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Category: Economy

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon
Economy

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon

February 21, 2025

The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown…

Apple unveils cheaper iPhone 16e powerful enough to run AI
Economy

Apple unveils cheaper iPhone 16e powerful enough to run AI

February 20, 2025

The new iPhone is called iPhone 16e, and it will retail for $599 when it goes on sale later this…

Walmart will report earnings before the bell. Here’s what to expect
Economy

Walmart will report earnings before the bell. Here’s what to expect

February 20, 2025

Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income…

Trump says he’s weighing giving 20% of DOGE savings to Americans
Economy

Trump says he’s weighing giving 20% of DOGE savings to Americans

February 20, 2025

President Donald Trump revealed Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency…

Carvana expects another ‘strong’ year after topping fourth-quarter expectations
Economy

Carvana expects another ‘strong’ year after topping fourth-quarter expectations

February 20, 2025

Carvana topped Wall Street's top- and bottom-line expectations for the fourth quarter, while guiding for another "strong" year in 2025.…

Economy

Chinese giant Alibaba posts profit and revenue beat in December quarter amid strength in cloud unit

February 20, 2025

Chinese e-commerce titan Alibaba on Thursday beat expectations on top and bottom line in its December quarter, citing the strength ongoing strength…

This lesser-known tax strategy could help to reduce capital gains on your home sale
Economy

This lesser-known tax strategy could help to reduce capital gains on your home sale

February 19, 2025

Selling your home can trigger capital gains taxes, but there are ways to reduce or eliminate your bill, experts say.…

China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation
Economy

China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation

February 19, 2025

DeepSeek founder Liang has received the lion's share of media attention in recent weeks as his AI assistant ascended to…

Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’
Economy

Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’

February 19, 2025

Pershing Square's Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a "modern-day" Berkshire Hathaway. ...

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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

Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models

May 5, 2026
Economy

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

May 5, 2026
Economy

Intel soars 14% on report of Apple chip talks, hits new all-time high

May 5, 2026
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
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