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Category: Economy

DOJ indicates it’s considering Google breakup following monopoly ruling
Economy

DOJ indicates it’s considering Google breakup following monopoly ruling

October 9, 2024

The Department of Justice late Tuesday indicated that it was considering a possible breakup of Google as an antitrust remedy.…

Walmart-owned Sam’s Club tests a future without checkout lines
Economy

Walmart-owned Sam’s Club tests a future without checkout lines

October 8, 2024

The retailer's newest location doubles down on Sam's Club's bet on digital to drive growth and compete with Costco. ...

Samsung posts disappointing third-quarter profit guidance as it grapples with AI chips
Economy

Samsung posts disappointing third-quarter profit guidance as it grapples with AI chips

October 8, 2024

Samsung posts worse-than-expected guidance for third quarter ...

Samsung issues lengthy apology after disappointing profit guidance — read the full statement
Economy

Samsung issues lengthy apology after disappointing profit guidance — read the full statement

October 8, 2024

Samsung Vice Chairman, Jun Young-hyun, who is the new head of the company's Device Solutions Division, issued a rare apology.…

Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve
Economy

Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve

October 8, 2024

Foxconn Chairman Young Liu told CNBC the artificial intelligence boom "still has some time to go" as AI models are…

Shares of generator maker Generac soar, insurance stocks fall as Hurricane Milton intensifies
Economy

Shares of generator maker Generac soar, insurance stocks fall as Hurricane Milton intensifies

October 8, 2024

Power generation and insurance stocks are moving as Hurricane Milton heads toward Florida. ...

There’s a ‘hidden truth about American-style capitalism’ that investors need to know, Josh Brown says
Economy

There’s a ‘hidden truth about American-style capitalism’ that investors need to know, Josh Brown says

October 6, 2024

CNBC spoke with Josh Brown in early October about his new book, "You Weren’t Supposed To See That: Secrets Every…

‘Joker: Folie a Deux’ snares $40 million in domestic debut, less than half of first film
Economy

‘Joker: Folie a Deux’ snares $40 million in domestic debut, less than half of first film

October 6, 2024

"Joker: Folie a Deux" stumbled to just $40 million in domestic ticket sales during it opening weekend. ...

Trump holds Pennsylvania rally at same venue of first assassination attempt, joined by Musk, Vance
Economy

Trump holds Pennsylvania rally at same venue of first assassination attempt, joined by Musk, Vance

October 6, 2024

Elon Musk spoke at Donald Trump's second Butler rally, marking the latest sign of support in their growing alliance. ...

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Crypto World

1
Cryptocurrency

Solana network and DeFi activity suggest SOL price rally will continue

May 13, 2025

Key takeaways:Solana's $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem.Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month.SOL’s 8% funding rate shows healthy leverage demand from bulls.Solana’s native token SOL…

2
Cryptocurrency

Coinbase invests in Canadian stablecoin issuer

May 13, 2025

Coinbase has partnered with Canadian stablecoin issuer Stablecorp in a bid to expand access to tokenized Canadian dollars, a company executive told Cointelegraph during the Blockchain Futurist Conference in Toronto.According to Coinbase Canada's CEO, Lucas…

3
Cryptocurrency

CoinShares Q1 net profit falls to $24M

May 13, 2025

CoinShares, a digital asset investment firm with offices in the United States and Europe, said its net profit fell to $24 million in the first quarter of 2025, a 42.2% decrease from the same period…

4
Cryptocurrency

US lawmakers call for change in corporate digital asset taxes

May 13, 2025

Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a provision affecting taxes on corporate holdings of digital assets.In a May 12 letter, Senators Cynthia Lummis and…

Economy

Economy

Chuck Schumer to block Trump DOJ nominees over Qatari jet

May 13, 2025
Economy

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021

May 13, 2025
Economy

Microsoft laying off about 6,000 people, or 3% of its workforce

May 13, 2025
Economy

Trump says U.S. will remove all sanctions on Syria

May 13, 2025
Economy

White House announces $600 billion Saudi investment in U.S. during Trump visit

May 13, 2025
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