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Category: Economy

Economy

GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’

February 12, 2025

CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming…

Anduril to take over Microsoft’s $22 billion U.S. Army headset program
Economy

Anduril to take over Microsoft’s $22 billion U.S. Army headset program

February 12, 2025

Anduril Industries will take control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army. ...

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Economy

Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid

February 12, 2025

Tesla shares fell 6% on Tuesday and have dropped for five straight days, wiping out over $200 billion in market…

Judge to consider extending pause on Trump’s federal worker buyout plan
Economy

Judge to consider extending pause on Trump’s federal worker buyout plan

February 10, 2025

The buyout plan has been promoted by Elon Musk, the head of President Donald Trump's so-called Department of Government Efficiency.…

Trump takes aim at ‘wasteful’ government spending by ordering end to penny production
Economy

Trump takes aim at ‘wasteful’ government spending by ordering end to penny production

February 10, 2025

The president said in a Truth Social post that stopping the mint from coining new pennies is another way to…

Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma
Economy

Trump is unlikely to end Medicare drug price talks — here’s what that means for patients and pharma

February 10, 2025

Trump could either weaken the negotiations in a way that benefits the pharmaceutical industry, or try to achieve even deeper…

Economy

Trump to impose 25% tariffs on steel and aluminum — here are the likely winners and losers

February 10, 2025

Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. ...

Trump, Musk actions put America at risk of ‘a form of default,’ former Treasury chiefs warn
Economy

Trump, Musk actions put America at risk of ‘a form of default,’ former Treasury chiefs warn

February 10, 2025

Elon Musk and his DOGE team are tasked by President Donald Trump to find government spending inefficiency and cut federal…

A $50 million Ferrari-inspired mansion just broke a local record in Delray Beach, Florida. Take a look inside
Economy

A $50 million Ferrari-inspired mansion just broke a local record in Delray Beach, Florida. Take a look inside

February 9, 2025

The sale included a mansion swap, bespoke furniture, elaborate chandeliers, art, alcohol and even a miniature Ferrari 250 Testa Rossa…

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Crypto World

1
Cryptocurrency

Tian Ruixiang plans to acquire up to 15K Bitcoin in equity-linked deal

February 4, 2026

Tian Ruixiang Holdings Ltd (Nasdaq: TIRX) said it has entered a strategic agreement under which an unnamed investor would contribute 15,000 Bitcoin in exchange for an equity stake in the company. At Bitcoin’s (BTC) price of…

2
Cryptocurrency

Nevada authorities file lawsuit against Coinbase over unlicensed wagering

February 4, 2026

The enforcement action over wagers on sports event contracts followed Coinbase announcing the launch of prediction markets in all 50 US states.The Nevada Gaming Control Board announced that it had filed a civil enforcement action…

3
Cryptocurrency

ETH funding rate turns negative, but US macro conditions mute the buy signal

February 4, 2026

Key takeaways:Ether dropped 28% in a week to $2,110 as investors cut risk and markets wiped out leveraged traders.Spot ETH ETF outflows reached $447 million as Ethereum network activity fell by 47%.Ether (ETH) plummeted to…

softsiwss 4
Cryptocurrency

SoftSwiss and the Architecture of Illicit iGaming, Centralized Crime-Enabling Platform

February 3, 2026

For years, SoftSwiss has publicly positioned itself as a neutral B2B technology supplier — a backend software company providing casino engines, game aggregation, and affiliate tracking tools. However, investigative reporting, whistleblower disclosures, and regulatory analyses…

Economy

Economy

Nvidia’s Jensen Huang denies OpenAI deal rumors: ‘There’s no drama’

February 3, 2026
Economy

Nvidia, OpenAI appear stalled on their mega deal. But the AI giants still need each other

February 3, 2026
Economy

AMD shares drop as forecast comes up short of some expectations

February 3, 2026
Economy

Rare earth miners jump as Trump is reportedly eyeing mineral stockpile to reduce China dependence

February 2, 2026
Economy

Oracle rises 5% after announcing $50 billion fundraising plans. Here’s why

February 2, 2026
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