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Category: Economy

China consumer prices decline for a second straight month; producer deflation deepens
Economy

China consumer prices decline for a second straight month; producer deflation deepens

April 10, 2025

The data also comes as U.S. President Donald Trump boosted tariffs on Chinese imports to 125% overnight, up from his…

Stock market posts third biggest gain in post-WWII history on Trump’s tariff about-face
Economy

Stock market posts third biggest gain in post-WWII history on Trump’s tariff about-face

April 10, 2025

Stocks skyrocketed in a kneejerk reaction to President Donald Trump's announcement to put a 90-day pause on some of the…

Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts
Economy

Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts

April 10, 2025

Bitcoin could hit $250,000 as early as this year, Cardano blockchain founder Charles Hoskinson told CNBC's "Beyond The Valley" podcast.…

Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop
Economy

Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop

April 10, 2025

The Nasdaq had its second-best day on record on Wednesday, the kind of rally the market only sees during the…

Mortgage rates slingshot higher as tariff uncertainty roils markets
Economy

Mortgage rates slingshot higher as tariff uncertainty roils markets

April 8, 2025

After falling sharply last week, mortgage rates rose again this week, wiping out any advantage to the spring housing market.…

Judge says White House can’t ban AP from Oval Office, Air Force One
Economy

Judge says White House can’t ban AP from Oval Office, Air Force One

April 8, 2025

Associated Press journalists were blocked from events with President Trump after not reflecting his name change of the Gulf of…

Economy

Tech analyst responds to Trump wanting Apple to make iPhones in U.S.: ‘I don’t think that’s a thing’

April 8, 2025

Needham analyst Laura Martin said Apple's costs would skyrocket if it began building its marquee product in the U.S. ...

Apple’s 4-day slide puts Microsoft back on top as most valuable company
Economy

Apple’s 4-day slide puts Microsoft back on top as most valuable company

April 8, 2025

Among the tech megacap companies, Apple has been the hardest hit by President Donald Trump's tariffs. ...

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day
Economy

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day

April 8, 2025

With shares of Tesla plummeting on tariff concerns, CEO Elon Musk is taking to social media to slam top Trump…

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Crypto World

1
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…

2
Cryptocurrency

Veteran investor bets on Ethereum as AI agents drive tokenization demand

May 11, 2026

Macro investor and former hedge fund manager Jordi Visser said he recently bought Ether as he sees the “tokenization reality” starting this year, with tokenized assets powering agentic AI payments.“I don't think enough people are…

3
Cryptocurrency

7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy

May 11, 2026

Crypto investment firm Galaxy Digital said seven Democratic lawmakers on the US Senate Banking Committee could be key to advancing the Digital Asset Market Clarity Act when it goes to markup on Thursday, sending it…

4
Cryptocurrency

The Nobitex dilemma: How Iran’s biggest crypto exchange stays off the OFAC blacklist

May 9, 2026

Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA.But in that digital darkness, one…

Economy

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
Economy

From Singapore to Brussels, world leaders eye Trump-Xi summit from afar

May 11, 2026
Economy

Major crypto bill slated for May 14 Senate Banking Committee vote

May 9, 2026
Economy

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

May 9, 2026
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