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Category: Economy

Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors
Economy

Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors

August 25, 2025

Eli Lilly's orforglipron could have a few advantages over a pill from Novo Nordisk, including a lack of dietary restrictions…

Solar executives warn that Trump attack on renewables will lead to power crunch that spikes electricity prices
Economy

Solar executives warn that Trump attack on renewables will lead to power crunch that spikes electricity prices

August 25, 2025

Renewable power executives say difficulty getting permits, rising costs due to tariffs and the end of key tax credits are…

What wealthy parents need to know about giving real estate to their kids
Economy

What wealthy parents need to know about giving real estate to their kids

August 23, 2025

Lawyers to the rich share tips on how to pass down homes without sibling drama and a massive tax bill.…

Ghislaine Maxwell interview released by DOJ; Epstein procurer questioned about Trump
Economy

Ghislaine Maxwell interview released by DOJ; Epstein procurer questioned about Trump

August 23, 2025

The Trump administration has been criticized for reneging on promises to release files about sex offenders Jeffrey Epstein and Ghislaine…

Businesses bringing back recession specials could be the latest sign of deteriorating consumer sentiment
Economy

Businesses bringing back recession specials could be the latest sign of deteriorating consumer sentiment

August 23, 2025

The term "recession" has popped up again as a selling point this summer, perhaps providing a look at how businesses…

U.S. government takes 10% stake in Intel, as Trump expands control over private sector
Economy

U.S. government takes 10% stake in Intel, as Trump expands control over private sector

August 23, 2025

Commerce Secretary Howard Lutnick said that the U.S. government has taken a 10% stake in chipmaker Intel. ...

Higher tariffs are kicking in. Here’s what Walmart and other retailers said about their impact
Economy

Higher tariffs are kicking in. Here’s what Walmart and other retailers said about their impact

August 23, 2025

Consumer spending has largely stayed strong so far and the pinch from higher duties hasn't been as severe as some…

Nvidia’s Huang says TSMC among all-time greats: Buying its stock is ‘very smart’
Economy

Nvidia’s Huang says TSMC among all-time greats: Buying its stock is ‘very smart’

August 22, 2025

Nvidia's Jensen Huang made a visit to Taiwan on Friday, where he showered praise on TSMC, calling it one of…

Economy

Chocolate is set to get even more expensive — but the outlook looks sweeter next year

August 22, 2025

"There is this ongoing deficit in the in the market, big depletion of availability of cocoa beans and availability of…

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Crypto World

1
Cryptocurrency, Markets

Four signs that show Ethereum’s rally is exhausted at $2.4K

May 8, 2026

Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000.Key takeaways:Low network activity signals declining usage and reduced…

2
Cryptocurrency

Revolut users report Bitcoin price glitch showing BTC at 2 cents

May 8, 2026

Revolut users reported that the app briefly displayed Bitcoin prices plunging to around $39,900 on Friday, while some traders also received notifications suggesting extreme price moves, including that BTC had reached a 52-week low of…

3
Cryptocurrency

Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says

May 8, 2026

European Central Bank (ECB) President Christine Lagarde said stablecoins are not Europe’s best route to strengthening the euro’s international role, pushing back against calls to respond to US dollar-backed stablecoins with euro-denominated tokens.Speaking on Friday…

4
Cryptocurrency, Markets

Bitcoin market dominance moves above 61%: Will altcoins follow?

May 7, 2026

Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the…

Economy

Economy

Toyota fourth-quarter profit misses by wide margin as U.S. tariffs drive 49% slump

May 8, 2026
Economy

Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline

May 8, 2026
Economy

Here’s what to expect from Friday’s release of the April jobs report

May 8, 2026
Economy

Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers

May 7, 2026
Economy

Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty

May 7, 2026
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