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Category: Economy

EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%
Economy

EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%

May 31, 2025

President Donald Trump announced Friday that he was raising tariffs on steel imports from 25% to 50%. ...

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical
Economy

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical

May 31, 2025

Michael Saylor applauds efforts by other companies to replicate his strategy of using cash to buy bitcoin. ...

Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property
Economy

Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property

May 30, 2025

Starbase was officially formed earlier this month after Elon Musk's aerospace and defense contractor prevailed in a local election. ...

U.S. foreign tax bill sends jitters across Wall Street
Economy

U.S. foreign tax bill sends jitters across Wall Street

May 30, 2025

Trump's "One Big Beautiful Bill Act," if enshrined into law, could transform the current trade conflict into a capital war,…

Caviar and privacy: Airlines’ business-class wars are here
Economy

Caviar and privacy: Airlines’ business-class wars are here

May 30, 2025

American and United are revamping their international business class ...

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
Economy

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

May 30, 2025

The personal consumption expenditures price index was expected to show a 2.2% annual rate in April. ...

Trump accuses China of violating preliminary trade deal
Economy

Trump accuses China of violating preliminary trade deal

May 30, 2025

The U.S. and China in mid-May agreed to a 90-day suspension on most tariffs after Trump slapped sky-high tariffs on…

Nvidia CEO Jensen Huang explains why chip exports to China are strategically important
Economy

Nvidia CEO Jensen Huang explains why chip exports to China are strategically important

May 29, 2025

In a Wednesday interview with CNBC's Jim Cramer, Nvidia CEO Jensen Huang explained why he thinks it's necessary to export…

Why Salesforce’s beat-and-raise quarter isn’t quieting the stock’s doubters
Economy

Why Salesforce’s beat-and-raise quarter isn’t quieting the stock’s doubters

May 29, 2025

Wednesday's results are unlikely to placate the bears, but the counter argument is in good shape for the long term.…

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Crypto World

1
Cryptocurrency

Bitcoin miners enter ‘harshest margin environment of all time’

December 1, 2025

The Bitcoin mining industry has entered what may be its most severe economic downturn in its 15-year history, with even large publicly traded operators struggling to break even amid collapsing mining revenue and rising debt,…

2
Cryptocurrency

Republicans urge action on market structure bill over debanking claims

December 1, 2025

Republican lawmakers on the US House Financial Services Committee and House Oversight Subcommittee have released a final report on what they called “debanking of digital assets,” claiming that the previous administration was responsible for cutting…

3
Cryptocurrency

Goldman Sachs buys Innovator for $2B, adding a Bitcoin-linked ETF to lineup

December 1, 2025

Goldman Sachs has agreed to acquire Innovator Capital Management for roughly $2 billion, bringing the issuer of defined-outcome exchange-traded funds (ETFs), including a Bitcoin structured fund, under its asset management umbrella.The transaction, slated to close…

4
Cryptocurrency

Price predictions 12/1: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, BCH

December 1, 2025

Key points:Bitcoin is facing significant selling at the start of the new week, with some analysts expecting a drop as low as $50,000. Several altcoins turned down from their overhead resistance and are threatening to dip…

Economy

Economy

Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership

December 1, 2025
Economy

Shopify outage: Shopping platform goes down for some users during Cyber Monday

December 1, 2025
Economy

Eli Lilly cuts cash prices of Zepbound weight loss drug vials on direct-to-consumer site

December 1, 2025
Economy

Bitcoin, ether fall sharply as crypto sell-off resumes

December 1, 2025
Economy

As regime change looms at the Fed, one candidate emerges as frontrunner for chair

December 1, 2025
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