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Category: Economy

Economists take issue with Trump’s tariff formula, arguing rate is inflated
Economy

Economists take issue with Trump’s tariff formula, arguing rate is inflated

April 6, 2025

The formula the Trump administration used to calculate his tariffs is bewildering economists. ...

Economy

How Trump’s tariffs rollout turned into stock market mayhem

April 6, 2025

What's happened is something worse than the worst-case scenario. ...

Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs
Economy

Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs

April 6, 2025

With the Nasdaq closing its worst week since the Covid pandemic and several tech companies delaying IPOs, Silicon Valley's Trump…

Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market
Economy

Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market

April 4, 2025

Warren Buffett went on the record to deny social media posts shared by Trump that included a false endorsement from…

Klarna, StubHub delay IPOs as Trump’s tariffs roil markets
Economy

Klarna, StubHub delay IPOs as Trump’s tariffs roil markets

April 4, 2025

Klarna and StubHub are delaying plans to go public after President Donald Trump's sweeping tariff announcement sent shockwaves through the…

Nintendo delays Switch 2 pre-orders because of Trump tariffs
Economy

Nintendo delays Switch 2 pre-orders because of Trump tariffs

April 4, 2025

Pre-orders of the new Nintendo console were supposed to start next week. ...

Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia
Economy

Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia

April 4, 2025

Technology stocks fell for a second day Friday as retaliatory tariffs from China fueled fears of a global trade war.…

Powell sees tariffs raising inflation and says Fed will wait before further rate moves
Economy

Powell sees tariffs raising inflation and says Fed will wait before further rate moves

April 4, 2025

Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced Wednesday ...

DeepSeek AI excitement spills over to Hong Kong’s IPO market
Economy

DeepSeek AI excitement spills over to Hong Kong’s IPO market

April 3, 2025

Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to…

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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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