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Category: Economy

Elon Musk calls for the U.S. government to delete entire agencies: ‘Remove the roots of the weed’
Economy

Elon Musk calls for the U.S. government to delete entire agencies: ‘Remove the roots of the weed’

February 13, 2025

"I think we do need to delete entire agencies, as opposed to leave part of them behind ... It's kind…

Bank stocks set to do ‘pretty well’ under Trump 2.0, investor says, naming his favorites
Economy

Bank stocks set to do ‘pretty well’ under Trump 2.0, investor says, naming his favorites

February 12, 2025

Investor Kingsley Jones names his favorite investment bank stocks and says "Wall Street, in general, will do quite well" under…

India’s oil minister says ‘we play by the rules,’ as markets weigh U.S. energy sanctions
Economy

India’s oil minister says ‘we play by the rules,’ as markets weigh U.S. energy sanctions

February 12, 2025

"We play by the rules. If there is an international sanction, which is anchored, we would not want to go…

Economy

GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’

February 12, 2025

CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming…

Anduril to take over Microsoft’s $22 billion U.S. Army headset program
Economy

Anduril to take over Microsoft’s $22 billion U.S. Army headset program

February 12, 2025

Anduril Industries will take control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army. ...

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Economy

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

February 12, 2025

Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market…

Judge to consider extending pause on Trump’s federal worker buyout plan
Economy

Judge to consider extending pause on Trump’s federal worker buyout plan

February 10, 2025

The buyout plan has been promoted by Elon Musk, the head of President Donald Trump's so-called Department of Government Efficiency.…

Trump takes aim at ‘wasteful’ government spending by ordering end to penny production
Economy

Trump takes aim at ‘wasteful’ government spending by ordering end to penny production

February 10, 2025

The president said in a Truth Social post that stopping the mint from coining new pennies is another way to…

Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma
Economy

Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma

February 10, 2025

Trump could either weaken the negotiations in a way that benefits the pharmaceutical industry, or try to achieve even deeper…

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Crypto World

1
Cryptocurrency

Bitcoin now deflationary due to Strategy's BTC purchases — Analyst

May 11, 2025

Strategy, a Bitcoin (BTC) treasury company, is accumulating Bitcoin at a faster rate than total miner output, giving the supply-capped asset a -2.33% annual deflation rate, according to CryptoQuant CEO and market analyst Ki Young…

2
Cryptocurrency

Bitcoin SV investors attempt to resurrect 2019 Binance lawsuit

May 11, 2025

Investors of Bitcoin Satoshi's Vision (BSV) — a hard fork of Bitcoin Cash (BCH), which itself is a hard fork of the Bitcoin (BTC) protocol, are attempting to revive a 2019 lawsuit against crypto exchange…

3
Cryptocurrency

El Salvador stacks 7 Bitcoin in last week, despite IMF deal

May 11, 2025

The government of El Salvador continues stacking Bitcoin (BTC) for its national crypto reserve, despite an ongoing deal with the International Monetary Fund (IMF) stipulating that the Central American country stop using public funds to…

4
Cryptocurrency

Ex-UFC champ Conor McGregor touts Irish Bitcoin reserve in presidential bid

May 11, 2025

UFC fighter turned Irish political candidate Conor McGregor has endorsed the idea of building a Bitcoin reserve in his country to give more “power back to the people.”“Crypto in it's origin was founded to give…

Economy

Economy

Ras Baraka arrest: Trump administration eyes charging three more NJ Democrats in ICE fracas

May 11, 2025
Economy

Explosions reported in Kashmir after India-Pakistan ceasefire agreement

May 11, 2025
Economy

The Trump tax cut debate is heating up. Here are the key issues and who stands to benefit

May 11, 2025
Economy

Trump’s crypto agenda is being threatened by his pursuit of personal profits

May 11, 2025
Economy

Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing

May 11, 2025
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