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Category: Economy

Starbucks to lay off 1,100 corporate workers as sales sag
Economy

Starbucks to lay off 1,100 corporate workers as sales sag

February 24, 2025

Starbucks made the layoff announcement after four straight quarters of falling same-store sales. ...

Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Economy

Apple to open AI server factory in Texas as part of $500 billion U.S. investment

February 24, 2025

Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston. ...

This country is the No. 1 solo travel destination for 2025—it’s not the United States
Economy

This country is the No. 1 solo travel destination for 2025—it’s not the United States

February 23, 2025

The Kensington report ranked the countries based on responses from "affluent" travelers on several surveys. ...

Economy

President Trump is losing the stock market war to the rest of the world so far. Here’s where investors are taking advantage

February 23, 2025

Emerging market stocks, China and European stocks are beating U.S. indexes since the inauguration of Donald Trump. ...

Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Economy

Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong

February 23, 2025

Walmart is coming off a tough week after delivering a slowing profit growth forecast. ...

MSG Networks reaches deal with Altice USA to bring back New York Knicks, Rangers games
Economy

MSG Networks reaches deal with Altice USA to bring back New York Knicks, Rangers games

February 23, 2025

Altice USA ends blackout with MSG Networks, restores New York Knicks, Rangers, Islanders, Devils games. ...

Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter
Economy

Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter

February 23, 2025

"The great majority of your money remains in equities," Buffett wrote in his highly-anticipated annual letter. "That preference won't change."…

Shortage of Novo Nordisk’s Wegovy and Ozempic drugs is resolved, FDA says
Economy

Shortage of Novo Nordisk’s Wegovy and Ozempic drugs is resolved, FDA says

February 21, 2025

The FDA's decision will threaten the ability of compounding pharmacies to make far cheaper, unbranded versions of the injections over…

Home sales drop sharply as prices hit an all-time high for January
Economy

Home sales drop sharply as prices hit an all-time high for January

February 21, 2025

The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest…

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Crypto World

1
Cryptocurrency

CZ pardon was considered with ‘utmost seriousness,’ White House says

November 5, 2025

The White House carefully considered Binance founder Changpeng Zhao’s pardon and went through the standard processes before sending it to President Donald Trump for his approval, says White House press secretary Karoline Leavitt.Trump defended the…

2
Cryptocurrency

ZKsync creator floats governance token revamp to add ‘economic utility’

November 5, 2025

The co-creator of the Ethereum-scaling solution ZKsync has proposed a major overhaul of its governance token, arguing it should prioritize “economic utility.”In a post on Tuesday to the ZKsync forum, Alex Gluchowski argued that while…

3
Cryptocurrency

Strategy won’t face Bitcoin liquidation in the next bear market: Willy Woo

November 5, 2025

Michael Saylor’s Strategy (MSTR) won’t have to sell off part of its Bitcoin stash to cover its debt in the next significant crypto market downturn, according to Bitcoin analyst Willy Woo.“MSTR liquidation in the next…

4
Cryptocurrency

Crypto exchange Gemini eyes integrating prediction markets: Report

November 5, 2025

Crypto exchange Gemini Space Station Inc. is reportedly preparing to enter the prediction markets arena, following similar moves by the likes of Coinbase and MetaMask in recent months.Gemini is looking to enter the prediction markets…

Economy

Economy

Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups

November 5, 2025
Economy

Democratic candidate Mikie Sherrill wins New Jersey governor’s race, NBC News projects

November 5, 2025
Economy

SoftBank market cap drops by about $32 billion as Asian AI stocks slide on valuation jitters

November 5, 2025
Economy

Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount

November 5, 2025
Economy

Democrats win big on Election Night in key races

November 5, 2025
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