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Category: Business

With the economic tumult, a serious concern has emerged: stagflation
Business

With the economic tumult, a serious concern has emerged: stagflation

May 7, 2025

Economic uncertainty surrounding President Trump's tariffs has raised concerns about stagflation hitting the U.S. economy through slow growth or contraction…

OpenAI backs off push to become for-profit company
Business

OpenAI backs off push to become for-profit company

May 6, 2025

OpenAI abandoned its effort to shift to a for-profit corporate structure, instead opting for a public benefit corporation that will…

Treasury Secretary Bessent tells investors Trump’s policies will deliver ‘golden age economy’
Business

Treasury Secretary Bessent tells investors Trump’s policies will deliver ‘golden age economy’

May 6, 2025

Treasury Secretary Bessent spoke at the Milken Institute Global Conference and said the Trump administration's policies, including tax cuts and…

Newark air traffic controllers lost radar, radio communications with planes for over a minute, sparking chaos
Business

Newark air traffic controllers lost radar, radio communications with planes for over a minute, sparking chaos

May 6, 2025

A report found that air traffic controllers recently experienced a brief loss of radar and radio signals while managing flights…

EV maker recalls over 27K vehicles over risk of rearview camera display malfunctioning
Business

EV maker recalls over 27K vehicles over risk of rearview camera display malfunctioning

May 6, 2025

Polestar is recalling 27,800 of its Polestar 2 electric vehicles in the U.S. over the risk that their rearview camera…

Cisco, UPS, other companies adjusting workforce as they embrace AI: report
Business

Cisco, UPS, other companies adjusting workforce as they embrace AI: report

May 6, 2025

Some companies have been adjusting their workforce as they simultaneously embrace more artificial intelligence and automation, according to Forbes. ...

Former Obama vacation retreat on Martha’s Vineyard goes on sale for $39M
Business

Former Obama vacation retreat on Martha’s Vineyard goes on sale for $39M

May 4, 2025

An multimillion-dollar estate that former President Barack Obama's family stayed at several times during trips to Martha’s Vineyard is on…

Coffee brand by veteran fire captain launches contribution initiative with profound mission
Business

Coffee brand by veteran fire captain launches contribution initiative with profound mission

May 4, 2025

Rick Brandelli, a former LA County fire captain launched a coffee brand and collaboration with the Fire Family Foundation nonprofit…

Spain’s push for net-zero backfires with crippling power outage across 2 nations
Business

Spain’s push for net-zero backfires with crippling power outage across 2 nations

May 4, 2025

Spain and Portugal faced a major power outage with unclear causes. Experts debate whether renewable energy transition, weather conditions or…

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Crypto World

1
Cryptocurrency

Lombard taps Bitwise to offer Bitcoin yield and lending to institutional custody

March 24, 2026

Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds of…

2
Cryptocurrency

CFTC chief launches innovation task force focused on crypto framework

March 24, 2026

Chair Michael Selig said that the task force was an example of “future-proofing“ regulation at the Commodity Futures Trading Commission.The US Commodity Futures Trading Commission (CFTC) is looking to embrace innovation in its regulatory approach…

3
Cryptocurrency

Circle taps African fintech Sasai to expand USDC adoption in cross-border payments

March 24, 2026

Circle is partnering with Sasai Fintech to expand the use of its USDC stablecoin across African payment corridors, targeting remittances, business transactions and mobile wallet services.According to Tuesday’s announcement, collaboration will integrate the second-biggest stablecoin…

4
Cryptocurrency

Sweden’s H100 targets Norwegian firms in all-stock Bitcoin deal

March 23, 2026

Sweden-listed health-tech and Bitcoin (BTC) treasury company H100 Group has entered into a letter of intent (LOI) with the shareholders of privately-held Norwegian Bitcoin companies Moonshot and Never Say Die to acquire all shares of…

Economy

Economy

Republicans balk at Senate Democrats’ DHS shutdown counteroffer

March 26, 2026
Economy

Trump says Justices Barrett, Gorsuch ‘sicken me’ after Supreme Court tariff ruling

March 26, 2026
Economy

Iran has no intention to hold talks with U.S; foreign minister says Trump proposal to end war being reviewed

March 26, 2026
Economy

World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC

March 24, 2026
Economy

Kuwait says Strait of Hormuz closure is beyond catastrophic, will trigger domino effect across global economy

March 24, 2026
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