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Category: Economy

Harris victory seen as most likely election outcome, according to CNBC Fed Survey
Economy

Harris victory seen as most likely election outcome, according to CNBC Fed Survey

September 18, 2024

The survey was taken several days after the first and possibly only debate between Vice President Kamala Harris and Donald…

The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
Economy

The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect

September 18, 2024

While markets have made up their mind that the Fed is going to cut, there's a vigorous debate over how…

The Bank of Japan’s next rate hike may come in December, not this week: CNBC survey
Economy

The Bank of Japan’s next rate hike may come in December, not this week: CNBC survey

September 16, 2024

CNBC surveyed economists, FX strategists and Japan-focused fund managers on their BOJ expectations and year-end forecast for the yen. ...

Suspect in apparent Trump assassination attempt charged with two gun crimes, appears in court
Economy

Suspect in apparent Trump assassination attempt charged with two gun crimes, appears in court

September 16, 2024

Republican presidential nominee Donald Trump narrowly survived a prior assassination attempt at a campaign rally two months earlier. ...

Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike
Economy

Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

September 16, 2024

Boeing also said it will pause nonessential staff travel and reduce supplier spending as it deals with a strike by…

Amazon tells employees to return to office five days a week
Economy

Amazon tells employees to return to office five days a week

September 16, 2024

Amazon CEO Andy Jassy is instructing corporate staffers to work out of the office five days a week. ...

Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding
Economy

Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding

September 16, 2024

Intel said it's turning its foundry business into an independent unit with its own board and the potential to raise…

Bitcoin network hits record level of power, but falling profits push miners to AI
Economy

Bitcoin network hits record level of power, but falling profits push miners to AI

September 15, 2024

Bitcoin mining is becoming a more difficult business as the network gains strength. ...

DirecTV, Disney reach deal to end blackout in time for college football
Economy

DirecTV, Disney reach deal to end blackout in time for college football

September 15, 2024

Disney and DirecTV have reached a deal to end a blackout in time for college football this weekend. ...

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Crypto World

1
Cryptocurrency

Is Bitcoin about to go parabolic? BTC price targets include $160K next

May 9, 2025

Key points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest…

2
Cryptocurrency

AI's GPU obsession blinds us to a cheaper, smarter solution

May 9, 2025

Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense…

3
Cryptocurrency

Chance of Bitcoin price highs above $110K in May increasing — Here’s why

May 9, 2025

Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering…

4
Cryptocurrency

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

May 9, 2025

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on…

Economy

Economy

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

May 9, 2025
Economy

Trump backs tax hike on the rich, but says GOP ‘probably’ shouldn’t do it

May 9, 2025
Economy

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

May 9, 2025
Economy

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 9, 2025
Economy

Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks

May 9, 2025
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