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Economy

Economy

Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports

May 1, 2025

In its policy decision, the central bank highlighted that it will continue to raise its policy rate "if our economic…

Auto giants ditch financial guidance as industry reels from Trump tariff chaos
Economy

Auto giants ditch financial guidance as industry reels from Trump tariff chaos

May 1, 2025

The corporate updates come shortly after Trump imposed a 25% tariff on automotive imports into the U.S. earlier in the…

Microsoft passes its first test on U.S. tariffs with limited product exposure
Economy

Microsoft passes its first test on U.S. tariffs with limited product exposure

May 1, 2025

If rising costs do push businesses to boost efficiency, Microsoft, with its Copilot artificial intelligence assistant, could be helpful, CEO…

Court finds Apple, executive lied under oath in Epic Games trial
Economy

Court finds Apple, executive lied under oath in Epic Games trial

May 1, 2025

Apple willfully violated and ignored a 2021 decision that came out of the Epic Games case, Judge Yvonne Gonzalez Rogers…

Meta says China retailers are reducing digital ad spend
Economy

Meta says China retailers are reducing digital ad spend

May 1, 2025

Chinese online retailers have cut back their spending on Facebook and Instagram ads in reaction to President Donald Trump's tough…

JetBlue to partner with another U.S. airline in the coming weeks, president says
Economy

JetBlue to partner with another U.S. airline in the coming weeks, president says

April 29, 2025

JetBlue plans to partner with a U.S. carrier in the coming weeks. ...

Economy

Trump complained to Bezos before Amazon said it scrapped idea to display tariff cost

April 29, 2025

Amazon founder Jeff Bezos has cozied up to President Donald Trump since the Republican won a second White House term.…

Starbucks earnings miss, but coffee chain says it’s seeing ‘momentum’ with turnaround
Economy

Starbucks earnings miss, but coffee chain says it’s seeing ‘momentum’ with turnaround

April 29, 2025

Shares of Starbucks have fallen 8% this year, as investors worry about tariffs and how they will affect consumer spending.…

Snap plunges 11% on ‘headwinds’ to start quarter, inability to offer guidance
Economy

Snap plunges 11% on ‘headwinds’ to start quarter, inability to offer guidance

April 29, 2025

Snap did not offer an outlook for the second quarter, citing macroeconomic uncertainties. ...

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Crypto World

1
Cryptocurrency

North Korea denies role in $6.3B Binance hack, points finger at US

November 3, 2026

Kim Yo Jong, the sister of North Korean leader Kim Jong Un, denied North Korea’s involvement in the $6.3 billion Binance hack and appeared to suggest, without evidence, that the US could have been behind…

2
Cryptocurrency

South Korea urges exchanges to boost cold storage after Binance hack

November 3, 2026

South Korea’s Financial Services Commission has urged domestic crypto exchanges to increase the proportion of assets held in cold wallets after the $6.3 billion attack on Binance last week. In a statement Monday, the FSC said…

3
Cryptocurrency

Binance begins second withdrawal phase following record hack

November 3, 2026

Binance plans to begin a second phase of cryptocurrency withdrawals on Tuesday following last week’s $6.3 billion hack.Withdrawals for additional assets are scheduled to resume progressively from 04:00 UTC on Tuesday, according to Binance’s latest…

4
Cryptocurrency

FBI blames North Korea for record $6.3B Binance hack

November 1, 2026

The FBI said that the Democratic People’s Republic of Korea (North Korea) was responsible for the theft of about $6.3 billion in digital assets from cryptocurrency exchange Binance on Thursday.The FBI said on Saturday in…

Economy

Economy

North Korea denies links to Binance hack as researchers trace stolen billions

November 3, 2026
Economy

OpenAI hires former U.S. Army Secretary Dan Driscoll for national security role

November 3, 2026
Economy

Palantir reports booming U.S. commercial revenue growth, topping government for first time

November 3, 2026
Economy

Binance resumes withdrawals following $6.3 billion hack, says 90% of stolen user assets are covered

November 1, 2026
Economy

Why AI is boosting Meta’s ad business while hurting Google search

November 1, 2026
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