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Category: Economy

Intel spins out AI robotics company RealSense with $50 million raise
Economy

Intel spins out AI robotics company RealSense with $50 million raise

July 11, 2025

Tech companies like Tesla and Amazon have bet big on robotics technology and automation. ...

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street
Economy

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street

July 11, 2025

The arrival of agentic AI at Goldman Sachs, in which programs don't just help with tasks but execute complex jobs,…

Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates
Economy

Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates

July 11, 2025

U.S. President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, over the country's alleged role in…

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates
Economy

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates

July 10, 2025

AWS is trying to address the need for more data center cooling by developing its own hardware. ...

Economy

Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

July 10, 2025

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto's price into…

Linda Yaccarino steps down as CEO of Elon Musk’s X
Economy

Linda Yaccarino steps down as CEO of Elon Musk’s X

July 10, 2025

Yaccarino's departure comes one day after Musk's artificial intelligence chatbot Grok repeatedly made antisemitic comments. ...

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero
Economy

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero

July 10, 2025

The standalone cereal business WK Kellogg began trading in 2023. ...

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva
Economy

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva

July 10, 2025

President Donald Trump said the United States will impose a 50% tariff on imports from Brazil. ...

Trump announces steep tariffs on 14 countries starting Aug. 1
Economy

Trump announces steep tariffs on 14 countries starting Aug. 1

July 8, 2025

President Donald Trump, in social media posts, shared screenshots of signed form letters dictating new tariff rates to the leaders…

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Crypto World

1
Cryptocurrency

US lender Newrez to accept crypto holdings in mortgage approval

January 16, 2026

Newrez plans to treat eligible cryptocurrency holdings as qualifying assets in its mortgage underwriting process, a move that could broaden access to home loans for crypto holders.The change is expected to take effect in February…

2
Cryptocurrency

Goldman Sachs CEO says CLARITY Act ‘has a long way to go‘

January 16, 2026

David Solomon, CEO of banking giant Goldman Sachs, has weighed in on the pending digital asset market structure legislation, action on which was recently postponed by the US Senate Banking Committee.In a Thursday earnings call…

3
Cryptocurrency

Crypto’s bank-like turn puts JPMorgan on edge

January 16, 2026

A sharp fault line is forming across the digital asset industry between crypto products that increasingly resemble regulated financial institutions and a traditional banking sector warning that some of those innovations may be going too…

4
Cryptocurrency

Sygnum sees tokenization and state Bitcoin reserves taking off in 2026

January 15, 2026

US regulatory developments may unlock a new phase of blockchain adoption in 2026, including sovereign Bitcoin reserves and a broader shift by banks toward tokenized financial infrastructure, according to a report by crypto banking group…

Economy

Economy

OpenAI has committed billions to recent chip deals. Some big names have been left out

January 16, 2026
Economy

Trump floats new tariffs in push to acquire Greenland

January 16, 2026
Economy

Hassett pivots to possible ‘Trump cards’ amid credit card interest rate battle with banks

January 16, 2026
Economy

Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran

January 15, 2026
Economy

TSMC delivers another record quarter as profit jumps 35% fueled by robust AI chip demand

January 15, 2026
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