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Category: Economy

Supreme Court pauses order that Trump administration must pay full SNAP benefits
Economy

Supreme Court pauses order that Trump administration must pay full SNAP benefits

November 8, 2025

The Trump administration tried not to pay for any food stamps in November because of the government shutdown. It now…

Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags
Economy

Younger consumers are eating less Chipotle and Cava. They are buying more Coach bags

November 6, 2025

The split in company results indicates consumers are splurging in some areas, as they save in others. ...

Job cuts in October hit highest level for the month in 22 years, Challenger says
Economy

Job cuts in October hit highest level for the month in 22 years, Challenger says

November 6, 2025

Job cuts for October totaled 153,074, a 183% surge from September. ...

OpenAI CFO Sarah Friar says company isn’t seeking government backstop, clarifying prior comment
Economy

OpenAI CFO Sarah Friar says company isn’t seeking government backstop, clarifying prior comment

November 6, 2025

OpenAI CFO Sarah Friar said in a LinkedIn post that the artificial intelligence company is not seeking a government backstop…

Target’s sloppier stores are wearing on shoppers, and its turnaround could hinge on cleaning them up
Economy

Target’s sloppier stores are wearing on shoppers, and its turnaround could hinge on cleaning them up

November 6, 2025

The big-box retailer, which has long relied on stores as fulfillment hubs, is tweaking its approach to try to improve…

FAA announces flight reductions at 40 airports. Here’s what travelers need to know
Economy

FAA announces flight reductions at 40 airports. Here’s what travelers need to know

November 6, 2025

The Federal Aviation Administration announced a reduction across 40 airports beginning Friday. Here's what travelers need to know. ...

Economy

Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups

November 5, 2025

Nvidia will help train and mentor emerging deep tech startups in India as a founding member of a $2 billion…

Democratic candidate Mikie Sherrill wins New Jersey governor’s race, NBC News projects
Economy

Democratic candidate Mikie Sherrill wins New Jersey governor’s race, NBC News projects

November 5, 2025

The New Jersey governor race took place amid a government shutdown, a decline in approval for President Donald Trump and…

SoftBank market cap drops by about $32 billion as Asian AI stocks slide on valuation jitters
Economy

SoftBank market cap drops by about $32 billion as Asian AI stocks slide on valuation jitters

November 5, 2025

The frenzy around AI has sparked concerns that markets could be in the midst of a tech bubble. ...

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Crypto World

1
Cryptocurrency

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

December 19, 2025

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed…

2
Cryptocurrency

Blockchain Association says no to expanding stablecoin yield prohibition

December 19, 2025

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and…

3
Cryptocurrency

Pro-crypto US Senator Lummis won’t seek reelection in 2026

December 19, 2025

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would…

4
Cryptocurrency

SEC confirms years-long director bans for former Alameda, FTX executives

December 19, 2025

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice,…

Economy

Economy

Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

December 19, 2025
Economy

Musk’s $56 billion Tesla pay package must be restored as court rules cancellation was too extreme

December 19, 2025
Economy

NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

December 19, 2025
Economy

Epstein files released by DOJ

December 19, 2025
Economy

Nine of the largest pharma companies ink deals with Trump to lower drug prices

December 19, 2025
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