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Category: Economy

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Economy

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

February 12, 2025

Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market…

Judge to consider extending pause on Trump’s federal worker buyout plan
Economy

Judge to consider extending pause on Trump’s federal worker buyout plan

February 10, 2025

The buyout plan has been promoted by Elon Musk, the head of President Donald Trump's so-called Department of Government Efficiency.…

Trump takes aim at ‘wasteful’ government spending by ordering end to penny production
Economy

Trump takes aim at ‘wasteful’ government spending by ordering end to penny production

February 10, 2025

The president said in a Truth Social post that stopping the mint from coining new pennies is another way to…

Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma
Economy

Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma

February 10, 2025

Trump could either weaken the negotiations in a way that benefits the pharmaceutical industry, or try to achieve even deeper…

Economy

Trump to impose 25% tariffs on steel and aluminum — here are the likely winners and losers

February 10, 2025

Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. ...

Trump, Musk actions put America at risk of ‘a form of default,’ former Treasury chiefs warn
Economy

Trump, Musk actions put America at risk of ‘a form of default,’ former Treasury chiefs warn

February 10, 2025

Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal…

A $50 million Ferrari-inspired mansion just broke a local record in Delray Beach, Florida. Take a look inside
Economy

A $50 million Ferrari-inspired mansion just broke a local record in Delray Beach, Florida. Take a look inside

February 9, 2025

The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art, alcohol and even a miniature Ferrari 250 Testa Rossa…

Fashion’s most hated garment — the skinny jean — is making a comeback
Economy

Fashion’s most hated garment — the skinny jean — is making a comeback

February 9, 2025

The oft-maligned skinny jean has crept back onto the runway and is headed for a comeback as soon as this…

Economy

Trump 2.0 may create powerful tailwinds for two vastly different groups: big banks and small caps

February 9, 2025

Two exchange-traded fund experts deliver plays that should deliver multi-year gains. ...

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Crypto World

1
Cryptocurrency

CoreWeave’s Core Scientific acquisition sparks analyst doubts as stock dips

July 8, 2025

Shares of CoreWeave (CRWV) opened lower on Tuesday as analysts questioned whether the company’s recent acquisition of Core Scientific (CORZ) would contribute meaningfully to its bottom line.CRWV stock was down 3.6% after the opening bell,…

2
Cryptocurrency

Japanese company moves to align CEO with Bitcoin strategy, full salary goes to BTC

July 8, 2025

Takashi Tashiro, the new CEO of Tokyo-based energy company Remixpoint, will be paid in Bitcoin as part of stated efforts to be “in the same boat” as shareholders, the company said in a statement on…

3
Cryptocurrency

Bitcoin news update: BTC range tightening hints at price break to new highs

July 8, 2025

Key point:Bitcoin is finding support at $107,245, showing investor sentiment remains positive, and every minor dip is being purchased.Bitcoin (BTC) is attempting to bounce off the moving averages, indicating buying on dips. Although the price…

4
Cryptocurrency

ReserveOne to go public via merger, create crypto reserve

July 8, 2025

ReserveOne, a digital asset management company, will go public through a merger with M3-Brigade Acquisition V Corp., the company announced on Tuesday.The transaction is expected to generate more than $1 billion in gross proceeds that…

Economy

Economy

Trump announces steep tariffs on 14 countries starting Aug. 1

July 8, 2025
Economy

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

July 8, 2025
Economy

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up

July 8, 2025
Economy

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

July 8, 2025
Economy

IRS says churches can endorse political candidates without losing tax-exempt status

July 8, 2025
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