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Category: Economy

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino
Economy

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

July 5, 2025

While "F1" was a victory lap for Apple, Wall Street's reaction to the company's AI announcements at WWDC suggest there's…

OPEC+ members agree to larger-than-expected oil production hike in August
Economy

OPEC+ members agree to larger-than-expected oil production hike in August

July 5, 2025

Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 barrels…

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’
Economy

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’

July 4, 2025

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under Trump's…

Investing in Space: One big beautiful windfall
Economy

Investing in Space: One big beautiful windfall

July 4, 2025

U.S. President Donald Trump's tax and spending megabill narrowly cleared the House of Representatives on Thursday, after days of political…

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart
Economy

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart

July 4, 2025

Analysts say the fears of regulatory headwinds are overblown as Gen Zers and millennials, rather than young children, are Pop…

House narrowly passes Trump’s megabill in major victory for Republicans
Economy

House narrowly passes Trump’s megabill in major victory for Republicans

July 4, 2025

President Donald Trump worked the phones late into the night to help House Republican leadership deliver his second-term policy agenda. …

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims
Economy

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims

July 4, 2025

The U.S. trading firm's entities are "further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly." ...

Microsoft laying off about 9,000 employees in latest round of cuts
Economy

Microsoft laying off about 9,000 employees in latest round of cuts

July 3, 2025

Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies. ...

Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index
Economy

Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index

July 3, 2025

Hewlett Packard Enterprise's closing of its Juniper deal created an opening in the index, which has added several technology companies…

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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

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
Economy

Meme stock GameStop makes $56 billion offer for eBay in bid to rival Amazon

May 4, 2026
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
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