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Category: Economy

Marvell to acquire Celestial AI for as much as $5.5 billion
Economy

Marvell to acquire Celestial AI for as much as $5.5 billion

December 3, 2025

The deal is an aggressive move for Marvell to acquire complimentary technology to its semiconductor networking business. ...

Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says
Economy

Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says

December 3, 2025

Shoppers said they were motivated by sales and promotions, such as limited-time offers, according to the trade group's annual survey.…

SoftBank soars 8% as Japanese tech stocks track Wall Street peers
Economy

SoftBank soars 8% as Japanese tech stocks track Wall Street peers

December 3, 2025

Bitcoin climbed over 7% to cross the $90,000 mark after a sharp sell-off a day earlier. ...

Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT
Economy

Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT

December 3, 2025

Anthropic, the AI startup behind the popular Claude chatbot, is reportedly in talks to launch one of the largest initial…

Delayed tariff impact starting to hit, could cause companies to reduce head count in 2026
Economy

Delayed tariff impact starting to hit, could cause companies to reduce head count in 2026

December 3, 2025

President Trump's tariffs, aimed at reshoring American jobs lost to overseas manufacturing, could end up lowering head count instead ...

Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership
Economy

Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership

December 1, 2025

The two companies are partnering to accelerate computing and AI engineering solutions. ...

Shopify outage: Shopping platform goes down for some users during Cyber Monday
Economy

Shopify outage: Shopping platform goes down for some users during Cyber Monday

December 1, 2025

Select merchants were unable to log in to Shopify, while others couldn't access their point-of-sale systems, the company said. ...

Eli Lilly cuts cash prices of Zepbound weight loss drug vials on direct-to-consumer site
Economy

Eli Lilly cuts cash prices of Zepbound weight loss drug vials on direct-to-consumer site

December 1, 2025

The announcement comes weeks after President Donald Trump inked deals with Eli Lilly and Novo Nordisk to make their GLP-1…

Economy

Bitcoin, ether fall sharply as crypto sell-off resumes

December 1, 2025

Bitcoin and ether saw heavy selling at the start of a new month, resuming the recent turbulence in digital assets.…

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Crypto World

1
Cryptocurrency

Proposed bill seeks to ban US president, Congress from prediction markets

March 26, 2026

US lawmakers have introduced a bill aiming to ban members of the US Congress, the president and other high-ranking government officials from wagering on prediction markets.The proposed bill, a bipartisan effort from US Representative Adrian…

2
Cryptocurrency

Coinbase opposes latest crypto bill stablecoin compromise: Report

March 26, 2026

Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill.Coinbase representatives told Senate lawmakers in a meeting Monday that they…

3
Cryptocurrency

UK pushes ahead with temporary ban on political crypto donations

March 26, 2026

The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians.Cointelegraph reported on Wednesday that the Rycroft Review, an independent inquiry…

4
Cryptocurrency

Lombard taps Bitwise to offer Bitcoin yield and lending to institutional custody

March 24, 2026

Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds of…

Economy

Economy

Republicans balk at Senate Democrats’ DHS shutdown counteroffer

March 26, 2026
Economy

Trump says Justices Barrett, Gorsuch ‘sicken me’ after Supreme Court tariff ruling

March 26, 2026
Economy

Iran has no intention to hold talks with U.S; foreign minister says Trump proposal to end war being reviewed

March 26, 2026
Economy

World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC

March 24, 2026
Economy

Kuwait says Strait of Hormuz closure is beyond catastrophic, will trigger domino effect across global economy

March 24, 2026
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