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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

Alleged Huione money laundering boss extradited to China

April 2, 2026

Li Xiong, a key member of a group that allegedly helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money laundering charges,…

2
Cryptocurrency

Genius Group liquidates Bitcoin treasury to pay $8.5M of debt

April 2, 2026

AI-powered Bitcoin treasury and education company Genius Group revealed on Tuesday that it sold the remainder of its Bitcoin in Q1 to pay off debt, adding to a recent wave of companies offloading assets amid…

3
Cryptocurrency

Crypto VC Paradigm is developing a prediction market terminal: Fortune

April 2, 2026

Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wave of Wall Street companies looking for a way to serve the fast-growing sector. Led by Paradigm partner Arjun Balaji, the…

4
Cryptocurrency

Interactive Brokers expands crypto trading to retail investors in Europe

March 31, 2026

Interactive Brokers has launched crypto trading for retail investors in the European Economic Area (EEA), allowing eligible clients to buy and sell 11 digital assets, including Bitcoin and Ethereum, alongside traditional assets on its platform.According…

Economy

Economy

Trump tariff fallout: Some industries grapple with lingering effects one year later

April 3, 2026
Economy

Trump threatens to destroy Iranian infrastructure, saying its government ‘knows what has to be done’

April 3, 2026
Economy

U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3%

April 3, 2026
Economy

TSA shutdown: GOP leaders Thune and Johnson boost two-track approach to funding DHS

April 2, 2026
Economy

SpaceX confidentially files for IPO, setting stage for record offering

April 2, 2026
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