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Category: Economy

Anduril tops 2025 CNBC Disruptor 50 list as interest and investment in defense tech booms
Economy

Anduril tops 2025 CNBC Disruptor 50 list as interest and investment in defense tech booms

June 10, 2025

Defense contractor Anduril is the No. 1 2025 CNBC Disruptor 50 company as the ties between Silicon Valley technology and…

RFK Jr.’s firing of CDC vaccine panel undermines science, could threaten public health, experts say
Economy

RFK Jr.’s firing of CDC vaccine panel undermines science, could threaten public health, experts say

June 10, 2025

Some experts say the move undermines science, disrupts a trusted regulatory process and could sow public distrust in vaccinations and…

World Bank sharply cuts global growth outlook on trade turbulence
Economy

World Bank sharply cuts global growth outlook on trade turbulence

June 10, 2025

"This would mark the slowest rate of global growth since 2008, aside from outright global recessions," the World Bank said…

Apple’s WWDC underwhelms on AI, but software gets biggest facelift in over a decade
Economy

Apple’s WWDC underwhelms on AI, but software gets biggest facelift in over a decade

June 10, 2025

Apple investors waiting for the company to make a big push in artificial intelligence didn't have much reason for excitement…

China consumer prices slump again, deepening deflation worries as demand stays weak
Economy

China consumer prices slump again, deepening deflation worries as demand stays weak

June 9, 2025

The economy got a relief after the U.S. and China struck a preliminary deal in Switzerland that led both sides…

China’s exports to the U.S. clock their sharpest drop in more than 5 years — down over 34% in May
Economy

China’s exports to the U.S. clock their sharpest drop in more than 5 years — down over 34% in May

June 9, 2025

U.S. and China struck a preliminary deal in Geneva, Switzerland, last month that led both sides to drop a majority…

UK finance watchdog teams up with Nvidia to let banks experiment with AI
Economy

UK finance watchdog teams up with Nvidia to let banks experiment with AI

June 9, 2025

The initiative is designed for financial services firms in the "discovery and experiment phase" with AI, the Financial Conduct Authority…

National Guard arrives in L.A. after Trump orders deployment to contain immigration protests
Economy

National Guard arrives in L.A. after Trump orders deployment to contain immigration protests

June 9, 2025

California Gov. Gavin Newsom said that Trump was being "purposefully inflammatory" in sending National Guard troops to L.A. ...

China and U.S. trade officials to hold talks in London
Economy

China and U.S. trade officials to hold talks in London

June 9, 2025

U.S. President Donald Trump's top trade officials are meeting with their Chinese counterparts in London on Monday for talks. ...

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Crypto World

1
Cryptocurrency

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

December 19, 2025

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed…

2
Cryptocurrency

Blockchain Association says no to expanding stablecoin yield prohibition

December 19, 2025

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and…

3
Cryptocurrency

Pro-crypto US Senator Lummis won’t seek reelection in 2026

December 19, 2025

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would…

4
Cryptocurrency

SEC confirms years-long director bans for former Alameda, FTX executives

December 19, 2025

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice,…

Economy

Economy

Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

December 19, 2025
Economy

Musk’s $56 billion Tesla pay package must be restored as court rules cancellation was too extreme

December 19, 2025
Economy

NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

December 19, 2025
Economy

Epstein files released by DOJ

December 19, 2025
Economy

Nine of the largest pharma companies ink deals with Trump to lower drug prices

December 19, 2025
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