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Category: Economy

Intel spins out AI robotics company RealSense with $50 million raise
Economy

Intel spins out AI robotics company RealSense with $50 million raise

July 11, 2025

Tech companies like Tesla and Amazon have bet big on robotics technology and automation. ...

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street
Economy

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street

July 11, 2025

The arrival of agentic AI at Goldman Sachs, in which programs don't just help with tasks but execute complex jobs,…

Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates
Economy

Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates

July 11, 2025

U.S. President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, over the country's alleged role in…

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates
Economy

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates

July 10, 2025

AWS is trying to address the need for more data center cooling by developing its own hardware. ...

Economy

Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

July 10, 2025

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto's price into…

Linda Yaccarino steps down as CEO of Elon Musk’s X
Economy

Linda Yaccarino steps down as CEO of Elon Musk’s X

July 10, 2025

Yaccarino's departure comes one day after Musk's artificial intelligence chatbot Grok repeatedly made antisemitic comments. ...

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero
Economy

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero

July 10, 2025

The standalone cereal business WK Kellogg began trading in 2023. ...

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva
Economy

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva

July 10, 2025

President Donald Trump said the United States will impose a 50% tariff on imports from Brazil. ...

Trump announces steep tariffs on 14 countries starting Aug. 1
Economy

Trump announces steep tariffs on 14 countries starting Aug. 1

July 8, 2025

President Donald Trump, in social media posts, shared screenshots of signed form letters dictating new tariff rates to the leaders…

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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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