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Category: Economy

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. ...

Meta debuts new Llama 4 models, but most powerful AI model is still to come
Economy

Meta debuts new Llama 4 models, but most powerful AI model is still to come

April 6, 2025

Meta has not yet released the biggest and most powerful Llama 4 model, which outperforms other AI models in its…

Economists take issue with Trump’s tariff formula, arguing rate is inflated
Economy

Economists take issue with Trump’s tariff formula, arguing rate is inflated

April 6, 2025

The formula the Trump administration used to calculate his tariffs is bewildering economists. ...

Economy

How Trump’s tariffs rollout turned into stock market mayhem

April 6, 2025

What's happened is something worse than the worst-case scenario. ...

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Crypto World

1
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…

2
Cryptocurrency

Veteran investor bets on Ethereum as AI agents drive tokenization demand

May 11, 2026

Macro investor and former hedge fund manager Jordi Visser said he recently bought Ether as he sees the “tokenization reality” starting this year, with tokenized assets powering agentic AI payments.“I don't think enough people are…

3
Cryptocurrency

7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy

May 11, 2026

Crypto investment firm Galaxy Digital said seven Democratic lawmakers on the US Senate Banking Committee could be key to advancing the Digital Asset Market Clarity Act when it goes to markup on Thursday, sending it…

4
Cryptocurrency

The Nobitex dilemma: How Iran’s biggest crypto exchange stays off the OFAC blacklist

May 9, 2026

Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA.But in that digital darkness, one…

Economy

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
Economy

From Singapore to Brussels, world leaders eye Trump-Xi summit from afar

May 11, 2026
Economy

Major crypto bill slated for May 14 Senate Banking Committee vote

May 9, 2026
Economy

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

May 9, 2026
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