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Category: Economy

Home sales drop sharply as prices hit an all-time high for January
Economy

Home sales drop sharply as prices hit an all-time high for January

February 21, 2025

The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest…

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage
Economy

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage

February 21, 2025

Shares of Hims & Hers tumble 23% after FDA says semaglutide is no longer in shortage ...

UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months
Economy

UnitedHealth’s rough stretch continues, with buyouts, a reported DOJ probe and a 23% drop in three months

February 21, 2025

It extends a tumultuous period for UnitedHealth marked by the killing of a top executive, a costly cyberattack against its…

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon
Economy

Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon

February 21, 2025

The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown…

Apple unveils cheaper iPhone 16e powerful enough to run AI
Economy

Apple unveils cheaper iPhone 16e powerful enough to run AI

February 20, 2025

The new iPhone is called iPhone 16e, and it will retail for $599 when it goes on sale later this…

Walmart will report earnings before the bell. Here’s what to expect
Economy

Walmart will report earnings before the bell. Here’s what to expect

February 20, 2025

Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income…

Trump says he’s weighing giving 20% of DOGE savings to Americans
Economy

Trump says he’s weighing giving 20% of DOGE savings to Americans

February 20, 2025

President Donald Trump revealed Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency…

Carvana expects another ‘strong’ year after topping fourth-quarter expectations
Economy

Carvana expects another ‘strong’ year after topping fourth-quarter expectations

February 20, 2025

Carvana topped Wall Street's top- and bottom-line expectations for the fourth quarter, while guiding for another "strong" year in 2025.…

Economy

Chinese giant Alibaba posts profit and revenue beat in December quarter amid strength in cloud unit

February 20, 2025

Chinese e-commerce titan Alibaba on Thursday beat expectations on top and bottom line in its December quarter, citing the strength ongoing strength…

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Crypto World

1
Cryptocurrency

Proposed bill seeks to ban US president, Congress from prediction markets

March 26, 2026

US lawmakers have introduced a bill aiming to ban members of the US Congress, the president and other high-ranking government officials from wagering on prediction markets.The proposed bill, a bipartisan effort from US Representative Adrian…

2
Cryptocurrency

Coinbase opposes latest crypto bill stablecoin compromise: Report

March 26, 2026

Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill.Coinbase representatives told Senate lawmakers in a meeting Monday that they…

3
Cryptocurrency

UK pushes ahead with temporary ban on political crypto donations

March 26, 2026

The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians.Cointelegraph reported on Wednesday that the Rycroft Review, an independent inquiry…

4
Cryptocurrency

Lombard taps Bitwise to offer Bitcoin yield and lending to institutional custody

March 24, 2026

Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds of…

Economy

Economy

Republicans balk at Senate Democrats’ DHS shutdown counteroffer

March 26, 2026
Economy

Trump says Justices Barrett, Gorsuch ‘sicken me’ after Supreme Court tariff ruling

March 26, 2026
Economy

Iran has no intention to hold talks with U.S; foreign minister says Trump proposal to end war being reviewed

March 26, 2026
Economy

World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC

March 24, 2026
Economy

Kuwait says Strait of Hormuz closure is beyond catastrophic, will trigger domino effect across global economy

March 24, 2026
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