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Category: Economy

Economy

Trump says ‘very good chance’ of Ukraine ceasefire while Russia keeps caveats

March 14, 2025

Russia struck a sedate tone Friday but acknowledged grounds for cautious optimism, after only backing the "idea" of a U.S.-brokered…

‘America is not Canada,’ new Prime Minister Mark Carney says in rebuke to Trump
Economy

‘America is not Canada,’ new Prime Minister Mark Carney says in rebuke to Trump

March 14, 2025

President Donald Trump since his second White House term began has said Canada, Greenland and the Panama Canal should become…

Economy

U.S. consumers are starting to crack as tariffs add to inflation, recession concerns

March 14, 2025

Airline and retail executives are bracing for a slowdown in demand amid concerns tariffs will cut down consumer spending. ...

‘Volatility and conflict’: Business leaders sound warnings over Trump’s tariffs
Economy

‘Volatility and conflict’: Business leaders sound warnings over Trump’s tariffs

March 13, 2025

Ray Dalio warned of "fighting" between countries over tariffs, while Marc Benioff said reciprocity needs to be consistent or risk…

Fed rate cuts could ward off a serious recession, Jim Cramer says
Economy

Fed rate cuts could ward off a serious recession, Jim Cramer says

March 13, 2025

CNBC's Jim Cramer analyzed Wednesday's market action. ...

Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Economy

Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

March 13, 2025

Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's…

Ferrari CEO says automaker is doing ‘scenario planning’ to counter potential impact of tariffs
Economy

Ferrari CEO says automaker is doing ‘scenario planning’ to counter potential impact of tariffs

March 13, 2025

"We are watching what's going to happen in the next month, next weeks," said the Ferrari CEO at CONVERGE LIVE.…

Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%
Economy

Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%

March 13, 2025

Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the…

Asia-Pacific markets trade mixed on tariff uncertainty and recession fears in the U.S.
Economy

Asia-Pacific markets trade mixed on tariff uncertainty and recession fears in the U.S.

March 12, 2025

Economists polled by Reuters expect India's inflation rate to slow to 3.98% in February from 5.68% in January. ...

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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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