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Category: Economy

Here’s where the jobs are in this slowing economy
Economy

Here’s where the jobs are in this slowing economy

August 2, 2025

July's much weaker-than-expected job growth was supported primarily by the health-care sector, data from the Bureau of Labor Statistics released…

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Economy

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

August 2, 2025

Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. ...

Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets
Economy

Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets

August 2, 2025

Trump accused BLS Commissioner Erika McEntarfer of being a political appointee who was manipulating jobs data. ...

Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact
Economy

Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact

August 2, 2025

Berkshire's operating profit dipped 4% year over year to $11.16 billion in the second quarter. ...

Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop
Economy

Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop

August 1, 2025

Venture capital firms have been waiting for big exits after an extended lull in IPOs. Figma's debut is returning billions.…

TikTok took the world by storm. Now, Chinese companies are taking videos further with AI
Economy

TikTok took the world by storm. Now, Chinese companies are taking videos further with AI

August 1, 2025

Chinese companies are capitalizing on a trove of video and gaming experience to ramp up money-making AI tools for generating…

Economy

Amazon’s gloomy earnings forecast overshadows better-than-expected results

August 1, 2025

The guidance spooked investors who are eager to see Amazon’s hefty investments in artificial intelligence pay off. ...

Nintendo doubles quarterly revenue as Switch 2 sales hit 5.8 million units
Economy

Nintendo doubles quarterly revenue as Switch 2 sales hit 5.8 million units

August 1, 2025

Nintendo shares have rallied roughly 40% so far this year on excitement over the firm's new Switch 2 hybrid console.…

How countries are reacting to Trump’s latest tariff announcements as deadline looms
Economy

How countries are reacting to Trump’s latest tariff announcements as deadline looms

August 1, 2025

The White House also announced a 40% tariff rate for all goods transshipped to avoid the applicable duties. ...

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Crypto World

1
Cryptocurrency

Former UK Prime Minister Boris Johnson calls Bitcoin a ‘Ponzi scheme’

March 15, 2026

Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history.Johnson wrote…

2
Cryptocurrency

Changing Basel rules could unlock ‘huge’ liquidity for BTC: Analyst

March 15, 2026

The Basel III rules, which govern bank capital requirements, are set to be updated in 2026, and if Bitcoin (BTC) receives a lower risk rating in the revised rules, it could potentially trigger a “huge”…

3
Cryptocurrency

CLARITY Act 2026 odds ‘extremely low’ if not passed before April: Exec

March 15, 2026

The US CLARITY Act, which aims to bring greater regulatory clarity to the crypto industry, may have little chance of passing this year if it doesn’t move forward within the next seven weeks, according to…

4
Cryptocurrency

Bitcoin miners saw the AI power crunch coming — and the nuclear revival

March 13, 2026

Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity.According to the latest Miner Weekly newsletter from TheEnergyMag, recent annual filings suggest…

Economy

Economy

Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending

March 16, 2026
Economy

‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls

March 16, 2026
Economy

Brent crude holds above $100 as Trump says U.S. may hit Iran’s oil hub again ‘just for fun’

March 16, 2026
Economy

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

March 15, 2026
Economy

Iran threatens to retaliate against neighbors; Trump urges countries to assist in securing Strait of Hormuz

March 15, 2026
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