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Category: Economy

Amazon emails sellers to gauge how Trump’s tariffs are impacting their businesses
Economy

Amazon emails sellers to gauge how Trump’s tariffs are impacting their businesses

April 15, 2025

Amazon asked third-party sellers how the "current U.S. tariff situation" has affected sourcing and pricing, logistics and plans to ship…

OpenAI considering its own social network to compete with Elon Musk’s X
Economy

OpenAI considering its own social network to compete with Elon Musk’s X

April 15, 2025

OpenAI is considering building a social network to compete with Elon Musk's X and Meta's Instagram, a source familiar with…

Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial
Economy

Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial

April 15, 2025

Meta CEO Mark Zuckerberg considered spinning out Instagram in 2018, according to an email presented Tuesday in the FTC's antitrust…

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. ...

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Crypto World

1
Cryptocurrency

Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M

May 12, 2026

Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated…

2
Cryptocurrency

LMAX Group launches digital asset collateral solution for institutions

May 12, 2026

Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto…

3
Cryptocurrency, Markets

Bitcoin digests highest US CPI since 2023 as Fed rate hike woes return

May 12, 2026

Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years.Key points:US CPI inflation reaches its highest year-on-year levels since 2023.Energy prices…

4
Cryptocurrency

Australia plans capital gains tax changes affecting crypto investors: Report

May 11, 2026

The Australian government is reportedly seeking to replace capital gains tax discounts on crypto and other assets with an inflation indexation tax, which could increase the taxes on long-term crypto gains.The Albanese government’s fiscal year…

Economy

Economy

Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

May 12, 2026
Economy

It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

May 12, 2026
Economy

Here’s the inflation breakdown for April 2026 — in one chart

May 12, 2026
Economy

Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases

May 11, 2026
Economy

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

May 11, 2026
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