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Category: Economy

Economy

Novo Nordisk shares plunge 20% after Wegovy maker names new CEO, cuts full-year guidance

July 29, 2025

Danish pharmaceutical giant Novo Nordisk on Tuesday named its new CEO and cut its full-year sales and profit guidance. ...

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator
Economy

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator

July 28, 2025

A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of Trump's new trade…

Economy

‘He’s showing up.’ Things are getting better at Boeing under CEO Ortberg. Can he keep it going?

July 28, 2025

Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago when it reports earnings…

Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms
Economy

Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms

July 28, 2025

The lawmaker's comments underscore the divisions within the Republican Party over the files relating to Jeffrey Epstein. ...

Trump announces EU trade deal with 15% tariffs
Economy

Trump announces EU trade deal with 15% tariffs

July 28, 2025

President Donald Trump and European Commission President Ursula von der Leyen met for a pivotal discussion before Trump's Aug 1.…

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung
Economy

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung

July 28, 2025

Samsung Electronics shares opened 3.5% higher after the company disclosed the contract to supply semiconductors to a major global corporation.…

Tesla investors are growing wary of Elon Musk’s futuristic promises
Economy

Tesla investors are growing wary of Elon Musk’s futuristic promises

July 26, 2025

Tesla shares plummeted as CEO Elon Musk's promises for robotaxis failed to excite investors following another disappointing earnings report. ...

Trump’s trade deals and tariffs are on the chopping block in court. What happens next
Economy

Trump’s trade deals and tariffs are on the chopping block in court. What happens next

July 26, 2025

Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused "reciprocal" tariffs are…

China releases AI action plan days after the U.S. as global tech race heats up
Economy

China releases AI action plan days after the U.S. as global tech race heats up

July 26, 2025

China on Saturday released a global action plan for artificial intelligence that called for international cooperation on tech development and…

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Crypto World

1
Cryptocurrency

X exec Nikita Bier says in-app trading coming in a ‘couple’ of weeks

February 15, 2026

The upcoming Smart Cashtags feature on the X social media platform will allow users to trade stocks and crypto directly within the application, according to Nikita Bier, X’s head of product.“We are launching a number…

2
Cryptocurrency

Prediction markets should become hedging platforms, says Buterin

February 15, 2026

Ethereum co-founder Vitalik Buterin said he is starting to “worry” about the direction of prediction markets and suggested that they shift to become marketplaces to hedge against price exposure risk for consumers. Prediction markets are…

3
Cryptocurrency

Roundhill’s election event contract ETFs ‘potentially groundbreaking’

February 15, 2026

US-based ETF issuer Roundhill Investments has filed with the US securities regulator to launch six exchange-traded funds (ETFs) tied to event contracts on the outcome of the 2028 US presidential election.ETF analyst Eric Balchunas said…

4
Cryptocurrency

Bitcoin $72K target possible if V-shaped recovery pattern completes

February 13, 2026

Bitcoin (BTC) charged above $69,000 on Friday as US CPI data showed cooling inflation, leading traders to hope for a short-term BTC price recovery.Key takeaways:Traders favor a short-term BTC price relief rally, but bulls must…

Economy

Economy

What’s next for Cuba Trump turns the screws as the island runs out of jet fuel

February 15, 2026
Economy

Trump says he will issue executive order to get voter-ID requirements before midterms

February 15, 2026
Economy

U.S. and European interests are ‘intertwined,’ Secretary of State Rubio says

February 15, 2026
Economy

AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says

February 13, 2026
Economy

Venezuela oil sales top $1 billion, funds won’t go to Qatar account anymore, Energy secretary says

February 13, 2026
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