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Category: Economy

Pentagon chief says ready to ‘fight and win’ against China, urges Asian allies to boost defense spending
Economy

Pentagon chief says ready to ‘fight and win’ against China, urges Asian allies to boost defense spending

May 31, 2025

While playing up the U.S.'s enduring commitment to the Indo-Pacific region, Hegseth took swipes at the absence of China's defense…

EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%
Economy

EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%

May 31, 2025

President Donald Trump announced Friday that he was raising tariffs on steel imports from 25% to 50%. ...

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical
Economy

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical

May 31, 2025

Michael Saylor applauds efforts by other companies to replicate his strategy of using cash to buy bitcoin. ...

Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property
Economy

Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property

May 30, 2025

Starbase was officially formed earlier this month after Elon Musk's aerospace and defense contractor prevailed in a local election. ...

U.S. foreign tax bill sends jitters across Wall Street
Economy

U.S. foreign tax bill sends jitters across Wall Street

May 30, 2025

Trump's "One Big Beautiful Bill Act," if enshrined into law, could transform the current trade conflict into a capital war,…

Caviar and privacy: Airlines’ business-class wars are here
Economy

Caviar and privacy: Airlines’ business-class wars are here

May 30, 2025

American and United are revamping their international business class ...

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
Economy

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

May 30, 2025

The personal consumption expenditures price index was expected to show a 2.2% annual rate in April. ...

Trump accuses China of violating preliminary trade deal
Economy

Trump accuses China of violating preliminary trade deal

May 30, 2025

The U.S. and China in mid-May agreed to a 90-day suspension on most tariffs after Trump slapped sky-high tariffs on…

Nvidia CEO Jensen Huang explains why chip exports to China are strategically important
Economy

Nvidia CEO Jensen Huang explains why chip exports to China are strategically important

May 29, 2025

In a Wednesday interview with CNBC's Jim Cramer, Nvidia CEO Jensen Huang explained why he thinks it's necessary to export…

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Crypto World

1
Cryptocurrency

Bitcoin rallies to $109.7K but pro traders question BTC’s price momentum

July 3, 2025

Key takeaways:Bitcoin trades near all-time high, but derivatives data show traders remain cautious and uncommitted.The USDT discount in China and spot Bitcoin ETF outflows highlight investor concerns over global trade tensions.Bitcoin (BTC) surged above $109,000…

2
Cryptocurrency

Ripple applies for US banking license, joining crypto rush for legitimacy

July 3, 2025

Crypto firm Ripple Labs is applying for a banking license in the US, following a similar move by stablecoin issuer Circle Internet Group as crypto firms look to be regulated to deepen ties with traditional…

3
Cryptocurrency

BlackRock Bitcoin ETF earns more than its flagship S&P 500 fund

July 3, 2025

BlackRock, the world’s largest asset manager, is now earning more in annual fees from its spot Bitcoin exchange-traded fund than its flagship S&P 500 fund, according to a recent report.“IBIT overtaking IVV in annual fee…

4
Cryptocurrency

First Solana staking ETF hits $12M in ‘healthy’ first trading day

July 3, 2025

The United States’ first Solana staking exchange-traded fund (ETF) ended its debut trading day with $12 million in inflows — a positive sign for crypto staking-enabled ETFs.The REX-Osprey Solana Staking ETF debuted on the Cboe BZX…

Economy

Economy

Microsoft laying off about 9,000 employees in latest round of cuts

July 3, 2025
Economy

Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index

July 3, 2025
Economy

Trump says U.S. struck trade deal with Vietnam that imposes 20% tariff on its imports

July 3, 2025
Economy

House GOP infighting stalls Trump’s tax bill

July 3, 2025
Economy

With June jobs report looming, DOGE government layoffs could start becoming a factor

July 3, 2025
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