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Category: Economy

GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025
Economy

GM reveals new performance Cadillac Lyriq as it plans to lead EV luxury sales in 2025

January 23, 2025

General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq. ...

Can Trump force the hand of NATO allies to spend up to 5% of GDP on defense?
Economy

Can Trump force the hand of NATO allies to spend up to 5% of GDP on defense?

January 23, 2025

As President Trump looks to fix the issues that irk him the most, the issue of NATO defense spending —…

American Airlines shares tumble as outlook falls short
Economy

American Airlines shares tumble as outlook falls short

January 23, 2025

American forecast a wider than expected loss for the first quarter, sending shares lower. ...

Stripe cuts 300 jobs in product, engineering and operations
Economy

Stripe cuts 300 jobs in product, engineering and operations

January 22, 2025

Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed. ...

Netflix shares soar as company reports surging revenue, tops 300 million subscribers
Economy

Netflix shares soar as company reports surging revenue, tops 300 million subscribers

January 22, 2025

The fourth quarter was the last for which Netflix will report quarterly paid subscriber counts. ...

Netflix to hike prices on standard and ad-supported streaming plans
Economy

Netflix to hike prices on standard and ad-supported streaming plans

January 22, 2025

Streaming giant Netflix said it is increasing the cost of its plans in the U.S., including its cheaper, ad-supported option.…

Trump says he’s considering a 10% tariff on China beginning as soon as Feb. 1
Economy

Trump says he’s considering a 10% tariff on China beginning as soon as Feb. 1

January 22, 2025

On Tuesday, President Donald Trump floated a 10% duty on China, with an expected start date of Feb. 1. ...

Trump announces AI infrastructure investment backed by Oracle, OpenAI and Softbank
Economy

Trump announces AI infrastructure investment backed by Oracle, OpenAI and Softbank

January 22, 2025

President Donald Trump announced a venture with OpenAI, Oracle and Softbank to invest billions of dollars in U.S. AI infrastructure.…

Stanley Druckenmiller says ‘animal spirits’ are back in markets because of Trump with CEOs ‘giddy’
Economy

Stanley Druckenmiller says ‘animal spirits’ are back in markets because of Trump with CEOs ‘giddy’

January 20, 2025

"I'd say CEOs are somewhere between relieved and giddy. So we're a believer in animal spirits," Druckenmiller said. ...

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Crypto World

1
Cryptocurrency

Flow details December exploit that led to $3.9M in losses due to counterfeit tokens

January 7, 2026

The Flow Foundation on Tuesday published a technical post-mortem detailing a protocol-level exploit that occurred on Dec. 27, when an attacker was able to counterfeit tokens on the network, resulting in about $3.9 million in…

2
Cryptocurrency

Bitchat dev shrugs off Uganda’s threat to block app: ‘Good luck mate’

January 7, 2026

One of the developers of Jack Dorsey’s decentralized messaging app Bitchat has cast doubt on Uganda’s threat to shut down the app ahead of the country’s presidential election.On Monday, the Uganda Communications Commission executive director,…

3
Cryptocurrency

US community banks join campaign to shut a GENIUS Act ‘loophole’

January 7, 2026

A group of US community bankers is pressuring Congress to change the GENIUS Act to close a supposed “loophole” that allows yield-generating stablecoins to undercut banks.The American Bankers Association’s Community Bankers Council said in a…

4
Cryptocurrency

Bitcoin enters ‘strength’ phase, but $100K debate heats up between traders

January 5, 2026

Bitcoin (BTC) is attempting to transition into a phase of “strength” after weeks of range-trading between $90,000 and $86,000. While the technical structure has improved, BTC traders debate whether the move has momentum or risks…

Economy

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
Economy

Trump says Venezuela to give up to 50 million barrels of oil to U.S.

January 7, 2026
Economy

Pentagon to cut Sen. Mark Kelly’s military retirement pay over ‘seditious’ video: Hegseth

January 5, 2026
Economy

JPMorgan forms special advisory group to share some of bank’s ‘secret sauce’ with clients

January 5, 2026
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