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Category: Economy

Reddit shares plunge after Google algorithm change contributes to miss in user numbers
Economy

Reddit shares plunge after Google algorithm change contributes to miss in user numbers

February 13, 2025

Reddit reported better-than-expected results, but the company issued disappointing user numbers. ...

Trump reciprocal tariffs could come by Thursday, White House says
Economy

Trump reciprocal tariffs could come by Thursday, White House says

February 13, 2025

President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday,…

Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’
Economy

Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’

February 13, 2025

Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from…

Elon Musk calls for the U.S. government to delete entire agencies: ‘Remove the roots of the weed’
Economy

Elon Musk calls for the U.S. government to delete entire agencies: ‘Remove the roots of the weed’

February 13, 2025

"I think we do need to delete entire agencies, as opposed to leave part of them behind ... It's kind…

Bank stocks set to do ‘pretty well’ under Trump 2.0, investor says, naming his favorites
Economy

Bank stocks set to do ‘pretty well’ under Trump 2.0, investor says, naming his favorites

February 12, 2025

Investor Kingsley Jones names his favorite investment bank stocks and says "Wall Street, in general, will do quite well" under…

India’s oil minister says ‘we play by the rules,’ as markets weigh U.S. energy sanctions
Economy

India’s oil minister says ‘we play by the rules,’ as markets weigh U.S. energy sanctions

February 12, 2025

"We play by the rules. If there is an international sanction, which is anchored, we would not want to go…

Economy

GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’

February 12, 2025

CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming…

Anduril to take over Microsoft’s $22 billion U.S. Army headset program
Economy

Anduril to take over Microsoft’s $22 billion U.S. Army headset program

February 12, 2025

Anduril Industries will take control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army. ...

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Economy

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

February 12, 2025

Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market…

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Crypto World

1
Cryptocurrency, Markets

XRP price copies 2025 chart fractal that last time sparked 66% gains

May 5, 2026

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive…

2
Cryptocurrency

Bernstein cites $4T tokenized credit opportunity for Figure Technology stock

May 5, 2026

Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond its roots as a fintech lender, according to Bernstein.In a Tuesday…

3
Cryptocurrency

US prosecutors ask for leniency for ex-Celsius exec, citing cooperation

May 5, 2026

Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius.In a Monday letter filed in the US District Court for the Southern District of…

4
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…

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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