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Category: Economy

Amazon lays off about 100 employees in devices and services unit
Economy

Amazon lays off about 100 employees in devices and services unit

May 15, 2025

Amazon is cutting jobs in its devices and services unit, which was previously hit with layoffs in 2022 and 2023.…

The world’s best airport is building a mega terminal to ride the travel boom in Asia
Economy

The world’s best airport is building a mega terminal to ride the travel boom in Asia

May 15, 2025

Changi's Terminal 5 is just the latest instance of countries around Asia splurging on their airports so as to capture…

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
Economy

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO

May 15, 2025

CoreWeave's revenue growth slowed from the feverish pace in 2024, but is still benefiting from the artificial intelligence boom. ...

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes
Economy

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes

May 15, 2025

Boeing's business has been beset by issues and disrupted by Trump's trade war with China, which stopped accepting plane deliveries…

Chuck Schumer to block Trump DOJ nominees over Qatari jet
Economy

Chuck Schumer to block Trump DOJ nominees over Qatari jet

May 13, 2025

Trump's plan to accept the luxury jet has draw pushback from Democrats, and even some Republicans, who are are slamming…

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
Economy

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021

May 13, 2025

The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate. ...

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…

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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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