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Category: Economy

Job cuts in October hit highest level for the month in 22 years, Challenger says
Economy

Job cuts in October hit highest level for the month in 22 years, Challenger says

November 6, 2025

Job cuts for October totaled 153,074, a 183% surge from September. ...

OpenAI CFO Sarah Friar says company isn’t seeking government backstop, clarifying prior comment
Economy

OpenAI CFO Sarah Friar says company isn’t seeking government backstop, clarifying prior comment

November 6, 2025

OpenAI CFO Sarah Friar said in a LinkedIn post that the artificial intelligence company is not seeking a government backstop…

Target’s sloppier stores are wearing on shoppers, and its turnaround could hinge on cleaning them up
Economy

Target’s sloppier stores are wearing on shoppers, and its turnaround could hinge on cleaning them up

November 6, 2025

The big-box retailer, which has long relied on stores as fulfillment hubs, is tweaking its approach to try to improve…

FAA announces flight reductions at 40 airports. Here’s what travelers need to know
Economy

FAA announces flight reductions at 40 airports. Here’s what travelers need to know

November 6, 2025

The Federal Aviation Administration announced a reduction across 40 airports beginning Friday. Here's what travelers need to know. ...

Economy

Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups

November 5, 2025

Nvidia will help train and mentor emerging deep tech startups in India as a founding member of a $2 billion…

Democratic candidate Mikie Sherrill wins New Jersey governor’s race, NBC News projects
Economy

Democratic candidate Mikie Sherrill wins New Jersey governor’s race, NBC News projects

November 5, 2025

The New Jersey governor race took place amid a government shutdown, a decline in approval for President Donald Trump and…

SoftBank market cap drops by about $32 billion as Asian AI stocks slide on valuation jitters
Economy

SoftBank market cap drops by about $32 billion as Asian AI stocks slide on valuation jitters

November 5, 2025

The frenzy around AI has sparked concerns that markets could be in the midst of a tech bubble. ...

Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount
Economy

Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount

November 5, 2025

Novo Nordisk is currently locked in a bidding war with Pfizer for U.S. biotech firm Metsera. ...

Democrats win big on Election Night in key races
Economy

Democrats win big on Election Night in key races

November 5, 2025

President Donald Trump said that the reason that Republicans lost big was because he was not on the ballots and…

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Crypto World

1
Cryptocurrency

USX briefly depegs on Solana DEXs before liquidity support restores price

December 26, 2025

USX, a Solana-native US dollar-pegged stablecoin, briefly traded below its peg on decentralized exchanges early Friday after heavy sell pressure overwhelmed available liquidity on Orca and Raydium, prompting issuer Solstice Finance to step in with liquidity…

2
Cryptocurrency

Bitcoin price, onchain flows and global macro: Here’s what changed in 2025

December 26, 2025

Bitcoin’s 2024–2025 price action highlighted a disconnect between improving high-timeframe onchain structure and restrictive macroeconomic conditions. While crypto-native liquidity and supply dynamics strengthened during Bitcoin’s (BTC) 2024 rally, external variables, like elevated real yields and…

3
Cryptocurrency

Aave founder denies buying tokens to influence failed DAO vote

December 26, 2025

Stani Kulechov, the founder and CEO of Aave Labs, the main development company behind the Aave decentralized finance (DeFi) lending protocol, denied claims that he recently purchased $15 million of Aave (AAVE) tokens to influence…

4
Cryptocurrency

Etheruem’s tokenization role takes focus as Tom Lee outlines bullish outlook

December 26, 2025

Ethereum’s growing role in institutional finance took center stage on CNBC’s Power Lunch this week, when Tom Lee, co-founder and head of research at Fundstrat Global Advisors, said Ether could climb to $7,000–$9,000 by early…

Economy

Economy

Google is rolling out a new feature allowing users to change their Gmail address

December 26, 2025
Economy

Over 300,000 student loan borrowers were denied a new repayment plan, court filing shows — here’s why

December 26, 2025
Economy

Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI build-out

December 26, 2025
Economy

Nvidia-Groq deal is structured to keep ‘fiction of competition alive,’ analyst says

December 26, 2025
Economy

Airlines cancel more than 1,400 flights ahead of winter storm. Here’s what to know

December 26, 2025
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