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Category: Economy

Jensen Huang says Nvidia’s AI chips are now being manufactured in Arizona
Economy

Jensen Huang says Nvidia’s AI chips are now being manufactured in Arizona

October 29, 2025

Previously, Nvidia's fastest GPUs were solely manufactured in Taiwan. ...

Trump says fentanyl tariff cut, ‘farmers,’ Nvidia chips up for discussion with Xi as China confirms meeting
Economy

Trump says fentanyl tariff cut, ‘farmers,’ Nvidia chips up for discussion with Xi as China confirms meeting

October 29, 2025

Trump said he expects to lower fentanyl-linked tariffs on China ahead of a much-anticipated meeting with Chinese Xi Jinping in…

Economy

iRobot stock tumbles 33% after Roomba maker warns the search for a buyer has stalled

October 27, 2025

The Roomba maker's financial condition has worsened since Amazon abandoned its planned acquisition of the company in 2024. ...

Economy

Qualcomm announces AI chips to compete with AMD and Nvidia — stock soars 11%

October 27, 2025

The AI200, expected in 2026, and the AI250, planned for 2027, both can come in a system that fills up…

Economy

Tesla risks losing CEO Musk if $1 trillion pay package isn’t approved, board chair says

October 27, 2025

Tesla Board Chair Robyn Denholm said Elon Musk is key to the future of the EV maker as it focuses…

OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’
Economy

OpenAI says U.S. needs more power to stay ahead of China in AI: ‘Electrons are the new oil’

October 27, 2025

OpenAI urged the White House to substantially increase the U.S.' investment in new energy capacity ...

Amazon to announce largest layoffs in company history, source says
Economy

Amazon to announce largest layoffs in company history, source says

October 27, 2025

The layoffs will amount to the largest cuts to Amazon's corporate workforce in the company's history, according to a person…

Here’s where the economy is starting to show ‘K-shaped’ bifurcation
Economy

Here’s where the economy is starting to show ‘K-shaped’ bifurcation

October 26, 2025

Americans are increasingly diverging in their spending, with wealthier shoppers flexing their purchasing power while lower-income customers start to pull…

Government shutdown curtails nonprofit funding, putting vital services in jeopardy
Economy

Government shutdown curtails nonprofit funding, putting vital services in jeopardy

October 26, 2025

As the standoff in Washington drags on, many nonprofits have lost access to the federal grants essential to their operations.…

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Crypto World

1
Cryptocurrency

Vivek Ramaswamy’s Strive to raise $500M to buy Bitcoin

December 10, 2025

Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases.The firm, which was co-founded in 2022 by American entrepreneur and politician…

2
Cryptocurrency

Bitcoin firm Twenty One Capital drops 20% on first day of trading

December 10, 2025

Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging with the blank-check company Cantor Equity Partners.Twenty One Capital opened trading on Tuesday…

3
Cryptocurrency

Trump to begin interviews with Fed chair finalists this week: FT

December 10, 2025

The race for the new US Federal Reserve chair is nearing the finish line, with US President Donald Trump reportedly set to begin interviewing finalists for the top job this week. According to a report from…

4
Cryptocurrency

Bitcoin FOMO trickles back at $94K, but Fed could spoil the party

December 10, 2025

Bitcoin prices surged to a three-week high on Tuesday in a “much-needed rebound” that has caused traders to “FOMO back in and expect higher prices,” according to blockchain analytics firm Santiment.Bitcoin (BTC) prices jumped to…

Economy

Economy

China consumer inflation hits near two-year high despite deeper-than-expected producer deflation

December 10, 2025
Economy

Trump says he ‘heard’ Biden Fed appointments were signed by autopen, tells aide to investigate

December 10, 2025
Economy

Oracle’s AI-fueled debt load has investors on edge ahead of quarterly earnings

December 10, 2025
Economy

Hassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows

December 10, 2025
Economy

The Fed decision is expected to feature a rate cut and a lot more. Here’s what to expect

December 10, 2025
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