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Category: Economy

Intel CEO Pat Gelsinger ousted by board after disastrous performance
Economy

Intel CEO Pat Gelsinger ousted by board after disastrous performance

December 2, 2024

Intel announced Monday that CEO Pat Gelsinger has retired from the company, effective Dec. 1. ...

Fed Governor Waller says he is ‘leaning toward’ a December rate cut, but worries about inflation
Economy

Fed Governor Waller says he is ‘leaning toward’ a December rate cut, but worries about inflation

December 2, 2024

Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling." ...

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Economy

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

December 2, 2024

Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.…

Art Cashin, New York Stock Exchange fixture for decades, dies at age 83
Economy

Art Cashin, New York Stock Exchange fixture for decades, dies at age 83

December 2, 2024

Art Cashin was UBS' director of floor operations at the NYSE and a man The Washington Post called "Wall Street's…

Economy

‘Small caps are going to become more in favor in 2025′: VettaFi’s research head doubles down on winning group

December 1, 2024

Small caps just had their first historic week in three years, and one ETF expert predicts the group's record highs…

Top Wall Street analysts pick 3 stocks for their attractive prospects
Economy

Top Wall Street analysts pick 3 stocks for their attractive prospects

December 1, 2024

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including ServiceNow and Snowflake. ...

In the new space race, hackers are hitching a ride into orbit
Economy

In the new space race, hackers are hitching a ride into orbit

December 1, 2024

As space exploration rapidly evolves, so do the cybersecurity threats facing spacecraft, satellites, and space-based systems. ...

For big-box retailers, one of the longest-running experiments is shrinking
Economy

For big-box retailers, one of the longest-running experiments is shrinking

December 1, 2024

Ikea is the latest big-box retailer to experiment with a smaller-is-better retail store strategy. ...

Elon Musk asks court to block OpenAI from converting to a for-profit
Economy

Elon Musk asks court to block OpenAI from converting to a for-profit

December 1, 2024

Elon Musk seeks to block OpenAI from changing its business structure, and discouraging deals to back competitors like xAI. ...

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Crypto World

1
Cryptocurrency

G7 summit could discuss North Korea’s crypto hacks: Report

May 8, 2025

Group of Seven (G7) leaders could discuss North Korea’s escalating cyberattacks and crypto thefts at an upcoming summit in Canada, mid-next month.Conflicts in Ukraine and Gaza will dominate discussions, but North Korea’s increasing cyber threats…

2
Cryptocurrency

US banks can handle customer crypto assets held in custody, regulator confirms

May 8, 2025

The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said…

3
Cryptocurrency

Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm

May 8, 2025

David Bailey, CEO of crypto media company BTC Inc. and a close adviser to US President Donald Trump on digital assets, has reportedly raised $300 million to launch a new Bitcoin investment firm.The venture, named…

4
Cryptocurrency

60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked

May 8, 2025

Almost 60,000 Bitcoin addresses tied to LockBit’s ransomware infrastructure were leaked after hackers breached the group’s dark web affiliate panel. The leak included a MySQL database dump shared publicly online. It contained crypto-related information that could…

Economy

Economy

Apple says Epic Games contempt ruling could cost ‘substantial sums’

May 8, 2025
Economy

Trump crypto advisor David Bailey launching $300 million bitcoin investment company

May 8, 2025
Economy

UK set to become the first country to sign a trade deal with U.S., The New York Times reports

May 8, 2025
Economy

Trump digs in on high China tariffs ahead of trade talks

May 8, 2025
Economy

Fed holds rates steady as it notes rising uncertainty and stagflation risk

May 8, 2025
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