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Category: Economy

Sen. Warren presses Trump AI and crypto czar Sacks on whether he’s overstayed his job
Economy

Sen. Warren presses Trump AI and crypto czar Sacks on whether he’s overstayed his job

September 17, 2025

Sen. Elizabeth Warren and other lawmakers are probing whether David Sacks, Trump’s AI and crypto czar, overstayed his temporary government…

Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply
Economy

Mortgage refinance demand spikes nearly 60%, as interest rates drop sharply

September 17, 2025

Mortgage refinance demand surged higher after interest rates dropped to the lowest level since last October. Adjustable-rate loans were also…

Trump finalizes Japan trade deal with 15% tariffs as Ishiba faces discontent from within party
Economy

Trump finalizes Japan trade deal with 15% tariffs as Ishiba faces discontent from within party

September 5, 2025

The deal was agreed in July after months of talks, with Washington and Tokyo continuing to haggle over details for…

Trump asks Supreme Court to let him fire FTC Commissioner Rebecca Slaughter
Economy

Trump asks Supreme Court to let him fire FTC Commissioner Rebecca Slaughter

September 5, 2025

President Donald Trump in March removed two Democratic commissioners from their posts at the Federal Trade Commission. ...

‘I’m glad it’s over.’ Google CEO thanks Trump for antitrust ‘resolution’
Economy

‘I’m glad it’s over.’ Google CEO thanks Trump for antitrust ‘resolution’

September 5, 2025

President Donald Trump congratulated Google CEO Sundar Pichai on “big day” following antitrust ruling. ...

Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe
Economy

Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe

September 5, 2025

Trump has reiterated a warning that he will soon impose "fairly substantial" tariffs on semiconductor imports, but spare firms like…

Broadcom’s stock pops on mystery $10 billion AI customer
Economy

Broadcom’s stock pops on mystery $10 billion AI customer

September 5, 2025

Broadcom has been one of the biggest winners in the artificial intelligence boom and investor expectations are growing. ...

Salesforce issues weak revenue guidance even as earnings beat estimates
Economy

Salesforce issues weak revenue guidance even as earnings beat estimates

September 3, 2025

Salesforce reported better-than-expected earnings and revenue for the latest quarter but issued disappointing guidance. ...

Stephen Miran, Trump’s Fed governor nominee, pledges central bank independence
Economy

Stephen Miran, Trump’s Fed governor nominee, pledges central bank independence

September 3, 2025

"Independence of monetary policy is a critical element for its success," Miran said in a prepared statement to the Senate…

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Crypto World

1
Cryptocurrency

Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M

May 12, 2026

Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated…

2
Cryptocurrency

LMAX Group launches digital asset collateral solution for institutions

May 12, 2026

Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto…

3
Cryptocurrency, Markets

Bitcoin digests highest US CPI since 2023 as Fed rate hike woes return

May 12, 2026

Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years.Key points:US CPI inflation reaches its highest year-on-year levels since 2023.Energy prices…

4
Cryptocurrency

Australia plans capital gains tax changes affecting crypto investors: Report

May 11, 2026

The Australian government is reportedly seeking to replace capital gains tax discounts on crypto and other assets with an inflation indexation tax, which could increase the taxes on long-term crypto gains.The Albanese government’s fiscal year…

Economy

Economy

Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

May 12, 2026
Economy

It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

May 12, 2026
Economy

Here’s the inflation breakdown for April 2026 — in one chart

May 12, 2026
Economy

Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases

May 11, 2026
Economy

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

May 11, 2026
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