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Category: Economy

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy
Economy

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy

November 2, 2025

In August, Evolve hired Hartheimer, who brought experience in financial regulatory matters, to help the bank recover from the collapse…

Economy

Global week ahead: Is Novo Nordisk past ‘peak uncertainty’?

November 2, 2025

CNBC's Charlotte Reed will travel to Copenhagen to speak with Novo Nordisk's new CEO after a bumpy few months. ...

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says
Economy

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says

November 2, 2025

The company wants to ensure that all of its employees can access its Microsoft 365 and GitHub Copilot artificial intelligence…

While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth
Economy

While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth

November 2, 2025

Meta, Amazon, Alphabet and Microsoft reported quarterly earnings that showed rising digital ad sales and increased AI infrastructure spending. ...

Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts
Economy

Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts

November 1, 2025

Impacts have been muted so far as companies built up inventories ahead of the duties and have absorbed some of…

Musk teases Tesla Roadster demo by year-end. He’s been hyping a new one since 2017
Economy

Musk teases Tesla Roadster demo by year-end. He’s been hyping a new one since 2017

November 1, 2025

Tesla's Elon Musk told Joe Rogan that his company is aiming to develop a redesigned version of the Roadster before…

Treasury Department announces new Series I bond rate of 4.03% for the next six months
Economy

Treasury Department announces new Series I bond rate of 4.03% for the next six months

November 1, 2025

The U.S. Department of the Treasury has announced new Series I bond rates through April 2026. ...

Millions face ‘huge sticker shock’ when ACA open enrollment starts Nov. 1
Economy

Millions face ‘huge sticker shock’ when ACA open enrollment starts Nov. 1

November 1, 2025

Millions of households logging on to enroll in a health plan via the Affordable Care Act marketplace will see much…

Trump administration must pay SNAP benefits despite government shutdown, judge rules
Economy

Trump administration must pay SNAP benefits despite government shutdown, judge rules

November 1, 2025

The Justice Department argued that the food stamp program, which feeds more than 40 million Americans, effectively did not exist…

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Crypto World

1
Cryptocurrency

Crypto funds add $1B as three-week inflow streak continues

March 16, 2026

Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a relative safe-haven asset.Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week,…

2
Cryptocurrency

South Korea’s Hana Financial partners with Standard Chartered on digital assets

March 16, 2026

Hana Financial Group, one of South Korea’s largest financial conglomerates, has partnered with Standard Chartered on finance and digital assets.On Sunday, Hana Financial said it signed a business agreement with the United Kingdom’s Standard Chartered…

3
Cryptocurrency

Strategy buys $1.6B in Bitcoin as holdings surpass 761,000 BTC

March 16, 2026

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued aggressively stacking Bitcoin last week, bringing the company’s total reserves to above 760,000 BTC.Strategy acquired 22,337 Bitcoin (BTC) for $1.57 billion last week, according…

4
Cryptocurrency

Former UK Prime Minister Boris Johnson calls Bitcoin a ‘Ponzi scheme’

March 15, 2026

Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history.Johnson wrote…

Economy

Economy

Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending

March 16, 2026
Economy

‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls

March 16, 2026
Economy

Brent crude holds above $100 as Trump says U.S. may hit Iran’s oil hub again ‘just for fun’

March 16, 2026
Economy

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

March 15, 2026
Economy

Iran threatens to retaliate against neighbors; Trump urges countries to assist in securing Strait of Hormuz

March 15, 2026
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