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Category: Economy

Economy

Elon Musk says people against his DOGE cuts are trying to pressure Tesla to get him to stop

March 31, 2025

Shares of Tesla entered Monday down more than 34% year to date, and the stock has been cut nearly in…

Vanguard’s expired patent may emerge as ‘game changer’ for fund industry
Economy

Vanguard’s expired patent may emerge as ‘game changer’ for fund industry

March 30, 2025

The exchange-traded fund industry is betting on a structure that could help investors reduce tax burdens. ...

Economy

JD Vance accuses Denmark of failing to keep Greenland secure as he slams European allies

March 30, 2025

Vance's visit comes as President Donald Trump hardens his rhetoric about taking control of Greenland. ...

Why tariffs could push car prices even higher
Economy

Why tariffs could push car prices even higher

March 30, 2025

Tariffs will likely push car prices past the record highs seen in recent years. ...

Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
Economy

Elon Musk says xAI has acquired X in deal that values social media site at $33 billion

March 30, 2025

In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.…

Novo Nordisk’s diabetes pill slashes risk of cardiovascular complications by 14% after four years
Economy

Novo Nordisk’s diabetes pill slashes risk of cardiovascular complications by 14% after four years

March 30, 2025

The results pave the way for Rybelsus to become a new treatment option for people living with diabetes and established…

Trump says Skadden, Arps law firm will provide $100 million in pro bono legal services, avoiding executive order
Economy

Trump says Skadden, Arps law firm will provide $100 million in pro bono legal services, avoiding executive order

March 28, 2025

Earlier, two "Big Law" firms sued the Trump administration over the president's executive orders targeting them. ...

AppLovin CEO urges investors to ‘dig deeper’ after short-seller report, company retains Alex Spiro
Economy

AppLovin CEO urges investors to ‘dig deeper’ after short-seller report, company retains Alex Spiro

March 28, 2025

Applovin CEO Adam Foroughi published a blog post late Thursday after the company's stock plunged on a third short-seller report.…

Amazon MGM Studios boss Jen Salke to step down. Read the internal memo
Economy

Amazon MGM Studios boss Jen Salke to step down. Read the internal memo

March 28, 2025

Amazon hired Salke in 2018 to oversee its movie and television unit. The company became a bigger player in the…

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Crypto World

1
Cryptocurrency

Crypto market sentiment stays in ‘Fear’ following Trump’s deal with China

November 2, 2025

A widely used crypto market sentiment indicator has remained in uncertain territory despite improved clarity on trade relations between US and China. It comes as US President Donald Trump reached a trade deal with China…

2
Cryptocurrency

Fintechs and neobanks drive the next era of stablecoin adoption

November 2, 2025

Opinion by: Morgan Krupetsky, vice president of Onchain Finance at Ava LabsOn the heels of the GENIUS Act’s passing, the next era of stablecoin usage is being driven by a growing cohort of fintechs and…

3
Cryptocurrency

Romania blacklists Polymarket for illegal crypto betting amid $600M election wagers

November 2, 2025

Romania’s National Office for Gambling (ONJN) has blacklisted leading prediction market Polymarket, calling it an unlicensed gambling platform operating outside state oversight. The decision follows what regulators described as a surge in crypto-based betting during…

4
Cryptocurrency

95% of Iran’s 427,000 active crypto mining devices operate illegally, official says

November 2, 2025

Iran’s crypto mining industry is facing a widespread illegal mining crisis, with authorities estimating that over 95% of the country’s 427,000 active mining devices are operating without authorization.Akbar Hasan Beklou, CEO of the Tehran Province…

Economy

Economy

Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion

November 2, 2025
Economy

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy

November 2, 2025
Economy

Global week ahead: Is Novo Nordisk past ‘peak uncertainty’?

November 2, 2025
Economy

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says

November 2, 2025
Economy

While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth

November 2, 2025
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