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Category: Economy

How E.l.f pulled off its $1 billion Rhode deal
Economy

How E.l.f pulled off its $1 billion Rhode deal

August 12, 2025

E.l.f.'s affordable-yet-premium products have gone viral on social media thanks to the rise of "dupe culture," and a focus on…

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits
Economy

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits

August 12, 2025

Tesla is recruiting test drivers for "automated driving systems" in Queens, but hasn't applied for permits to test its autonomous…

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations
Economy

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations

August 12, 2025

ChatGPT was ranked No. 1 in the top free apps section of the American iOS store. Apple has tied up…

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth
Economy

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth

August 12, 2025

Circle shares jumped Tuesday after reporting its first quarterly earnings as a publicly listed company. ...

Spirit Airlines warns it might not be able to survive without more cash
Economy

Spirit Airlines warns it might not be able to survive without more cash

August 12, 2025

Spirit AIrlines issued a going-concern warning in its quarterly report. ...

Trump warns homeless to leave Washington, D.C., ‘immediately’
Economy

Trump warns homeless to leave Washington, D.C., ‘immediately’

August 11, 2025

President Donald Trump's remarks come as he has increased his rhetoric about countering crime in the District in recent days.…

Democrats slam GOP redistricting fight as ‘cheating’ as Texas Gov. Abbott threatens arrests
Economy

Democrats slam GOP redistricting fight as ‘cheating’ as Texas Gov. Abbott threatens arrests

August 11, 2025

Democratic lawmakers said the party has "got to fight back" against the redistricting effort in Texas. ...

Economy

SoftBank founder Son makes his biggest bet by staking the Japanese giant’s future on AI

August 11, 2025

SoftBank founder Masayoshi Son has been thinking about AI in various forms for more than a decade, according to former…

Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
Economy

Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports

August 11, 2025

The arrangement comes as President Donald Trump's tariffs continue to reverberate through the global economy. ...

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Crypto World

1
Cryptocurrency, Markets

XRP price copies 2025 chart fractal that last time sparked 66% gains

May 5, 2026

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive…

2
Cryptocurrency

Bernstein cites $4T tokenized credit opportunity for Figure Technology stock

May 5, 2026

Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond its roots as a fintech lender, according to Bernstein.In a Tuesday…

3
Cryptocurrency

US prosecutors ask for leniency for ex-Celsius exec, citing cooperation

May 5, 2026

Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius.In a Monday letter filed in the US District Court for the Southern District of…

4
Cryptocurrency

CFTC sees mixed responses to prediction market rulemaking

May 4, 2026

The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s…

Economy

Economy

Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models

May 5, 2026
Economy

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

May 5, 2026
Economy

Intel soars 14% on report of Apple chip talks, hits new all-time high

May 5, 2026
Economy

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

May 4, 2026
Economy

Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition

May 4, 2026
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