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Category: Economy

Elon Musk’s xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity
Economy

Elon Musk’s xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity

January 7, 2026

Elon Musk's AI said it raised $20 billion in new funding after CNBC reported in November that a financing round…

Berkshire Hathaway lifts new CEO Greg Abel’s salary to $25 million
Economy

Berkshire Hathaway lifts new CEO Greg Abel’s salary to $25 million

January 7, 2026

Abel took the helm of Berkshire Hathaway on Jan. 1, succeeding legendary investor Warren Buffett. ...

Trump says Venezuela to give up to 50 million barrels of oil to U.S.
Economy

Trump says Venezuela to give up to 50 million barrels of oil to U.S.

January 7, 2026

Trump's announcement came days after U.S. forces attacked Venezuela and captured its leader, Nicolas Maduro, to be prosecuted on drug-trafficking…

Pentagon to cut Sen. Mark Kelly’s military retirement pay over ‘seditious’ video: Hegseth
Economy

Pentagon to cut Sen. Mark Kelly’s military retirement pay over ‘seditious’ video: Hegseth

January 5, 2026

Sen. Mark Kelly and other members of Congress on the video reminded members of the U.S. military that they can…

JPMorgan forms special advisory group to share some of bank’s ‘secret sauce’ with clients
Economy

JPMorgan forms special advisory group to share some of bank’s ‘secret sauce’ with clients

January 5, 2026

They're calling the initiative the "Special Advisory Services," which launches Monday, with Liz Myers, who also serves as global chair…

Minnesota Gov. Tim Walz announces he will not seek reelection
Economy

Minnesota Gov. Tim Walz announces he will not seek reelection

January 5, 2026

Walz, who was Kamala Harris' vice presidential pick for her failed 2024 White House bid, is set to hold a…

Economy

Watch Trump’s full comments following the U.S. strike against Venezuela

January 4, 2026

President Donald Trump is scheduled to speak Saturday morning following a stunning, large-scale attack on Venezuela overnight. ...

U.S. indictment against Venezuela President Maduro, wife is unsealed
Economy

U.S. indictment against Venezuela President Maduro, wife is unsealed

January 4, 2026

The indictment was unsealed hours after U.S. forces launched an attack on Venezuela and captured its president Nicolas Maduro and…

Airlines cancel hundreds of Caribbean flights after U.S. attacks on Venezuela
Economy

Airlines cancel hundreds of Caribbean flights after U.S. attacks on Venezuela

January 4, 2026

U.S. airlines cancel hundreds of Caribbean flights after U.S. strikes on Venezuela. ...

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Crypto World

1
Cryptocurrency

Bitcoin crashes below $76K Strategy cost basis in $2B liquidation event

February 1, 2026

Bitcoin saw a sudden weekend liquidity cascade that took BTC price to near $75,000 for the first time since its April 2025 low.Bitcoin (BTC) fell over 7% during weekend trading as a fresh price collapse…

2
Cryptocurrency

SOL drops to $95 as Bitcoin, AI stocks and gold sell off: Will traders buy the dip?

February 1, 2026

Key takeaways:SOL fell to 2026 lows as tech sector layoffs and artificial intelligence revenue concerns hit markets.Despite the bleak environment, Solana outpaced competitors with network fees jumping 81%, securing its vice-leadership.Solana’s native token, SOL (SOL),…

3
Cryptocurrency

Bitcoin’s price may have seen ‘deepest pullback’ at $77K: Analyst

February 1, 2026

Bitcoin’s fall of around 7% to $77,000 on Saturday might have marked the low of this cycle, according to Bitcoin analyst PlanC.It comes as other crypto analysts continue to call for further downside for Bitcoin…

4
Cryptocurrency

DeFi stays outside the rules as regulators tighten elsewhere: Finance Redefined

January 30, 2026

The European Union’s new crypto tax reporting regime under DAC8 is intentionally focused on enforceable targets, leaving decentralized finance (DeFi) outside its scope for now.Colby Mangels, a former adviser to the Organisation for Economic Co-operation…

Economy

Economy

American Express challenges Apple for No. 1 slot in Berkshire’s portfolio

February 1, 2026
Economy

Federal judge denies bid to end ICE Operation Metro Surge in Minnesota

February 1, 2026
Economy

Bitcoin dips below $79,000 as market digests silver sell-off, Trump’s Fed chair pick

February 1, 2026
Economy

Silver drops 30%, gold tumbles 10% as Trump Warsh pick eases Fed independence fear, triggers dollar rally

January 30, 2026
Economy

Partial government shutdown on track for Saturday after Senate vote on funding deal stalled

January 30, 2026
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