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Category: Economy

Amazon lays off about 100 employees in devices and services unit
Economy

Amazon lays off about 100 employees in devices and services unit

May 15, 2025

Amazon is cutting jobs in its devices and services unit, which was previously hit with layoffs in 2022 and 2023.…

The world’s best airport is building a mega terminal to ride the travel boom in Asia
Economy

The world’s best airport is building a mega terminal to ride the travel boom in Asia

May 15, 2025

Changi's Terminal 5 is just the latest instance of countries around Asia splurging on their airports so as to capture…

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
Economy

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO

May 15, 2025

CoreWeave's revenue growth slowed from the feverish pace in 2024, but is still benefiting from the artificial intelligence boom. ...

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes
Economy

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes

May 15, 2025

Boeing's business has been beset by issues and disrupted by Trump's trade war with China, which stopped accepting plane deliveries…

Chuck Schumer to block Trump DOJ nominees over Qatari jet
Economy

Chuck Schumer to block Trump DOJ nominees over Qatari jet

May 13, 2025

Trump's plan to accept the luxury jet has draw pushback from Democrats, and even some Republicans, who are are slamming…

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
Economy

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021

May 13, 2025

The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate. ...

Microsoft laying off about 6,000 people, or 3% of its workforce
Economy

Microsoft laying off about 6,000 people, or 3% of its workforce

May 13, 2025

It's likely Microsoft's largest job purge since it said goodbye to 10,000 employees in 2023. ...

Trump says U.S. will remove all sanctions on Syria
Economy

Trump says U.S. will remove all sanctions on Syria

May 13, 2025

Syria has been designated a state sponsor of terrorism by the U.S. government since 1979.  ...

White House announces $600 billion Saudi investment in U.S. during Trump visit
Economy

White House announces $600 billion Saudi investment in U.S. during Trump visit

May 13, 2025

Trump's participation in the investment forum came after he signed a series of bilateral agreements with Saudi Crown Prince Mohammed…

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Crypto World

1
Cryptocurrency

$1T crypto market drawdown masks Bitcoin’s strong fundamentals: Coinbase exec

November 17, 2025

Key takeaways:Bitcoin fundamentals remain intact despite the $1 trillion drop in the crypto total market cap.Long-term holders and institutional investors continue to absorb Bitcoin’s distributed supply.Analysts argue that the decline is structural, driven by leverage…

2
Cryptocurrency

Cboe to launch perpetual-style Bitcoin and Ether futures in US

November 17, 2025

Cboe Global Markets plans to launch new Bitcoin and Ether “Continuous Futures” on Dec. 15, offering long-term, perpetual-style exposure to both assets on its futures exchange.According to a Monday announcement from the company, the contracts…

3
Cryptocurrency

Price predictions 11/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

November 17, 2025

Key points:Bitcoin’s fall has resulted in three consecutive weeks of outflows from crypto ETPs, indicating a negative sentiment.Several altcoins are struggling to start a rebound, indicating a lack of demand from buyers.Bitcoin (BTC) attempted a…

4
Cryptocurrency

XRP traders hope fresh wave of ETF launches will restore the bull trend

November 17, 2025

Key takeaways:Four spot XRP ETFs are set to go live across major US exchanges, unlocking institutional capital into XRP’s market. XRP price must reclaim $2.20 as support to continue upside toward $2.60.XRP (XRP) is set for…

Economy

Economy

Ford partners with Amazon for dealers to sell used vehicles online

November 17, 2025
Economy

Buffett’s Google bet comes 2 decades after billionaire investor ‘inspired’ search giant’s IPO

November 17, 2025
Economy

Alphabet rallies after Berkshire reveals stake. Why Buffett’s firm likely bought it

November 17, 2025
Economy

Fed Governor Waller backs December rate cut as support for weakening labor market

November 17, 2025
Economy

Nvidia CEO Jensen Huang surprised investors with a ‘half a trillion’ forecast. It’ll come up at earnings

November 17, 2025
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