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Category: Economy

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. ...

Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount
Economy

Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount

November 5, 2025

Novo Nordisk is currently locked in a bidding war with Pfizer for U.S. biotech firm Metsera. ...

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…

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Crypto World

SoftSwiss 1
Cryptocurrency

RevDuck’s “Jewels Scam”: How Lyntec on Great Portland Street Powers an Affilka-Backed Illegal Casino Network

February 9, 2026

Source: FinTelegram A coordinated “Jewels” operation involving Ukrainian nationals, London-based shell companies, and the SoftSwiss-powered RevDuck network has been unmasked. New evidence reveals how Lyntec Limited acts as a financial front for illegal fiat deposits,…

2
Cryptocurrency

Canton’s Yuval Rooz says crypto is finally repricing ‘empty shell’ models

February 9, 2026

The cryptocurrency market sell‑off is forcing a reckoning in the industry to reward blockchains with real business models, where value flows to token holders and users rather than intermediaries or speculative order flow, according to…

3
Cryptocurrency

Saylor’s Strategy buys $90M in Bitcoin as price trades below cost basis

February 9, 2026

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, added another tranche of BTC last week, expanding its holdings without pushing its overall cost basis lower.Strategy acquired 1,142 Bitcoin (BTC) for $90 million last…

4
Cryptocurrency

Bitcoin miner Cango sells $305M BTC to cut leverage and fund AI pivot

February 9, 2026

Bitcoin miner Cango has sold 4,451 Bitcoin on the open market, generating net proceeds of about $305 million it says were used to partially repay a Bitcoin‑collateralized loan and to strengthen its balance sheet. The company…

Economy

Economy

Epstein files: Congressional lawmakers call for Trump Commerce chief Lutnick to resign, or be fired

February 9, 2026
Economy

Cuba says international airlines can no longer refuel there as Trump turns up the pressure

February 9, 2026
Economy

Novo Nordisk sues Hims & Hers over cheaper copycat versions of Wegovy pill, injections

February 9, 2026
Economy

Trump administration equity stakes pose risks to U.S. companies and markets

February 8, 2026
Economy

Hims & Hers pulls copycat weight-loss pill after threats of legal action

February 8, 2026
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