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Category: Economy

Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue
Economy

Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue

May 22, 2025

The company is a key player in China's hypercompetitive EV market, but has struggled to turn a profit amid rising…

Why OpenAI’s deal with iPhone designer Jony Ive should be a wake-up call for Apple
Economy

Why OpenAI’s deal with iPhone designer Jony Ive should be a wake-up call for Apple

May 22, 2025

Ive announced a $6.4 billion deal that will merge his io hardware firm with OpenAI. Ive will head up the…

Economy

The Republican spending bill is sending yields soaring and creating a major market headache

May 22, 2025

For now, Wall Street experts are not optimistic about what happens from here. ...

Trump tax bill heads to the House floor for a vote after last-minute changes
Economy

Trump tax bill heads to the House floor for a vote after last-minute changes

May 22, 2025

House Speaker Mike Johnson must unify his conference's hard-line conservatives and its moderate Republicans from blue states. ...

Trump warns House Republicans, ‘Don’t f— around with Medicaid’
Economy

Trump warns House Republicans, ‘Don’t f— around with Medicaid’

May 20, 2025

House Speaker Mike Johnson wants a major tax bill passed before Memorial Day. GOP debates over the SALT deduction, Medicaid…

Google launches VIP-level AI subscription service
Economy

Google launches VIP-level AI subscription service

May 20, 2025

The newest tier, which is more expensive than ChatGPT's premium service, comes as Google seeks to further monetize its AI…

Trump fails to convince ‘SALT’ caucus to back tax bill
Economy

Trump fails to convince ‘SALT’ caucus to back tax bill

May 20, 2025

President Trump told House Republicans, 'Don’t f--- around with Medicaid,' in a close-door meeting on a major tax bill he…

Elon Musk confirms Tesla plan for robotaxis on Austin roads in June
Economy

Elon Musk confirms Tesla plan for robotaxis on Austin roads in June

May 20, 2025

Tesla CEO Elon Musk said on Tuesday that robotaxis will be on the streets of Austin, Texas by next month.…

Why Walmart decided to say it would raise prices — and risk Trump’s fury
Economy

Why Walmart decided to say it would raise prices — and risk Trump’s fury

May 20, 2025

Analysts say Walmart's thinner margins and price-sensitive shoppers may have influenced the company's decision to speak out. ...

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Crypto World

1
Cryptocurrency

Rising Bitcoin ‘liveliness’ indicator suggests bull market may continue: analysts

December 7, 2025

A technical indicator called liveliness is rising, which historically signals bull run activity and could mean that this market cycle is not over yet, say analysts.“Liveliness continues to march higher this cycle despite lower prices,…

2
Cryptocurrency

Bitcoin buries the tulip myth after 17 years of proven resilience says ETF expert

December 7, 2025

Bitcoin can no longer be compared to the “Tulip Bubble” due to its endurance and resilience over the years, according to Eric Balchunas, Bloomberg’s exchange-traded fund expert.“I personally would not compare Bitcoin to tulips, no…

3
Cryptocurrency

Ether supply squeeze looms with exchanges holding lowest levels since 2015

December 7, 2025

The amount of Ether stored on centralized crypto exchanges is at an unprecedented low, which could result in a supply squeeze, say analysts. Ether (ETH) exchange balances fell to 8.7% on Thursday last week, the lowest…

4
Cryptocurrency

South Korea to impose bank-level liability on crypto exchanges after Upbit hack: Report

December 7, 2025

South Korea is preparing to impose bank-level, no-fault liability rules on crypto exchanges, holding exchanges to the same standards as traditional financial institutions amid the recent breach at Upbit.The Financial Services Commission (FSC) is reviewing…

Economy

Economy

At 22, she discovered there was $200,000 in debt in her name. It took a decade to get it removed

December 7, 2025
Economy

Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval

December 7, 2025
Economy

Trump administration waives $11 million fine for Southwest Airlines’ 2022 holiday meltdown

December 7, 2025
Economy

Berkshire Hathaway is on track to lag behind the S&P 500 in Buffett’s last year as CEO

December 7, 2025
Economy

From the California gold rush to Sydney Sweeney: How denim became the most enduring garment in American fashion

December 7, 2025
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