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Category: Economy

Italy’s ‘Trump whisperer’ Giorgia Meloni to meet U.S. president amid trade standoff with Europe
Economy

Italy’s ‘Trump whisperer’ Giorgia Meloni to meet U.S. president amid trade standoff with Europe

April 17, 2025

Meloni's visit to Washington makes her the first European leader to meet the president since he announced tariffs on European…

Nvidia says it follows export laws ‘to the letter’ a day after AI chip sales to China stopped
Economy

Nvidia says it follows export laws ‘to the letter’ a day after AI chip sales to China stopped

April 17, 2025

Nvidia said in a statement that its exports help alleviate the U.S. trade deficit. ...

Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet
Economy

Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet

April 17, 2025

Canceled freight vessel sailings from China are up and will ripple through the supply chain as the trade war impact…

China targets U.S. services and other areas as it decries ‘meaningless’ tariff hikes on goods
Economy

China targets U.S. services and other areas as it decries ‘meaningless’ tariff hikes on goods

April 17, 2025

Beijing has wielded a wide range of punitive measures in recent days to strike back at Washington, including steps targeting…

Amazon emails sellers to gauge how Trump’s tariffs are impacting their businesses
Economy

Amazon emails sellers to gauge how Trump’s tariffs are impacting their businesses

April 15, 2025

Amazon asked third-party sellers how the "current U.S. tariff situation" has affected sourcing and pricing, logistics and plans to ship…

OpenAI considering its own social network to compete with Elon Musk’s X
Economy

OpenAI considering its own social network to compete with Elon Musk’s X

April 15, 2025

OpenAI is considering building a social network to compete with Elon Musk's X and Meta's Instagram, a source familiar with…

Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial
Economy

Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial

April 15, 2025

Meta CEO Mark Zuckerberg considered spinning out Instagram in 2018, according to an email presented Tuesday in the FTC's antitrust…

20,000 IRS employees interested in deferred resignation offer as tax deadline looms
Economy

20,000 IRS employees interested in deferred resignation offer as tax deadline looms

April 15, 2025

The Trump administration has offered buyouts across the government in a bid to dramatically shrink the size of the federal…

United Airlines gives two 2025 profit outlooks calling economy ‘impossible’ to predict
Economy

United Airlines gives two 2025 profit outlooks calling economy ‘impossible’ to predict

April 15, 2025

United said a deterioration in bookings could lead it to lower its 2025 outlook to $7 to $9 a share…

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Crypto World

1
Cryptocurrency

CoreWeave’s Core Scientific acquisition sparks analyst doubts as stock dips

July 8, 2025

Shares of CoreWeave (CRWV) opened lower on Tuesday as analysts questioned whether the company’s recent acquisition of Core Scientific (CORZ) would contribute meaningfully to its bottom line.CRWV stock was down 3.6% after the opening bell,…

2
Cryptocurrency

Japanese company moves to align CEO with Bitcoin strategy, full salary goes to BTC

July 8, 2025

Takashi Tashiro, the new CEO of Tokyo-based energy company Remixpoint, will be paid in Bitcoin as part of stated efforts to be “in the same boat” as shareholders, the company said in a statement on…

3
Cryptocurrency

Bitcoin news update: BTC range tightening hints at price break to new highs

July 8, 2025

Key point:Bitcoin is finding support at $107,245, showing investor sentiment remains positive, and every minor dip is being purchased.Bitcoin (BTC) is attempting to bounce off the moving averages, indicating buying on dips. Although the price…

4
Cryptocurrency

ReserveOne to go public via merger, create crypto reserve

July 8, 2025

ReserveOne, a digital asset management company, will go public through a merger with M3-Brigade Acquisition V Corp., the company announced on Tuesday.The transaction is expected to generate more than $1 billion in gross proceeds that…

Economy

Economy

Trump announces steep tariffs on 14 countries starting Aug. 1

July 8, 2025
Economy

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

July 8, 2025
Economy

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up

July 8, 2025
Economy

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

July 8, 2025
Economy

IRS says churches can endorse political candidates without losing tax-exempt status

July 8, 2025
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