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Category: Economy

Consumer inflation fears spike in February as tariff worries hit sentiment
Economy

Consumer inflation fears spike in February as tariff worries hit sentiment

February 7, 2025

Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest…

Economy

Ford beats earnings expectations but forecasts tougher year ahead

February 6, 2025

Ford Motor beat Wall Street's top- and bottom-line expectations for the fourth quarter but forecast a tougher year ahead for…

Economy

MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter

February 6, 2025

The largest corporate holder of bitcoin said it's almost halfway to its $42 billion capital raising goal after it went…

Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance
Economy

Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance

February 6, 2025

The company also issued a 2025 guidance that fell short of expectations, as some of the company's older drugs face…

Peloton posts better than expected holiday sales thanks in part to Costco
Economy

Peloton posts better than expected holiday sales thanks in part to Costco

February 6, 2025

Peloton has shifted its focus to boosting profitability at the expense of growing sales by cutting marketing and other administraitive…

Eli Lilly posts mixed quarter even as demand for weight loss, diabetes drugs soars
Economy

Eli Lilly posts mixed quarter even as demand for weight loss, diabetes drugs soars

February 6, 2025

The results were consistent with the preliminary results Eli Lilly shared in January, which disappointed investors. ...

Nissan and Honda shares rise as report says automakers may call off merger talks
Economy

Nissan and Honda shares rise as report says automakers may call off merger talks

February 5, 2025

Honda and Nissan are considering calling off their merger talks, Japan's Asahi Shimbun reported on Wednesday citing several sources. ...

Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Economy

Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds

February 5, 2025

Jefferson echoed recent statements from other officials that it's in the Fed's best interest to move slowly as it evaluates…

AMD reports profit beat, but misses on data center revenue
Economy

AMD reports profit beat, but misses on data center revenue

February 5, 2025

AMD reported better-than-expected results on Tuesday, but data center revenue trailed analysts' estimates ...

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Crypto World

1
Cryptocurrency

Battle between Bitcoin bulls and bears spills over into 2026: Here’s the price levels to watch

January 2, 2026

Key points:Bitcoin is bearish in the short term and could plunge to $50,000 if the $74,508 level is breached.The short-term trend is likely to turn bullish above $100,000, opening the doors for a rally to…

2
Cryptocurrency

No, whales are not accumulating massive amounts of Bitcoin: CryptoQuant

January 2, 2026

Speculation that Bitcoin whales are engaged in a massive reaccumulation phase has been significantly overstated, suggesting the digital asset market structure has not materially changed, according to onchain data from CryptoQuant.The popular narrative that large…

3
Cryptocurrency

BitMine chairman proposes 1,000x increase in company’s authorized shares, to 50B

January 2, 2026

Tom Lee, chairman of publicly listed Ether treasury company BitMine, urged shareholders to back a proposal to dramatically increase the company’s authorized share count to 50 billion from 50 million, citing the potential need for…

4
Cryptocurrency

Binance delists FLOW/BTC pair, flags token after exploit

January 2, 2026

Cryptocurrency exchange Binance has announced a change in its policies related to trading and monitoring following a $3.9 million exploit of the Flow blockchain last week.In a Friday announcement, Binance said it would remove nine…

Economy

Economy

China’s BYD overtakes Tesla as world’s top EV seller for the first time

January 2, 2026
Economy

Ken Griffin’s flagship hedge fund at Citadel rises 10.2% in volatile 2025

January 2, 2026
Economy

Ilya Lichtenstein, Bitcoin hacker behind massive crypto theft, credits Trump for early prison release

January 2, 2026
Economy

Tesla reports 418,227 deliveries for the fourth quarter, down 16%

January 2, 2026
Economy

Berkshire Hathaway shares dip as Warren Buffett exits and Greg Abel era begins

January 2, 2026
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