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Category: Economy

How E.l.f pulled off its $1 billion Rhode deal
Economy

How E.l.f pulled off its $1 billion Rhode deal

August 12, 2025

E.l.f.'s affordable-yet-premium products have gone viral on social media thanks to the rise of "dupe culture," and a focus on…

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits
Economy

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits

August 12, 2025

Tesla is recruiting test drivers for "automated driving systems" in Queens, but hasn't applied for permits to test its autonomous…

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations
Economy

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations

August 12, 2025

ChatGPT was ranked No. 1 in the top free apps section of the American iOS store. Apple has tied up…

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth
Economy

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth

August 12, 2025

Circle shares jumped Tuesday after reporting its first quarterly earnings as a publicly listed company. ...

Spirit Airlines warns it might not be able to survive without more cash
Economy

Spirit Airlines warns it might not be able to survive without more cash

August 12, 2025

Spirit AIrlines issued a going-concern warning in its quarterly report. ...

Trump warns homeless to leave Washington, D.C., ‘immediately’
Economy

Trump warns homeless to leave Washington, D.C., ‘immediately’

August 11, 2025

President Donald Trump's remarks come as he has increased his rhetoric about countering crime in the District in recent days.…

Democrats slam GOP redistricting fight as ‘cheating’ as Texas Gov. Abbott threatens arrests
Economy

Democrats slam GOP redistricting fight as ‘cheating’ as Texas Gov. Abbott threatens arrests

August 11, 2025

Democratic lawmakers said the party has "got to fight back" against the redistricting effort in Texas. ...

Economy

SoftBank founder Son makes his biggest bet by staking the Japanese giant’s future on AI

August 11, 2025

SoftBank founder Masayoshi Son has been thinking about AI in various forms for more than a decade, according to former…

Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
Economy

Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports

August 11, 2025

The arrangement comes as President Donald Trump's tariffs continue to reverberate through the global economy. ...

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Crypto World

1
Cryptocurrency

Circle shares surge as Bernstein sees upside from stablecoin adoption

March 10, 2026

Circle Internet Financial is among Wall Street’s best-performing stocks so far in 2026, and analysts at Bernstein believe the rally could continue as stablecoin adoption accelerates.In a recent note to clients, Bernstein reiterated its “Outperform”…

2
Cryptocurrency

Ether funding rate flips negative: Are ETH bears back in control?

March 10, 2026

Key takeaways:Ether price struggled as investors pulled $225 million from the spot ETFs, and Ethereum staking rewards underperformed compared to stablecoin yields.Recent Ethereum network upgrades and plans for improved wallet security are positives, but fail…

3
Cryptocurrency

Kalshi suffers court loss in Ohio over sports betting lawsuit

March 10, 2026

The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws superseded state laws on sport event contracts.An Ohio federal court has denied a motion filed by prediction markets platform…

4
Cryptocurrency

Nigel Farage invests $286K in UK Bitcoin treasury company Stack BTC

March 9, 2026

Reform UK party leader Nigel Farage has invested 215,000 pounds (around $286,000) in Stack BTC, a London-listed Bitcoin treasury company chaired by former UK Chancellor Kwasi Kwarteng, as the Reform UK leader deepens his ties…

Economy

Economy

Plans for record emergency oil release signal Middle East war could drag on for months

March 12, 2026
Economy

Trump administration launches Section 301 trade probes into Mexico, China, EU, others

March 12, 2026
Economy

Brent crude hits $100 a barrel as reserve release plans fail to ease Iran war-led supply worries

March 12, 2026
Economy

Oracle stock jumps 7% on earnings beat and increased guidance as cloud revenue climbs 44%

March 10, 2026
Economy

Thom Tillis refuses to budge on blocking Fed chair pick Kevin Warsh confirmation

March 10, 2026
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