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Category: Economy

Microsoft confirms performance-based job cuts across departments
Economy

Microsoft confirms performance-based job cuts across departments

January 9, 2025

Microsoft said it's cutting a small percentage of jobs across departments, based on performance. ...

Amazon aims to expand advertising business by letting retailers use its ad tools on their stores
Economy

Amazon aims to expand advertising business by letting retailers use its ad tools on their stores

January 9, 2025

Amazon Retail Ad Service will allow sites to show "contextually relevant ads in the right place and at the right…

Trump announces $20 billion foreign investment to build new U.S. data centers
Economy

Trump announces $20 billion foreign investment to build new U.S. data centers

January 8, 2025

Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money. ...

Honda reveals two new ‘0 Series’ EVs to be produced in Ohio
Economy

Honda reveals two new ‘0 Series’ EVs to be produced in Ohio

January 8, 2025

The vehicles are the Honda 0 Saloon, which is an updated version of a concept car revealed last year at…

Aviation industry faces a slew of challenges — ‘problems that will take years’ to resolve
Economy

Aviation industry faces a slew of challenges — ‘problems that will take years’ to resolve

January 8, 2025

The aviation industry is bracing for another year of turbulence, as delivery delays at Boeing and supply chain problems are…

OpenAI CEO Sam Altman denies sexual abuse allegations made by his sister in lawsuit
Economy

OpenAI CEO Sam Altman denies sexual abuse allegations made by his sister in lawsuit

January 8, 2025

In a lawsuit filed in Missouri, Sam Altman's sister has accused the OpenAI CEO of years of sexual abuse. Altman…

Meta scraps fact-checking, brings back political content in latest Trump-friendly move
Economy

Meta scraps fact-checking, brings back political content in latest Trump-friendly move

January 8, 2025

Meta announces intent to "restore free expression" on its platforms ...

Michael Barr to step down as the Fed’s head of banking supervision to avoid clash with Trump
Economy

Michael Barr to step down as the Fed’s head of banking supervision to avoid clash with Trump

January 6, 2025

There had been speculation that Trump might replace Barr after he takes office Jan. 20. ...

Trump reportedly considering important alteration to tariff plans
Economy

Trump reportedly considering important alteration to tariff plans

January 6, 2025

President-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the impact. ...

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Crypto World

1
Cryptocurrency

Vivek Ramaswamy’s Strive to raise $500M to buy Bitcoin

December 10, 2025

Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases.The firm, which was co-founded in 2022 by American entrepreneur and politician…

2
Cryptocurrency

Bitcoin firm Twenty One Capital drops 20% on first day of trading

December 10, 2025

Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging with the blank-check company Cantor Equity Partners.Twenty One Capital opened trading on Tuesday…

3
Cryptocurrency

Trump to begin interviews with Fed chair finalists this week: FT

December 10, 2025

The race for the new US Federal Reserve chair is nearing the finish line, with US President Donald Trump reportedly set to begin interviewing finalists for the top job this week. According to a report from…

4
Cryptocurrency

Bitcoin FOMO trickles back at $94K, but Fed could spoil the party

December 10, 2025

Bitcoin prices surged to a three-week high on Tuesday in a “much-needed rebound” that has caused traders to “FOMO back in and expect higher prices,” according to blockchain analytics firm Santiment.Bitcoin (BTC) prices jumped to…

Economy

Economy

China consumer inflation hits near two-year high despite deeper-than-expected producer deflation

December 10, 2025
Economy

Trump says he ‘heard’ Biden Fed appointments were signed by autopen, tells aide to investigate

December 10, 2025
Economy

Oracle’s AI-fueled debt load has investors on edge ahead of quarterly earnings

December 10, 2025
Economy

Hassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows

December 10, 2025
Economy

The Fed decision is expected to feature a rate cut and a lot more. Here’s what to expect

December 10, 2025
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