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Category: Economy

Figma CEO’s path from college dropout and Thiel fellow to tech billionaire
Economy

Figma CEO’s path from college dropout and Thiel fellow to tech billionaire

August 4, 2025

After Figma's first two days of trading on the NYSE, 33-year-old CEO Dylan Field owns a stake worth about $6.6…

‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers
Economy

‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers

August 4, 2025

The firing drew backlash from economists and others fearing that such a move will undermine trust in the key economic…

Restaurants are adding dozens of new spicy menu items in a bid for younger diners
Economy

Restaurants are adding dozens of new spicy menu items in a bid for younger diners

August 2, 2025

Spicy menu items have gained traction primarily through social media via platforms like TikTok and Instagram. ...

Here’s where the jobs are in this slowing economy
Economy

Here’s where the jobs are in this slowing economy

August 2, 2025

July's much weaker-than-expected job growth was supported primarily by the health-care sector, data from the Bureau of Labor Statistics released…

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Economy

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

August 2, 2025

Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. ...

Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets
Economy

Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets

August 2, 2025

Trump accused BLS Commissioner Erika McEntarfer of being a political appointee who was manipulating jobs data. ...

Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact
Economy

Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact

August 2, 2025

Berkshire's operating profit dipped 4% year over year to $11.16 billion in the second quarter. ...

Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop
Economy

Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop

August 1, 2025

Venture capital firms have been waiting for big exits after an extended lull in IPOs. Figma's debut is returning billions.…

TikTok took the world by storm. Now, Chinese companies are taking videos further with AI
Economy

TikTok took the world by storm. Now, Chinese companies are taking videos further with AI

August 1, 2025

Chinese companies are capitalizing on a trove of video and gaming experience to ramp up money-making AI tools for generating…

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Crypto World

1
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

2
Cryptocurrency

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

May 2, 2026

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining…

3
Cryptocurrency

A16z sides with CFTC against states seeking to ban prediction markets

May 2, 2026

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.The venture capital…

4
Cryptocurrency

Brazil bars crypto settlement in regulated cross-border payment rails

May 1, 2026

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On…

Economy

Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
Economy

Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era

May 2, 2026
Economy

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

May 1, 2026
Economy

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue

May 1, 2026
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