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Category: Economy

Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts
Economy

Bitcoin to hit $250,000 this year and Magnificent 7 to adopt stablecoins, Cardano founder predicts

April 10, 2025

Bitcoin could hit $250,000 as early as this year, Cardano blockchain founder Charles Hoskinson told CNBC's "Beyond The Valley" podcast.…

Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop
Economy

Dot-com bust, 1987 crash had massive relief rallies similar to Wednesday’s pop

April 10, 2025

The Nasdaq had its second-best day on record on Wednesday, the kind of rally the market only sees during the…

Mortgage rates slingshot higher as tariff uncertainty roils markets
Economy

Mortgage rates slingshot higher as tariff uncertainty roils markets

April 8, 2025

After falling sharply last week, mortgage rates rose again this week, wiping out any advantage to the spring housing market.…

Judge says White House can’t ban AP from Oval Office, Air Force One
Economy

Judge says White House can’t ban AP from Oval Office, Air Force One

April 8, 2025

Associated Press journalists were blocked from events with President Trump after not reflecting his name change of the Gulf of…

Economy

Tech analyst responds to Trump wanting Apple to make iPhones in U.S.: ‘I don’t think that’s a thing’

April 8, 2025

Needham analyst Laura Martin said Apple's costs would skyrocket if it began building its marquee product in the U.S. ...

Apple’s 4-day slide puts Microsoft back on top as most valuable company
Economy

Apple’s 4-day slide puts Microsoft back on top as most valuable company

April 8, 2025

Among the tech megacap companies, Apple has been the hardest hit by President Donald Trump's tariffs. ...

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day
Economy

Elon Musk ratchets up attacks on Navarro as Tesla shares slump for fourth day

April 8, 2025

With shares of Tesla plummeting on tariff concerns, CEO Elon Musk is taking to social media to slam top Trump…

Economy

Defense stocks abruptly stem losses as Trump’s tariffs wreak havoc on global markets

April 7, 2025

European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn.…

Economy

Airlines expected to cut 2025 outlooks as travel demand falters

April 7, 2025

Wall Street analysts have slashed their price targets for U.S. airlines and downgraded ratings as concerns about travel demand grow.…

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Crypto World

1
Cryptocurrency

BlackRock’s Bitcoin ETF notches 2-week high inflow as BTC nears $112K

May 22, 2025

BlackRock’s iShares Bitcoin Trust (IBIT) has seen its largest inflow in the past two weeks as traders allocate to US spot Bitcoin exchange-traded funds (ETFs) to scoop up the rocketing cryptocurrency.IBIT’s May 21 net inflows…

2
Cryptocurrency

Hyperliquid sees $1.1B Bitcoin long bet opened at 40x leverage

May 22, 2025

A crypto whale has expanded an existing 40x leverage long Bitcoin bet to $1.1 billion on the decentralized exchange Hyperliquid, which has stunned the crypto community and is believed to be the first-ever position exceeding…

3
Cryptocurrency

Feds charge Amalgam founder with stealing $1M via ‘sham’ blockchain

May 22, 2025

A US grand jury has indicted the founder of blockchain startup Amalgam Capital Ventures over allegations he defrauded investors out of over $1 million with a fake blockchain.Jeremy Jordan-Jones was arrested and indicted on May…

4
Cryptocurrency

Pakistan creates Digital Asset Authority to regulate crypto

May 22, 2025

Pakistan’s Ministry of Finance has reportedly endorsed the creation of a dedicated body to regulate blockchain-based financial infrastructure in the country.The Pakistan Digital Assets Authority (PDAA) will serve as a regulatory body to oversee licensing,…

Economy

Economy

Nike to resume selling directly on Amazon for first time since 2019

May 22, 2025
Economy

Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue

May 22, 2025
Economy

Why OpenAI’s deal with iPhone designer Jony Ive should be a wake-up call for Apple

May 22, 2025
Economy

The Republican spending bill is sending yields soaring and creating a major market headache

May 22, 2025
Economy

Trump tax bill heads to the House floor for a vote after last-minute changes

May 22, 2025
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