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Category: Economy

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction’
Economy

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction’

July 18, 2025

Abbott Laboratories CEO Robert Ford unpacked his company's latest quarterly report in a Thursday interview with CNBC's Jim Cramer. ...

Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion
Economy

Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion

July 18, 2025

Neuralink labeled itself in April as a "small disadvantaged business" in a federal filing with the U.S. Small Business Administration.…

Fed Chair Powell responds to White House questions about HQ renovation
Economy

Fed Chair Powell responds to White House questions about HQ renovation

July 18, 2025

Federal Reserve Chairman Jerome Powell responded to OMB director Russ Vought's stern letter by pointing him to a public website…

Trump AG Bondi to seek release of Jeffrey Epstein case grand jury transcripts
Economy

Trump AG Bondi to seek release of Jeffrey Epstein case grand jury transcripts

July 18, 2025

President Trump has faced growing calls for Attorney General Pam Bond to reverse her decision to withhold evidence in the…

Netflix posts earnings beat as revenue grows 16% in second quarter
Economy

Netflix posts earnings beat as revenue grows 16% in second quarter

July 18, 2025

Netflix posted an earnings beat Thursday, as revenue grew 16% during the second quarter of 2025. ...

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang
Economy

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang

July 17, 2025

Scale AI said it's cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired…

Crypto regulation stumbles in Congress for a second day
Economy

Crypto regulation stumbles in Congress for a second day

July 17, 2025

The second attempt to advance a pair of crypto bills came after President Donald Trump intervened Tuesday evening to get…

Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading
Economy

Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading

July 17, 2025

Coinbase is looking to reach a new subset of consumers who aren't necessarily interested in buying or trading crypto, the…

United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’
Economy

United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’

July 17, 2025

United Airlines is the second of the major U.S. carriers to report results. ...

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Crypto World

1
Cryptocurrency

Bank of England’s Breeden warns watered-down stablecoin rules risk stability

November 12, 2025

Weaker stablecoin rules in the UK could risk financial stability and trigger a credit crunch, according to the Bank of England’s deputy governor, Sarah Breeden.“We have a different set of risks to manage as we…

2
Cryptocurrency

Canary Capital filing signals spot XRP ETF set for launch this week

November 12, 2025

The first US-based exchange-traded fund (ETF) to directly hold XRP could hit the market as soon as Thursday, after crypto investment firm Canary Capital filed key documents for its fund.Bloomberg senior ETF analyst Eric Balchunas…

3
Cryptocurrency

Nationally chartered bank SoFi rolls out crypto trading for US customers

November 12, 2025

US bank SoFi Technologies has launched crypto trading services to its customers, as clearer rules have allowed the crypto market to court greater interest from traditional finance.SoFi said on Tuesday that its crypto service will…

4
Cryptocurrency

Bitwise Chainlink ETF appears on DTCC site, tipping pending launch

November 12, 2025

Bitwise’s spot Chainlink exchange-traded fund (ETF) has appeared on the Depository Trust and Clearing Corporation’s registry, a usually positive sign that the fund is moving closer to launch.The Bitwise Chainlink ETF was added to the…

Economy

Economy

Tariffs thaw, rivalry simmers: U.S.–China trade truce enters uneasy phase

November 12, 2025
Economy

SNAP: Trump admin gets longer Supreme Court pause on order it pay full food stamp benefits

November 12, 2025
Economy

Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand

November 12, 2025
Economy

Trump is pardoning dozens of allies and backers. Here’s who might be seeking clemency

November 12, 2025
Economy

AMD’s Lisa Su sees 35% annual sales growth driven by ‘insatiable’ AI demand

November 12, 2025
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