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Category: Economy

Microsoft laying off about 6,000 people, or 3% of its workforce
Economy

Microsoft laying off about 6,000 people, or 3% of its workforce

May 13, 2025

It's likely Microsoft's largest job purge since it said goodbye to 10,000 employees in 2023. ...

Trump says U.S. will remove all sanctions on Syria
Economy

Trump says U.S. will remove all sanctions on Syria

May 13, 2025

Syria has been designated a state sponsor of terrorism by the U.S. government since 1979.  ...

White House announces $600 billion Saudi investment in U.S. during Trump visit
Economy

White House announces $600 billion Saudi investment in U.S. during Trump visit

May 13, 2025

Trump's participation in the investment forum came after he signed a series of bilateral agreements with Saudi Crown Prince Mohammed…

Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround
Economy

Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

May 12, 2025

Walgreens is expanding the number of its retail stores served by its micro-fulfillment centers as it works to turn itself…

Coinbase aims to become the No. 1 financial service app in the world in 10 years, CEO says
Economy

Coinbase aims to become the No. 1 financial service app in the world in 10 years, CEO says

May 12, 2025

Brian Armstrong says Coinbase is ready to partner with any bank or financial institution that wants to expand into crypto.…

FAA weighs reducing Newark flights after hundreds of disruptions
Economy

FAA weighs reducing Newark flights after hundreds of disruptions

May 12, 2025

The FAA and airlines are meeting on Wednesday to discuss flight cuts at Newark Liberty International Airport. ...

Trump poised to accept Qatar jet gift as Air Force One
Economy

Trump poised to accept Qatar jet gift as Air Force One

May 12, 2025

Reports of the gift comes just before President Trump is set to travel to the Middle East this week, with…

U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
Economy

U.S. and China agree to slash tariffs for 90 days in major trade breakthrough

May 12, 2025

The U.S. and China on Monday agreed to suspend most tariffs on each other's goods in a move that shows…

Ras Baraka arrest: Trump administration eyes charging three more NJ Democrats in ICE fracas
Economy

Ras Baraka arrest: Trump administration eyes charging three more NJ Democrats in ICE fracas

May 11, 2025

New Jersey Democrats accuse the Trump administration of spreading "lies and misinformation" about events that led to the arrest of…

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Crypto World

1
Cryptocurrency

Texas buys the Bitcoin dip, acquiring $5M of BlackRock’s IBIT

November 26, 2025

The Texas state government has made a major Bitcoin move, snapping up $5 million worth of shares in BlackRock’s spot Bitcoin exchange-traded fund, with another $5 million lined up for a self-custodied Bitcoin buy. The government…

2
Cryptocurrency

DeFi is already 30% of the way to mass adoption: Chainlink founder

November 26, 2025

Decentralized finance (DeFi) may only be years away from mainstream adoption, according to Chainlink co-founder Sergey Nazarov. However, significant regulatory and institutional hurdles must still be cleared before it can achieve global scale.“I think we’re…

3
Cryptocurrency

Bitcoin final leverage flush below $80K is possible, warns analyst

November 26, 2025

The pain may not be over yet for Bitcoin investors, according to one crypto analyst, arguing that there’s still more leverage that could be flushed out. Crypto analyst James Check described the recent market meltdown as…

4
Cryptocurrency

Coinbase reveals 9 crypto ideas it wants to bankroll in 2026

November 26, 2025

The venture capital division of America’s largest crypto exchange says it is targeting its funds toward real-world asset trading, decentralized finance and artificial intelligence next year. In a blog post, Coinbase Ventures stated that it is…

Economy

Economy

Australia’s consumer inflation accelerates to 3.8% in October, overshooting estimates

November 26, 2025
Economy

Sellers are taking their homes off the market at the fastest pace in nearly a decade

November 26, 2025
Economy

Taiwan’s President Lai lashes out against Beijing, pledging $40 billion in additional defense budget

November 26, 2025
Economy

Amazon faces FAA probe after delivery drone snaps internet cable in Texas

November 26, 2025
Economy

Nvidia says its GPUs are a ‘generation ahead’ of Google’s AI chips

November 26, 2025
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