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Category: Economy

Nissan and Honda shares rise as report says automakers may call off merger talks
Economy

Nissan and Honda shares rise as report says automakers may call off merger talks

February 5, 2025

Honda and Nissan are considering calling off their merger talks, Japan's Asahi Shimbun reported on Wednesday citing several sources. ...

Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Economy

Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds

February 5, 2025

Jefferson echoed recent statements from other officials that it's in the Fed's best interest to move slowly as it evaluates…

AMD reports profit beat, but misses on data center revenue
Economy

AMD reports profit beat, but misses on data center revenue

February 5, 2025

AMD reported better-than-expected results on Tuesday, but data center revenue trailed analysts' estimates ...

Trump says U.S. will ‘take over’ Gaza to develop it, and Palestinians should leave
Economy

Trump says U.S. will ‘take over’ Gaza to develop it, and Palestinians should leave

February 5, 2025

The Palestinian territory Gaza has been destroyed by 15 months of war with Israel. Trump said the United States would…

Alphabet shares drop as much as 9% on revenue miss, soaring AI investments
Economy

Alphabet shares drop as much as 9% on revenue miss, soaring AI investments

February 5, 2025

Alphabet reported fourth-quarter earnings on Tuesday after the close of regular trading. ...

Economy

Steelmakers may benefit from Trump trade salvos, but Wall Street warns of longer-term headwinds

February 3, 2025

Trump's tariffs could give steel companies more pricing power, but weaker demand could weigh on the stocks longer term, Wall…

Economy

Putin says Europe will ‘stand at the feet of the master’ as Trump’s tariffs alarm allies

February 3, 2025

Happy to be on the sidelines, Russia's Kremlin says it's watching the 'tensions' Trump's tariffs are spreading. ...

In a switch, Trump approves of the Fed’s decision to hold interest rates steady
Economy

In a switch, Trump approves of the Fed’s decision to hold interest rates steady

February 3, 2025

Trump praised the Federal Reserve for its decision last week to leave interest rates unchanged ...

Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra
Economy

Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra

February 3, 2025

Bessent, a former hedge fund manager, was confirmed as head of the U.S. Treasury last week. ...

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Crypto World

1
Cryptocurrency

Solana network and DeFi activity suggest SOL price rally will continue

May 13, 2025

Key takeaways:Solana's $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem.Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month.SOL’s 8% funding rate shows healthy leverage demand from bulls.Solana’s native token SOL…

2
Cryptocurrency

Coinbase invests in Canadian stablecoin issuer

May 13, 2025

Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars, a company executive told Cointelegraph during the Blockchain Futurist Conference in Toronto.According to Coinbase Canada's CEO, Lucas…

3
Cryptocurrency

CoinShares Q1 net profit falls to $24M

May 13, 2025

CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period…

4
Cryptocurrency

US lawmakers call for change in corporate digital asset taxes

May 13, 2025

Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets.In a May 12 letter, Senators Cynthia Lummis and…

Economy

Economy

Chuck Schumer to block Trump DOJ nominees over Qatari jet

May 13, 2025
Economy

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021

May 13, 2025
Economy

Microsoft laying off about 6,000 people, or 3% of its workforce

May 13, 2025
Economy

Trump says U.S. will remove all sanctions on Syria

May 13, 2025
Economy

White House announces $600 billion Saudi investment in U.S. during Trump visit

May 13, 2025
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