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Category: Economy

Meta wins AI copyright case, but judge says others could bring lawsuits
Economy

Meta wins AI copyright case, but judge says others could bring lawsuits

June 26, 2025

Meta prevailed in a copyright case involving its AI model, but the federal judge left the door open for others…

Divided Fed proposes rule to ease capital requirements for big Wall Street banks
Economy

Divided Fed proposes rule to ease capital requirements for big Wall Street banks

June 26, 2025

The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate.…

Trump CIA chief says Iran nuclear program was ‘severely damaged,’ countering reports of U.S. intel assessment
Economy

Trump CIA chief says Iran nuclear program was ‘severely damaged,’ countering reports of U.S. intel assessment

June 26, 2025

Trump ordered U.S. strikes on Iranian nuclear sites as part of its support for Israel, then days later announced a…

Nvidia shares hit record as AI chipmaker again becomes world’s most valuable company
Economy

Nvidia shares hit record as AI chipmaker again becomes world’s most valuable company

June 26, 2025

Nvidia closed at an all-time high as investors gain confidence that the chipmaker will power through China restrictions. ...

Amazon bringing faster delivery to thousands of small towns and cities
Economy

Amazon bringing faster delivery to thousands of small towns and cities

June 24, 2025

Amazon previously said it would spend $4 billion by the end of 2026 to triple the size of its rural…

Many insurance underwriters won’t offer coverage to U.S., Israel, U.K.-linked vessels at any price
Economy

Many insurance underwriters won’t offer coverage to U.S., Israel, U.K.-linked vessels at any price

June 24, 2025

Many underwriters in maritime insurance won't offer coverage to shipping vessels linked to the U.S., Israel or U.K. as the…

Home price hikes are slowing more than expected
Economy

Home price hikes are slowing more than expected

June 24, 2025

Home prices are starting to weaken due to higher mortgage rates, more supply on the market and waning demand from…

Oil prices fall more than 4% after Trump says China can continue buying oil from Iran
Economy

Oil prices fall more than 4% after Trump says China can continue buying oil from Iran

June 24, 2025

An Iran-Israel ceasefire would ease concerns over Tehran's crude supplies going offline, and the stability of oil transport through the…

Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism
Economy

Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’ despite Trump criticism

June 24, 2025

The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell.…

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Crypto World

1
Cryptocurrency

The XRP signal that preceded 25% average drops in 2025 flashes again

July 6, 2025

Key takeaways:XRP has averaged 25% declines in 2025 following overbought Stochastic RSI signals.A descending triangle breakdown could push XRP price toward $1.14, while an analyst sees a deeper drop to $0.60.Bullish analysts expect breakouts toward…

2
Cryptocurrency

Crypto’s path to legitimacy runs through the CARF regulation

July 6, 2025

Opinion by: Alice Frei, head of security and compliance at Outset PRMore than 60 countries have signed on to CARF (Crypto-Asset Reporting Framework), marking 2027 as the year crypto goes fully on the grid, tax-wise.First…

3
Cryptocurrency

Tokenized equity still in regulatory grey zone — Attorneys

July 6, 2025

Tokenized stocks and private equity may face several legal challenges, as the emerging real-world asset (RWA) sits in a gray zone that does not grant holders the same legal rights as traditional asset owners, according…

4
Cryptocurrency

Mercado Bitcoin announces tokenization of $200M in RWAs on XRPL

July 6, 2025

Mercado Bitcoin, a major crypto exchange in the Latin America region, announced on Friday that it is tokenizing $200 million in real-world assets (RWAs) on the XRP Ledger (XRPL).The real-world assets include tokenized fixed-income and…

Economy

Economy

Tax changes under Trump’s ‘big beautiful bill’ — in one chart

July 5, 2025
Economy

OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats

July 5, 2025
Economy

Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed

July 5, 2025
Economy

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

July 5, 2025
Economy

OPEC+ members agree to larger-than-expected oil production hike in August

July 5, 2025
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