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Category: Economy

Economy

Novo Nordisk shares plunge 20% after Wegovy maker names new CEO, cuts full-year guidance

July 29, 2025

Danish pharmaceutical giant Novo Nordisk on Tuesday named its new CEO and cut its full-year sales and profit guidance. ...

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator
Economy

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator

July 28, 2025

A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of Trump's new trade…

Economy

‘He’s showing up.’ Things are getting better at Boeing under CEO Ortberg. Can he keep it going?

July 28, 2025

Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago when it reports earnings…

Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms
Economy

Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms

July 28, 2025

The lawmaker's comments underscore the divisions within the Republican Party over the files relating to Jeffrey Epstein. ...

Trump announces EU trade deal with 15% tariffs
Economy

Trump announces EU trade deal with 15% tariffs

July 28, 2025

President Donald Trump and European Commission President Ursula von der Leyen met for a pivotal discussion before Trump's Aug 1.…

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung
Economy

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung

July 28, 2025

Samsung Electronics shares opened 3.5% higher after the company disclosed the contract to supply semiconductors to a major global corporation.…

Tesla investors are growing wary of Elon Musk’s futuristic promises
Economy

Tesla investors are growing wary of Elon Musk’s futuristic promises

July 26, 2025

Tesla shares plummeted as CEO Elon Musk's promises for robotaxis failed to excite investors following another disappointing earnings report. ...

Trump’s trade deals and tariffs are on the chopping block in court. What happens next
Economy

Trump’s trade deals and tariffs are on the chopping block in court. What happens next

July 26, 2025

Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused "reciprocal" tariffs are…

China releases AI action plan days after the U.S. as global tech race heats up
Economy

China releases AI action plan days after the U.S. as global tech race heats up

July 26, 2025

China on Saturday released a global action plan for artificial intelligence that called for international cooperation on tech development and…

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Crypto World

1
Cryptocurrency

Minnesota to weigh ban on crypto kiosks after scam reports

February 27, 2026

A Minnesota lawmaker has introduced a bill that could ban virtual currency kiosks across the state after reports of incidents involving crypto-related scams.In a Thursday session of the Minnesota House of Representatives Commerce Finance and…

2
Cryptocurrency

Figure Technology stock crashes 20% following mixed Q4 earnings

February 27, 2026

Shares of Figure Technology Solutions, a blockchain-based consumer lending marketplace, plunged on Friday after the company reported mixed fourth-quarter results the prior day, signaling a more difficult operating environment even as revenue continued to climb.…

3
Cryptocurrency

Why yen stablecoins are key to Japan’s crypto ambitions

February 27, 2026

Japan is preparing its financial system for a world of stablecoins and tokenized assets, with banks, regulators and financial conglomerates working to bring the yen economy onchain.The country is the world’s fourth-largest economy, and its…

4
Cryptocurrency

Sygnum launches service targeting $100B corporate crypto treasury market

February 26, 2026

Global digital asset banking group Sygnum has announced the launch of an institutional crypto asset management service targeting the $100 billion corporate crypto treasury sector. Sygnum Select, launched on Thursday, is described as a “discretionary…

Economy

Economy

Epstein files: Rep. Mace says she’ll call Trump Commerce chief Lutnick to testify

February 27, 2026
Economy

UBS downgrades the U.S. stock market. Here’s what has the investment bank worried

February 27, 2026
Economy

Core wholesale prices rose 0.8% in January, much more than expected

February 27, 2026
Economy

Salesforce shares sink on mixed guidance as company commits $50 billion for buybacks

February 26, 2026
Economy

Trump insists trade deals safe after Supreme Court ruling upends tariff authority, but partners aren’t so sure

February 26, 2026
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