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Category: Economy

Nvidia announces Blackwell Ultra and Rubin AI chips
Economy

Nvidia announces Blackwell Ultra and Rubin AI chips

March 18, 2025

Nvidia’s sales are up more than sixfold since its business was transformed by the release of OpenAI’s ChatGPT in late…

AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says
Economy

AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says

March 17, 2025

Google DeepMind CEO Demis Hassabis said he thinks artificial general intelligence, or AGI, will emerge in the next five or…

Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis
Economy

Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis

March 17, 2025

Bessent believes market pullbacks are benign, and Trump's pro-business policies will boost the economy in the long run. ...

Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs
Economy

Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs

March 17, 2025

President Donald Trump has shrugged off calls for more clarity about his policies, even as they stoke turmoil in the…

Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Economy

Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm

March 17, 2025

The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world's biggest BNPL players, just as…

Retail sales increased 0.2% in February, though spending up less than expected
Economy

Retail sales increased 0.2% in February, though spending up less than expected

March 17, 2025

Retail sales were expected to show a 0.6% rise in February, according to the Dow Jones consensus estimate. ...

From Polaroid to vinyl, Gen Z is making retro tech one of 2025’s biggest trends: ‘These things just have more value’
Economy

From Polaroid to vinyl, Gen Z is making retro tech one of 2025’s biggest trends: ‘These things just have more value’

March 16, 2025

Young people are looking to unplug now more than ever before. ...

Goldman Sachs offers its newest option for downside protection in volatile markets
Economy

Goldman Sachs offers its newest option for downside protection in volatile markets

March 16, 2025

Goldman Sachs Asset Management launched its newest buffer exchange-traded fund this month. ...

After Elon Musk’s Delaware exit, state lawmakers weigh bill to overhaul corporate law
Economy

After Elon Musk’s Delaware exit, state lawmakers weigh bill to overhaul corporate law

March 16, 2025

Delaware lawmakers are considering a bill that aims to make the state attractive to investors and executives. ...

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Crypto World

1
Cryptocurrency

Crypto funds add $1B as three-week inflow streak continues

March 16, 2026

Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a relative safe-haven asset.Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week,…

2
Cryptocurrency

South Korea’s Hana Financial partners with Standard Chartered on digital assets

March 16, 2026

Hana Financial Group, one of South Korea’s largest financial conglomerates, has partnered with Standard Chartered on finance and digital assets.On Sunday, Hana Financial said it signed a business agreement with the United Kingdom’s Standard Chartered…

3
Cryptocurrency

Strategy buys $1.6B in Bitcoin as holdings surpass 761,000 BTC

March 16, 2026

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued aggressively stacking Bitcoin last week, bringing the company’s total reserves to above 760,000 BTC.Strategy acquired 22,337 Bitcoin (BTC) for $1.57 billion last week, according…

4
Cryptocurrency

Former UK Prime Minister Boris Johnson calls Bitcoin a ‘Ponzi scheme’

March 15, 2026

Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history.Johnson wrote…

Economy

Economy

Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending

March 16, 2026
Economy

‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls

March 16, 2026
Economy

Brent crude holds above $100 as Trump says U.S. may hit Iran’s oil hub again ‘just for fun’

March 16, 2026
Economy

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

March 15, 2026
Economy

Iran threatens to retaliate against neighbors; Trump urges countries to assist in securing Strait of Hormuz

March 15, 2026
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