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Economy

Economy

Lululemon cuts guidance, misses sales estimates after botched product launch

August 30, 2024

Lululemon's growth in its largest market, the Americas, has slowed from the highs it saw last year as it contends…

FDA authorizes Novavax’s updated Covid vaccine, paving way for fall rollout
Economy

FDA authorizes Novavax’s updated Covid vaccine, paving way for fall rollout

August 30, 2024

The decision comes only a week after it approved a new round of messenger RNA shots from Pfizer and Moderna,…

Vance grilled on high cost of Trump’s new IVF plan
Economy

Vance grilled on high cost of Trump’s new IVF plan

August 30, 2024

Vance was grilled about how Donald Trump would pay for his new plan to make the government or private insurers…

Alibaba shares rise after it completes three-year regulatory overhaul
Economy

Alibaba shares rise after it completes three-year regulatory overhaul

August 30, 2024

Alibaba has completed a three-year regulatory "rectification" process after an antitrust fine it received in 2021, China's market regulator said…

Intel working with bankers to present board with strategic options, sending shares up 8%
Economy

Intel working with bankers to present board with strategic options, sending shares up 8%

August 30, 2024

The advisors are likely to present their findings to Intel's full board in September, with a variety of options including…

Where are low-cost airlines cutting back now? New planes
Economy

Where are low-cost airlines cutting back now? New planes

August 30, 2024

Some discount and low-cost airlines are looking to put off big expenses on ...

The Fed’s favorite inflation indicator increased 0.2% in July, as expected
Economy

The Fed’s favorite inflation indicator increased 0.2% in July, as expected

August 30, 2024

The PCE price index was expected to rise 0.2% in July and 2.5% from a year ago, according to the…

Economy

Nvidia shares fall despite earnings beating estimates

August 29, 2024

Nvidia shares fell on Thursday despite its fiscal second-quarter results beating estimates. ...

Dollar General shares crater 25% as retailer cuts outlook, blaming ‘financially constrained’ customers
Economy

Dollar General shares crater 25% as retailer cuts outlook, blaming ‘financially constrained’ customers

August 29, 2024

The discount retailer slashed its guidance for full-year same-store sales and profit. ...

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Crypto World

1
Cryptocurrency

Fed proposes new capital, redemption rules for stablecoin issuers

September 25, 2026

The Federal Reserve has proposed capital, redemption and other regulatory requirements for stablecoin issuers under its supervision as it moves to implement the GENIUS Act.The GENIUS Act already requires stablecoin issuers to maintain reserves backing…

2
Cryptocurrency

Asia dominates Crypto Adoption Index, Bitget’s $351M hack: Asia Express

September 25, 2026

Asian countries account for almost half of Adoption IndexAlmost half of the top 20 nations in terms of grassroots crypto adoption are in the Asia Pacific region. According to Chainalysis’s newly released 2026 Global Crypto…

3
Cryptocurrency

Bitget CEO suspects North Korea behind $352M hack, citing IP clues

September 25, 2026

Bitget CEO Gracy Chen said North Korean hackers may be behind the exchange’s $351.6 million security breach on Thursday, citing preliminary findings linking IP addresses to VPN services used by a North Korean group. Speaking during…

4
Cryptocurrency

Winners and losers of the SEC’s new tokenized stocks rules

September 23, 2026

“Tokenization is coming to America,” said Robinhood chief executive Vlad Tenev after the SEC announced its Innovation Exemption last week — and it seems the markets looked kindly on the development.BTC and ETH soared over…

Economy

Economy

Trump, Xi to attend state dinner after White House meeting

September 25, 2026
Economy

Senate narrowly votes down resolution calling for end to Iran war

September 25, 2026
Economy

McDonald’s CEO expects high inflation, flat traffic are not going away for restaurant industry

September 23, 2026
Economy

Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%

September 23, 2026
Economy

10-year Treasury yield leaps to fresh 19-year high after hot economic readings

September 23, 2026
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