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Category: Economy

Divided Fed holds key interest rate steady, defying Trump’s demands for aggressive cuts
Economy

Divided Fed holds key interest rate steady, defying Trump’s demands for aggressive cuts

July 30, 2025

A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting. ...

Meta shares climb 10% on revenue beat, raised forecast
Economy

Meta shares climb 10% on revenue beat, raised forecast

July 30, 2025

Shares of the social media company jumped more than 10% after the company reported second-quarter earnings on Wednesday that beat…

Figma prices IPO at $33, above expected range
Economy

Figma prices IPO at $33, above expected range

July 30, 2025

Software developer Figma is poised to debut on the New York Stock Exchange on Thursday, becoming the latest high-profile tech…

Meta’s Reality Labs posts $4.53 billion loss in second quarter
Economy

Meta’s Reality Labs posts $4.53 billion loss in second quarter

July 30, 2025

Meta’s Reality Labs posts $4.53 billion loss in second quarter ...

Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club
Economy

Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club

July 30, 2025

Based on its post-market trading, Microsoft has become the world's second $4 trillion company following quarterly earnings. ...

Cash App opens up to Apple Pay and Google Pay for the first time
Economy

Cash App opens up to Apple Pay and Google Pay for the first time

July 29, 2025

PayPal’s Venmo continues to gain ground, reporting more than 20% year-over-year revenue growth in the second quarter. ...

Boeing slashes losses as CEO touts ‘our turnaround year’
Economy

Boeing slashes losses as CEO touts ‘our turnaround year’

July 29, 2025

Boeing slashed its quarterly losses as sales jumped after it delivered the most airplanes since 2018. ...

Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S.
Economy

Apple opens manufacturing academy in Detroit as Trump ramps up pressure to invest in U.S.

July 29, 2025

The Apple Manufacturing Academy is opening in downtown Detroit, with a focus on artificial intelligence. ...

Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds
Economy

Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds

July 29, 2025

It's a virtual three-way tie to replace Fed Chair Jerome Powell as Fed chair when his term expires. ...

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Crypto World

1
Cryptocurrency

Crypto funds add $1B as three-week inflow streak continues

March 16, 2026

Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a relative safe-haven asset.Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week,…

2
Cryptocurrency

South Korea’s Hana Financial partners with Standard Chartered on digital assets

March 16, 2026

Hana Financial Group, one of South Korea’s largest financial conglomerates, has partnered with Standard Chartered on finance and digital assets.On Sunday, Hana Financial said it signed a business agreement with the United Kingdom’s Standard Chartered…

3
Cryptocurrency

Strategy buys $1.6B in Bitcoin as holdings surpass 761,000 BTC

March 16, 2026

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued aggressively stacking Bitcoin last week, bringing the company’s total reserves to above 760,000 BTC.Strategy acquired 22,337 Bitcoin (BTC) for $1.57 billion last week, according…

4
Cryptocurrency

Former UK Prime Minister Boris Johnson calls Bitcoin a ‘Ponzi scheme’

March 15, 2026

Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history.Johnson wrote…

Economy

Economy

Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending

March 16, 2026
Economy

‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls

March 16, 2026
Economy

Brent crude holds above $100 as Trump says U.S. may hit Iran’s oil hub again ‘just for fun’

March 16, 2026
Economy

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

March 15, 2026
Economy

Iran threatens to retaliate against neighbors; Trump urges countries to assist in securing Strait of Hormuz

March 15, 2026
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