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Category: Economy

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…

Economy

Here’s what CEOs are saying about DEI at Davos

January 26, 2025

On the ground in Davos, DEI has been the subject of conversation both on the record and behind closed doors.…

How China’s new AI model DeepSeek is threatening U.S. dominance
Economy

How China’s new AI model DeepSeek is threatening U.S. dominance

January 26, 2025

An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and…

CIA believes Covid-19 likely caused by lab leak, NBC News reports
Economy

CIA believes Covid-19 likely caused by lab leak, NBC News reports

January 26, 2025

"CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible." ...

Aerial firefighting companies’ new challenge: Keeping up with demand
Economy

Aerial firefighting companies’ new challenge: Keeping up with demand

January 26, 2025

Aerial firefighting companies supplement federal and state firefighting fleets, and their services are in high demand. ...

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry
Economy

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry

January 24, 2025

"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an…

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth
Economy

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth

January 24, 2025

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year…

Target rolls back DEI initiatives, the latest big company to retreat
Economy

Target rolls back DEI initiatives, the latest big company to retreat

January 24, 2025

Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs. ...

Trump recommends ending FEMA ahead of California fire site visit
Economy

Trump recommends ending FEMA ahead of California fire site visit

January 24, 2025

President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved…

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Crypto World

1
Cryptocurrency

South Korean watchdog expands AI systems to track crypto manipulation

February 2, 2026

South Korea’s financial watchdog has expanded the use of artificial intelligence to monitor digital asset markets, signaling a shift toward automated, data-driven enforcement as trading activity grows more complex. On Monday, the country’s Financial Supervisory Service…

2
Cryptocurrency

Saylor’s Strategy buys $75.3M in BTC as prices briefly dip below $75K

February 2, 2026

Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, disclosed fresh BTC purchases for the week as the prices briefly dropped below $75,000.Strategy acquired 855 Bitcoin (BTC) for $75.3 million last week, according to a…

3
Cryptocurrency

Trump’s Fed nomination a ‘mixed’ signal for Bitcoin, US liquidity: Analyst

February 2, 2026

US President Donald Trump has nominated former Federal Reserve governor Kevin Warsh to lead the US central bank, a move that has sent mixed signals for cryptocurrency markets and US dollar liquidity, according to market…

4
Cryptocurrency

Bitcoin crashes below $76K Strategy cost basis in $2B liquidation event

February 1, 2026

Bitcoin saw a sudden weekend liquidity cascade that took BTC price to near $75,000 for the first time since its April 2025 low.Bitcoin (BTC) fell over 7% during weekend trading as a fresh price collapse…

Economy

Economy

Rare earth miners jump as Trump is reportedly eyeing mineral stockpile to reduce China dependence

February 2, 2026
Economy

Oracle rises 5% after announcing $50 billion fundraising plans. Here’s why

February 2, 2026
Economy

Nvidia shares are down after a report that its OpenAI investment stalled. Here’s what’s happening

February 2, 2026
Economy

American Express challenges Apple for No. 1 slot in Berkshire’s portfolio

February 1, 2026
Economy

Federal judge denies bid to end ICE Operation Metro Surge in Minnesota

February 1, 2026
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