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Category: Economy

Economy

Nvidia drops 16% as China’s DeepSeek AI model sparks global tech sell-off

January 27, 2025

DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost…

Economy

Here’s what CEOs are saying about DEI at Davos

January 26, 2025

On the ground in Davos, DEI has been the subject of conversation both on the record and behind closed doors.…

How China’s new AI model DeepSeek is threatening U.S. dominance
Economy

How China’s new AI model DeepSeek is threatening U.S. dominance

January 26, 2025

An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and…

CIA believes Covid-19 likely caused by lab leak, NBC News reports
Economy

CIA believes Covid-19 likely caused by lab leak, NBC News reports

January 26, 2025

"CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible." ...

Aerial firefighting companies’ new challenge: Keeping up with demand
Economy

Aerial firefighting companies’ new challenge: Keeping up with demand

January 26, 2025

Aerial firefighting companies supplement federal and state firefighting fleets, and their services are in high demand. ...

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry
Economy

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry

January 24, 2025

"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an…

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth
Economy

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth

January 24, 2025

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year…

Target rolls back DEI initiatives, the latest big company to retreat
Economy

Target rolls back DEI initiatives, the latest big company to retreat

January 24, 2025

Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs. ...

Trump recommends ending FEMA ahead of California fire site visit
Economy

Trump recommends ending FEMA ahead of California fire site visit

January 24, 2025

President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved…

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Crypto World

1
Cryptocurrency

JPMorgan explores crypto trading for institutional clients: Report

December 22, 2025

Banking giant JPMorgan Chase is considering offering cryptocurrency trading to its institutional clients, marking a significant expansion for a traditional financial institution expanding its digital asset services.According to a Monday Bloomberg report citing a person…

2
Cryptocurrency

Price predictions 12/22: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH

December 22, 2025

Key points:Bitcoin is attempting to start a recovery, but higher levels are likely to attract sellers.The weak bounce in several altcoins shows that the bears continue to exert pressure.Bitcoin (BTC) rallied above $90,000 at the…

3
Cryptocurrency

Tokenized US Treasurys surge 50x since 2024, marking shift toward on-chain finance

December 22, 2025

Tokenized US Treasurys have emerged as one of the fastest-growing segments of the real-world asset (RWA) market, with data pointing to 50x growth in less than two years amid rising institutional demand for on-chain yield.Data…

4
Cryptocurrency

How US banks are quietly preparing for an onchain future

December 22, 2025

Key takeawaysUS banks are prioritizing tokenized versions of familiar products, including deposits, funds and custody, rather than launching new crypto-native assets.Most onchain bank activity is taking place in wholesale payments, settlement and infrastructure, largely out…

Economy

Economy

Paramount guarantees Larry Ellison backing in amended WBD bid

December 22, 2025
Economy

The NBA is pursuing ownership groups for a potential basketball league in Europe

December 22, 2025
Economy

Alphabet to acquire data center and energy infrastructure company Intersect

December 22, 2025
Economy

Why Warner Bros. Discovery shareholders might opt for Paramount’s offer — and why they might not

December 22, 2025
Economy

Trump halts wind projects, including Coastal Virginia Offshore Wind, Dominion stock drops 5%

December 22, 2025
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