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Category: Economy

China’s industrial profits fall by 10% in October as deflation worries linger
Economy

China’s industrial profits fall by 10% in October as deflation worries linger

November 27, 2024

Industrial profits are a key gauge of the financial health of factories, mines and utilities in China. ...

‘Europe’s Detroit’ built a thriving car industry. Trump tariffs now threaten to unravel its success
Economy

‘Europe’s Detroit’ built a thriving car industry. Trump tariffs now threaten to unravel its success

November 27, 2024

A small landlocked country in the heart of Europe appears to be uniquely exposed to President-elect Donald Trump's "America First"…

OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
Economy

OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer

November 27, 2024

OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led…

Israel-Hezbollah permanent ceasefire has been accepted, Biden says
Economy

Israel-Hezbollah permanent ceasefire has been accepted, Biden says

November 27, 2024

Israel and Lebanon have agreed to a permanent ceasefire in cross-border hostilities between the Jewish state and Hezbollah militants. ...

Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Economy

Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show

November 27, 2024

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate…

Starbucks baristas can’t view their schedules after ransomware attack on vendor
Economy

Starbucks baristas can’t view their schedules after ransomware attack on vendor

November 25, 2024

Starbucks baristas are not able to view and manage their schedules because of a ransomware attack on one of the…

Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan
Economy

Kohl’s CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

November 25, 2024

Kohl's CEO Tom Kingsbury is stepping down on Jan. 15, to be replaced by current Michaels CEO Ashley Buchanan. ...

Zoom surpasses expectations and calls for another quarter of single-digit growth
Economy

Zoom surpasses expectations and calls for another quarter of single-digit growth

November 25, 2024

Zoom's business is still growing, but not nearly at the rate of expansion during the pandemic. ...

Republicans gear up for the coming battle over $5 trillion tax cut’s costs
Economy

Republicans gear up for the coming battle over $5 trillion tax cut’s costs

November 25, 2024

Republicans are united on extending the 2017 tax cuts, but at odds on how to offset the cost. ...

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Crypto World

1
Cryptocurrency

Who’s winning the West’s crypto regulation race?

July 4, 2025

While the European Union and United Kingdom push forward with cautious crypto frameworks, the United States is suddenly emerging as a front-runner in global digital asset policy thanks to a blitz of legislation, political momentum…

2
Cryptocurrency

Solana bot scam on GitHub steals crypto from users

July 4, 2025

A GitHub repository posing as a legitimate Solana trading bot has been exposed for reportedly hiding crypto-stealing malware.According to a Friday report by blockchain security firm SlowMist, the now-deleted solana-pumpfun-bot repository hosted by account “zldp2002”…

3
Cryptocurrency

Binance taps ex-Gemini exec Gillian Lynch to reboot Europe push

July 4, 2025

Binance, the world’s largest cryptocurrency exchange, has appointed Gillian Lynch as its new head of Europe and the United Kingdom, signaling a renewed push to secure regulatory approval across the region.Lynch brings more than 20…

4
Cryptocurrency

FTX estate asks court to freeze payouts in ‘restricted’ countries

July 4, 2025

FTX’s bankruptcy estate has raised concerns over payouts to creditors in countries with ambiguous or restrictive cryptocurrency regulations.On Wednesday, the FTX estate filed a motion with the US Bankruptcy Court for the District of Delaware,…

Economy

Economy

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’

July 4, 2025
Economy

Investing in Space: One big beautiful windfall

July 4, 2025
Economy

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart

July 4, 2025
Economy

House narrowly passes Trump’s megabill in major victory for Republicans

July 4, 2025
Economy

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims

July 4, 2025
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