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Category: Business

National debt surpasses $38 trillion milestone for first time in US history as spending surges
Business

National debt surpasses $38 trillion milestone for first time in US history as spending surges

October 23, 2025

The U.S. national debt surpassed $38 trillion for the first time this week, growing at a record pace driven by…

Tesla recalls thousands of vehicles over battery defect that increases crash risk
Business

Tesla recalls thousands of vehicles over battery defect that increases crash risk

October 23, 2025

Nearly 13,000 Tesla vehicles are being pulled back after a defect was discovered that could cause them to lose power…

Trump administration hits Russia’s top oil firms with sanctions to stunt war funding, urges ceasefire
Business

Trump administration hits Russia’s top oil firms with sanctions to stunt war funding, urges ceasefire

October 23, 2025

The U.S. sanctioned Rosneft and Lukoil to choke off Russian war funding, urging Moscow to accept a ceasefire or face…

Bessent fires back at Warren’s $20B Argentina deal critique, invokes infamous fascist leader
Business

Bessent fires back at Warren’s $20B Argentina deal critique, invokes infamous fascist leader

October 23, 2025

Democratic Sen. Elizabeth Warren and Treasury Secretary Scott Bessent are clashing over financial aid for Argentina during the ongoing U.S.…

Coca-Cola officially rolls out cane sugar soda across US markets following Trump’s urging: report
Business

Coca-Cola officially rolls out cane sugar soda across US markets following Trump’s urging: report

October 23, 2025

Coca-Cola reportedly launches new 12-ounce glass bottles featuring its signature soda made with U.S. cane sugar in select markets this…

China responds to US-Australia rare earths deal
Business

China responds to US-Australia rare earths deal

October 21, 2025

China's government responded to the U.S.-Australia rare earths deal signed by President Donald Trump and Australian Prime Minister Anthony Albanese…

Gas prices near $3 mark for first time in years
Business

Gas prices near $3 mark for first time in years

October 21, 2025

The national average price for a gallon of regular gasoline fell to $3.05 last week as crude oil prices decline…

Cracker Barrel CEO breaks silence on logo U-turn
Business

Cracker Barrel CEO breaks silence on logo U-turn

October 21, 2025

Julie Felss Masino discusses Cracker Barrel's failed logo update and ongoing pressure from activist investor Sardar Biglari at a New…

AWS-type outages ‘won’t be the last,’ and industry faces systemic risks, warns expert
Business

AWS-type outages ‘won’t be the last,’ and industry faces systemic risks, warns expert

October 21, 2025

Vice President Bob Wambach of Dynatrace says global economy's dependence on cloud providers creates risk of systemic outages lasting hours…

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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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