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Category: Economy

UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
Economy

UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months

February 21, 2025

It extends a tumultuous period for UnitedHealth marked by the killing of a top executive, a costly cyberattack against its…

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon
Economy

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon

February 21, 2025

The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown…

Apple unveils cheaper iPhone 16e powerful enough to run AI
Economy

Apple unveils cheaper iPhone 16e powerful enough to run AI

February 20, 2025

The new iPhone is called iPhone 16e, and it will retail for $599 when it goes on sale later this…

Walmart will report earnings before the bell. Here’s what to expect
Economy

Walmart will report earnings before the bell. Here’s what to expect

February 20, 2025

Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income…

Trump says he’s weighing giving 20% of DOGE savings to Americans
Economy

Trump says he’s weighing giving 20% of DOGE savings to Americans

February 20, 2025

President Donald Trump revealed Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency…

Carvana expects another ‘strong’ year after topping fourth-quarter expectations
Economy

Carvana expects another ‘strong’ year after topping fourth-quarter expectations

February 20, 2025

Carvana topped Wall Street's top- and bottom-line expectations for the fourth quarter, while guiding for another "strong" year in 2025.…

Economy

Chinese giant Alibaba posts profit and revenue beat in December quarter amid strength in cloud unit

February 20, 2025

Chinese e-commerce titan Alibaba on Thursday beat expectations on top and bottom line in its December quarter, citing the strength ongoing strength…

This lesser-known tax strategy could help to reduce capital gains on your home sale
Economy

This lesser-known tax strategy could help to reduce capital gains on your home sale

February 19, 2025

Selling your home can trigger capital gains taxes, but there are ways to reduce or eliminate your bill, experts say.…

China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation
Economy

China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation

February 19, 2025

DeepSeek founder Liang has received the lion's share of media attention in recent weeks as his AI assistant ascended to…

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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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