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Category: Economy

How the U.S. clean energy boom could go bust if Trump’s ‘big, beautiful bill’ becomes law
Economy

How the U.S. clean energy boom could go bust if Trump’s ‘big, beautiful bill’ becomes law

May 24, 2025

The legislation still has to pass the Senate and changes could still be made. ...

At Trump’s $148 million meme coin dinner, ‘the food sucked’ and security was lax, attendee says
Economy

At Trump’s $148 million meme coin dinner, ‘the food sucked’ and security was lax, attendee says

May 24, 2025

Trump’s meme coin dropped 16% the morning after a black-tie gala for buyers, triggering political backlash that threatens to derail…

Nuclear stocks rally on report Trump will sign executive orders to support industry
Economy

Nuclear stocks rally on report Trump will sign executive orders to support industry

May 23, 2025

The president is scheduled to sign orders in the Oval Office at 1 p.m. ET, according to the White House…

Harvard sues Trump administration over international student enrollment ban
Economy

Harvard sues Trump administration over international student enrollment ban

May 23, 2025

"Without its international students, Harvard is not Harvard," the lawsuit by the private school against the Trump administration says. ...

Goolsbee says Fed now has to wait longer before moving rates because of trade policy uncertainty
Economy

Goolsbee says Fed now has to wait longer before moving rates because of trade policy uncertainty

May 23, 2025

The central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will…

Trump recommends 50% tariff on European Union starting June 1
Economy

Trump recommends 50% tariff on European Union starting June 1

May 23, 2025

President Donald Trump said he is "recommending a straight 50% Tariff on the European Union" after complaining that trade negotiations…

Trump says a 25% tariff ‘must be paid by Apple’ on iPhones not made in the U.S.
Economy

Trump says a 25% tariff ‘must be paid by Apple’ on iPhones not made in the U.S.

May 23, 2025

Shares of Apple were under pressure on Friday after Trump's post on Truth Social. ...

Nike to resume selling directly on Amazon for first time since 2019
Economy

Nike to resume selling directly on Amazon for first time since 2019

May 22, 2025

Nike confirmed to CNBC that its shoes are returning to Amazon. ...

Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue
Economy

Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue

May 22, 2025

The company is a key player in China's hypercompetitive EV market, but has struggled to turn a profit amid rising…

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Crypto World

1
Cryptocurrency

Bitcoin rallies to $109.7K but pro traders question BTC’s price momentum

July 3, 2025

Key takeaways:Bitcoin trades near all-time high, but derivatives data show traders remain cautious and uncommitted.The USDT discount in China and spot Bitcoin ETF outflows highlight investor concerns over global trade tensions.Bitcoin (BTC) surged above $109,000…

2
Cryptocurrency

Ripple applies for US banking license, joining crypto rush for legitimacy

July 3, 2025

Crypto firm Ripple Labs is applying for a banking license in the US, following a similar move by stablecoin issuer Circle Internet Group as crypto firms look to be regulated to deepen ties with traditional…

3
Cryptocurrency

BlackRock Bitcoin ETF earns more than its flagship S&P 500 fund

July 3, 2025

BlackRock, the world’s largest asset manager, is now earning more in annual fees from its spot Bitcoin exchange-traded fund than its flagship S&P 500 fund, according to a recent report.“IBIT overtaking IVV in annual fee…

4
Cryptocurrency

First Solana staking ETF hits $12M in ‘healthy’ first trading day

July 3, 2025

The United States’ first Solana staking exchange-traded fund (ETF) ended its debut trading day with $12 million in inflows — a positive sign for crypto staking-enabled ETFs.The REX-Osprey Solana Staking ETF debuted on the Cboe BZX…

Economy

Economy

Microsoft laying off about 9,000 employees in latest round of cuts

July 3, 2025
Economy

Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index

July 3, 2025
Economy

Trump says U.S. struck trade deal with Vietnam that imposes 20% tariff on its imports

July 3, 2025
Economy

House GOP infighting stalls Trump’s tax bill

July 3, 2025
Economy

With June jobs report looming, DOGE government layoffs could start becoming a factor

July 3, 2025
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