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Category: Economy

Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares
Economy

Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares

March 3, 2025

The deal is also the latest in a string of private companies letting employees cash out shares and lowering the…

Economy

Bitcoin jumps nearly $14,000 in three days on Trump’s crypto reserve announcement

March 3, 2025

Cryptocurrencies rallied over the weekend after President Donald Trump teased new details about the highly anticipated strategic bitcoin reserve. ...

Former New York Gov. Andrew Cuomo launches campaign for NYC mayor in bid to oust Eric Adams
Economy

Former New York Gov. Andrew Cuomo launches campaign for NYC mayor in bid to oust Eric Adams

March 2, 2025

Cuomo, who left his previous post because of a damning sexual harassment scandal, announced his candidacy on Saturday against fellow Democrat…

Social Security has never missed a payment. DOGE actions threaten ‘interruption of benefits,’ ex-agency head says
Economy

Social Security has never missed a payment. DOGE actions threaten ‘interruption of benefits,’ ex-agency head says

March 2, 2025

New changes at the U.S. Social Security Administration may put its ability to deliver monthly benefit checks at risk, former…

Another ‘near miss’: Citigroup mistakenly credited a customer account with $81 trillion
Economy

Another ‘near miss’: Citigroup mistakenly credited a customer account with $81 trillion

March 2, 2025

Citigroup mistakenly credit a customer's account with $81 trillion last year when it meant to send just $280. ...

Microsoft resolves global outage that left tens of thousands unable to access email and other apps
Economy

Microsoft resolves global outage that left tens of thousands unable to access email and other apps

March 2, 2025

Microsoft said service was restored following an outage that left tens of thousands of users unable to access their Outlook…

Trump objected to Zelenskyy’s tone and body language in Oval Office clash, White House says
Economy

Trump objected to Zelenskyy’s tone and body language in Oval Office clash, White House says

March 2, 2025

Zelenskyy challenged the idea that Ukraine can rely on diplomatic guarantees by Russia, whose leader Vladimir Putin launched the war…

Block’s 30% plunge in February leads fintech selloff, while Stripe shows benefit of staying private
Economy

Block’s 30% plunge in February leads fintech selloff, while Stripe shows benefit of staying private

February 28, 2025

Fintech stocks plummeted in February, paced by Block's drop, but Stripe's valuation soared to a near-record high in the private…

FAA clears SpaceX for another Starship test flight after explosion in January
Economy

FAA clears SpaceX for another Starship test flight after explosion in January

February 28, 2025

SpaceX has attained authorization from regulators to fly its massive Starship rocket once again, the FAA announced on Friday. ...

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Crypto World

1
Cryptocurrency

Bank of France calls for tougher MiCA limits on stablecoin payments

April 10, 2026

French officials are pushing for tighter oversight of crypto from two directions, as a Bank of France official called for stricter limits on non-euro stablecoins under the European Union’s Markets in Crypto-Assets Regulation (MiCA), and…

2
Cryptocurrency

White House warns staff as Iran bets add to growing insider trading concerns

April 10, 2026

The White House warned staff against improperly using confidential information to place bets in futures markets after suspicious oil trades ahead of President Donald Trump’s March 23 Iran announcement drew scrutiny, according to Reuters.Reuters reported…

3
Cryptocurrency, Markets

Bitcoin hits $73K as cool US CPI data shows 60-year record gas price hike

April 10, 2026

Bitcoin (BTC) tagged $73,000 following Friday’s Wall Street open as crucial US inflation numbers came in below expectations.Key points:Bitcoin edges higher as US CPI data remains slightly below market expectations.Gasoline prices see a historic surge…

4
Cryptocurrency

Visa unveils commerce platform enabling autonomous AI shopping

April 9, 2026

Credit card giant Visa has ventured further into the agentic AI payments race, announcing a new platform on Wednesday to help businesses participate in AI-driven commerce.In a statement on Wednesday, Visa described Intelligent Commerce Connect…

Economy

Economy

TSMC posts 35% jump in revenue to new record high as AI chip demand stays strong

April 10, 2026
Economy

Powell, Bessent discussed Anthropic’s Mythos AI cyber threat with major U.S. banks

April 10, 2026
Economy

Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict

April 10, 2026
Economy

Trump warns U.S. military will stay near Iran until ‘real agreement’ is honored

April 9, 2026
Economy

U.S. has violated ceasefire agreement, Iran parliamentary speaker says

April 9, 2026
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