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Category: Economy

Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Economy

Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds

February 5, 2025

Jefferson echoed recent statements from other officials that it's in the Fed's best interest to move slowly as it evaluates…

AMD reports profit beat, but misses on data center revenue
Economy

AMD reports profit beat, but misses on data center revenue

February 5, 2025

AMD reported better-than-expected results on Tuesday, but data center revenue trailed analysts' estimates ...

Trump says U.S. will ‘take over’ Gaza to develop it, and Palestinians should leave
Economy

Trump says U.S. will ‘take over’ Gaza to develop it, and Palestinians should leave

February 5, 2025

The Palestinian territory Gaza has been destroyed by 15 months of war with Israel. Trump said the United States would…

Alphabet shares drop as much as 9% on revenue miss, soaring AI investments
Economy

Alphabet shares drop as much as 9% on revenue miss, soaring AI investments

February 5, 2025

Alphabet reported fourth-quarter earnings on Tuesday after the close of regular trading. ...

Economy

Steelmakers may benefit from Trump trade salvos, but Wall Street warns of longer-term headwinds

February 3, 2025

Trump's tariffs could give steel companies more pricing power, but weaker demand could weigh on the stocks longer term, Wall…

Economy

Putin says Europe will ‘stand at the feet of the master’ as Trump’s tariffs alarm allies

February 3, 2025

Happy to be on the sidelines, Russia's Kremlin says it's watching the 'tensions' Trump's tariffs are spreading. ...

In a switch, Trump approves of the Fed’s decision to hold interest rates steady
Economy

In a switch, Trump approves of the Fed’s decision to hold interest rates steady

February 3, 2025

Trump praised the Federal Reserve for its decision last week to leave interest rates unchanged ...

Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra
Economy

Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra

February 3, 2025

Bessent, a former hedge fund manager, was confirmed as head of the U.S. Treasury last week. ...

Trump pauses Mexico tariffs for one month after agreement on border troops
Economy

Trump pauses Mexico tariffs for one month after agreement on border troops

February 3, 2025

President Donald Trump over the weekend said he was imposing 25% tariffs on goods imported from Mexico and Canada, and…

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Crypto World

1
Cryptocurrency

Flow details December exploit that led to $3.9M in losses due to counterfeit tokens

January 7, 2026

The Flow Foundation on Tuesday published a technical post-mortem detailing a protocol-level exploit that occurred on Dec. 27, when an attacker was able to counterfeit tokens on the network, resulting in about $3.9 million in…

2
Cryptocurrency

Bitchat dev shrugs off Uganda’s threat to block app: ‘Good luck mate’

January 7, 2026

One of the developers of Jack Dorsey’s decentralized messaging app Bitchat has cast doubt on Uganda’s threat to shut down the app ahead of the country’s presidential election.On Monday, the Uganda Communications Commission executive director,…

3
Cryptocurrency

US community banks join campaign to shut a GENIUS Act ‘loophole’

January 7, 2026

A group of US community bankers is pressuring Congress to change the GENIUS Act to close a supposed “loophole” that allows yield-generating stablecoins to undercut banks.The American Bankers Association’s Community Bankers Council said in a…

4
Cryptocurrency

Bitcoin enters ‘strength’ phase, but $100K debate heats up between traders

January 5, 2026

Bitcoin (BTC) is attempting to transition into a phase of “strength” after weeks of range-trading between $90,000 and $86,000. While the technical structure has improved, BTC traders debate whether the move has momentum or risks…

Economy

Economy

Elon Musk’s xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity

January 7, 2026
Economy

Berkshire Hathaway lifts new CEO Greg Abel’s salary to $25 million

January 7, 2026
Economy

Trump says Venezuela to give up to 50 million barrels of oil to U.S.

January 7, 2026
Economy

Pentagon to cut Sen. Mark Kelly’s military retirement pay over ‘seditious’ video: Hegseth

January 5, 2026
Economy

JPMorgan forms special advisory group to share some of bank’s ‘secret sauce’ with clients

January 5, 2026
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