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Category: Economy

Economy

Novo Nordisk shares plunge 20% after Wegovy maker names new CEO, cuts full-year guidance

July 29, 2025

Danish pharmaceutical giant Novo Nordisk on Tuesday named its new CEO and cut its full-year sales and profit guidance. ...

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator
Economy

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator

July 28, 2025

A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of Trump's new trade…

Economy

‘He’s showing up.’ Things are getting better at Boeing under CEO Ortberg. Can he keep it going?

July 28, 2025

Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago when it reports earnings…

Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms
Economy

Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms

July 28, 2025

The lawmaker's comments underscore the divisions within the Republican Party over the files relating to Jeffrey Epstein. ...

Trump announces EU trade deal with 15% tariffs
Economy

Trump announces EU trade deal with 15% tariffs

July 28, 2025

President Donald Trump and European Commission President Ursula von der Leyen met for a pivotal discussion before Trump's Aug 1.…

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung
Economy

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung

July 28, 2025

Samsung Electronics shares opened 3.5% higher after the company disclosed the contract to supply semiconductors to a major global corporation.…

Tesla investors are growing wary of Elon Musk’s futuristic promises
Economy

Tesla investors are growing wary of Elon Musk’s futuristic promises

July 26, 2025

Tesla shares plummeted as CEO Elon Musk's promises for robotaxis failed to excite investors following another disappointing earnings report. ...

Trump’s trade deals and tariffs are on the chopping block in court. What happens next
Economy

Trump’s trade deals and tariffs are on the chopping block in court. What happens next

July 26, 2025

Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused "reciprocal" tariffs are…

China releases AI action plan days after the U.S. as global tech race heats up
Economy

China releases AI action plan days after the U.S. as global tech race heats up

July 26, 2025

China on Saturday released a global action plan for artificial intelligence that called for international cooperation on tech development and…

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Crypto World

1
Cryptocurrency

Lombard taps Bitwise to offer Bitcoin yield and lending to institutional custody

March 24, 2026

Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds of…

2
Cryptocurrency

CFTC chief launches innovation task force focused on crypto framework

March 24, 2026

Chair Michael Selig said that the task force was an example of “future-proofing“ regulation at the Commodity Futures Trading Commission.The US Commodity Futures Trading Commission (CFTC) is looking to embrace innovation in its regulatory approach…

3
Cryptocurrency

Circle taps African fintech Sasai to expand USDC adoption in cross-border payments

March 24, 2026

Circle is partnering with Sasai Fintech to expand the use of its USDC stablecoin across African payment corridors, targeting remittances, business transactions and mobile wallet services.According to Tuesday’s announcement, collaboration will integrate the second-biggest stablecoin…

4
Cryptocurrency

Sweden’s H100 targets Norwegian firms in all-stock Bitcoin deal

March 23, 2026

Sweden-listed health-tech and Bitcoin (BTC) treasury company H100 Group has entered into a letter of intent (LOI) with the shareholders of privately-held Norwegian Bitcoin companies Moonshot and Never Say Die to acquire all shares of…

Economy

Economy

World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC

March 24, 2026
Economy

Kuwait says Strait of Hormuz closure is beyond catastrophic, will trigger domino effect across global economy

March 24, 2026
Economy

Jamie Dimon says Iran war makes Middle East peace prospects better in the long term

March 24, 2026
Economy

Gold and silver in freefall as investors flee safe haven metals trade

March 23, 2026
Economy

Iran threatens U.S. Treasury buyers as Trump’s 48-hour ultimatum looms

March 23, 2026
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