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Category: Economy

Economy

Novo Nordisk shares plunge 20% after Wegovy maker names new CEO, cuts full-year guidance

July 29, 2025

Danish pharmaceutical giant Novo Nordisk on Tuesday named its new CEO and cut its full-year sales and profit guidance. ...

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator
Economy

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator

July 28, 2025

A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of Trump's new trade…

Economy

‘He’s showing up.’ Things are getting better at Boeing under CEO Ortberg. Can he keep it going?

July 28, 2025

Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago when it reports earnings…

Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms
Economy

Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms

July 28, 2025

The lawmaker's comments underscore the divisions within the Republican Party over the files relating to Jeffrey Epstein. ...

Trump announces EU trade deal with 15% tariffs
Economy

Trump announces EU trade deal with 15% tariffs

July 28, 2025

President Donald Trump and European Commission President Ursula von der Leyen met for a pivotal discussion before Trump's Aug 1.…

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung
Economy

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung

July 28, 2025

Samsung Electronics shares opened 3.5% higher after the company disclosed the contract to supply semiconductors to a major global corporation.…

Tesla investors are growing wary of Elon Musk’s futuristic promises
Economy

Tesla investors are growing wary of Elon Musk’s futuristic promises

July 26, 2025

Tesla shares plummeted as CEO Elon Musk's promises for robotaxis failed to excite investors following another disappointing earnings report. ...

Trump’s trade deals and tariffs are on the chopping block in court. What happens next
Economy

Trump’s trade deals and tariffs are on the chopping block in court. What happens next

July 26, 2025

Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused "reciprocal" tariffs are…

China releases AI action plan days after the U.S. as global tech race heats up
Economy

China releases AI action plan days after the U.S. as global tech race heats up

July 26, 2025

China on Saturday released a global action plan for artificial intelligence that called for international cooperation on tech development and…

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Crypto World

1
Cryptocurrency

Bitcoin price gains 8% as September 2025 on track for best in 13 years

September 17, 2025

Key points:Bitcoin is bucking seasonality trends by adding 8%, making this September its best since 2012.September 2025 would need to see 20% upside to become Bitcoin’s strongest ever.BTC price volatility is at levels rarely seen…

2
Cryptocurrency

Metaplanet expands Bitcoin strategy with new US, Japan units

September 17, 2025

Metaplanet, the Japanese hospitality and real estate group turned Bitcoin treasury company, is ramping up its crypto strategy with the launch of two new subsidiaries, one in the US and one in Japan.In a Wednesday…

3
Cryptocurrency

Privacy is ‘constant battle’ between blockchain stakeholders and state

September 17, 2025

Blockchain industry participants and regulators continue wrangling over privacy rights as the European Union’s sweeping Anti-Money Laundering (AML) rules look set to ban privacy-preserving tokens and anonymous crypto accounts starting in 2027.Credit institutions, financial institutions…

4
Cryptocurrency

Hodling in 2025: The most widely used Bitcoin strategy, explained

September 5, 2025

What is hodling crypto? Hodling crypto means holding onto cryptocurrency long-term instead of selling, regardless of market volatility.In 2013, a late-night forum post on Bitcointalk was titled “I AM HODLING.” The user, clearly frustrated with market…

Economy

Economy

Ben & Jerry’s co-founder Jerry Greenfield quits over social activism row with Unilever

September 17, 2025
Economy

Alibaba’s shares jump after it lands a major customer for its AI chips

September 17, 2025
Economy

Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture

September 17, 2025
Economy

Sen. Warren presses Trump AI and crypto czar Sacks on whether he’s overstayed his job

September 17, 2025
Economy

Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply

September 17, 2025
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