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Category: Economy

Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs
Economy

Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs

April 6, 2025

With the Nasdaq closing its worst week since the Covid pandemic and several tech companies delaying IPOs, Silicon Valley's Trump…

Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market
Economy

Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market

April 4, 2025

Warren Buffett went on the record to deny social media posts shared by Trump that included a false endorsement from…

Klarna, StubHub delay IPOs as Trump’s tariffs roil markets
Economy

Klarna, StubHub delay IPOs as Trump’s tariffs roil markets

April 4, 2025

Klarna and StubHub are delaying plans to go public after President Donald Trump's sweeping tariff announcement sent shockwaves through the…

Nintendo delays Switch 2 pre-orders because of Trump tariffs
Economy

Nintendo delays Switch 2 pre-orders because of Trump tariffs

April 4, 2025

Pre-orders of the new Nintendo console were supposed to start next week. ...

Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia
Economy

Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia

April 4, 2025

Technology stocks fell for a second day Friday as retaliatory tariffs from China fueled fears of a global trade war.…

Powell sees tariffs raising inflation and says Fed will wait before further rate moves
Economy

Powell sees tariffs raising inflation and says Fed will wait before further rate moves

April 4, 2025

Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced Wednesday ...

DeepSeek AI excitement spills over to Hong Kong’s IPO market
Economy

DeepSeek AI excitement spills over to Hong Kong’s IPO market

April 3, 2025

Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to…

De minimis trade loophole that boosted Chinese online retailers to end May 2
Economy

De minimis trade loophole that boosted Chinese online retailers to end May 2

April 3, 2025

The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month…

Apple leads a drop in tech stocks after Trump tariff announcement
Economy

Apple leads a drop in tech stocks after Trump tariff announcement

April 3, 2025

Tech stocks fell in late trading Wednesday following President Donald Trump's announcement of reciprocal tariffs. ...

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Crypto World

1
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

2
Cryptocurrency

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

May 2, 2026

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining…

3
Cryptocurrency

A16z sides with CFTC against states seeking to ban prediction markets

May 2, 2026

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.The venture capital…

4
Cryptocurrency

Brazil bars crypto settlement in regulated cross-border payment rails

May 1, 2026

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On…

Economy

Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
Economy

Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era

May 2, 2026
Economy

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

May 1, 2026
Economy

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue

May 1, 2026
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