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Category: Economy

Volkswagen and Stellantis evade Trump’s 25% tariffs, while BMW braces for impact
Economy

Volkswagen and Stellantis evade Trump’s 25% tariffs, while BMW braces for impact

March 10, 2025

Some European car manufacturers may be able to avoid new U.S. tariffs, at least temporarily. ...

Kugler says Fed should hold interest rates amid inflation risks
Economy

Kugler says Fed should hold interest rates amid inflation risks

March 10, 2025

Inflation could continue to be 'persistent' and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC's Silvia…

Energy Secretary Chris Wright vows to reverse Biden climate policies, says renewables can’t replace natural gas
Economy

Energy Secretary Chris Wright vows to reverse Biden climate policies, says renewables can’t replace natural gas

March 10, 2025

"The Trump administration will end the Biden administration's irrational, quasi-religious policies," Wright said at the CERAWeek by S&P Global energy…

Here’s why banks don’t want the CFPB to disappear
Economy

Here’s why banks don’t want the CFPB to disappear

March 10, 2025

The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.…

Trump rejects pleas from business for more clarity on tariffs: ‘They always say that’
Economy

Trump rejects pleas from business for more clarity on tariffs: ‘They always say that’

March 10, 2025

Trump and his aides warned amid the tariff controversy that Americans could be in store for some temporary economic strain…

These accounts can be the ‘worst possible asset’ for retirement, expert says. Here’s why
Economy

These accounts can be the ‘worst possible asset’ for retirement, expert says. Here’s why

March 9, 2025

Many investors don't plan for future taxes when contributing to traditional IRAs. Here are the key things to know. ...

China to impose retaliatory tariffs on some Canadian products as trade war heats up
Economy

China to impose retaliatory tariffs on some Canadian products as trade war heats up

March 9, 2025

China on Saturday announced retaliatory tariffs on Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made EVs.…

Economy

‘We don’t believe in the velvet rope:’ One money manager is giving retail investors access to private credit. But is it worth it?

March 9, 2025

The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit. ...

China’s consumer inflation turns negative for the first time in 13 months
Economy

China’s consumer inflation turns negative for the first time in 13 months

March 9, 2025

The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's…

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Crypto World

1
Cryptocurrency

Is Bitcoin about to go parabolic? BTC price targets include $160K next

May 9, 2025

Key points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest…

2
Cryptocurrency

AI's GPU obsession blinds us to a cheaper, smarter solution

May 9, 2025

Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense…

3
Cryptocurrency

Chance of Bitcoin price highs above $110K in May increasing — Here’s why

May 9, 2025

Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering…

4
Cryptocurrency

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

May 9, 2025

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on…

Economy

Economy

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

May 9, 2025
Economy

Trump backs tax hike on the rich, but says GOP ‘probably’ shouldn’t do it

May 9, 2025
Economy

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

May 9, 2025
Economy

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 9, 2025
Economy

Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks

May 9, 2025
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