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Category: Economy

Tesla investors are growing wary of Elon Musk’s futuristic promises
Economy

Tesla investors are growing wary of Elon Musk’s futuristic promises

July 26, 2025

Tesla shares plummeted as CEO Elon Musk's promises for robotaxis failed to excite investors following another disappointing earnings report. ...

Trump’s trade deals and tariffs are on the chopping block in court. What happens next
Economy

Trump’s trade deals and tariffs are on the chopping block in court. What happens next

July 26, 2025

Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused "reciprocal" tariffs are…

China releases AI action plan days after the U.S. as global tech race heats up
Economy

China releases AI action plan days after the U.S. as global tech race heats up

July 26, 2025

China on Saturday released a global action plan for artificial intelligence that called for international cooperation on tech development and…

EU chief to meet Trump in Scotland in push to avoid a transatlantic trade war
Economy

EU chief to meet Trump in Scotland in push to avoid a transatlantic trade war

July 26, 2025

"I think we have a good 50/50 chance. That's a lot," Trump said. ...

Under Trump, Uncle Sam is becoming an active investor at a scale not seen outside war or major crises
Economy

Under Trump, Uncle Sam is becoming an active investor at a scale not seen outside war or major crises

July 26, 2025

The Trump administration has shown that it's willing to buy up stakes in publicly traded companies, a level of intervention…

India appears unfazed as trade deadline with the U.S. nears. Here’s why
Economy

India appears unfazed as trade deadline with the U.S. nears. Here’s why

July 25, 2025

As the window to seal a trade deal with the U.S. closes, analysts say Washington has its reasons to finalize…

Investing in Space: NASA’s months of reckoning
Economy

Investing in Space: NASA’s months of reckoning

July 25, 2025

A group of 360 current and former employees penned a letter rebuking "rapid and wasteful changes" across staffing, mission and…

Trump’s Scotland visit opens door for UK to settle some unfinished business
Economy

Trump’s Scotland visit opens door for UK to settle some unfinished business

July 25, 2025

The U.S. president is due to visit Trump-owned golf courses in Scotland and meet informally with the British prime minister…

Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks’
Economy

Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks’

July 25, 2025

"There are no more blank checks. Every investment must make economic sense," Tan wrote. ...

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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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