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Category: Economy

Lebanon had ‘no say in the decision to go to war,’ foreign minister says
Economy

Lebanon had ‘no say in the decision to go to war,’ foreign minister says

November 28, 2024

Both Israel and Hezbollah have accused each other of breaching the cease-fire agreement less than 48 hours after it was…

Meta, Rabbit and Bee AI have Black Friday deals, but there’s no must-have AI gadget yet
Economy

Meta, Rabbit and Bee AI have Black Friday deals, but there’s no must-have AI gadget yet

November 28, 2024

Meta, Rabbit and Bee AI are offering Black Friday deals for their devices that incorporate AI, but there aren't many…

Undersea cable cuts in the Baltic Sea are stoking geopolitical tensions — here’s what’s going on
Economy

Undersea cable cuts in the Baltic Sea are stoking geopolitical tensions — here’s what’s going on

November 28, 2024

The cutting of two undersea cables prompted warnings of "sabotage" and potential "hybrid" warfare in the West amid the ongoing…

Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs
Economy

Shares of key chip suppliers jump as U.S. reportedly considers toned-down China curbs

November 28, 2024

ASML and Tokyo Electron shares rose after a report that the U.S. is considering sanctions on China's chip industry that…

These economists say artificial intelligence can narrow U.S. deficits by improving health care
Economy

These economists say artificial intelligence can narrow U.S. deficits by improving health care

November 28, 2024

Economists at the Brookings Institution estimate AI could reduce the U.S. budget deficit some $900 billion by 2044. ...

China’s industrial profits fall by 10% in October as deflation worries linger
Economy

China’s industrial profits fall by 10% in October as deflation worries linger

November 27, 2024

Industrial profits are a key gauge of the financial health of factories, mines and utilities in China. ...

‘Europe’s Detroit’ built a thriving car industry. Trump tariffs now threaten to unravel its success
Economy

‘Europe’s Detroit’ built a thriving car industry. Trump tariffs now threaten to unravel its success

November 27, 2024

A small landlocked country in the heart of Europe appears to be uniquely exposed to President-elect Donald Trump's "America First"…

OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer
Economy

OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer

November 27, 2024

OpenAI on Tuesday introduced a new $1.5 billion tender offer, a continuation of its recent $6.6 billion funding round, led…

Israel-Hezbollah permanent ceasefire has been accepted, Biden says
Economy

Israel-Hezbollah permanent ceasefire has been accepted, Biden says

November 27, 2024

Israel and Lebanon have agreed to a permanent ceasefire in cross-border hostilities between the Jewish state and Hezbollah militants. ...

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Crypto World

1
Cryptocurrency

Bank of England’s Breeden warns watered-down stablecoin rules risk stability

November 12, 2025

Weaker stablecoin rules in the UK could risk financial stability and trigger a credit crunch, according to the Bank of England’s deputy governor, Sarah Breeden.“We have a different set of risks to manage as we…

2
Cryptocurrency

Canary Capital filing signals spot XRP ETF set for launch this week

November 12, 2025

The first US-based exchange-traded fund (ETF) to directly hold XRP could hit the market as soon as Thursday, after crypto investment firm Canary Capital filed key documents for its fund.Bloomberg senior ETF analyst Eric Balchunas…

3
Cryptocurrency

Nationally chartered bank SoFi rolls out crypto trading for US customers

November 12, 2025

US bank SoFi Technologies has launched crypto trading services to its customers, as clearer rules have allowed the crypto market to court greater interest from traditional finance.SoFi said on Tuesday that its crypto service will…

4
Cryptocurrency

Bitwise Chainlink ETF appears on DTCC site, tipping pending launch

November 12, 2025

Bitwise’s spot Chainlink exchange-traded fund (ETF) has appeared on the Depository Trust and Clearing Corporation’s registry, a usually positive sign that the fund is moving closer to launch.The Bitwise Chainlink ETF was added to the…

Economy

Economy

Tariffs thaw, rivalry simmers: U.S.–China trade truce enters uneasy phase

November 12, 2025
Economy

SNAP: Trump admin gets longer Supreme Court pause on order it pay full food stamp benefits

November 12, 2025
Economy

Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand

November 12, 2025
Economy

Trump is pardoning dozens of allies and backers. Here’s who might be seeking clemency

November 12, 2025
Economy

AMD’s Lisa Su sees 35% annual sales growth driven by ‘insatiable’ AI demand

November 12, 2025
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