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Economy

Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks’
Economy

Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks’

July 25, 2025

"There are no more blank checks. Every investment must make economic sense," Tan wrote. ...

Trump spars with Powell over renovation costs during Fed visit, but backs off firing threats
Economy

Trump spars with Powell over renovation costs during Fed visit, but backs off firing threats

July 25, 2025

Trump has previously signaled he was considering whether to fire Powell, though it is unclear if he has the legal…

IBM shares drop as software revenue misses
Economy

IBM shares drop as software revenue misses

July 23, 2025

IBM delivered stronger earnings and income than expected and raised its forecast for full-year free cash flow. But software revenue…

Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates
Economy

Nvidia supplier SK Hynix second-quarter profit and revenue hit record highs, topping estimates

July 23, 2025

Revenue rose about 35% in the June quarter compared with the same period a year earlier, while operating profit rose…

Chipotle stock tumbles 9% after chain cuts same-store sales forecast
Economy

Chipotle stock tumbles 9% after chain cuts same-store sales forecast

July 23, 2025

Shares of Chipotle have fallen 13% this year, dragging its market cap down to $71.1 billion. ...

Tesla reports sales miss as auto revenue drops for second straight quarter
Economy

Tesla reports sales miss as auto revenue drops for second straight quarter

July 23, 2025

Tesla’s second-quarter earnings call comes as Elon Musk’s automaker tries to revitalize EV sales and turn its robotaxis into moneymakers.…

Alphabet beats earnings expectations, raises spending forecast
Economy

Alphabet beats earnings expectations, raises spending forecast

July 23, 2025

The company increased its capital expenditures for 2025 by $10 billion due to "strong and growing demand for our Cloud…

Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm
Economy

Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm

July 22, 2025

Treasury Secretary Scott Bessent said the U.S. is likely to hash out an extension of President Donald Trump's upcoming trade…

Credit card startup Imprint beats big banks for Rakuten co-brand deal
Economy

Credit card startup Imprint beats big banks for Rakuten co-brand deal

July 22, 2025

There is a new player making waves in an industry dominated by big banks. Imprint is a 5-year-old credit card…

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Crypto World

1
Cryptocurrency

US Senate to vote on advancing CLARITY Act in September after Thune files cloture

August 9, 2026

US Senate Majority Leader John Thune has filed cloture on a motion to take up the Digital Asset Market Clarity Act, also known as the CLARITY Act, setting up a key procedural vote on the…

2
Cryptocurrency

US spot Bitcoin ETFs post best week since April with $1B inflows

August 9, 2026

Demand for US spot Bitcoin exchange-traded funds (ETFs) rebounded sharply this week, signaling renewed investor appetite after months of uneven flows, even as uncertainty persists around digital asset regulation and the security of crypto self-custody.On…

3
Cryptocurrency

Bitcoin’s BIP-110 enters mandatory signaling with miner support below 3%

August 9, 2026

Bitcoin Improvement Proposal 110 entered its mandatory-signaling phase at block 961,632 on Saturday, with miners signaling support in just 51 of the preceding 2,016 blocks, or 2.53%, well below the 55% threshold required for early…

4
Cryptocurrency, Markets

Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets

August 7, 2026

Bitcoin (BTC) hit new August highs into Friday’s Wall Street open as markets reacted to weaker US jobs numbers.Key points:Crypto and risk assets gained after US nonfarm payrolls fell by 23,000 in July.Fed interest-rate bets…

Economy

Economy

Hugging Face hack marks start of dangerous AI cyber era and many firms ‘don’t even know it’

August 9, 2026
Economy

Iran sets conditions for opening Strait of Hormuz after UAE says one of its ships was targeted by airstrike

August 9, 2026
Economy

Here are three key takeaways from the disappointing July jobs report

August 7, 2026
Economy

Trump revives effort to fire Fed’s Lisa Cook

August 7, 2026
Economy

Trump teased an Iran deal that didn’t come, but markets soared. Here’s why it keeps happening

August 7, 2026
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