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Category: Economy

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates
Economy

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates

July 10, 2025

AWS is trying to address the need for more data center cooling by developing its own hardware. ...

Economy

Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

July 10, 2025

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto's price into…

Linda Yaccarino steps down as CEO of Elon Musk’s X
Economy

Linda Yaccarino steps down as CEO of Elon Musk’s X

July 10, 2025

Yaccarino's departure comes one day after Musk's artificial intelligence chatbot Grok repeatedly made antisemitic comments. ...

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero
Economy

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero

July 10, 2025

The standalone cereal business WK Kellogg began trading in 2023. ...

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva
Economy

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva

July 10, 2025

President Donald Trump said the United States will impose a 50% tariff on imports from Brazil. ...

Trump announces steep tariffs on 14 countries starting Aug. 1
Economy

Trump announces steep tariffs on 14 countries starting Aug. 1

July 8, 2025

President Donald Trump, in social media posts, shared screenshots of signed form letters dictating new tariff rates to the leaders…

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments
Economy

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

July 8, 2025

Shaun Maguire, an outspoken Trump supporter, is getting publicly criticized for recent posts about New York City Democratic mayoral candidate…

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up
Economy

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up

July 8, 2025

The world's 20 most valuable sports ownership groups are worth a combined $225 billion, according to CNBC's Most Valuable Sports…

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
Economy

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

July 8, 2025

Boeing handed over 60 airplanes last month, the most since December 2023. ...

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Crypto World

1
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…

2
Cryptocurrency

Changing Basel rules could unlock ‘huge’ liquidity for BTC: Analyst

March 15, 2026

The Basel III rules, which govern bank capital requirements, are set to be updated in 2026, and if Bitcoin (BTC) receives a lower risk rating in the revised rules, it could potentially trigger a “huge”…

3
Cryptocurrency

CLARITY Act 2026 odds ‘extremely low’ if not passed before April: Exec

March 15, 2026

The US CLARITY Act, which aims to bring greater regulatory clarity to the crypto industry, may have little chance of passing this year if it doesn’t move forward within the next seven weeks, according to…

4
Cryptocurrency

Bitcoin miners saw the AI power crunch coming — and the nuclear revival

March 13, 2026

Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity.According to the latest Miner Weekly newsletter from TheEnergyMag, recent annual filings suggest…

Economy

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
Economy

Fertitta in weekend deal talks to acquire Caesars, while billionaire Carl Icahn waits in the wings

March 15, 2026
Economy

How the Iran war could start to impact U.S. retail prices

March 13, 2026
Economy

Pete Hegseth on Strait of Hormuz: ‘Don’t need to worry about it’

March 13, 2026
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