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Category: Economy

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results
Economy

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results

August 5, 2025

The results come as Pfizer and other drugmakers grapple with Trump's calls to lower U.S. drug prices and brace for…

Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet
Economy

Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet

August 5, 2025

Palo Alto Networks' market cap has increased sixfold since Nikesh Arora joined as CEO in 2018, but not all investors…

Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running
Economy

Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running

August 5, 2025

U.S. President Donald Trump spoke Tuesday morning on CNBC's "Squawk Box." ...

The top 10 U.S. cities for job opportunities and earning potential, according to new report—New York and LA don’t make the list
Economy

The top 10 U.S. cities for job opportunities and earning potential, according to new report—New York and LA don’t make the list

August 4, 2025

These U.S. cities offer thriving job markets, competitive wages, and affordable living. ...

New guide to wealth terminology aims to ‘counteract some of the BS’ for investors
Economy

New guide to wealth terminology aims to ‘counteract some of the BS’ for investors

August 4, 2025

Competition for ultra-wealthy investors has grown fierce among private banks, wirehouses, registered investment advisors, private equity firms and boutiques. ...

Ethereum turns 10: From scrappy experiment to Wall Street’s invisible backbone
Economy

Ethereum turns 10: From scrappy experiment to Wall Street’s invisible backbone

August 4, 2025

Once dismissed as a side project to bitcoin, the blockchain now powers stablecoins, tokenized assets, and the payment rails of…

Figma CEO’s path from college dropout and Thiel fellow to tech billionaire
Economy

Figma CEO’s path from college dropout and Thiel fellow to tech billionaire

August 4, 2025

After Figma's first two days of trading on the NYSE, 33-year-old CEO Dylan Field owns a stake worth about $6.6…

‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers
Economy

‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers

August 4, 2025

The firing drew backlash from economists and others fearing that such a move will undermine trust in the key economic…

Restaurants are adding dozens of new spicy menu items in a bid for younger diners
Economy

Restaurants are adding dozens of new spicy menu items in a bid for younger diners

August 2, 2025

Spicy menu items have gained traction primarily through social media via platforms like TikTok and Instagram. ...

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Crypto World

1
Cryptocurrency

Kalshi preemptively sues Iowa, claiming risk of enforcement action

March 12, 2026

Prediction market Kalshi has sued regulators in the US state of Iowa, claiming it did so as there was a risk of an impending enforcement action over its sports event contracts.Kalshi sued Iowa Attorney General…

2
Cryptocurrency

AI agent payment volumes lower than reported, but adoption is growing: a16z

March 12, 2026

Payment transaction volumes among artificial intelligence agents are more than 90% lower than reports suggest, but crypto giants are pouring billions into building the infrastructure around it.AI agents are starting to buy things, but “the…

3
Cryptocurrency

New Zealand regulator says NZDD stablecoin not a financial product

March 12, 2026

New Zealand’s financial regulator has ruled that a local currency-tied stablecoin, NZDD, isn’t a financial product, a move a local law firm says is an important step toward regulatory clarity.The Financial Markets Authority (FMA) said…

4
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”…

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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