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Category: Economy

Elon Musk is $26 billion richer after Tesla’s best day on the stock market since 2013
Economy

Elon Musk is $26 billion richer after Tesla’s best day on the stock market since 2013

October 24, 2024

Tesla shares soared 22% on Thursday, lifting the world's richest person's net worth by roughly $26 billion. ...

French trader bet over $28 million on Trump election win using 4 Polymarket accounts
Economy

French trader bet over $28 million on Trump election win using 4 Polymarket accounts

October 24, 2024

Supporters of Donald Trump, including Elon Musk, have touted shifting election odds on Polymarket even as polls largely show a…

Tesla stock soars 22% for best day in over a decade on Musk’s 2025 growth projection
Economy

Tesla stock soars 22% for best day in over a decade on Musk’s 2025 growth projection

October 24, 2024

Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings. ...

Judge blocks Coach owner Tapestry’s proposed acquisition of Michael Kors parent Capri
Economy

Judge blocks Coach owner Tapestry’s proposed acquisition of Michael Kors parent Capri

October 24, 2024

The FTC sued to block the merger between Tapestry and Capri, arguing it would harm consumers and employees. ...

Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
Economy

Mortgage demand drops to its lowest level since July, as interest rates return to summer highs

October 23, 2024

Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since July ...

McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders
Economy

McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders

October 23, 2024

The CDC said an E. coli outbreak linked to McDonald's Quarter Pounder burgers has led to 10 hospitalizations and one…

Warren Buffett — worried about impersonators — says he doesn’t endorse candidates or investments
Economy

Warren Buffett — worried about impersonators — says he doesn’t endorse candidates or investments

October 23, 2024

Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram. ...

New Boeing CEO sets sights on ‘leaner’ future as quarterly loss tops $6 billion
Economy

New Boeing CEO sets sights on ‘leaner’ future as quarterly loss tops $6 billion

October 23, 2024

Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense…

Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Economy

Coca-Cola tops earnings estimates, as higher prices offset sluggish demand

October 23, 2024

Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion. ...

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Crypto World

1
Cryptocurrency

CZ pardon was considered with ‘utmost seriousness,’ White House says

November 5, 2025

The White House carefully considered Binance founder Changpeng Zhao’s pardon and went through the standard processes before sending it to President Donald Trump for his approval, says White House press secretary Karoline Leavitt.Trump defended the…

2
Cryptocurrency

ZKsync creator floats governance token revamp to add ‘economic utility’

November 5, 2025

The co-creator of the Ethereum-scaling solution ZKsync has proposed a major overhaul of its governance token, arguing it should prioritize “economic utility.”In a post on Tuesday to the ZKsync forum, Alex Gluchowski argued that while…

3
Cryptocurrency

Strategy won’t face Bitcoin liquidation in the next bear market: Willy Woo

November 5, 2025

Michael Saylor’s Strategy (MSTR) won’t have to sell off part of its Bitcoin stash to cover its debt in the next significant crypto market downturn, according to Bitcoin analyst Willy Woo.“MSTR liquidation in the next…

4
Cryptocurrency

Crypto exchange Gemini eyes integrating prediction markets: Report

November 5, 2025

Crypto exchange Gemini Space Station Inc. is reportedly preparing to enter the prediction markets arena, following similar moves by the likes of Coinbase and MetaMask in recent months.Gemini is looking to enter the prediction markets…

Economy

Economy

Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups

November 5, 2025
Economy

Democratic candidate Mikie Sherrill wins New Jersey governor’s race, NBC News projects

November 5, 2025
Economy

SoftBank market cap drops by about $32 billion as Asian AI stocks slide on valuation jitters

November 5, 2025
Economy

Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount

November 5, 2025
Economy

Democrats win big on Election Night in key races

November 5, 2025
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