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Category: Economy

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. ...

Goldman Sachs tops estimates on boom in equities trading revenue
Economy

Goldman Sachs tops estimates on boom in equities trading revenue

April 14, 2025

Goldman Sachs may prove to be a beneficiary of the recent market environment. ...

Apple, Google, Cash App alums ditch Big Tech to build on bitcoin, fueled by VC money and friendly White House
Economy

Apple, Google, Cash App alums ditch Big Tech to build on bitcoin, fueled by VC money and friendly White House

April 13, 2025

In Austin, Apple, Google, and Cash App alums ditch big paychecks for bitcoin, backed by VCs, crypto friendly policy and…

Economy

Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion

April 13, 2025

Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100…

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Crypto World

1
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…

2
Cryptocurrency

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

May 2, 2026

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining…

3
Cryptocurrency

A16z sides with CFTC against states seeking to ban prediction markets

May 2, 2026

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.The venture capital…

4
Cryptocurrency

Brazil bars crypto settlement in regulated cross-border payment rails

May 1, 2026

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On…

Economy

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
Economy

Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era

May 2, 2026
Economy

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

May 1, 2026
Economy

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue

May 1, 2026
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