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Category: Economy

Economy

South Korea’s President Yoon Suk Yeol arrested as agencies probe his short-lived martial law decree

January 15, 2025

This was the second bid to arrest the impeached president, following a failed attempt on Jan. 3. ...

SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership
Economy

SEC sues Elon Musk, alleging failure to properly disclose Twitter ownership

January 15, 2025

The SEC on Tuesday filed a suit against Elon Musk, alleging the billionaire violated securities law by acquiring Twitter shares…

Meta announces 5% cuts in preparation for ‘intense year’ — read the internal memo
Economy

Meta announces 5% cuts in preparation for ‘intense year’ — read the internal memo

January 15, 2025

Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed. ...

Moderna stock plunges 20% after company lowers 2025 sales forecast by $1 billion
Economy

Moderna stock plunges 20% after company lowers 2025 sales forecast by $1 billion

January 13, 2025

Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in…

Biden’s total student debt relief passes $183 billion, after he forgives another 150,000 borrowers
Economy

Biden’s total student debt relief passes $183 billion, after he forgives another 150,000 borrowers

January 13, 2025

In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than…

Instagram head Mosseri says app will prioritize original content, with potential TikTok ban days away
Economy

Instagram head Mosseri says app will prioritize original content, with potential TikTok ban days away

January 13, 2025

Adam Mosseri, the head of Meta's Instagram, said the app will focus on prioritizing original and creative content in its…

Retailers post early holiday results — and Wall Street isn’t impressed
Economy

Retailers post early holiday results — and Wall Street isn’t impressed

January 13, 2025

Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing. ...

Economy

There’s a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop

January 13, 2025

Popular technology stocks tumbled Monday as bond yields rose, dragging down tech-heavy Nasdaq-100 futures. ...

Economy

Airlines cancel more than 3,000 U.S. flights amid storm, Delta slide evacuation at Atlanta

January 12, 2025

Flight disruptions stretched from Dallas to Atlanta. ...

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Crypto World

1
Cryptocurrency

Who’s winning the West’s crypto regulation race?

July 4, 2025

While the European Union and United Kingdom push forward with cautious crypto frameworks, the United States is suddenly emerging as a front-runner in global digital asset policy thanks to a blitz of legislation, political momentum…

2
Cryptocurrency

Solana bot scam on GitHub steals crypto from users

July 4, 2025

A GitHub repository posing as a legitimate Solana trading bot has been exposed for reportedly hiding crypto-stealing malware.According to a Friday report by blockchain security firm SlowMist, the now-deleted solana-pumpfun-bot repository hosted by account “zldp2002”…

3
Cryptocurrency

Binance taps ex-Gemini exec Gillian Lynch to reboot Europe push

July 4, 2025

Binance, the world’s largest cryptocurrency exchange, has appointed Gillian Lynch as its new head of Europe and the United Kingdom, signaling a renewed push to secure regulatory approval across the region.Lynch brings more than 20…

4
Cryptocurrency

FTX estate asks court to freeze payouts in ‘restricted’ countries

July 4, 2025

FTX’s bankruptcy estate has raised concerns over payouts to creditors in countries with ambiguous or restrictive cryptocurrency regulations.On Wednesday, the FTX estate filed a motion with the US Bankruptcy Court for the District of Delaware,…

Economy

Economy

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’

July 4, 2025
Economy

Investing in Space: One big beautiful windfall

July 4, 2025
Economy

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart

July 4, 2025
Economy

House narrowly passes Trump’s megabill in major victory for Republicans

July 4, 2025
Economy

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims

July 4, 2025
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