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Category: Economy

Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report
Economy

Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report

June 5, 2025

Trump has branded Powell with the nickname "Too Late" as a criticism of the Fed Chair's continuing decision to hold…

After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Economy

After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’

June 5, 2025

Shift4 founder Jared Isaacman, who had been President Trump's pick to run NASA, told investors in a letter on Wednesday…

Musk whips opposition to Trump tax plan: ‘KILL the BILL’
Economy

Musk whips opposition to Trump tax plan: ‘KILL the BILL’

June 5, 2025

Musk's reaction likely comes in part because Trump's bill cuts an EV tax credit that helps Tesla, a source familiar…

Stablecoin issuer Circle prices IPO at $31 per share, above expected range, ahead of NYSE debut
Economy

Stablecoin issuer Circle prices IPO at $31 per share, above expected range, ahead of NYSE debut

June 5, 2025

Circle, the issuer of one of the biggest stablecoins, priced its IPO at $31per share, above its expected range and…

Economy

Meta signs nuclear power deal with Constellation Energy

June 3, 2025

Meta has signed a 20-year agreement to buy nuclear power from Constellation Energy, continuing the wave of tech giants teaming…

Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown
Economy

Tesla’s planned robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown

June 3, 2025

Tech companies are testing self-driving cars in Texas, with Elon Musk and Tesla getting set to join the growing market.…

Trump slams GOP Sen. Rand Paul for opposing ‘big, beautiful bill’ due to $5 trillion debt ceiling hike
Economy

Trump slams GOP Sen. Rand Paul for opposing ‘big, beautiful bill’ due to $5 trillion debt ceiling hike

June 3, 2025

Trump's reaction to Paul shows him pressuring Republican holdouts to back the "big beautiful bill" that covers much of the…

Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy
Economy

Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy

June 3, 2025

Cook expressed concern Tuesday with the progress on inflation, saying recent lower readings could reverse. ...

Job openings showed surprising increase to 7.4 million in April
Economy

Job openings showed surprising increase to 7.4 million in April

June 3, 2025

Employers increased job openings more than expected in April while hiring and layoffs also both rose. ...

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Crypto World

1
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…

2
Cryptocurrency

Revolut users report Bitcoin price glitch showing BTC at 2 cents

May 8, 2026

Revolut users reported that the app briefly displayed Bitcoin prices plunging to around $39,900 on Friday, while some traders also received notifications suggesting extreme price moves, including that BTC had reached a 52-week low of…

3
Cryptocurrency

Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says

May 8, 2026

European Central Bank (ECB) President Christine Lagarde said stablecoins are not Europe’s best route to strengthening the euro’s international role, pushing back against calls to respond to US dollar-backed stablecoins with euro-denominated tokens.Speaking on Friday…

4
Cryptocurrency, Markets

Bitcoin market dominance moves above 61%: Will altcoins follow?

May 7, 2026

Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the…

Economy

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
Economy

Here’s what to expect from Friday’s release of the April jobs report

May 8, 2026
Economy

Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers

May 7, 2026
Economy

Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty

May 7, 2026
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