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Category: Economy

Democrats win big on Election Night in key races
Economy

Democrats win big on Election Night in key races

November 5, 2025

President Donald Trump said that the reason that Republicans lost big was because he was not on the ballots and…

Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut
Economy

Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut

November 3, 2025

The central banker said Monday that she supported the recent interest rate reduction and indicated she would be open to…

Economy

Warren Buffett may have cut Berkshire’s stake in Apple again in the third quarter

November 3, 2025

In its latest quarterly report, Berkshire said the cost basis of its consumer products equity holdings fell by roughly $1.2…

Amazon closes at record after $38 billion OpenAI deal with AWS
Economy

Amazon closes at record after $38 billion OpenAI deal with AWS

November 3, 2025

OpenAI will immediately begin tapping Nvidia's AI processors using infrastructure from Amazon Web Services. ...

SNAP update: Trump admin will pay 50% of food stamp benefits in November amid shutdown
Economy

SNAP update: Trump admin will pay 50% of food stamp benefits in November amid shutdown

November 3, 2025

The agreement to use contingency funds to pay for food stamp benefits came after a judge said Trump administration could…

Palantir tops estimates, boosts fourth-quarter guidance on AI adoption
Economy

Palantir tops estimates, boosts fourth-quarter guidance on AI adoption

November 3, 2025

Palantir's earnings topped third-quarter results and the company issued strong guidance, attributing much of its rapid growth to artificial intelligence.…

Economy

Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion

November 2, 2025

Berkshire's operating profit generated from the conglomerate's wholly owned businesses including insurance and railroads jumped 34% in the third quarter. ...

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy
Economy

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy

November 2, 2025

In August, Evolve hired Hartheimer, who brought experience in financial regulatory matters, to help the bank recover from the collapse…

Economy

Global week ahead: Is Novo Nordisk past ‘peak uncertainty’?

November 2, 2025

CNBC's Charlotte Reed will travel to Copenhagen to speak with Novo Nordisk's new CEO after a bumpy few months. ...

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Crypto World

1
Cryptocurrency

Bitcoin sees ‘pure manipulation’ as US sell-off liquidates $200M in an hour

December 15, 2025

Bitcoin (BTC) fell under $87,000 after Monday’s Wall Street open as sellers liquidated $200 million of BTC longs.Key points:Bitcoin falls as low as $86,625 as a round of distribution accompanies the return of Wall Street.Consensus…

2
Cryptocurrency

How Bitcoin whales move markets, and the signals to ignore

December 15, 2025

For more than a decade, Bitcoin’s largest holders have acted as the unseen forces behind many of the market’s biggest surges and deepest crashes. These so-called whales have always held outsized influence, but their behavior…

3
Cryptocurrency

Trump-backed American Bitcoin flips ProCap in corporate BTC treasury race

December 15, 2025

Bitcoin’s months-long slide hasn’t stopped corporate treasury companies from accumulating the digital asset, with the Eric Trump-backed American Bitcoin overtaking ProCap Financial, founded by entrepreneur Anthony Pompliano, in total Bitcoin holdings.American Bitcoin has added more…

4
Cryptocurrency

Digital asset ETPs post third straight week of net inflows, led by US demand

December 15, 2025

Crypto exchange-traded products (ETPs) recorded about $864 million in inflows last week, according to a report on Monday by European digital asset manager CoinShares.The United States led regional inflows with about $796 million, followed by…

Economy

Economy

Shares of Chinese chipmaker MetaX soar nearly 700% in blockbuster Shanghai debut

December 17, 2025
Economy

Tesla stock closes at record as investors rally around Musk’s robotaxi hype despite slow EV sales

December 17, 2025
Economy

Alphabet-owned Waymo in talks to raise $15 billion in funding

December 17, 2025
Economy

Robinhood is rolling out NFL parlay and prop bets on prediction markets platform

December 17, 2025
Economy

Trump designates Venezuela government a ‘terrorist’ regime, orders blockade of sanctioned oil tankers

December 17, 2025
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