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Category: Economy

Economy

FCC chair says U.S. will defend interests of its tech giants as European rules stoke tension

March 3, 2025

Federal Communications Commission Chairman Brendan Carr on Monday vowed to defend the interests of America's technology companies against "excessive" European…

Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares
Economy

Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares

March 3, 2025

The deal is also the latest in a string of private companies letting employees cash out shares and lowering the…

Economy

Bitcoin jumps nearly $14,000 in three days on Trump’s crypto reserve announcement

March 3, 2025

Cryptocurrencies rallied over the weekend after President Donald Trump teased new details about the highly anticipated strategic bitcoin reserve. ...

Former New York Gov. Andrew Cuomo launches campaign for NYC mayor in bid to oust Eric Adams
Economy

Former New York Gov. Andrew Cuomo launches campaign for NYC mayor in bid to oust Eric Adams

March 2, 2025

Cuomo, who left his previous post because of a damning sexual harassment scandal, announced his candidacy on Saturday against fellow Democrat…

Social Security has never missed a payment. DOGE actions threaten ‘interruption of benefits,’ ex-agency head says
Economy

Social Security has never missed a payment. DOGE actions threaten ‘interruption of benefits,’ ex-agency head says

March 2, 2025

New changes at the U.S. Social Security Administration may put its ability to deliver monthly benefit checks at risk, former…

Another ‘near miss’: Citigroup mistakenly credited a customer account with $81 trillion
Economy

Another ‘near miss’: Citigroup mistakenly credited a customer account with $81 trillion

March 2, 2025

Citigroup mistakenly credit a customer's account with $81 trillion last year when it meant to send just $280. ...

Microsoft resolves global outage that left tens of thousands unable to access email and other apps
Economy

Microsoft resolves global outage that left tens of thousands unable to access email and other apps

March 2, 2025

Microsoft said service was restored following an outage that left tens of thousands of users unable to access their Outlook…

Trump objected to Zelenskyy’s tone and body language in Oval Office clash, White House says
Economy

Trump objected to Zelenskyy’s tone and body language in Oval Office clash, White House says

March 2, 2025

Zelenskyy challenged the idea that Ukraine can rely on diplomatic guarantees by Russia, whose leader Vladimir Putin launched the war…

Block’s 30% plunge in February leads fintech selloff, while Stripe shows benefit of staying private
Economy

Block’s 30% plunge in February leads fintech selloff, while Stripe shows benefit of staying private

February 28, 2025

Fintech stocks plummeted in February, paced by Block's drop, but Stripe's valuation soared to a near-record high in the private…

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Crypto World

2
Cryptocurrency

AI's GPU obsession blinds us to a cheaper, smarter solution

May 9, 2025

Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense…

3
Cryptocurrency

Chance of Bitcoin price highs above $110K in May increasing — Here’s why

May 9, 2025

Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering…

4
Cryptocurrency

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

May 9, 2025

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on…

1
Cryptocurrency

Is Bitcoin about to go parabolic? BTC price targets include $160K next

May 9, 2025

Key points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest…

2
Cryptocurrency

AI's GPU obsession blinds us to a cheaper, smarter solution

May 9, 2025

Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense…

3
Cryptocurrency

Chance of Bitcoin price highs above $110K in May increasing — Here’s why

May 9, 2025

Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering…

4
Cryptocurrency

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

May 9, 2025

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on…

1
Cryptocurrency

Is Bitcoin about to go parabolic? BTC price targets include $160K next

May 9, 2025

Key points:Bitcoin continues to attack a key resistance zone below all-time highs.“Parabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest…

2
Cryptocurrency

AI's GPU obsession blinds us to a cheaper, smarter solution

May 9, 2025

Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense…

3
Cryptocurrency

Chance of Bitcoin price highs above $110K in May increasing — Here’s why

May 9, 2025

Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering…

4
Cryptocurrency

Galaxy Digital approved for US domicile, clearing way for Nasdaq listing

May 9, 2025

Galaxy Digital has been approved by the US Securities and Exchange Commission (SEC) to redomicile in the United States, setting the stage for the crypto investment company’s listing on the Nasdaq stock exchange.Galaxy anticipates listing on…

Economy

Economy

Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer

May 9, 2025
Economy

Trump backs tax hike on the rich, but says GOP ‘probably’ shouldn’t do it

May 9, 2025
Economy

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

May 9, 2025
Economy

Cargo thieves are attacking the U.S. supply chain at alarming rates

May 9, 2025
Economy

Trump suggests cutting China tariff rate to still-high 80% ahead of Switzerland talks

May 9, 2025
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