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Category: Economy

Could an Eagles Super Bowl victory tank the stock market? History says yes, but logic says no
Economy

Could an Eagles Super Bowl victory tank the stock market? History says yes, but logic says no

February 9, 2025

Philadelphia Super Bowl and World Series wins have historically coincided with stock market calamity. But these types of "fun" indicators…

Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Economy

Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies

February 9, 2025

Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies. ...

Beauty stocks post major losses after a week of worrying results
Economy

Beauty stocks post major losses after a week of worrying results

February 7, 2025

Several beauty stocks tanked this week, as companies like E.l.f. Beauty and Estee Lauder reported disappointing earnings and cut guidance.…

Trump says Nippon will invest heavily in U.S. Steel rather than purchase the company
Economy

Trump says Nippon will invest heavily in U.S. Steel rather than purchase the company

February 7, 2025

"They'll be looking at an investment rather than a purchase," President Donald Trump said at a news conference with Japanese…

Musk to rehire Treasury DOGE staffer behind racist posts after Trump endorses idea
Economy

Musk to rehire Treasury DOGE staffer behind racist posts after Trump endorses idea

February 7, 2025

Marko Elez was on the DOGE team formed by Elon Musk and tasked by President Donald Trump with cutting federal…

Here’s where the jobs are for January 2025 — in one chart
Economy

Here’s where the jobs are for January 2025 — in one chart

February 7, 2025

Health care and retail were strong areas for the U.S. economy in January. ...

Consumer inflation fears spike in February as tariff worries hit sentiment
Economy

Consumer inflation fears spike in February as tariff worries hit sentiment

February 7, 2025

Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest…

Economy

Ford beats earnings expectations but forecasts tougher year ahead

February 6, 2025

Ford Motor beat Wall Street's top- and bottom-line expectations for the fourth quarter but forecast a tougher year ahead for…

Economy

MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter

February 6, 2025

The largest corporate holder of bitcoin said it's almost halfway to its $42 billion capital raising goal after it went…

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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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