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Category: Economy

Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Economy

Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm

March 17, 2025

The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world's biggest BNPL players, just as…

Retail sales increased 0.2% in February, though spending up less than expected
Economy

Retail sales increased 0.2% in February, though spending up less than expected

March 17, 2025

Retail sales were expected to show a 0.6% rise in February, according to the Dow Jones consensus estimate. ...

From Polaroid to vinyl, Gen Z is making retro tech one of 2025’s biggest trends: ‘These things just have more value’
Economy

From Polaroid to vinyl, Gen Z is making retro tech one of 2025’s biggest trends: ‘These things just have more value’

March 16, 2025

Young people are looking to unplug now more than ever before. ...

Goldman Sachs offers its newest option for downside protection in volatile markets
Economy

Goldman Sachs offers its newest option for downside protection in volatile markets

March 16, 2025

Goldman Sachs Asset Management launched its newest buffer exchange-traded fund this month. ...

After Elon Musk’s Delaware exit, state lawmakers weigh bill to overhaul corporate law
Economy

After Elon Musk’s Delaware exit, state lawmakers weigh bill to overhaul corporate law

March 16, 2025

Delaware lawmakers are considering a bill that aims to make the state attractive to investors and executives. ...

Economy

Goodbye to ‘bags fly free’ on Southwest Airlines, the last freebie in America

March 16, 2025

Southwest's customer-focused business model won it a loyal following during its half-century of flying. ...

Trump administration sends a clear message to the oil and gas industry: ‘You’re the customer’
Economy

Trump administration sends a clear message to the oil and gas industry: ‘You’re the customer’

March 16, 2025

The officials leading Trump's energy agenda downplayed climate change and called for more energy production to support economic growth and…

Trump CMS nominee Dr. Oz won’t commit to opposing Medicaid cuts
Economy

Trump CMS nominee Dr. Oz won’t commit to opposing Medicaid cuts

March 14, 2025

President Donald Trump has promised to preserve Medicaid and other federal safety-net programs. ...

David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says
Economy

David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says

March 14, 2025

The White House memo revealed that AI and Crypto Czar David Sacks divested over $200 million in digital asset-related investments.…

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Crypto World

1
Cryptocurrency

G7 summit could discuss North Korea’s crypto hacks: Report

May 8, 2025

Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month.Conflicts in Ukraine and Gaza will dominate discussions, but North Korea’s increasing cyber threats…

2
Cryptocurrency

US banks can handle customer crypto assets held in custody, regulator confirms

May 8, 2025

The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said…

3
Cryptocurrency

Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm

May 8, 2025

David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named…

4
Cryptocurrency

60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked

May 8, 2025

Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel. The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could…

Economy

Economy

Apple says Epic Games contempt ruling could cost ‘substantial sums’

May 8, 2025
Economy

Trump crypto advisor David Bailey launching $300 million bitcoin investment company

May 8, 2025
Economy

UK set to become the first country to sign a trade deal with U.S., The New York Times reports

May 8, 2025
Economy

Trump digs in on high China tariffs ahead of trade talks

May 8, 2025
Economy

Fed holds rates steady as it notes rising uncertainty and stagflation risk

May 8, 2025
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