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Category: Economy

FAA clears SpaceX for another Starship test flight after explosion in January
Economy

FAA clears SpaceX for another Starship test flight after explosion in January

February 28, 2025

SpaceX has attained authorization from regulators to fly its massive Starship rocket once again, the FAA announced on Friday. ...

Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
Economy

Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say

February 28, 2025

Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum…

The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
Economy

The first quarter is on track for negative GDP growth, Atlanta Fed indicator says

February 28, 2025

The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by…

Full Video: Trump-Zelenskyy Oval Office meeting explodes into shouting match
Economy

Full Video: Trump-Zelenskyy Oval Office meeting explodes into shouting match

February 28, 2025

President Donald Trump and Vice President JD Vance argued with Ukraine President Volodymyr Zelenskyy, with Vance accusing Zelenskyy of disrespect.…

FDA cancels vaccine advisory meeting for choosing flu strains for next season’s shots
Economy

FDA cancels vaccine advisory meeting for choosing flu strains for next season’s shots

February 27, 2025

It comes as RFK Jr., a vaccine skeptic who now leads the Department of Health and Human Services, makes moves…

Economy

The Federal Reserve’s favorite recession indicator is flashing a danger sign again

February 27, 2025

The 10-year yield fell below that of the 3-month note, marking an "inverted yield curve" that has a sterling recession…

Salesforce misses on revenue, issues disappointing guidance
Economy

Salesforce misses on revenue, issues disappointing guidance

February 27, 2025

Salesforce missed analysts' expectations for quarterly revenue in its top two categories. ...

Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
Economy

Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.

February 27, 2025

U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed…

Nvidia’s auto segment revenue surges to record high on demand for driver-assist tech
Economy

Nvidia’s auto segment revenue surges to record high on demand for driver-assist tech

February 27, 2025

U.S. chipmaker Nvidia's auto segment revenue doubled in the latest quarter to its highest on record as demand for driver-assist…

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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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