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Category: Economy

Economy

GM, Ford report best annual U.S. sales since 2019 as auto recovery continues

January 4, 2025

Both General Motors and Ford Motor on Friday reported their best annual U.S. new vehicle sales since 2019. ...

Trump sentencing set for Jan. 10, judge leans toward no jail, no probation, no fine
Economy

Trump sentencing set for Jan. 10, judge leans toward no jail, no probation, no fine

January 4, 2025

Donald Trump is the first U.S. president ever to be convicted of a crime. ...

Republican Mike Johnson elected House speaker after dramatic vote reversals
Economy

Republican Mike Johnson elected House speaker after dramatic vote reversals

January 4, 2025

President-elect Donald Trump congratulated Johnson, who eked out election as speaker of the House after a first ballot was kept…

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Economy

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

January 4, 2025

Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad…

Economy

These airlines were the most on time in 2024

January 2, 2025

Supply chain issues and strong travel demand continued in 2024. ...

Crypto, Roaring Kitty and Fartcoin: Market speculation picks up to start 2025
Economy

Crypto, Roaring Kitty and Fartcoin: Market speculation picks up to start 2025

January 2, 2025

Many speculative pockets of the stock market surged in early trading Thursday, the first session of the new year. ...

Mortgage demand dives nearly 22% to end 2024
Economy

Mortgage demand dives nearly 22% to end 2024

January 2, 2025

Rising mortgage interest rates collided with the slowest month of the year for sales. ...

Tesla shares slide after it reports first drop in annual deliveries
Economy

Tesla shares slide after it reports first drop in annual deliveries

January 2, 2025

Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.…

Economy

Bitcoin was the best investment of 2024, but not without its usual volatility

January 1, 2025

Bitcoin was far and away the best performing asset class in 2024 thanks to new ETFs and hopes for a…

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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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