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Category: Business

Betting markets show Mamdani maintains a big lead in NYC mayoral race
Business

Betting markets show Mamdani maintains a big lead in NYC mayoral race

August 21, 2025

Zohran Mamdani is the frontrunner to win NYC mayoral race, according to prediction markets, leading rivals such like Andrew Cuomo,…

CVS Caremark ordered to pay $290M after Medicare fraud scheme exposed by former Aetna whistleblower
Business

CVS Caremark ordered to pay $290M after Medicare fraud scheme exposed by former Aetna whistleblower

August 21, 2025

Whistleblower Sarah Behnke's lawsuit leads to a $290 million judgment against CVS Caremark for overcharging Medicare on prescription drugs in…

From intern to CEO: Who is Michael Fiddelke, Target’s next chief executive?
Business

From intern to CEO: Who is Michael Fiddelke, Target’s next chief executive?

August 21, 2025

Michael Fiddelke will become Target's new CEO in February 2026, completing a remarkable 22-year journey from company intern to chief…

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision
Business

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

August 21, 2025

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest…

Federal Trade Commission sues LA Fitness operators over ‘exceedingly difficult’ membership cancellations
Business

Federal Trade Commission sues LA Fitness operators over ‘exceedingly difficult’ membership cancellations

August 21, 2025

The Federal Trade Commission targets LA Fitness and Esporta Fitness operators for alleged consumer protection violations related to difficult subscription…

Swatch apologizes for offending Asian market with ‘slanted eyes’ watch ad
Business

Swatch apologizes for offending Asian market with ‘slanted eyes’ watch ad

August 20, 2025

Swiss watch maker Swatch faced criticism from Chinese social media users over a controversial ad showing a model pulling his…

Costco’s Pepsi-to-Coke switch goes viral as members sound off
Business

Costco’s Pepsi-to-Coke switch goes viral as members sound off

August 20, 2025

Membership warehouse chain Costco completed a nationwide transition to Coca-Cola products in food courts, ending an 11-year partnership with PepsiCo…

Trump blasts appeals court for halting Resolution Copper land transfer
Business

Trump blasts appeals court for halting Resolution Copper land transfer

August 20, 2025

President Trump calls court blocking of Arizona copper mine project 'anti-American' as 9th Circuit temporarily halts land transfer needed for…

Google strikes major nuclear power deal to fuel AI data centers with 50 megawatt capacity
Business

Google strikes major nuclear power deal to fuel AI data centers with 50 megawatt capacity

August 20, 2025

Tennessee Valley Authority becomes first utility to purchase power from GEN IV reactor through Google and Kairos Power partnership for…

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Crypto World

1
Cryptocurrency

Bitcoin OG’s selling to ‘weak’ hands will deepen selloffs: Peter Schiff

November 23, 2025

The transfer of Bitcoin (BTC) from long-term holders, also known as “OGs,” to “weak” hands will cause future drawdowns to be more severe, according to gold investor and economist Peter Schiff.Bitcoin is “finally having its…

2
Cryptocurrency

BlackRock’s Bitcoin clients aren’t ‘underwriting’ the case for global payments

November 23, 2025

BlackRock’s head of digital assets, Robbie Mitchnick, said that most of the world’s largest asset managers’ clients aren’t considering Bitcoin’s use for daily payments when deciding whether to invest in the asset.“I think for us,…

3
Cryptocurrency

Crypto conditions signal unlikely chance of ‘major capitulation’: Lyn Alden

November 23, 2025

A significant crash for Bitcoin and the broader crypto market doesn’t look likely at this stage, according to macroeconomist Lyn Alden.“We haven’t hit euphoric levels in this cycle; therefore, there is less of a reason…

4
Cryptocurrency

Bitcoin ATM firm explores $100M sale following CEO’s federal indictment

November 23, 2025

Crypto Dispensers, a Chicago-based operator of Bitcoin ATMs, is considering a potential $100 million sale as its founder faces federal money laundering charges. In a Friday press release, the company announced that it has hired…

Economy

Economy

Anthropic unveils Claude Opus 4.5, its latest AI model following $350 billion valuation

November 24, 2025
Economy

OpenAI announces shopping research tool in latest e-commerce push

November 24, 2025
Economy

Michael Burry launches newsletter to lay out his AI bubble views after deregistering hedge fund

November 24, 2025
Economy

Judge dismisses James Comey and Letitia James cases over ‘unlawful’ prosecutor appointment

November 24, 2025
Economy

Amazon to spend up to $50 billion on AI infrastructure for U.S. government

November 24, 2025
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