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Category: Economy

Pfizer scraps daily weight loss pill after liver injury in one patient
Economy

Pfizer scraps daily weight loss pill after liver injury in one patient

April 14, 2025

The decision to stop developing danuglipron adds to a string of setbacks in the pharmaceutical giant's bid to win a…

More than 60% of CEOs expect a recession in the next 6 months as tariff turmoil grows, survey says
Economy

More than 60% of CEOs expect a recession in the next 6 months as tariff turmoil grows, survey says

April 14, 2025

A rising share of America's top executives sees a recessionary period on the horizon. ...

Goldman Sachs tops estimates on boom in equities trading revenue
Economy

Goldman Sachs tops estimates on boom in equities trading revenue

April 14, 2025

Goldman Sachs may prove to be a beneficiary of the recent market environment. ...

Apple, Google, Cash App alums ditch Big Tech to build on bitcoin, fueled by VC money and friendly White House
Economy

Apple, Google, Cash App alums ditch Big Tech to build on bitcoin, fueled by VC money and friendly White House

April 13, 2025

In Austin, Apple, Google, and Cash App alums ditch big paychecks for bitcoin, backed by VCs, crypto friendly policy and…

Economy

Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion

April 13, 2025

Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100…

Economy

Investors are growing concerned about a U.S. asset exodus as Treasuries and the dollar decline

April 13, 2025

The combined decline of U.S. stocks, bonds and the dollar could be a sign of a broader shift away from…

Trump tariffs on China will soon bring ‘irreversible’ damage to many American businesses
Economy

Trump tariffs on China will soon bring ‘irreversible’ damage to many American businesses

April 13, 2025

Apple's iPhone and other tech got a reprieve from Trump's China tariffs policy, but most businesses will soon face 'irreversible'…

Trump exempts phones, computers, chips from new tariffs
Economy

Trump exempts phones, computers, chips from new tariffs

April 13, 2025

Financial markets have been roiled since President Trump imposed stiff tariffs on China, where Apple and other tech companies make…

U.S. Customs reports ‘glitch’ in system used by freight shippers for tariffs
Economy

U.S. Customs reports ‘glitch’ in system used by freight shippers for tariffs

April 11, 2025

A Customs notice reported a glitch in a system shippers use to exempt freight from tariffs. Logistics experts say it…

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Crypto World

1
Cryptocurrency

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

December 19, 2025

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed…

2
Cryptocurrency

Blockchain Association says no to expanding stablecoin yield prohibition

December 19, 2025

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and…

3
Cryptocurrency

Pro-crypto US Senator Lummis won’t seek reelection in 2026

December 19, 2025

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would…

4
Cryptocurrency

SEC confirms years-long director bans for former Alameda, FTX executives

December 19, 2025

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice,…

Economy

Economy

Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

December 19, 2025
Economy

Musk’s $56 billion Tesla pay package must be restored as court rules cancellation was too extreme

December 19, 2025
Economy

NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

December 19, 2025
Economy

Epstein files released by DOJ

December 19, 2025
Economy

Nine of the largest pharma companies ink deals with Trump to lower drug prices

December 19, 2025
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