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Category: Economy

Jeff Bezos killed Washington Post endorsement of Kamala Harris, paper reports
Economy

Jeff Bezos killed Washington Post endorsement of Kamala Harris, paper reports

October 26, 2024

The Washington Post planned to endorse Kamala Harris over Donald Trump before owner Jeff Bezos, the Amazon founder, decided against…

Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations
Economy

Delta sues CrowdStrike after widespread IT outage that caused thousands of cancellations

October 26, 2024

Delta is seeking damages for its losses from the July IT incident, as well as litigation costs and punitive damages.…

Yum Brands and Burger King pull onions from select restaurants after McDonald’s E. coli outbreak
Economy

Yum Brands and Burger King pull onions from select restaurants after McDonald’s E. coli outbreak

October 24, 2024

Yum Brands said it has been monitoring the recently reported E. coli outbreak, which has been linked to Quarter Pounder…

Elon Musk is $26 billion richer after Tesla’s best day on the stock market since 2013
Economy

Elon Musk is $26 billion richer after Tesla’s best day on the stock market since 2013

October 24, 2024

Tesla shares soared 22% on Thursday, lifting the world's richest person's net worth by roughly $26 billion. ...

French trader bet over $28 million on Trump election win using 4 Polymarket accounts
Economy

French trader bet over $28 million on Trump election win using 4 Polymarket accounts

October 24, 2024

Supporters of Donald Trump, including Elon Musk, have touted shifting election odds on Polymarket even as polls largely show a…

Tesla stock soars 22% for best day in over a decade on Musk’s 2025 growth projection
Economy

Tesla stock soars 22% for best day in over a decade on Musk’s 2025 growth projection

October 24, 2024

Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings. ...

Judge blocks Coach owner Tapestry’s proposed acquisition of Michael Kors parent Capri
Economy

Judge blocks Coach owner Tapestry’s proposed acquisition of Michael Kors parent Capri

October 24, 2024

The FTC sued to block the merger between Tapestry and Capri, arguing it would harm consumers and employees. ...

Mortgage demand drops to its lowest level since July, as interest rates return to summer highs
Economy

Mortgage demand drops to its lowest level since July, as interest rates return to summer highs

October 23, 2024

Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since July ...

McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders
Economy

McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders

October 23, 2024

The CDC said an E. coli outbreak linked to McDonald's Quarter Pounder burgers has led to 10 hospitalizations and one…

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Crypto World

1
Cryptocurrency

Japan’s FSA weighs allowing banks to hold Bitcoin, other cryptos: Report

October 19, 2025

Japan’s Financial Services Agency (FSA) is reportedly preparing to review regulations that could allow banks to acquire and hold cryptocurrencies such as Bitcoin for investment purposes. The move would mark a major policy shift, as…

2
Cryptocurrency

Chinese tech giants halt Hong Kong stablecoin plans amid Beijing concerns: FT

October 19, 2025

Chinese technology giants, including Ant Group and JD.com, have reportedly suspended plans to issue stablecoins in Hong Kong after regulators in Beijing voiced concerns over privately controlled digital currencies.The companies were instructed by the People’s…

3
Cryptocurrency

Can Ethereum price reclaim $4,500 in October?

October 19, 2025

Key takeaways:Ether’s rebound from a key support confluence puts $4,500 back within reach.MVRV bands show ETH price holding above support, and eyeing a rally to $5,000.Ethereum’s native token, Ether (ETH), has rebounded by more than…

4
Cryptocurrency

Michael Saylor hints at a fresh Bitcoin purchase despite NAV collapse

October 19, 2025

Michael Saylor has once again hinted that his company, Strategy (formerly MicroStrategy), may be preparing to buy more Bitcoin, even as corporate Bitcoin treasuries face mounting pressure from a sharp drop in net asset values…

Economy

Economy

I retired in the No. 1 country Americans want to move to most—I don’t regret it: ‘We save about $5,000 per month’

October 19, 2025
Economy

Top Wall Street analysts are upbeat on these 3 dividend-paying stocks

October 19, 2025
Economy

From fraternities to women’s soccer, this under-the-radar T-shirt brand is popping up everywhere

October 19, 2025
Economy

The alleged ‘sweeping betrayal of trust’ that rocked Zions bank and spooked Wall Street

October 19, 2025
Economy

As Anthropic tries to keep pace with OpenAI, it’s also taking on the U.S. government

October 19, 2025
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