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Category: Economy

Figma CEO’s path from college dropout and Thiel fellow to tech billionaire
Economy

Figma CEO’s path from college dropout and Thiel fellow to tech billionaire

August 4, 2025

After Figma's first two days of trading on the NYSE, 33-year-old CEO Dylan Field owns a stake worth about $6.6…

‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers
Economy

‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers

August 4, 2025

The firing drew backlash from economists and others fearing that such a move will undermine trust in the key economic…

Restaurants are adding dozens of new spicy menu items in a bid for younger diners
Economy

Restaurants are adding dozens of new spicy menu items in a bid for younger diners

August 2, 2025

Spicy menu items have gained traction primarily through social media via platforms like TikTok and Instagram. ...

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…

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Crypto World

1
Cryptocurrency

Crypto funds add $1B as three-week inflow streak continues

March 16, 2026

Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a relative safe-haven asset.Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week,…

2
Cryptocurrency

South Korea’s Hana Financial partners with Standard Chartered on digital assets

March 16, 2026

Hana Financial Group, one of South Korea’s largest financial conglomerates, has partnered with Standard Chartered on finance and digital assets.On Sunday, Hana Financial said it signed a business agreement with the United Kingdom’s Standard Chartered…

3
Cryptocurrency

Strategy buys $1.6B in Bitcoin as holdings surpass 761,000 BTC

March 16, 2026

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued aggressively stacking Bitcoin last week, bringing the company’s total reserves to above 760,000 BTC.Strategy acquired 22,337 Bitcoin (BTC) for $1.57 billion last week, according…

4
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…

Economy

Economy

Arizona charges Kalshi with criminal misdemeanors, alleging it’s an illegal gambling operation

March 17, 2026
Economy

Tesla to buy $4.3 billion of LG Energy battery cells from disbanded GM plant

March 17, 2026
Economy

Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz

March 17, 2026
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
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