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Category: Economy

Moody’s downgrades United States credit rating, citing growth in government debt
Economy

Moody’s downgrades United States credit rating, citing growth in government debt

May 17, 2025

Moody's had been a holdout in keeping U.S. sovereign debt at the highest credit rating possible, and brings the 116-year-old…

Trump says he will call Putin, Zelenskyy, and NATO members on Monday to talk ceasefire, trade
Economy

Trump says he will call Putin, Zelenskyy, and NATO members on Monday to talk ceasefire, trade

May 17, 2025

Trump told reporters on Friday that he would speak with Putin after the Russian president skipped peace talks between Russia and…

Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices
Economy

Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices

May 17, 2025

Trump blasted Walmart after the retailer warned it would raise prices due to tariffs. ...

Mike Novogratz describes ‘unfair, infuriating’ path to Galaxy Digital’s Nasdaq listing
Economy

Mike Novogratz describes ‘unfair, infuriating’ path to Galaxy Digital’s Nasdaq listing

May 16, 2025

Mike Novogratz’s Galaxy Digital will finally list on the Nasdaq, a milestone that marks a hard-fought victory for the crypto…

Fortnite is now offline on iOS worldwide as Apple blocks game, Epic Games says
Economy

Fortnite is now offline on iOS worldwide as Apple blocks game, Epic Games says

May 16, 2025

Fortnite is now unavailable on iOS globally, Epic Games said Friday, after Apple blocked a bid to reinstate the popular…

Novo Nordisk CEO to step down as Wegovy maker faces growing competition
Economy

Novo Nordisk CEO to step down as Wegovy maker faces growing competition

May 16, 2025

The Danish pharmaceutical giant said Fruergaard Jørgensen would remain in his post "for a period to support a smooth transition…

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated
Economy

How much would a 100% ‘Made in the USA’ vehicle cost? It’s complicated

May 16, 2025

President Donald Trump wants automakers to build more vehicles in the U.S. with American parts, but it's not as easy…

Cable companies Charter and Cox agree to merge
Economy

Cable companies Charter and Cox agree to merge

May 16, 2025

Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have entered into an agreement to…

He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week
Economy

He lives in Thailand but ‘supercommutes’ to Singapore—living off what he makes from 3 hours a week

May 15, 2025

It took a layoff to make Shao Chun Chen realize he was financially independent in early 2024, giving him the…

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Crypto World

1
Cryptocurrency

Nasdaq crypto chief pledges to ‘move as fast as we can’ on tokenized stocks

November 30, 2025

The US Nasdaq stock exchange is making SEC approval of its proposal to offer tokenized versions of stocks listed on the exchange a top priority, according to the exchange’s crypto chief.“We’ll just move as fast…

2
Cryptocurrency

ETH may reclaim $3.2K soon, based on low stablecoin yields: Santiment

November 30, 2025

Ether’s price may rise nearly 7% in the near term, as subdued stablecoin yields suggest the crypto market has yet to reach overheated conditions, according to crypto sentiment platform Santiment.“Currently, yields are low, around 4%.…

3
Cryptocurrency

BlackRock exec says ‘perfectly normal’ as IBIT sees $2.3B outflows in Nov

November 30, 2025

BlackRock’s spot Bitcoin exchange-traded fund (ETF) closed November under pressure after experiencing heavy withdrawals, but the asset manager remains confident in its long-term outlook for the product.Speaking in São Paulo, BlackRock business development director Cristiano…

4
Cryptocurrency

Strategy will sell Bitcoin as ‘last resort’ if mNAV drops, capital is unavailable: CEO

November 30, 2025

Strategy would consider selling Bitcoin only if its stock falls below net asset value and the company loses access to fresh capital, CEO Phong Le said in a recent interview.Le told the What Bitcoin Did…

Economy

Economy

Student loans and year-end tax planning — 4 steps for borrowers to take

November 30, 2025
Economy

American Airlines says all planes impacted by Airbus glitch have been fixed

November 30, 2025
Economy

Global week ahead: The start of a Santa Rally or more ‘bah humbug’?

November 30, 2025
Economy

China factory activity edges up but remains in contraction as fading holiday demand hits services

November 30, 2025
Economy

Silver hit record highs in 2025 – here’s why the ‘Devil’s metal’ has further to run

November 30, 2025
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