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Category: Economy

Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy
Economy

Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy

June 3, 2025

Cook expressed concern Tuesday with the progress on inflation, saying recent lower readings could reverse. ...

Job openings showed surprising increase to 7.4 million in April
Economy

Job openings showed surprising increase to 7.4 million in April

June 3, 2025

Employers increased job openings more than expected in April while hiring and layoffs also both rose. ...

Trump’s visa ban could be Britain’s big break in the race for top Chinese talent
Economy

Trump’s visa ban could be Britain’s big break in the race for top Chinese talent

June 2, 2025

UK universities will be ramping up efforts to attract Chinese students via initiatives and financial incentives as the U.S. revokes…

Couple bought a homestead for $390,000, spent $13,000 on DIY renovations: Their No. 1 takeaway after a year on the land
Economy

Couple bought a homestead for $390,000, spent $13,000 on DIY renovations: Their No. 1 takeaway after a year on the land

June 2, 2025

Sophie Hilaire Goldie and Rocky Goldie bought a homestead in Kentucky in the spring of 2024. ...

The global economy faces many headwinds, but the aviation industry is expected to defy them
Economy

The global economy faces many headwinds, but the aviation industry is expected to defy them

June 2, 2025

The profitability of the aviation industry is expected to improve in 2025 despite global gross domestic product growth being forecast…

Safer to stay home? European firms rethink travel policy over U.S. border control concerns
Economy

Safer to stay home? European firms rethink travel policy over U.S. border control concerns

June 2, 2025

"These are the sorts of things I think about when I travel to, say, China or Azerbaijan," the head of…

China counters Trump’s accusations of Geneva trade deal violations, says U.S. undermining consensus
Economy

China counters Trump’s accusations of Geneva trade deal violations, says U.S. undermining consensus

June 2, 2025

Tensions between U.S. and China have flared up after a hiatus following a meeting between Treasury Secretary Scott Bessent and…

Under-the-radar delivery apps are gaining ground in the U.S. by courting Asian restaurants
Economy

Under-the-radar delivery apps are gaining ground in the U.S. by courting Asian restaurants

May 31, 2025

Asian restaurants are utilizing delivery apps like Fantuan and HungryPanda instead of or in addition to bigger-name options. ...

DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery
Economy

DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery

May 31, 2025

DoorDash CEO Tony Xu has spent 12 years building his food delivery company from an upstart into a big acquirer.…

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Crypto World

1
Cryptocurrency

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

December 19, 2025

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed…

2
Cryptocurrency

Blockchain Association says no to expanding stablecoin yield prohibition

December 19, 2025

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and…

3
Cryptocurrency

Pro-crypto US Senator Lummis won’t seek reelection in 2026

December 19, 2025

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would…

4
Cryptocurrency

SEC confirms years-long director bans for former Alameda, FTX executives

December 19, 2025

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice,…

Economy

Economy

Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

December 19, 2025
Economy

Musk’s $56 billion Tesla pay package must be restored as court rules cancellation was too extreme

December 19, 2025
Economy

NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

December 19, 2025
Economy

Epstein files released by DOJ

December 19, 2025
Economy

Nine of the largest pharma companies ink deals with Trump to lower drug prices

December 19, 2025
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