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Category: Economy

Shares of Labubu maker Pop Mart dip despite staggering third-quarter U.S. sales growth
Economy

Shares of Labubu maker Pop Mart dip despite staggering third-quarter U.S. sales growth

October 23, 2025

Pop Mart stock dips 25% from August highs despite tripled Q3 revenue; Labubu resale slump sparks demand debate amid rising…

Trump backs off federal deployment in San Francisco after Huang, Benioff phone calls
Economy

Trump backs off federal deployment in San Francisco after Huang, Benioff phone calls

October 23, 2025

Democratic Mayor Daniel Lurie said Secretary of Homeland Security Kristi Noem confirmed that plans for a deployment were called off.…

Trump admin not negotiating equity stakes with quantum firms: Commerce official
Economy

Trump admin not negotiating equity stakes with quantum firms: Commerce official

October 23, 2025

"The Commerce Department is not currently negotiating equity stakes with quantum computing companies," the spokesperson said in a statement. ...

Trump pardons convicted Binance founder Changpeng Zhao
Economy

Trump pardons convicted Binance founder Changpeng Zhao

October 23, 2025

The pardon of the former Binance CEO came nearly a week after President Trump commuted the 87-month prison sentence of…

Chauncey Billups, others arrested in FBI probe linking NBA to Mafia gambling ring
Economy

Chauncey Billups, others arrested in FBI probe linking NBA to Mafia gambling ring

October 23, 2025

Terry Rozier, a 10-year NBA veteran, joined the Miami Heat in 2024 from the Charlotte Hornets. ...

Hundreds of public figures, including Apple co-founder Steve Wozniak and Virgin’s Richard Branson urge AI ‘superintelligence’ ban
Economy

Hundreds of public figures, including Apple co-founder Steve Wozniak and Virgin’s Richard Branson urge AI ‘superintelligence’ ban

October 22, 2025

A group of prominent figures, including artificial intelligence heavyweights, has lead a call to end efforts to create ‘superintelligence.' ...

India to cut Russian oil purchases, U.S. to slash tariffs as they near trade deal: Indian media report
Economy

India to cut Russian oil purchases, U.S. to slash tariffs as they near trade deal: Indian media report

October 22, 2025

The India-U.S. trade talks collapsed earlier this year with New Delhi not agreeing to widen market access to its vast…

Economy

Barclays ups guidance, announces surprise $670 million share buyback

October 22, 2025

Barclays CEO said he looked forward to "sharing updated targets to 2028" alongside the bank's full-year earnings. ...

This week’s critical inflation report comes with a variety of doubts about the data
Economy

This week’s critical inflation report comes with a variety of doubts about the data

October 22, 2025

The September CPI report will command full attention from financial markets, even as some investors will view the data with…

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Crypto World

1
Cryptocurrency

CZ pardon was considered with ‘utmost seriousness,’ White House says

November 5, 2025

The White House carefully considered Binance founder Changpeng Zhao’s pardon and went through the standard processes before sending it to President Donald Trump for his approval, says White House press secretary Karoline Leavitt.Trump defended the…

2
Cryptocurrency

ZKsync creator floats governance token revamp to add ‘economic utility’

November 5, 2025

The co-creator of the Ethereum-scaling solution ZKsync has proposed a major overhaul of its governance token, arguing it should prioritize “economic utility.”In a post on Tuesday to the ZKsync forum, Alex Gluchowski argued that while…

3
Cryptocurrency

Strategy won’t face Bitcoin liquidation in the next bear market: Willy Woo

November 5, 2025

Michael Saylor’s Strategy (MSTR) won’t have to sell off part of its Bitcoin stash to cover its debt in the next significant crypto market downturn, according to Bitcoin analyst Willy Woo.“MSTR liquidation in the next…

4
Cryptocurrency

Crypto exchange Gemini eyes integrating prediction markets: Report

November 5, 2025

Crypto exchange Gemini Space Station Inc. is reportedly preparing to enter the prediction markets arena, following similar moves by the likes of Coinbase and MetaMask in recent months.Gemini is looking to enter the prediction markets…

Economy

Economy

Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups

November 5, 2025
Economy

Democratic candidate Mikie Sherrill wins New Jersey governor’s race, NBC News projects

November 5, 2025
Economy

SoftBank market cap drops by about $32 billion as Asian AI stocks slide on valuation jitters

November 5, 2025
Economy

Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount

November 5, 2025
Economy

Democrats win big on Election Night in key races

November 5, 2025
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