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Category: Economy

Amazon emails sellers to gauge how Trump’s tariffs are impacting their businesses
Economy

Amazon emails sellers to gauge how Trump’s tariffs are impacting their businesses

April 15, 2025

Amazon asked third-party sellers how the "current U.S. tariff situation" has affected sourcing and pricing, logistics and plans to ship…

OpenAI considering its own social network to compete with Elon Musk’s X
Economy

OpenAI considering its own social network to compete with Elon Musk’s X

April 15, 2025

OpenAI is considering building a social network to compete with Elon Musk's X and Meta's Instagram, a source familiar with…

Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial
Economy

Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial

April 15, 2025

Meta CEO Mark Zuckerberg considered spinning out Instagram in 2018, according to an email presented Tuesday in the FTC's antitrust…

20,000 IRS employees interested in deferred resignation offer as tax deadline looms
Economy

20,000 IRS employees interested in deferred resignation offer as tax deadline looms

April 15, 2025

The Trump administration has offered buyouts across the government in a bid to dramatically shrink the size of the federal…

United Airlines gives two 2025 profit outlooks calling economy ‘impossible’ to predict
Economy

United Airlines gives two 2025 profit outlooks calling economy ‘impossible’ to predict

April 15, 2025

United said a deterioration in bookings could lead it to lower its 2025 outlook to $7 to $9 a share…

Why Trump’s nuclear talks with Iran could be far more successful than Biden’s
Economy

Why Trump’s nuclear talks with Iran could be far more successful than Biden’s

April 14, 2025

"The Iranians are, I think, a little bit more desperate than they were in 2022, and they are faced with…

Billionaire Ray Dalio: ‘I’m worried about something worse than a recession’
Economy

Billionaire Ray Dalio: ‘I’m worried about something worse than a recession’

April 14, 2025

Bridgewater founder Ray Dalio said that he is worried about a breakdown of the global monetary order. ...

Pfizer scraps daily weight loss pill after liver injury in one patient
Economy

Pfizer scraps daily weight loss pill after liver injury in one patient

April 14, 2025

The decision to stop developing danuglipron adds to a string of setbacks in the pharmaceutical giant's bid to win a…

More than 60% of CEOs expect a recession in the next 6 months as tariff turmoil grows, survey says
Economy

More than 60% of CEOs expect a recession in the next 6 months as tariff turmoil grows, survey says

April 14, 2025

A rising share of America's top executives sees a recessionary period on the horizon. ...

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Crypto World

1
Cryptocurrency

CFTC sees mixed responses to prediction market rulemaking

May 4, 2026

The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s…

2
Cryptocurrency

Bitcoin climbs past $80K for the first time since January

May 4, 2026

Bitcoin breached $80,000 on Monday, rising 2.7% over a three-hour span as Asian equities began trading, marking its highest price since Jan. 31, 2026.The Bitcoin rally began at 1:25 am UTC, rising from $78,415 to…

3
Cryptocurrency

US law firm attempts to block transfer of frozen ETH from Kelp exploit

May 4, 2026

A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are owed over $877 million in compensation and damages by North…

4
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

Economy

Economy

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

May 4, 2026
Economy

Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition

May 4, 2026
Economy

Meme stock GameStop makes $56 billion offer for eBay in bid to rival Amazon

May 4, 2026
Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
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