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Category: Economy

Exclusive: Nvidia buying AI chip startup Groq’s assets for about $20 billion in its largest deal on record
Economy

Exclusive: Nvidia buying AI chip startup Groq’s assets for about $20 billion in its largest deal on record

December 25, 2025

Nvidia is making its largest purchase ever, acquiring assets from nine-year-old chip startup Groq for about $20 billion. ...

Asia markets mixed in Christmas Eve trading; gold crosses $4,500 for the first time
Economy

Asia markets mixed in Christmas Eve trading; gold crosses $4,500 for the first time

December 24, 2025

Asia-Pacific markets traded mixed Wednesday as several indexes are set to close early in lieu of the Christmas Eve holiday.…

Epstein files: Latest batch from DOJ includes a personal letter, emails and heavily redacted documents
Economy

Epstein files: Latest batch from DOJ includes a personal letter, emails and heavily redacted documents

December 24, 2025

The release comes amid intense scrutiny from congressional lawmakers and victims over the DOJ's handling of the Epstein files. ...

Trump administration to start seizing pay of defaulted student loan borrowers in January
Economy

Trump administration to start seizing pay of defaulted student loan borrowers in January

December 24, 2025

The Trump administration will start garnishing the wages of student loan borrowers in default in early January. ...

Citadel to return $5 billion in profit to investors, source says
Economy

Citadel to return $5 billion in profit to investors, source says

December 24, 2025

The firm's flagship multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said. ...

Fed chair candidate Hassett says U.S. is way behind the curve on lowering interest rates
Economy

Fed chair candidate Hassett says U.S. is way behind the curve on lowering interest rates

December 24, 2025

Hassett said the artificial intelligence boom is boosting economic growth while simultaneously putting downward pressure on inflation. ...

Paramount guarantees Larry Ellison backing in amended WBD bid
Economy

Paramount guarantees Larry Ellison backing in amended WBD bid

December 22, 2025

Paramount notably did not increase its bid on Monday, reiterating that it believes the deal is superior to Netflix's. ...

The NBA is pursuing ownership groups for a potential basketball league in Europe
Economy

The NBA is pursuing ownership groups for a potential basketball league in Europe

December 22, 2025

The NBA is exploring the launch of a new professional men’s league in Europe in partnership with FIBA. ...

Alphabet to acquire data center and energy infrastructure company Intersect
Economy

Alphabet to acquire data center and energy infrastructure company Intersect

December 22, 2025

Alphabet said the acquisition will help bring more data center and generation capacity online faster. ...

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Crypto World

1
Cryptocurrency

Sygnum launches service targeting $100B corporate crypto treasury market

February 26, 2026

Global digital asset banking group Sygnum has announced the launch of an institutional crypto asset management service targeting the $100 billion corporate crypto treasury sector. Sygnum Select, launched on Thursday, is described as a “discretionary…

2
Cryptocurrency

Is XRP price setting up for a 20% bounce in March?

February 26, 2026

A convincing bullish reversal setup and hints of easing whale distribution may push the price of XRP up by 20% or more in March.XRP (XRP) is down more than 50% since October 2025, with five…

3
Cryptocurrency

Whale loses $8.2M trying to squeeze thin liquidity ARC market on Lighter

February 26, 2026

A big crypto trader lost $8.2 million after a leveraged bet on the ARC perpetuals market unraveled on the decentralized derivatives platform Lighter, forcing the exchange to tap its backstop liquidity and trigger auto-deleveraging to…

4
Cryptocurrency

Kraken debuts tokenized stock perpetual futures for non-US traders

February 24, 2026

Crypto exchange Kraken has launched trading of tokenized equity perpetual futures on its regulated derivatives platforms, allowing eligible non-US clients to trade 24/7 leveraged exposure to major US stock indexes, gold and individual companies including…

Economy

Economy

Salesforce shares sink on mixed guidance as company commits $50 billion for buybacks

February 26, 2026
Economy

Trump insists trade deals safe after Supreme Court ruling upends tariff authority, but partners aren’t so sure

February 26, 2026
Economy

Nvidia’s Jensen Huang says markets ‘got it wrong’ on AI threat to software companies

February 26, 2026
Economy

WBD says Paramount raised its bid to $31 per share, board will weigh offer against Netflix deal

February 24, 2026
Economy

Software stocks rebound as Anthropic announces new partnerships

February 24, 2026
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