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Category: Economy

Safer to stay home? European firms rethink travel policy over U.S. border control concerns
Economy

Safer to stay home? European firms rethink travel policy over U.S. border control concerns

June 2, 2025

"These are the sorts of things I think about when I travel to, say, China or Azerbaijan," the head of…

China counters Trump’s accusations of Geneva trade deal violations, says U.S. undermining consensus
Economy

China counters Trump’s accusations of Geneva trade deal violations, says U.S. undermining consensus

June 2, 2025

Tensions between U.S. and China have flared up after a hiatus following a meeting between Treasury Secretary Scott Bessent and…

Under-the-radar delivery apps are gaining ground in the U.S. by courting Asian restaurants
Economy

Under-the-radar delivery apps are gaining ground in the U.S. by courting Asian restaurants

May 31, 2025

Asian restaurants are utilizing delivery apps like Fantuan and HungryPanda instead of or in addition to bigger-name options. ...

DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery
Economy

DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery

May 31, 2025

DoorDash CEO Tony Xu has spent 12 years building his food delivery company from an upstart into a big acquirer.…

Pentagon chief says ready to ‘fight and win’ against China, urges Asian allies to boost defense spending
Economy

Pentagon chief says ready to ‘fight and win’ against China, urges Asian allies to boost defense spending

May 31, 2025

While playing up the U.S.'s enduring commitment to the Indo-Pacific region, Hegseth took swipes at the absence of China's defense…

EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%
Economy

EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%

May 31, 2025

President Donald Trump announced Friday that he was raising tariffs on steel imports from 25% to 50%. ...

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical
Economy

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical

May 31, 2025

Michael Saylor applauds efforts by other companies to replicate his strategy of using cash to buy bitcoin. ...

Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property
Economy

Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property

May 30, 2025

Starbase was officially formed earlier this month after Elon Musk's aerospace and defense contractor prevailed in a local election. ...

U.S. foreign tax bill sends jitters across Wall Street
Economy

U.S. foreign tax bill sends jitters across Wall Street

May 30, 2025

Trump's "One Big Beautiful Bill Act," if enshrined into law, could transform the current trade conflict into a capital war,…

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Crypto World

1
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

2
Cryptocurrency

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

May 2, 2026

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining…

3
Cryptocurrency

A16z sides with CFTC against states seeking to ban prediction markets

May 2, 2026

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.The venture capital…

4
Cryptocurrency

Brazil bars crypto settlement in regulated cross-border payment rails

May 1, 2026

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On…

Economy

Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
Economy

Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era

May 2, 2026
Economy

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

May 1, 2026
Economy

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue

May 1, 2026
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