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Category: Economy

Under-the-radar delivery apps are gaining ground in the U.S. by courting Asian restaurants
Economy

Under-the-radar delivery apps are gaining ground in the U.S. by courting Asian restaurants

May 31, 2025

Asian restaurants are utilizing delivery apps like Fantuan and HungryPanda instead of or in addition to bigger-name options. ...

DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery
Economy

DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery

May 31, 2025

DoorDash CEO Tony Xu has spent 12 years building his food delivery company from an upstart into a big acquirer.…

Pentagon chief says ready to ‘fight and win’ against China, urges Asian allies to boost defense spending
Economy

Pentagon chief says ready to ‘fight and win’ against China, urges Asian allies to boost defense spending

May 31, 2025

While playing up the U.S.'s enduring commitment to the Indo-Pacific region, Hegseth took swipes at the absence of China's defense…

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. ...

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Crypto World

1
Cryptocurrency

Vivek Ramaswamy’s Strive to raise $500M to buy Bitcoin

December 10, 2025

Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases.The firm, which was co-founded in 2022 by American entrepreneur and politician…

2
Cryptocurrency

Bitcoin firm Twenty One Capital drops 20% on first day of trading

December 10, 2025

Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging with the blank-check company Cantor Equity Partners.Twenty One Capital opened trading on Tuesday…

3
Cryptocurrency

Trump to begin interviews with Fed chair finalists this week: FT

December 10, 2025

The race for the new US Federal Reserve chair is nearing the finish line, with US President Donald Trump reportedly set to begin interviewing finalists for the top job this week. According to a report from…

4
Cryptocurrency

Bitcoin FOMO trickles back at $94K, but Fed could spoil the party

December 10, 2025

Bitcoin prices surged to a three-week high on Tuesday in a “much-needed rebound” that has caused traders to “FOMO back in and expect higher prices,” according to blockchain analytics firm Santiment.Bitcoin (BTC) prices jumped to…

Economy

Economy

China consumer inflation hits near two-year high despite deeper-than-expected producer deflation

December 10, 2025
Economy

Trump says he ‘heard’ Biden Fed appointments were signed by autopen, tells aide to investigate

December 10, 2025
Economy

Oracle’s AI-fueled debt load has investors on edge ahead of quarterly earnings

December 10, 2025
Economy

Hassett likely next Fed chair, but most think Trump should nominate someone else, CNBC Fed survey shows

December 10, 2025
Economy

The Fed decision is expected to feature a rate cut and a lot more. Here’s what to expect

December 10, 2025
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