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Category: Economy

Economy

Nvidia drops 16% as China’s DeepSeek AI model sparks global tech sell-off

January 27, 2025

DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost…

Economy

Here’s what CEOs are saying about DEI at Davos

January 26, 2025

On the ground in Davos, DEI has been the subject of conversation both on the record and behind closed doors.…

How China’s new AI model DeepSeek is threatening U.S. dominance
Economy

How China’s new AI model DeepSeek is threatening U.S. dominance

January 26, 2025

An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and…

CIA believes Covid-19 likely caused by lab leak, NBC News reports
Economy

CIA believes Covid-19 likely caused by lab leak, NBC News reports

January 26, 2025

"CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible." ...

Aerial firefighting companies’ new challenge: Keeping up with demand
Economy

Aerial firefighting companies’ new challenge: Keeping up with demand

January 26, 2025

Aerial firefighting companies supplement federal and state firefighting fleets, and their services are in high demand. ...

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry
Economy

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry

January 24, 2025

"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an…

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth
Economy

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth

January 24, 2025

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year…

Target rolls back DEI initiatives, the latest big company to retreat
Economy

Target rolls back DEI initiatives, the latest big company to retreat

January 24, 2025

Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs. ...

Trump recommends ending FEMA ahead of California fire site visit
Economy

Trump recommends ending FEMA ahead of California fire site visit

January 24, 2025

President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved…

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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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