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Category: Economy

Economy

Nvidia drops 16% as China’s DeepSeek AI model sparks global tech sell-off

January 27, 2025

DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost…

Economy

Here’s what CEOs are saying about DEI at Davos

January 26, 2025

On the ground in Davos, DEI has been the subject of conversation both on the record and behind closed doors.…

How China’s new AI model DeepSeek is threatening U.S. dominance
Economy

How China’s new AI model DeepSeek is threatening U.S. dominance

January 26, 2025

An AI lab out of China has ignited panic in Silicon Valley after releasing impressive AI models more cheaply and…

CIA believes Covid-19 likely caused by lab leak, NBC News reports
Economy

CIA believes Covid-19 likely caused by lab leak, NBC News reports

January 26, 2025

"CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible." ...

Aerial firefighting companies’ new challenge: Keeping up with demand
Economy

Aerial firefighting companies’ new challenge: Keeping up with demand

January 26, 2025

Aerial firefighting companies supplement federal and state firefighting fleets, and their services are in high demand. ...

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry
Economy

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry

January 24, 2025

"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an…

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth
Economy

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth

January 24, 2025

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year…

Target rolls back DEI initiatives, the latest big company to retreat
Economy

Target rolls back DEI initiatives, the latest big company to retreat

January 24, 2025

Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs. ...

Trump recommends ending FEMA ahead of California fire site visit
Economy

Trump recommends ending FEMA ahead of California fire site visit

January 24, 2025

President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved…

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Crypto World

softswiss 1
Business, Cryptocurrency

Softswiss and DAMA NV – The Dark Side of Offshore Gambling Networks and the Exploitation of Payment Systems

January 8, 2026

Recent investigations into offshore gambling operations have uncovered a disturbing pattern: major platforms like Softswiss and DAMA N.V. are exploiting payment service providers (PSPs) and complex corporate structures to evade regulation and continue operating in…

2
Cryptocurrency

Bitcoin price may bottom at $88K next cycle if last CME gap stays open

January 8, 2026

Bitcoin filled one of two new futures gaps with a trip below $90,000 as analysis predicted a potential bottom level for the next BTC price cycle.Bitcoin (BTC) dipped below $90,000 Thursday as market participants see…

3
Cryptocurrency

Banks must upgrade their blockchain infrastructure

January 8, 2026

Opinion by: Igor Mandrigin, co-founder and chief technology and product officer of Gateway.fmFor years, private distributed ledger systems, like Hyperledger, have provided banks with a secure means to explore blockchain technology without venturing into public…

4
Cryptocurrency

Binance expands into precious metals with gold, silver futures settled in USDT

January 8, 2026

Binance has launched new perpetual futures contracts tied to gold and silver, expanding the crypto exchange’s derivatives offering beyond digital assets as demand grows for exposure to traditional safe-haven markets.Binance said Thursday it has introduced…

Economy

Economy

Trump’s team races to come up with a Greenland takeover plan — here’s what’s at stake

January 8, 2026
Economy

Real estate agents say the housing market is starting to balance out

January 8, 2026
Economy

Defense stocks surge after Trump calls for $1.5 trillion military budget in 2027

January 8, 2026
Economy

Elon Musk’s xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity

January 7, 2026
Economy

Berkshire Hathaway lifts new CEO Greg Abel’s salary to $25 million

January 7, 2026
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