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Category: Economy

The Fed will update its rate projections Wednesday. Here’s what to expect
Economy

The Fed will update its rate projections Wednesday. Here’s what to expect

March 18, 2025

If market pricing is correct, there's virtually no chance central bank policymakers budge from the current level of their key…

Google-Wiz deal is ‘litmus test’ for Trump administration’s handling of Big Tech
Economy

Google-Wiz deal is ‘litmus test’ for Trump administration’s handling of Big Tech

March 18, 2025

After Google agreed to buy security software vendor Wiz for $32 billion on Tuesday, the Trump administration will get an…

Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS
Economy

Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS

March 18, 2025

Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station. ...

Nvidia announces Blackwell Ultra and Rubin AI chips
Economy

Nvidia announces Blackwell Ultra and Rubin AI chips

March 18, 2025

Nvidia’s sales are up more than sixfold since its business was transformed by the release of OpenAI’s ChatGPT in late…

AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says
Economy

AI that can match humans at any task will be here in five to 10 years, Google DeepMind CEO says

March 17, 2025

Google DeepMind CEO Demis Hassabis said he thinks artificial general intelligence, or AGI, will emerge in the next five or…

Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis
Economy

Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis

March 17, 2025

Bessent believes market pullbacks are benign, and Trump's pro-business policies will boost the economy in the long run. ...

Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs
Economy

Trump economic advisor Kevin Hassett warns of more uncertainty over tariffs

March 17, 2025

President Donald Trump has shrugged off calls for more clarity about his policies, even as they stoke turmoil in the…

Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Economy

Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm

March 17, 2025

The deal with Walmart heightens the rivalry between Affirm and Klarna, two of the world's biggest BNPL players, just as…

Retail sales increased 0.2% in February, though spending up less than expected
Economy

Retail sales increased 0.2% in February, though spending up less than expected

March 17, 2025

Retail sales were expected to show a 0.6% rise in February, according to the Dow Jones consensus estimate. ...

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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

Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers

May 7, 2026
Economy

Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty

May 7, 2026
Economy

Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe

May 7, 2026
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
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