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Category: Economy

Microsoft stock drops 7% on slowing cloud growth, light margin guidance
Economy

Microsoft stock drops 7% on slowing cloud growth, light margin guidance

January 29, 2026

Microsoft’s finances look more favorable after OpenAI completed a restructuring. But computing capacity and talent are cutting into Microsoft's margin.…

Economy

Why Nvidia’s AI boom couldn’t happen without Dutch chip equipment maker ASML

January 29, 2026

ASML is the only company in the world that makes extreme ultraviolet lithography machines, which are crucial for manufacturing advanced…

China and the UK are attempting to reset their relationship — here’s how
Economy

China and the UK are attempting to reset their relationship — here’s how

January 29, 2026

U.K. Prime Minister Sir Keir Starmer said he hopes to build "more sophisticated" ties with China as the two nations…

Economy

Dollar suffers worst one-day slide since last April after Trump says currency hasn’t fallen too low

January 28, 2026

The dollar dropped about 1.3% on Tuesday. ...

Homebuyers are backing out of deals at the fastest pace in nearly a decade
Economy

Homebuyers are backing out of deals at the fastest pace in nearly a decade

January 28, 2026

More than 16% of signed contracts on homes in December were canceled, as consumers face continued uncertainty in the economy…

The Fed releases its latest interest rate decision Wednesday. Here’s what to expect
Economy

The Fed releases its latest interest rate decision Wednesday. Here’s what to expect

January 28, 2026

This week's meeting offers little suspense and probably not much action, even as massive changes loom over the Fed's longer-term…

Trump sends Tom Homan to Minnesota to manage ICE after Alex Pretti killing
Economy

Trump sends Tom Homan to Minnesota to manage ICE after Alex Pretti killing

January 26, 2026

The killing of ICU nurse Alex Pretti by federal agents in Minneapolis, like the fatal shooting of Renee Good by…

CoreWeave stock jumps 12% as Nvidia invests $2 billion to expand AI data center capacity
Economy

CoreWeave stock jumps 12% as Nvidia invests $2 billion to expand AI data center capacity

January 26, 2026

Nvidia purchased CoreWeave Class A common stock at $87.20 per share. ...

Alex Pretti killing: Minnesota CEOs, including UnitedHealth, Target, call for ‘immediate deescalation’
Economy

Alex Pretti killing: Minnesota CEOs, including UnitedHealth, Target, call for ‘immediate deescalation’

January 26, 2026

The Trump administration has surged federal law enforcement to the city to enforce its immigration crackdown and pursue allegations of…

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Crypto World

1
Cryptocurrency

Visa unveils commerce platform enabling autonomous AI shopping

April 9, 2026

Credit card giant Visa has ventured further into the agentic AI payments race, announcing a new platform on Wednesday to help businesses participate in AI-driven commerce.In a statement on Wednesday, Visa described Intelligent Commerce Connect…

2
Cryptocurrency

Fed minutes open door to further rate cuts amid Iran war

April 9, 2026

US Federal Reserve members were split on whether the war in the Middle East could spur further interest rate cuts before the end of 2026, according to the latest Federal Open Market Committee (FOMC) meeting…

3
Cryptocurrency

Chainalysis claims stablecoin volumes could hit over a quadrillion by 2035

April 9, 2026

Blockchain analysis firm Chainalysis estimates that stablecoin volumes could hit a lofty $1.5 quadrillion within the next decade, beating the total volume of global cross-border payments today. In a report on Wednesday, the Chainalysis team said…

4
Cryptocurrency

Split Capital winds down as founder joins stablecoin startup Plasma

April 7, 2026

Split Capital, a digital asset hedge fund founded by investor Zaheer Ebtikar, is shutting down, with the founder joining Peter Thiel-backed stablecoin startup Plasma.Ebtikar announced the news in an X post on Tuesday, saying Split…

Economy

Economy

TSMC posts 35% jump in revenue to new record high as AI chip demand stays strong

April 10, 2026
Economy

Powell, Bessent discussed Anthropic’s Mythos AI cyber threat with major U.S. banks

April 10, 2026
Economy

Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict

April 10, 2026
Economy

Trump warns U.S. military will stay near Iran until ‘real agreement’ is honored

April 9, 2026
Economy

U.S. has violated ceasefire agreement, Iran parliamentary speaker says

April 9, 2026
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