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Category: Economy

Trump says Elon Musk will face ‘serious consequences’ if he backs Democratic candidates
Economy

Trump says Elon Musk will face ‘serious consequences’ if he backs Democratic candidates

June 7, 2025

President Donald Trump also said that he thinks his relationship with Elon Musk is done after their public feud erupted…

Elon Musk says SpaceX will decommission Dragon spacecraft after Trump threat — or not
Economy

Elon Musk says SpaceX will decommission Dragon spacecraft after Trump threat — or not

June 6, 2025

SpaceX's Dragon is the only U.S. option for delivering crew to and from the International Space Station. ...

Tesla climbs in premarket trading as stock reels from Trump-Musk drama
Economy

Tesla climbs in premarket trading as stock reels from Trump-Musk drama

June 6, 2025

The electric vehicle maker lost $152 billion in market cap Thursday as traders reacted to a public feud between Elon…

Musk vs. Trump drama dominated in DC, but Germany’s Merz quietly walked away with a win
Economy

Musk vs. Trump drama dominated in DC, but Germany’s Merz quietly walked away with a win

June 6, 2025

German Chancellor Friedrich Merz had a full agenda as he met with U.S. President Donald Trump. ...

Trump ‘not interested’ in call with Musk, White House official says
Economy

Trump ‘not interested’ in call with Musk, White House official says

June 6, 2025

Tesla CEO Elon Musk and President Trump launched a war of words at each other Thursday over Musk's criticism of…

U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Economy

U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%

June 6, 2025

Nonfarm payrolls were expected to increase 125,000 in May while the unemployment rate stayed at 4.2%. ...

Fed ‘Beige Book’ economic report cites declining growth, rising prices and slow hiring
Economy

Fed ‘Beige Book’ economic report cites declining growth, rising prices and slow hiring

June 5, 2025

The report noted that "economic activity has declined slightly since the previous report" released April 23. ...

Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report
Economy

Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report

June 5, 2025

Trump has branded Powell with the nickname "Too Late" as a criticism of the Fed Chair's continuing decision to hold…

After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Economy

After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’

June 5, 2025

Shift4 founder Jared Isaacman, who had been President Trump's pick to run NASA, told investors in a letter on Wednesday…

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Crypto World

1
Cryptocurrency

Bitcoin OG’s selling to ‘weak’ hands will deepen selloffs: Peter Schiff

November 23, 2025

The transfer of Bitcoin (BTC) from long-term holders, also known as “OGs,” to “weak” hands will cause future drawdowns to be more severe, according to gold investor and economist Peter Schiff.Bitcoin is “finally having its…

2
Cryptocurrency

BlackRock’s Bitcoin clients aren’t ‘underwriting’ the case for global payments

November 23, 2025

BlackRock’s head of digital assets, Robbie Mitchnick, said that most of the world’s largest asset managers’ clients aren’t considering Bitcoin’s use for daily payments when deciding whether to invest in the asset.“I think for us,…

3
Cryptocurrency

Crypto conditions signal unlikely chance of ‘major capitulation’: Lyn Alden

November 23, 2025

A significant crash for Bitcoin and the broader crypto market doesn’t look likely at this stage, according to macroeconomist Lyn Alden.“We haven’t hit euphoric levels in this cycle; therefore, there is less of a reason…

4
Cryptocurrency

Bitcoin ATM firm explores $100M sale following CEO’s federal indictment

November 23, 2025

Crypto Dispensers, a Chicago-based operator of Bitcoin ATMs, is considering a potential $100 million sale as its founder faces federal money laundering charges. In a Friday press release, the company announced that it has hired…

Economy

Economy

This week in AI: Brushing off new bubble warnings, Google’s AI comeback and Nvidia’s China threat

November 23, 2025
Economy

Trump on Marjorie Taylor Greene’s resignation: She ‘went BAD’

November 23, 2025
Economy

Global week ahead: Which tail is wagging the market dog?

November 23, 2025
Economy

Does Berkshire’s big tech bet signal a new risk tolerance in Omaha

November 23, 2025
Economy

Texas data center expansion raises blackout risk during extreme winter weather

November 23, 2025
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