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Category: Economy

Economy

GM, Ford report best annual U.S. sales since 2019 as auto recovery continues

January 4, 2025

Both General Motors and Ford Motor on Friday reported their best annual U.S. new vehicle sales since 2019. ...

Trump sentencing set for Jan. 10, judge leans toward no jail, no probation, no fine
Economy

Trump sentencing set for Jan. 10, judge leans toward no jail, no probation, no fine

January 4, 2025

Donald Trump is the first U.S. president ever to be convicted of a crime. ...

Republican Mike Johnson elected House speaker after dramatic vote reversals
Economy

Republican Mike Johnson elected House speaker after dramatic vote reversals

January 4, 2025

President-elect Donald Trump congratulated Johnson, who eked out election as speaker of the House after a first ballot was kept…

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Economy

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

January 4, 2025

Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad…

Economy

These airlines were the most on time in 2024

January 2, 2025

Supply chain issues and strong travel demand continued in 2024. ...

Crypto, Roaring Kitty and Fartcoin: Market speculation picks up to start 2025
Economy

Crypto, Roaring Kitty and Fartcoin: Market speculation picks up to start 2025

January 2, 2025

Many speculative pockets of the stock market surged in early trading Thursday, the first session of the new year. ...

Mortgage demand dives nearly 22% to end 2024
Economy

Mortgage demand dives nearly 22% to end 2024

January 2, 2025

Rising mortgage interest rates collided with the slowest month of the year for sales. ...

Tesla shares slide after it reports first drop in annual deliveries
Economy

Tesla shares slide after it reports first drop in annual deliveries

January 2, 2025

Tesla's fourth-quarter deliveries report follows a huge late-year rally in the stock that lifted its gain for 2024 to 63%.…

Economy

Bitcoin was the best investment of 2024, but not without its usual volatility

January 1, 2025

Bitcoin was far and away the best performing asset class in 2024 thanks to new ETFs and hopes for a…

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Crypto World

1
Cryptocurrency

CoreWeave’s Core Scientific acquisition sparks analyst doubts as stock dips

July 8, 2025

Shares of CoreWeave (CRWV) opened lower on Tuesday as analysts questioned whether the company’s recent acquisition of Core Scientific (CORZ) would contribute meaningfully to its bottom line.CRWV stock was down 3.6% after the opening bell,…

2
Cryptocurrency

Japanese company moves to align CEO with Bitcoin strategy, full salary goes to BTC

July 8, 2025

Takashi Tashiro, the new CEO of Tokyo-based energy company Remixpoint, will be paid in Bitcoin as part of stated efforts to be “in the same boat” as shareholders, the company said in a statement on…

3
Cryptocurrency

Bitcoin news update: BTC range tightening hints at price break to new highs

July 8, 2025

Key point:Bitcoin is finding support at $107,245, showing investor sentiment remains positive, and every minor dip is being purchased.Bitcoin (BTC) is attempting to bounce off the moving averages, indicating buying on dips. Although the price…

4
Cryptocurrency

ReserveOne to go public via merger, create crypto reserve

July 8, 2025

ReserveOne, a digital asset management company, will go public through a merger with M3-Brigade Acquisition V Corp., the company announced on Tuesday.The transaction is expected to generate more than $1 billion in gross proceeds that…

Economy

Economy

Trump announces steep tariffs on 14 countries starting Aug. 1

July 8, 2025
Economy

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

July 8, 2025
Economy

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up

July 8, 2025
Economy

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

July 8, 2025
Economy

IRS says churches can endorse political candidates without losing tax-exempt status

July 8, 2025
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