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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

Coinbase CEO denies White House clash, says negotiations are ongoing

January 18, 2026

Brian Armstrong, the CEO of crypto exchange Coinbase, denied reports that the White House is considering pulling support for the CLARITY Act, a crypto market structure bill, and also denied rumors that the administration is…

2
Cryptocurrency

Adapt or die: Solana Labs CEO opposes Buterin’s approach to blockchain longevity

January 18, 2026

Solana Labs CEO Anatoly Yakovenko said he wants Solana to be a constantly evolving network, continuously updating to meet the changing needs of users, contrasting with Vitalik Buterin’s vision of Ethereum as a self-sustaining blockchain.“Solana…

3
Cryptocurrency

Ethereum validator exit queue falls to zero as staking demand soars

January 18, 2026

The massive staking inflows are strengthening ETH’s supply-demand dynamic, potentially setting the stage for upward price momentum this year.The Ethereum staking validator exit queue has dropped to zero — signaling a dramatic fall in selling…

4
Cryptocurrency

US lender Newrez to accept crypto holdings in mortgage approval

January 16, 2026

Newrez plans to treat eligible cryptocurrency holdings as qualifying assets in its mortgage underwriting process, a move that could broaden access to home loans for crypto holders.The change is expected to take effect in February…

Economy

Economy

Warren Buffett on parenting, horse betting and why he stopped talking politics

January 18, 2026
Economy

Trump threatens to sue JPMorgan Chase for ‘debanking’ him

January 18, 2026
Economy

Trump says 8 European nations face tariffs rising to 25% if Greenland isn’t sold to the U.S.

January 18, 2026
Economy

OpenAI has committed billions to recent chip deals. Some big names have been left out

January 16, 2026
Economy

Trump floats new tariffs in push to acquire Greenland

January 16, 2026
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