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Category: Economy

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction’
Economy

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction’

July 18, 2025

Abbott Laboratories CEO Robert Ford unpacked his company's latest quarterly report in a Thursday interview with CNBC's Jim Cramer. ...

Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion
Economy

Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion

July 18, 2025

Neuralink labeled itself in April as a "small disadvantaged business" in a federal filing with the U.S. Small Business Administration.…

Fed Chair Powell responds to White House questions about HQ renovation
Economy

Fed Chair Powell responds to White House questions about HQ renovation

July 18, 2025

Federal Reserve Chairman Jerome Powell responded to OMB director Russ Vought's stern letter by pointing him to a public website…

Trump AG Bondi to seek release of Jeffrey Epstein case grand jury transcripts
Economy

Trump AG Bondi to seek release of Jeffrey Epstein case grand jury transcripts

July 18, 2025

President Trump has faced growing calls for Attorney General Pam Bond to reverse her decision to withhold evidence in the…

Netflix posts earnings beat as revenue grows 16% in second quarter
Economy

Netflix posts earnings beat as revenue grows 16% in second quarter

July 18, 2025

Netflix posted an earnings beat Thursday, as revenue grew 16% during the second quarter of 2025. ...

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang
Economy

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang

July 17, 2025

Scale AI said it's cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired…

Crypto regulation stumbles in Congress for a second day
Economy

Crypto regulation stumbles in Congress for a second day

July 17, 2025

The second attempt to advance a pair of crypto bills came after President Donald Trump intervened Tuesday evening to get…

Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading
Economy

Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading

July 17, 2025

Coinbase is looking to reach a new subset of consumers who aren't necessarily interested in buying or trading crypto, the…

United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’
Economy

United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’

July 17, 2025

United Airlines is the second of the major U.S. carriers to report results. ...

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Crypto World

1
Cryptocurrency

CFTC sees mixed responses to prediction market rulemaking

May 4, 2026

The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s…

2
Cryptocurrency

Bitcoin climbs past $80K for the first time since January

May 4, 2026

Bitcoin breached $80,000 on Monday, rising 2.7% over a three-hour span as Asian equities began trading, marking its highest price since Jan. 31, 2026.The Bitcoin rally began at 1:25 am UTC, rising from $78,415 to…

3
Cryptocurrency

US law firm attempts to block transfer of frozen ETH from Kelp exploit

May 4, 2026

A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are owed over $877 million in compensation and damages by North…

4
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…

Economy

Economy

Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models

May 5, 2026
Economy

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

May 5, 2026
Economy

Intel soars 14% on report of Apple chip talks, hits new all-time high

May 5, 2026
Economy

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

May 4, 2026
Economy

Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition

May 4, 2026
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