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Category: Economy

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…

Alphabet shares close above $200 for first time on split-adjusted basis
Economy

Alphabet shares close above $200 for first time on split-adjusted basis

January 24, 2025

Investors are growing more bullish on Alphabet as the company speeds up its AI development. ...

Microsoft’s business development chief Chris Young resigns
Economy

Microsoft’s business development chief Chris Young resigns

January 23, 2025

Chris Young, who joined Microsoft in 2020, worked on the software company's investments, its OpenAI relationship and the Activision Blizzard…

CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say
Economy

CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say

January 23, 2025

Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.…

GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025
Economy

GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025

January 23, 2025

General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq. ...

Can Trump force the hand of NATO allies to spend up to 5% of GDP on defense?
Economy

Can Trump force the hand of NATO allies to spend up to 5% of GDP on defense?

January 23, 2025

As President Trump looks to fix the issues that irk him the most, the issue of NATO defense spending —…

American Airlines shares tumble as outlook falls short
Economy

American Airlines shares tumble as outlook falls short

January 23, 2025

American forecast a wider than expected loss for the first quarter, sending shares lower. ...

Stripe cuts 300 jobs in product, engineering and operations
Economy

Stripe cuts 300 jobs in product, engineering and operations

January 22, 2025

Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed. ...

Netflix shares soar as company reports surging revenue, tops 300 million subscribers
Economy

Netflix shares soar as company reports surging revenue, tops 300 million subscribers

January 22, 2025

The fourth quarter was the last for which Netflix will report quarterly paid subscriber counts. ...

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Crypto World

1
Cryptocurrency

Bitcoin ETFs lose $825M in five days as US becomes ‘biggest seller’ of BTC

December 25, 2025

Bitcoin (BTC) institutional outflows continued into Christmas as the US gained the title of biggest BTC seller.Key points:Bitcoin ETF netflows stay negative for Christmas Eve as the institutional investment vehicles lose another $175 million.Tax obligations…

2
Cryptocurrency

NFT collections get no Santa rally as market hits 2025 lows

December 25, 2025

Non-fungible tokens (NFTs) extended their year-end slide in December, with total market valuations falling to their lowest level in 2025.According to data from CoinGecko, the overall valuation of the NFT sector fell to $2.5 billion…

3
Cryptocurrency

CZ proposes fix to address poisoning after investor loses $50M

December 25, 2025

Binance co-founder Changpeng Zhao proposed additional security measures to “eradicate” address poisoning, including wallet warnings and blacklists of suspicious accounts."All wallets should simply check if a receiving address is a 'poison address,' and block the…

4
Cryptocurrency

Crypto derivatives volume explode to $86T in 2025, averaging $265B per day

December 25, 2025

Cryptocurrency derivatives trading volume surged to almost $85.7 trillion in 2025, averaging about $264.5 billion a day, according to a report by liquidation data tracker CoinGlass.Binance led the market with roughly $25.09 trillion in cumulative…

Economy

Economy

Free streaming service Tubi is rivaling major players for viewership. Here’s how it’s winning

December 25, 2025
Economy

DOJ says more than 1 million potential Epstein files newly uncovered

December 25, 2025
Economy

Monetizers vs manufactures: How the AI market could splinter in 2026

December 25, 2025
Economy

Amazon faces ‘leader’s dilemma’ — fight AI shopping bots or join them

December 25, 2025
Economy

Exclusive: Nvidia buying AI chip startup Groq’s assets for about $20 billion in its largest deal on record

December 25, 2025
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