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Category: Economy

Economy

CoreWeave tanks 20% after posting wider-than-expected loss ahead of lock-up expiration

August 13, 2025

CoreWeave's stock dropped 20% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. ...

Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Economy

Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision

August 13, 2025

Perplexity AI's offer of $34.5 billion for Google's Chrome browser is a lot lower than where some analysts value the…

Cisco reports narrow earnings beat, issues inline forecast for the year
Economy

Cisco reports narrow earnings beat, issues inline forecast for the year

August 13, 2025

Cisco's results for the fiscal fourth quarter came in mostly as analysts had expected. ...

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.…

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Crypto World

1
Cryptocurrency

Proposed bill seeks to ban US president, Congress from prediction markets

March 26, 2026

US lawmakers have introduced a bill aiming to ban members of the US Congress, the president and other high-ranking government officials from wagering on prediction markets.The proposed bill, a bipartisan effort from US Representative Adrian…

2
Cryptocurrency

Coinbase opposes latest crypto bill stablecoin compromise: Report

March 26, 2026

Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill.Coinbase representatives told Senate lawmakers in a meeting Monday that they…

3
Cryptocurrency

UK pushes ahead with temporary ban on political crypto donations

March 26, 2026

The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians.Cointelegraph reported on Wednesday that the Rycroft Review, an independent inquiry…

4
Cryptocurrency

Lombard taps Bitwise to offer Bitcoin yield and lending to institutional custody

March 24, 2026

Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of custody, aiming to unlock hundreds of…

Economy

Economy

Republicans balk at Senate Democrats’ DHS shutdown counteroffer

March 26, 2026
Economy

Trump says Justices Barrett, Gorsuch ‘sicken me’ after Supreme Court tariff ruling

March 26, 2026
Economy

Iran has no intention to hold talks with U.S; foreign minister says Trump proposal to end war being reviewed

March 26, 2026
Economy

World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC

March 24, 2026
Economy

Kuwait says Strait of Hormuz closure is beyond catastrophic, will trigger domino effect across global economy

March 24, 2026
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