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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

BitFuFu cuts self-mined Bitcoin in 2025, shifts focus to cloud mining

March 20, 2026

BitFuFu’s 2025 results showed a sharp shift in its business mix, with cloud mining overtaking self-mining as the company’s main revenue driver.The Singapore-based Bitcoin (BTC) miner reported $475.8 million in revenue for 2025, up 2.7%…

2
Cryptocurrency

What happens to Bitcoin if oil price hits $180 per barrel?

March 20, 2026

Bitcoin (BTC) has outperformed US equities and gold since the US and Israel’s attack on Iran on Feb. 28, underscoring its strength amid one of the year’s biggest geopolitical shocks.However, BTC’s rally may face a…

3
Cryptocurrency

Market analyst sees further Bitcoin downside, flags $60K as key level

March 20, 2026

In the latest Cointelegraph interview, professional trader Alessio Rastani warns that Bitcoin could fall below $60,000 before a meaningful bottom forms.Professional trader Alessio Rastani is back with a fresh market update, and the key question…

4
Cryptocurrency

Retail tripled gold buying in last 6 months as Wall Street sells

March 19, 2026

Retail gold purchases have tripled over the last six months, while Wall Street selling has accelerated over the past four months, according to data from the Bank for International Settlements (BIS).“Retail-driven exuberance,” increasingly channeled through…

Economy

Economy

Trump admin unveils national AI policy framework to limit state power

March 20, 2026
Economy

Tim Cook’s China visit reinforces country’s importance to Apple as global frictions rise

March 20, 2026
Economy

Super Micro shares tank 25% after employees charged with smuggling Nvidia chips to China

March 20, 2026
Economy

Fed holds interest rates steady — here’s what that means for consumers

March 19, 2026
Economy

Micron revenue almost triples, tops estimates as demand for memory soars

March 19, 2026
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