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Category: Business

California cracks down on luxury car buyers evading taxes through ‘Montana Loophole’
Business

California cracks down on luxury car buyers evading taxes through ‘Montana Loophole’

April 4, 2026

California targets wealthy luxury car owners and dealers using the Montana loophole to avoid sales tax, launching audits to recover…

Meta’s Bay Area layoffs affect roughly 200 workers as company pours billions into AI infrastructure
Business

Meta’s Bay Area layoffs affect roughly 200 workers as company pours billions into AI infrastructure

April 4, 2026

Meta is cutting approximately 200 jobs in the San Francisco Bay Area as the company restructures teams and invests heavily…

Golf attire brand partners with Kelce brothers’ Garage Beer ahead of Masters Tournament
Business

Golf attire brand partners with Kelce brothers’ Garage Beer ahead of Masters Tournament

April 4, 2026

Garage Beer teamed up with Malbon Golf for a Masters week activation, bringing light beer, style and community-driven experiences to…

One year later, Trump tariffs generated billions as refunds take shape
Business

One year later, Trump tariffs generated billions as refunds take shape

April 2, 2026

One year after Trump’s “Liberation Day" tariffs, many have been struck down, with officials working to refund roughly $166 billion…

McDonald’s goes all-in on affordability: Full menu revealed for new under $3 and $4 deals
Business

McDonald’s goes all-in on affordability: Full menu revealed for new under $3 and $4 deals

April 2, 2026

Starting April 21, McDonald's rolls out a new nationwide McValue menu featuring predictable, everyday low prices to compete in the…

Mortgage rates rise for fifth straight week as Iran war continues to roil markets
Business

Mortgage rates rise for fifth straight week as Iran war continues to roil markets

April 2, 2026

The average rate on a 30-year fixed mortgage rose this week to 6.46%, according to the latest Freddie Mac data…

Virgin Galactic raises spaceflight ticket prices to $750K
Business

Virgin Galactic raises spaceflight ticket prices to $750K

April 1, 2026

Virgin Galactic has reopened limited commercial spaceflight sales at $750,000 per ticket, roughly $100,000 above its previous pre-pause list price.…

Mercedes-Benz to pour $4B into Alabama plant as Trump tariffs reshape US auto strategy
Business

Mercedes-Benz to pour $4B into Alabama plant as Trump tariffs reshape US auto strategy

April 1, 2026

Mercedes-Benz North America CEO Jason Hoff says tariffs are driving the GLC SUV production shift to Alabama as part of…

More than 4 million children enrolled in Trump Accounts savings program, IRS says
Business

More than 4 million children enrolled in Trump Accounts savings program, IRS says

April 1, 2026

Over 4 million children have enrolled in Trump Accounts, the IRS says, as the $1,000 savings initiative created under the…

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Crypto World

1
Cryptocurrency

The Nobitex dilemma: How Iran’s biggest crypto exchange stays off the OFAC blacklist

May 9, 2026

Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA.But in that digital darkness, one…

2
Cryptocurrency

The CLARITY Act will help reshore the crypto industry in the US — Attorney

May 9, 2026

Passing the Digital Asset Market Clarity Act of 2025, also known as CLARITY, will help to reshore the crypto industry in the United States, according to Bill Hughes, the senior counsel and director of global…

3
Cryptocurrency

Strategy CEO Phong Le says company will sell BTC only in specific cases

May 9, 2026

Phong Le, the CEO of Bitcoin treasury company Strategy, outlined conditions during an interview on Friday, under which the company would sell some of its Bitcoin holdings. The company will sell Bitcoin to pay the dividend…

4
Cryptocurrency, Markets

Four signs that show Ethereum’s rally is exhausted at $2.4K

May 8, 2026

Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000.Key takeaways:Low network activity signals declining usage and reduced…

Economy

Economy

Major crypto bill slated for May 14 Senate Banking Committee vote

May 9, 2026
Economy

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

May 9, 2026
Economy

Why one of the nation’s largest auto lenders isn’t worried about high vehicle prices or ‘forever loans’

May 9, 2026
Economy

Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump

May 8, 2026
Economy

Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline

May 8, 2026
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