as Trump’s tariffs wreak havoc on global markets

April 7, 2025

European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn.…

Economy

Airlines expected to cut 2025 outlooks as travel demand falters

April 7, 2025

Wall Street analysts have slashed their price targets for U.S. airlines and downgraded ratings as concerns about travel demand grow.…

Economy

U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears

April 7, 2025

U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald…

How much do stocks have to drop before trading is halted? The details on market ‘circuit breakers’
Economy

How much do stocks have to drop before trading is halted? The details on market ‘circuit breakers’

April 7, 2025

Stock futures were down so much on Sunday that trading needed to be halted momentarily. ...

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Economy

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy

April 7, 2025

Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets crash.…

An ‘intimate and luxurious’ travel experience will take 12 people around the world in 100 days— almost entirely by train
Economy

An ‘intimate and luxurious’ travel experience will take 12 people around the world in 100 days— almost entirely by train

April 6, 2025

Adventures By Train's trip around the world will depart in March 17, 2026. ...

Meta debuts new Llama 4 models, but most powerful AI model is still to come
Economy

Meta debuts new Llama 4 models, but most powerful AI model is still to come

April 6, 2025

Meta has not yet released the biggest and most powerful Llama 4 model, which outperforms other AI models in its…

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Crypto World

1
Cryptocurrency

G7 summit could discuss North Korea’s crypto hacks: Report

May 8, 2025

Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month.Conflicts in Ukraine and Gaza will dominate discussions, but North Korea’s increasing cyber threats…

2
Cryptocurrency

US banks can handle customer crypto assets held in custody, regulator confirms

May 8, 2025

The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said…

3
Cryptocurrency

Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm

May 8, 2025

David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named…

4
Cryptocurrency

60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked

May 8, 2025

Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel. The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could…

Economy

Economy

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

May 8, 2025
Economy

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

May 8, 2025
Economy

UK set to become the first country to sign a trade deal with U.S., The New York Times reports

May 8, 2025
Economy

Trump digs in on high China tariffs ahead of trade talks

May 8, 2025
Economy

Fed holds rates steady as it notes rising uncertainty and stagflation risk

May 8, 2025
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