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Economy

Economy

U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns

May 6, 2025

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.…

Nvidia CEO says being locked out of China AI market would be ‘tremendous loss’
Economy

Nvidia CEO says being locked out of China AI market would be ‘tremendous loss’

May 6, 2025

Nvidia CEO Jensen Huang told CNBC on Tuesday that the China AI market will be worth about $50 billion and…

Trump downplays tariff talks: ‘We don’t have to sign deals’
Economy

Trump downplays tariff talks: ‘We don’t have to sign deals’

May 6, 2025

U.S. markets moved lower Tuesday after Trump's comments on trade deals. ...

Student loan collections restart for more than 5 million borrowers in default
Economy

Student loan collections restart for more than 5 million borrowers in default

May 5, 2025

As U.S. Department of Education will resume collecting on defaulted student loans on Monday, borrowers may face wage garnishment and…

Trump takes credit for ‘good parts’ of economy, blames ‘bad parts’ on Biden
Economy

Trump takes credit for ‘good parts’ of economy, blames ‘bad parts’ on Biden

May 5, 2025

Last week, Trump put the onus on Biden for the economy contracting in the first quarter of the year. ...

CNBC’s Official Global Soccer Team Valuations 2025: Here’s how the top 25 clubs in the world stack up
Economy

CNBC’s Official Global Soccer Team Valuations 2025: Here’s how the top 25 clubs in the world stack up

May 5, 2025

The 25 most valuable teams in the world are worth an average of $2.76 billion, according to CNBC's Official Global…

Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand
Economy

Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand

May 5, 2025

Here's how the brand is trying to get its portfolio back into shape and boost its status in the competitive…

Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes
Economy

Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes

May 5, 2025

...

Trump posts AI-generated photo of himself dressed as the pope
Economy

Trump posts AI-generated photo of himself dressed as the pope

May 4, 2025

President Trump earlier this year jokingly called himself a "king" after he moved to end the congestion pricing program in…

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Crypto World

1
Cryptocurrency

Bitcoin unspent transaction outputs signal capitulation underway: analyst

June 28, 2026

Analysis of Bitcoin unspent transaction outputs (UTXOs) shows that investors are capitulating, a pattern that has historically coincided with bear market bottoms. The ratio of the number of UTXOs spent in profit versus at a loss…

2
Cryptocurrency

Base post-mortem reveals sequencer bug behind back-to-back outages

June 28, 2026

A sequencer bug was responsible for two outages of the Coinbase layer-2 network Base last week, according to a post-mortem.  The Base engineering team said in a Saturday post-mortem that they identified a bug in sequencer…

3
Cryptocurrency

Grayscale’s Pandl hopes Strategy sells $3B in Bitcoin to restore confidence

June 28, 2026

Zach Pandl, head of research at Grayscale, said he hopes Strategy will sell at least $3 billion in Bitcoin to cover most of the company’s cash obligations for the next two years.In a Saturday X…

4
Cryptocurrency

SEC, CFTC seek input on unified portfolio margin rules across securities and derivatives

June 26, 2026

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have opened a joint public consultation on whether to better align portfolio margin rules across securities and derivatives markets, seeking feedback on…

Economy

Economy

U.S. military attacks Iranian targets after commercial tanker hit in the Strait of Hormuz

June 28, 2026
Economy

The memory shortage shaking Apple and Microsoft is ‘existential crisis’ for smaller players

June 28, 2026
Economy

Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate

June 26, 2026
Economy

Trump eases pressure on Fed Chairman Kevin Warsh as inflation tops 4%

June 26, 2026
Economy

U.S. strikes Iran after Trump accuses Tehran of ceasefire violation in Strait of Hormuz

June 26, 2026
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