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Category: Economy

David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says
Economy

David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says

March 14, 2025

The White House memo revealed that AI and Crypto Czar David Sacks divested over $200 million in digital asset-related investments.…

Economy

Trump says ‘very good chance’ of Ukraine ceasefire while Russia keeps caveats

March 14, 2025

Russia struck a sedate tone Friday but acknowledged grounds for cautious optimism, after only backing the "idea" of a U.S.-brokered…

‘America is not Canada,’ new Prime Minister Mark Carney says in rebuke to Trump
Economy

‘America is not Canada,’ new Prime Minister Mark Carney says in rebuke to Trump

March 14, 2025

President Donald Trump since his second White House term began has said Canada, Greenland and the Panama Canal should become…

Economy

U.S. consumers are starting to crack as tariffs add to inflation, recession concerns

March 14, 2025

Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending. ...

‘Volatility and conflict’: Business leaders sound warnings over Trump’s tariffs
Economy

‘Volatility and conflict’: Business leaders sound warnings over Trump’s tariffs

March 13, 2025

Ray Dalio warned of "fighting" between countries over tariffs, while Marc Benioff said reciprocity needs to be consistent or risk…

Fed rate cuts could ward off a serious recession, Jim Cramer says
Economy

Fed rate cuts could ward off a serious recession, Jim Cramer says

March 13, 2025

CNBC's Jim Cramer analyzed Wednesday's market action. ...

Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Economy

Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

March 13, 2025

Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's…

Ferrari CEO says automaker is doing ‘scenario planning’ to counter potential impact of tariffs
Economy

Ferrari CEO says automaker is doing ‘scenario planning’ to counter potential impact of tariffs

March 13, 2025

"We are watching what's going to happen in the next month, next weeks," said the Ferrari CEO at CONVERGE LIVE.…

Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%
Economy

Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%

March 13, 2025

Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the…

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Crypto World

1
Cryptocurrency

CFTC sees mixed responses to prediction market rulemaking

May 4, 2026

The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s…

2
Cryptocurrency

Bitcoin climbs past $80K for the first time since January

May 4, 2026

Bitcoin breached $80,000 on Monday, rising 2.7% over a three-hour span as Asian equities began trading, marking its highest price since Jan. 31, 2026.The Bitcoin rally began at 1:25 am UTC, rising from $78,415 to…

3
Cryptocurrency

US law firm attempts to block transfer of frozen ETH from Kelp exploit

May 4, 2026

A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are owed over $877 million in compensation and damages by North…

4
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

Economy

Economy

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

May 4, 2026
Economy

Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition

May 4, 2026
Economy

Meme stock GameStop makes $56 billion offer for eBay in bid to rival Amazon

May 4, 2026
Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
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