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Category: Economy

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…

Economy

Defense stocks abruptly stem losses as Trump’s tariffs wreak havoc on global markets

April 7, 2025

European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn.…

Economy

Airlines expected to cut 2025 outlooks as travel demand falters

April 7, 2025

Wall Street analysts have slashed their price targets for U.S. airlines and downgraded ratings as concerns about travel demand grow.…

Economy

U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears

April 7, 2025

U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald…

How much do stocks have to drop before trading is halted? The details on market ‘circuit breakers’
Economy

How much do stocks have to drop before trading is halted? The details on market ‘circuit breakers’

April 7, 2025

Stock futures were down so much on Sunday that trading needed to be halted momentarily. ...

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Economy

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy

April 7, 2025

Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets crash.…

An ‘intimate and luxurious’ travel experience will take 12 people around the world in 100 days— almost entirely by train
Economy

An ‘intimate and luxurious’ travel experience will take 12 people around the world in 100 days— almost entirely by train

April 6, 2025

Adventures By Train's trip around the world will depart in March 17, 2026. ...

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Crypto World

1
Cryptocurrency

Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M

May 12, 2026

Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated…

2
Cryptocurrency

LMAX Group launches digital asset collateral solution for institutions

May 12, 2026

Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto…

3
Cryptocurrency, Markets

Bitcoin digests highest US CPI since 2023 as Fed rate hike woes return

May 12, 2026

Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years.Key points:US CPI inflation reaches its highest year-on-year levels since 2023.Energy prices…

4
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…

Economy

Economy

Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

May 12, 2026
Economy

It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

May 12, 2026
Economy

Here’s the inflation breakdown for April 2026 — in one chart

May 12, 2026
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
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