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Category: Economy

China consumer prices decline for a second straight month; producer deflation deepens
Economy

China consumer prices decline for a second straight month; producer deflation deepens

April 10, 2025

The data also comes as U.S. President Donald Trump boosted tariffs on Chinese imports to 125% overnight, up from his…

Stock market posts third biggest gain in post-WWII history on Trump’s tariff about-face
Economy

Stock market posts third biggest gain in post-WWII history on Trump’s tariff about-face

April 10, 2025

Stocks skyrocketed in a kneejerk reaction to President Donald Trump's announcement to put a 90-day pause on some of the…

Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts
Economy

Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts

April 10, 2025

Bitcoin could hit $250,000 as early as this year, Cardano blockchain founder Charles Hoskinson told CNBC's "Beyond The Valley" podcast.…

Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop
Economy

Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop

April 10, 2025

The Nasdaq had its second-best day on record on Wednesday, the kind of rally the market only sees during the…

Mortgage rates slingshot higher as tariff uncertainty roils markets
Economy

Mortgage rates slingshot higher as tariff uncertainty roils markets

April 8, 2025

After falling sharply last week, mortgage rates rose again this week, wiping out any advantage to the spring housing market.…

Judge says White House can’t ban AP from Oval Office, Air Force One
Economy

Judge says White House can’t ban AP from Oval Office, Air Force One

April 8, 2025

Associated Press journalists were blocked from events with President Trump after not reflecting his name change of the Gulf of…

Economy

Tech analyst responds to Trump wanting Apple to make iPhones in U.S.: ‘I don’t think that’s a thing’

April 8, 2025

Needham analyst Laura Martin said Apple's costs would skyrocket if it began building its marquee product in the U.S. ...

Apple’s 4-day slide puts Microsoft back on top as most valuable company
Economy

Apple’s 4-day slide puts Microsoft back on top as most valuable company

April 8, 2025

Among the tech megacap companies, Apple has been the hardest hit by President Donald Trump's tariffs. ...

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day
Economy

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day

April 8, 2025

With shares of Tesla plummeting on tariff concerns, CEO Elon Musk is taking to social media to slam top Trump…

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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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