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Category: Economy

Home sales drop sharply as prices hit an all-time high for January
Economy

Home sales drop sharply as prices hit an all-time high for January

February 21, 2025

The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest…

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage
Economy

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage

February 21, 2025

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage ...

UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
Economy

UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months

February 21, 2025

It extends a tumultuous period for UnitedHealth marked by the killing of a top executive, a costly cyberattack against its…

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon
Economy

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon

February 21, 2025

The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown…

Apple unveils cheaper iPhone 16e powerful enough to run AI
Economy

Apple unveils cheaper iPhone 16e powerful enough to run AI

February 20, 2025

The new iPhone is called iPhone 16e, and it will retail for $599 when it goes on sale later this…

Walmart will report earnings before the bell. Here’s what to expect
Economy

Walmart will report earnings before the bell. Here’s what to expect

February 20, 2025

Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income…

Trump says he’s weighing giving 20% of DOGE savings to Americans
Economy

Trump says he’s weighing giving 20% of DOGE savings to Americans

February 20, 2025

President Donald Trump revealed Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency…

Carvana expects another ‘strong’ year after topping fourth-quarter expectations
Economy

Carvana expects another ‘strong’ year after topping fourth-quarter expectations

February 20, 2025

Carvana topped Wall Street's top- and bottom-line expectations for the fourth quarter, while guiding for another "strong" year in 2025.…

Economy

Chinese giant Alibaba posts profit and revenue beat in December quarter amid strength in cloud unit

February 20, 2025

Chinese e-commerce titan Alibaba on Thursday beat expectations on top and bottom line in its December quarter, citing the strength ongoing strength…

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Crypto World

1
Cryptocurrency

ARK Invest adds $34M Robinhood stake as Bitcoin falls below $66K

February 12, 2026

ARK Invest, the investment firm led by Bitcoin bull Cathie Wood, snapped up a significant batch of crypto-linked stocks on Wednesday as BTC briefly dipped below $66,000.ARK purchased 433,806 shares of Robinhood (HOOD) for approximately…

2
Cryptocurrency

Binance completes $1B Bitcoin conversion for SAFU emergency fund

February 12, 2026

Binance completed the $1 billion Bitcoin conversion for its emergency fund, committing to holding Bitcoin as its core reserve asset.Binance purchased another $304 million worth of Bitcoin (BTC) on Thursday, completing the conversion of $1…

3
Cryptocurrency

Bankers push OCC to slow crypto trust charters until GENIUS rules clarified

February 12, 2026

The American Bankers Association (ABA) is urging the Office of the Comptroller of the Currency (OCC) to slow its approval of national trust bank charters for crypto and stablecoin firms until the regulatory landscape under…

4
Cryptocurrency

Top Bitcoin traders refuse to turn bullish despite BTC’s 14% rebound: Here’s why

February 11, 2026

Key takeaways:The Bitcoin long-to-short indicator at Binance hit a 30-day low, signaling a sharp decline in bullish leverage demand.US-listed Bitcoin exchange-traded funds reversed a negative trend with $516 million in net inflows following a period…

Economy

Economy

Meet the high-profile Emirati business leader lawmakers are linking to Epstein ‘torture’ email

February 12, 2026
Economy

Mercedes shares fall 5% after full-year earnings halve on tariffs, China competition

February 12, 2026
Economy

House votes to override Trump’s Canada tariffs

February 12, 2026
Economy

The delayed January jobs report will be released Wednesday. Here’s what to expect

February 10, 2026
Economy

The AI threat wrecked software stocks. Now financial stocks look next with LPL closing 8% lower

February 10, 2026
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