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Economy

Economy

Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion

November 2, 2025

Berkshire's operating profit generated from the conglomerate's wholly owned businesses including insurance and railroads jumped 34% in the third quarter. ...

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy
Economy

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy

November 2, 2025

In August, Evolve hired Hartheimer, who brought experience in financial regulatory matters, to help the bank recover from the collapse…

Economy

Global week ahead: Is Novo Nordisk past ‘peak uncertainty’?

November 2, 2025

CNBC's Charlotte Reed will travel to Copenhagen to speak with Novo Nordisk's new CEO after a bumpy few months. ...

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says
Economy

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says

November 2, 2025

The company wants to ensure that all of its employees can access its Microsoft 365 and GitHub Copilot artificial intelligence…

While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth
Economy

While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth

November 2, 2025

Meta, Amazon, Alphabet and Microsoft reported quarterly earnings that showed rising digital ad sales and increased AI infrastructure spending. ...

Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts
Economy

Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts

November 1, 2025

Impacts have been muted so far as companies built up inventories ahead of the duties and have absorbed some of…

Musk teases Tesla Roadster demo by year-end. He’s been hyping a new one since 2017
Economy

Musk teases Tesla Roadster demo by year-end. He’s been hyping a new one since 2017

November 1, 2025

Tesla's Elon Musk told Joe Rogan that his company is aiming to develop a redesigned version of the Roadster before…

Treasury Department announces new Series I bond rate of 4.03% for the next six months
Economy

Treasury Department announces new Series I bond rate of 4.03% for the next six months

November 1, 2025

The U.S. Department of the Treasury has announced new Series I bond rates through April 2026. ...

Millions face ‘huge sticker shock’ when ACA open enrollment starts Nov. 1
Economy

Millions face ‘huge sticker shock’ when ACA open enrollment starts Nov. 1

November 1, 2025

Millions of households logging on to enroll in a health plan via the Affordable Care Act marketplace will see much…

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Crypto World

1
Cryptocurrency

Revolut says USDT delisting is limited to EEA, Switzerland

July 9, 2026

Revolut, a crypto-friendly digital banking platform, said its Tether USDt (USDT) delisting will not affect all customers globally.The delisting will affect Revolut customers in the European Economic Area (EEA) and Switzerland, while support for the…

2
Cryptocurrency

Interpol operation exposes $122M crypto wallet tied to romance scam laundering

July 9, 2026

A crypto wallet linked to a suspected romance-scam money launderer processed more than $122.5 million in 10 months, according to Interpol, as authorities expanded a global crackdown on online fraud.Interpol said Thursday that Thai authorities…

3
Cryptocurrency

Sony Bank gets US regulator nod to issue stablecoins

July 9, 2026

Sony Bank, a subsidiary of Sony Financial Group, said it's received preliminary approval to establish a new US national trust bank subsidiary that will issue US dollar-denominated stablecoins.The new unit, Connectia Trust, National Association, gained…

4
Cryptocurrency

Vanguard seeks digital assets chief after years of crypto skepticism

July 8, 2026

Vanguard is hiring a head of digital assets to lead the asset manager's strategy on tokenization, stablecoins, blockchain infrastructure and client-facing digital asset products, signaling a broader push into the sector after years of resisting…

Economy

Economy

Meet SK Hynix, the trillion-dollar South Korean chipmaker debuting on U.S. markets

July 9, 2026
Economy

Trump says Iran called to make a deal after U.S. strikes; adds it’s unclear if war is back on

July 9, 2026
Economy

Maine Senate race replacements circle amid pressure on Platner to drop out

July 8, 2026
Economy

U.S. resumes ‘powerful strikes’ on Iran after Hormuz Strait ship attacks, CENTCOM says

July 8, 2026
Economy

U.S. revokes Iran oil sales authorization after tanker attacks

July 8, 2026
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