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Category: Economy

Economy

GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’

February 12, 2025

CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming…

Anduril to take over Microsoft’s $22 billion U.S. Army headset program
Economy

Anduril to take over Microsoft’s $22 billion U.S. Army headset program

February 12, 2025

Anduril Industries will take control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army. ...

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Economy

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

February 12, 2025

Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market…

Judge to consider extending pause on Trump’s federal worker buyout plan
Economy

Judge to consider extending pause on Trump’s federal worker buyout plan

February 10, 2025

The buyout plan has been promoted by Elon Musk, the head of President Donald Trump's so-called Department of Government Efficiency.…

Trump takes aim at ‘wasteful’ government spending by ordering end to penny production
Economy

Trump takes aim at ‘wasteful’ government spending by ordering end to penny production

February 10, 2025

The president said in a Truth Social post that stopping the mint from coining new pennies is another way to…

Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma
Economy

Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma

February 10, 2025

Trump could either weaken the negotiations in a way that benefits the pharmaceutical industry, or try to achieve even deeper…

Economy

Trump to impose 25% tariffs on steel and aluminum — here are the likely winners and losers

February 10, 2025

Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. ...

Trump, Musk actions put America at risk of ‘a form of default,’ former Treasury chiefs warn
Economy

Trump, Musk actions put America at risk of ‘a form of default,’ former Treasury chiefs warn

February 10, 2025

Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal…

A $50 million Ferrari-inspired mansion just broke a local record in Delray Beach, Florida. Take a look inside
Economy

A $50 million Ferrari-inspired mansion just broke a local record in Delray Beach, Florida. Take a look inside

February 9, 2025

The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art, alcohol and even a miniature Ferrari 250 Testa Rossa…

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Crypto World

1
Cryptocurrency

US lawmakers demand ethics safeguards for market structure bill: Report

January 9, 2026

Democratic leaders on key committees considering crypto market structure legislation are reportedly drawing a line in the sand over elected officials profiting off the industry.A number of Democratic lawmakers in the US Senate are reportedly…

2
Cryptocurrency

Colombia advances crypto tax rules as global reporting standards take shape

January 9, 2026

Colombia’s tax authority, DIAN, has introduced a mandatory reporting regime for crypto service providers, requiring exchanges and intermediaries to collect and submit user and transaction data as part of its oversight of the digital asset…

3
Cryptocurrency

Nasdaq, CME Group join forces to launch Nasdaq-CME Crypto Index

January 9, 2026

The Nasdaq Stock Exchange and the Chicago Mercantile Exchange (CME) Group joined forces to unify their crypto indexes, rebranding the Nasdaq Crypto Index (NCI) as the Nasdaq-CME Crypto Index.The NCI benchmark index includes Bitcoin (BTC),…

softswiss 4
Business, Cryptocurrency

Softswiss and DAMA NV – The Dark Side of Offshore Gambling Networks and the Exploitation of Payment Systems

January 8, 2026

Recent investigations into offshore gambling operations have uncovered a disturbing pattern: major platforms like Softswiss and DAMA N.V. are exploiting payment service providers (PSPs) and complex corporate structures to evade regulation and continue operating in…

Economy

Economy

Watch: Trump meets with oil executives at the White House on Venezuela investment

January 9, 2026
Economy

OpenAI and SoftBank announce $1 billion investment in SB Energy as part of massive AI buildout

January 9, 2026
Economy

Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds

January 9, 2026
Economy

Trump’s team races to come up with a Greenland takeover plan — here’s what’s at stake

January 8, 2026
Economy

Real estate agents say the housing market is starting to balance out

January 8, 2026
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