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Category: Economy

Americans are getting flashbacks to 2008 as tariffs stoke recession fears
Economy

Americans are getting flashbacks to 2008 as tariffs stoke recession fears

April 27, 2025

'It's the old poors teaching the new poors,' said one content creator. ...

Trump asserts trade talks with China are underway after Beijing denies any ongoing negotiations
Economy

Trump asserts trade talks with China are underway after Beijing denies any ongoing negotiations

April 25, 2025

The statement followed China's denial of any talks with the U.S. and calls for abolishing 'unilateral' tariff measures for resolving…

FBI arrests Wisconsin Judge Dugan for obstruction, escalates Trump immigration enforcement effort
Economy

FBI arrests Wisconsin Judge Dugan for obstruction, escalates Trump immigration enforcement effort

April 25, 2025

Federal agents arrested Milwaukee Circuit Court Judge Hannah Dugan on obstruction charges, FBI Director Kash Patel said. ...

Trump insists bond market tumult didn’t influence tariff pause: ‘I wasn’t worried’
Economy

Trump insists bond market tumult didn’t influence tariff pause: ‘I wasn’t worried’

April 25, 2025

"I wasn't worried," Trump said in a Time magazine interview during which he was asked about financial market tumult. ...

Alphabet adds 2% as search, advertising units show resilient growth
Economy

Alphabet adds 2% as search, advertising units show resilient growth

April 25, 2025

Alphabet shares are down about 16% this year as markets face volatility from mounting trade war fears and worries about…

Amazon sellers raise prices after Trump’s China tariff: ‘It’s unsustainable’
Economy

Amazon sellers raise prices after Trump’s China tariff: ‘It’s unsustainable’

April 25, 2025

Amazon third-party sellers are raising prices and looking for new suppliers after President Trump lifted tariffs on goods from China.…

South Korea’s quarterly GDP contracts for the first time in four years as construction activity plunges
Economy

South Korea’s quarterly GDP contracts for the first time in four years as construction activity plunges

April 24, 2025

Data from the Bank of Korea showed that the drop was mostly due to a fall in construction, with the…

British fintech Revolut tops $1 billion in profit as revenue jumps 72%
Economy

British fintech Revolut tops $1 billion in profit as revenue jumps 72%

April 24, 2025

Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5…

Chipotle is seeing a ‘slowdown’ in consumer spending as 2025 gets off to a rough start
Economy

Chipotle is seeing a ‘slowdown’ in consumer spending as 2025 gets off to a rough start

April 24, 2025

Chipotle's same-store sales fell in the first quarter for the first time since 2020. ...

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Crypto World

1
Cryptocurrency

Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M

May 12, 2026

Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated…

2
Cryptocurrency

LMAX Group launches digital asset collateral solution for institutions

May 12, 2026

Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto…

3
Cryptocurrency, Markets

Bitcoin digests highest US CPI since 2023 as Fed rate hike woes return

May 12, 2026

Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years.Key points:US CPI inflation reaches its highest year-on-year levels since 2023.Energy prices…

4
Cryptocurrency

Australia plans capital gains tax changes affecting crypto investors: Report

May 11, 2026

The Australian government is reportedly seeking to replace capital gains tax discounts on crypto and other assets with an inflation indexation tax, which could increase the taxes on long-term crypto gains.The Albanese government’s fiscal year…

Economy

Economy

Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

May 12, 2026
Economy

It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

May 12, 2026
Economy

Here’s the inflation breakdown for April 2026 — in one chart

May 12, 2026
Economy

Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases

May 11, 2026
Economy

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

May 11, 2026
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