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Economy

Economy

Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed

July 5, 2025

Musk has blasted President Donald Trump's "One Big Beautiful Bill," calling out the potential for the spending package to increase…

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino
Economy

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

July 5, 2025

While "F1" was a victory lap for Apple, Wall Street's reaction to the company's AI announcements at WWDC suggest there's…

OPEC+ members agree to larger-than-expected oil production hike in August
Economy

OPEC+ members agree to larger-than-expected oil production hike in August

July 5, 2025

Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 barrels…

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’
Economy

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’

July 4, 2025

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under Trump's…

Investing in Space: One big beautiful windfall
Economy

Investing in Space: One big beautiful windfall

July 4, 2025

U.S. President Donald Trump's tax and spending megabill narrowly cleared the House of Representatives on Thursday, after days of political…

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart
Economy

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart

July 4, 2025

Analysts say the fears of regulatory headwinds are overblown as Gen Zers and millennials, rather than young children, are Pop…

House narrowly passes Trump’s megabill in major victory for Republicans
Economy

House narrowly passes Trump’s megabill in major victory for Republicans

July 4, 2025

President Donald Trump worked the phones late into the night to help House Republican leadership deliver his second-term policy agenda. …

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims
Economy

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims

July 4, 2025

The U.S. trading firm's entities are "further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly." ...

Microsoft laying off about 9,000 employees in latest round of cuts
Economy

Microsoft laying off about 9,000 employees in latest round of cuts

July 3, 2025

Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies. ...

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Crypto World

1
Cryptocurrency

OG.com seeks CFTC approval for single-stock perpetual futures

September 26, 2026

OG.com Markets is seeking US regulatory approval to offer perpetual futures tied to individual stocks, as trading platforms push to bring the popular derivatives product to US equity markets.In a Thursday filing with the Commodity…

2
Cryptocurrency

CFTC sues Cash FX, alleges $950M crypto-linked forex scheme

September 26, 2026

The Commodity Futures Trading Commission said it is suing Cash FX Group and three individuals in a $950 million foreign-exchange investment case involving cryptocurrency.The defendants are Cash FX and its CEO Huascar Jose Lopez Castillo of…

3
Cryptocurrency

SEC Commissioner Hester Peirce to leave post on Oct. 2

September 26, 2026

SEC Commissioner Hester Peirce has submitted her formal resignation from the US Securities and Exchange Commission, effective Oct. 2.Peirce, also known as “Crypto Mom” amid her advocacy of clear, rules-based regulation of the crypto industry,…

4
Cryptocurrency

Fed proposes new capital, redemption rules for stablecoin issuers

September 25, 2026

The Federal Reserve has proposed capital, redemption and other regulatory requirements for stablecoin issuers under its supervision as it moves to implement the GENIUS Act.The GENIUS Act already requires stablecoin issuers to maintain reserves backing…

Economy

Economy

Audemars Piguet says its Royal Pop collaboration with Swatch is breaking sales records, despite luxury watch slump and tariffs

September 26, 2026
Economy

Airlines waive change fees ahead of nor’easter as flight delays trickle in

September 26, 2026
Economy

Trump, Xi wrap state visit centered on spectacle over substance. Here are the top takeaways

September 26, 2026
Economy

Trump, Xi to attend state dinner after White House meeting

September 25, 2026
Economy

Senate narrowly votes down resolution calling for end to Iran war

September 25, 2026
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