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Category: Economy

Trump disputes WSJ report on Bessent talking him out of firing Powell
Economy

Trump disputes WSJ report on Bessent talking him out of firing Powell

July 21, 2025

Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not…

‘30% is untenable’: From Irish whiskey to Italian cheese, Trump’s tariff threat rattles EU exporters
Economy

‘30% is untenable’: From Irish whiskey to Italian cheese, Trump’s tariff threat rattles EU exporters

July 19, 2025

"At that 30% level ... it will be a lose-lose situation," one distillery boss told CNBC. ...

Trump sues Murdoch for $10 billion over WSJ story on Epstein birthday letter
Economy

Trump sues Murdoch for $10 billion over WSJ story on Epstein birthday letter

July 19, 2025

President Trump is under increasing pressure to have the Justice Department release files about the late pedophile Jeffrey Epstein. ...

Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares
Economy

Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares

July 19, 2025

It comes as part of a pre-planned arrangement on the heels of surging AI demand ...

Trump says releasing Epstein files wouldn’t satisfy ‘troublemakers,’ as pressure mounts
Economy

Trump says releasing Epstein files wouldn’t satisfy ‘troublemakers,’ as pressure mounts

July 19, 2025

Trump's post comes after the Justice Department asked federal judges to unseal the grand jury testimonies in the criminal case…

Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell
Economy

Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell

July 19, 2025

The tempestuous situation poses myriad thorny questions for which there are no easy answers. ...

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction’
Economy

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction’

July 18, 2025

Abbott Laboratories CEO Robert Ford unpacked his company's latest quarterly report in a Thursday interview with CNBC's Jim Cramer. ...

Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion
Economy

Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion

July 18, 2025

Neuralink labeled itself in April as a "small disadvantaged business" in a federal filing with the U.S. Small Business Administration.…

Fed Chair Powell responds to White House questions about HQ renovation
Economy

Fed Chair Powell responds to White House questions about HQ renovation

July 18, 2025

Federal Reserve Chairman Jerome Powell responded to OMB director Russ Vought's stern letter by pointing him to a public website…

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Crypto World

1
Cryptocurrency

Flow details December exploit that led to $3.9M in losses due to counterfeit tokens

January 7, 2026

The Flow Foundation on Tuesday published a technical post-mortem detailing a protocol-level exploit that occurred on Dec. 27, when an attacker was able to counterfeit tokens on the network, resulting in about $3.9 million in…

2
Cryptocurrency

Bitchat dev shrugs off Uganda’s threat to block app: ‘Good luck mate’

January 7, 2026

One of the developers of Jack Dorsey’s decentralized messaging app Bitchat has cast doubt on Uganda’s threat to shut down the app ahead of the country’s presidential election.On Monday, the Uganda Communications Commission executive director,…

3
Cryptocurrency

US community banks join campaign to shut a GENIUS Act ‘loophole’

January 7, 2026

A group of US community bankers is pressuring Congress to change the GENIUS Act to close a supposed “loophole” that allows yield-generating stablecoins to undercut banks.The American Bankers Association’s Community Bankers Council said in a…

4
Cryptocurrency

Bitcoin enters ‘strength’ phase, but $100K debate heats up between traders

January 5, 2026

Bitcoin (BTC) is attempting to transition into a phase of “strength” after weeks of range-trading between $90,000 and $86,000. While the technical structure has improved, BTC traders debate whether the move has momentum or risks…

Economy

Economy

Elon Musk’s xAI raises $20 billion from investors including Nvidia, Cisco, Fidelity

January 7, 2026
Economy

Berkshire Hathaway lifts new CEO Greg Abel’s salary to $25 million

January 7, 2026
Economy

Trump says Venezuela to give up to 50 million barrels of oil to U.S.

January 7, 2026
Economy

Pentagon to cut Sen. Mark Kelly’s military retirement pay over ‘seditious’ video: Hegseth

January 5, 2026
Economy

JPMorgan forms special advisory group to share some of bank’s ‘secret sauce’ with clients

January 5, 2026
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