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Category: Economy

Nintendo delays Switch 2 pre-orders because of Trump tariffs
Economy

Nintendo delays Switch 2 pre-orders because of Trump tariffs

April 4, 2025

Pre-orders of the new Nintendo console were supposed to start next week. ...

Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia
Economy

Technology stocks fall for a second session after Trump tariffs, led by Tesla and Nvidia

April 4, 2025

Technology stocks fell for a second day Friday as retaliatory tariffs from China fueled fears of a global trade war.…

Powell sees tariffs raising inflation and says Fed will wait before further rate moves
Economy

Powell sees tariffs raising inflation and says Fed will wait before further rate moves

April 4, 2025

Powell said the Fed faces a "highly uncertain outlook" because of the new reciprocal levies the president announced Wednesday ...

DeepSeek AI excitement spills over to Hong Kong’s IPO market
Economy

DeepSeek AI excitement spills over to Hong Kong’s IPO market

April 3, 2025

Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to…

De minimis trade loophole that boosted Chinese online retailers to end May 2
Economy

De minimis trade loophole that boosted Chinese online retailers to end May 2

April 3, 2025

The announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies a month…

Apple leads a drop in tech stocks after Trump tariff announcement
Economy

Apple leads a drop in tech stocks after Trump tariff announcement

April 3, 2025

Tech stocks fell in late trading Wednesday following President Donald Trump's announcement of reciprocal tariffs. ...

‘Absolutely nothing good’ coming out of Trump’s tariff announcement: Analysts react to latest U.S. levies
Economy

‘Absolutely nothing good’ coming out of Trump’s tariff announcement: Analysts react to latest U.S. levies

April 3, 2025

Analysts generally had a pessimistic take on the announcement, with some even predicting an increased risk of a recession for…

Economy

Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump’s tariffs

April 3, 2025

"The Nasdaq peaked on DeepSeek day so that's a Mag 7 problem, not a MAGA problem," Bessent said. ...

Hims & Hers shares rise as company adds new weight-loss medications to platform
Economy

Hims & Hers shares rise as company adds new weight-loss medications to platform

April 1, 2025

Hims & Hers is adding Zepbound, Mounjaro, and the generic injection liraglutide to its platform. ...

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Crypto World

1
Cryptocurrency, Markets

XRP price copies 2025 chart fractal that last time sparked 66% gains

May 5, 2026

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive…

2
Cryptocurrency

Bernstein cites $4T tokenized credit opportunity for Figure Technology stock

May 5, 2026

Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond its roots as a fintech lender, according to Bernstein.In a Tuesday…

3
Cryptocurrency

US prosecutors ask for leniency for ex-Celsius exec, citing cooperation

May 5, 2026

Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius.In a Monday letter filed in the US District Court for the Southern District of…

4
Cryptocurrency

CFTC sees mixed responses to prediction market rulemaking

May 4, 2026

The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s…

Economy

Economy

Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models

May 5, 2026
Economy

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

May 5, 2026
Economy

Intel soars 14% on report of Apple chip talks, hits new all-time high

May 5, 2026
Economy

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

May 4, 2026
Economy

Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition

May 4, 2026
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