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Category: Economy

FDA cancels vaccine advisory meeting for choosing flu strains for next season’s shots
Economy

FDA cancels vaccine advisory meeting for choosing flu strains for next season’s shots

February 27, 2025

It comes as RFK Jr., a vaccine skeptic who now leads the Department of Health and Human Services, makes moves…

Economy

The Federal Reserve’s favorite recession indicator is flashing a danger sign again

February 27, 2025

The 10-year yield fell below that of the 3-month note, marking an "inverted yield curve" that has a sterling recession…

Salesforce misses on revenue, issues disappointing guidance
Economy

Salesforce misses on revenue, issues disappointing guidance

February 27, 2025

Salesforce missed analysts' expectations for quarterly revenue in its top two categories. ...

Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
Economy

Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.

February 27, 2025

U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed…

Nvidia’s auto segment revenue surges to record high on demand for driver-assist tech
Economy

Nvidia’s auto segment revenue surges to record high on demand for driver-assist tech

February 27, 2025

U.S. chipmaker Nvidia's auto segment revenue doubled in the latest quarter to its highest on record as demand for driver-assist…

Democrat senators question what Elon Musk plans to do with sensitive CFPB data
Economy

Democrat senators question what Elon Musk plans to do with sensitive CFPB data

February 26, 2025

Lawmakers questioned whether Elon Musk was conflicted in his moves to dismantle the CFPB, highlighting his recent plan to launch…

Super Micro files financials just ahead of Nasdaq deadline and says it’s ‘regained compliance,’ stock pops 22%
Economy

Super Micro files financials just ahead of Nasdaq deadline and says it’s ‘regained compliance,’ stock pops 22%

February 26, 2025

Super Micro Computer filed its annual report for the year that ended June 30, meeting a deadline to stay listed…

Lucid CEO steps down; EV maker plans to more than double production in 2025
Economy

Lucid CEO steps down; EV maker plans to more than double production in 2025

February 26, 2025

Lucid said Marc Winterhoff, currently the company's chief operating officer, has taken over as interim CEO. ...

Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Economy

Nvidia to report earnings amid infrastructure spending, DeepSeek concerns

February 26, 2025

Nvidia reports fourth-quarter financial results on Wednesday after the bell. ...

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Crypto World

1
Cryptocurrency, Markets

Bitcoin price drops to near $68K as US jobs weakness fails to rescue bulls

March 6, 2026

Bitcoin (BTC) slipped under $70,000 around Friday’s Wall Street open as weak US employment data failed to boost risk assets.Key points:Bitcoin and stocks slump in reaction to a surprise downturn in US nonfarm payrolls.Fed interest-rate…

2
Cryptocurrency

Crypto Biz: Kraken plugs into the Fed

March 6, 2026

The digital asset sector took another step toward integration with traditional finance this week when Kraken secured direct access to the US Federal Reserve’s payment rails — a milestone that could reshape how crypto companies…

3
Cryptocurrency

Binance slams US Senate probe over Iran as based on defamatory reports

March 6, 2026

Cryptocurrency exchange Binance has officially responded to a February inquiry launched by a group of 11 US senators, largely denying facilitating transactions to Iranian entities and the narrative around employees’ terminations.In a Friday letter to…

4
Cryptocurrency

Crypto stocks rally as Trump, regulators signal pro-crypto policy shift

March 5, 2026

Crypto-related stocks surged on Wednesday as recent pro-crypto commentary from the US president pushed Bitcoin and the broader crypto market higher.Alongside a rise in the cryptocurrency market, the Bitcoin (BTC) treasury company Strategy spiked by…

Economy

Economy

Global oil benchmark Brent crude breaks above $90 a barrel amid Iran war, U.S. crude tops $89

March 6, 2026
Economy

U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%

March 6, 2026
Economy

Trump says no deal with Iran to end war without ‘unconditional surrender’

March 6, 2026
Economy

European markets head for another mixed open as war unsettles traders

March 5, 2026
Economy

Investors poured billions into private credit. Now many want their money back

March 5, 2026
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