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Category: Economy

CIA believes Covid-19 likely caused by lab leak, NBC News reports
Economy

CIA believes Covid-19 likely caused by lab leak, NBC News reports

January 26, 2025

"CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible." ...

Aerial firefighting companies’ new challenge: Keeping up with demand
Economy

Aerial firefighting companies’ new challenge: Keeping up with demand

January 26, 2025

Aerial firefighting companies supplement federal and state firefighting fleets, and their services are in high demand. ...

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry
Economy

Venture Global closes below IPO price in disappointing debut despite Trump’s support of LNG industry

January 24, 2025

"The Trump administration has made very clear they support growing LNG exports," Venture CEO Mike Sabel told CNBC in an…

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth
Economy

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth

January 24, 2025

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year…

Target rolls back DEI initiatives, the latest big company to retreat
Economy

Target rolls back DEI initiatives, the latest big company to retreat

January 24, 2025

Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs. ...

Trump recommends ending FEMA ahead of California fire site visit
Economy

Trump recommends ending FEMA ahead of California fire site visit

January 24, 2025

President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved…

Alphabet shares close above $200 for first time on split-adjusted basis
Economy

Alphabet shares close above $200 for first time on split-adjusted basis

January 24, 2025

Investors are growing more bullish on Alphabet as the company speeds up its AI development. ...

Microsoft’s business development chief Chris Young resigns
Economy

Microsoft’s business development chief Chris Young resigns

January 23, 2025

Chris Young, who joined Microsoft in 2020, worked on the software company's investments, its OpenAI relationship and the Activision Blizzard…

CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say
Economy

CNN to lay off hundreds of employees as post-inauguration transformation begins, sources say

January 23, 2025

Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.…

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Crypto World

SoftSwiss 1
Cryptocurrency

RevDuck’s “Jewels Scam”: How Lyntec on Great Portland Street Powers an Affilka-Backed Illegal Casino Network

February 9, 2026

Source: FinTelegram A coordinated “Jewels” operation involving Ukrainian nationals, London-based shell companies, and the SoftSwiss-powered RevDuck network has been unmasked. New evidence reveals how Lyntec Limited acts as a financial front for illegal fiat deposits,…

2
Cryptocurrency

Canton’s Yuval Rooz says crypto is finally repricing ‘empty shell’ models

February 9, 2026

The cryptocurrency market sell‑off is forcing a reckoning in the industry to reward blockchains with real business models, where value flows to token holders and users rather than intermediaries or speculative order flow, according to…

3
Cryptocurrency

Saylor’s Strategy buys $90M in Bitcoin as price trades below cost basis

February 9, 2026

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, added another tranche of BTC last week, expanding its holdings without pushing its overall cost basis lower.Strategy acquired 1,142 Bitcoin (BTC) for $90 million last…

4
Cryptocurrency

Bitcoin miner Cango sells $305M BTC to cut leverage and fund AI pivot

February 9, 2026

Bitcoin miner Cango has sold 4,451 Bitcoin on the open market, generating net proceeds of about $305 million it says were used to partially repay a Bitcoin‑collateralized loan and to strengthen its balance sheet. The company…

Economy

Economy

Epstein files: Congressional lawmakers call for Trump Commerce chief Lutnick to resign, or be fired

February 9, 2026
Economy

Cuba says international airlines can no longer refuel there as Trump turns up the pressure

February 9, 2026
Economy

Novo Nordisk sues Hims & Hers over cheaper copycat versions of Wegovy pill, injections

February 9, 2026
Economy

Trump administration equity stakes pose risks to U.S. companies and markets

February 8, 2026
Economy

Hims & Hers pulls copycat weight-loss pill after threats of legal action

February 8, 2026
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