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Category: Economy

How E.l.f pulled off its $1 billion Rhode deal
Economy

How E.l.f pulled off its $1 billion Rhode deal

August 12, 2025

E.l.f.'s affordable-yet-premium products have gone viral on social media thanks to the rise of "dupe culture," and a focus on…

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits
Economy

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits

August 12, 2025

Tesla is recruiting test drivers for "automated driving systems" in Queens, but hasn't applied for permits to test its autonomous…

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations
Economy

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations

August 12, 2025

ChatGPT was ranked No. 1 in the top free apps section of the American iOS store. Apple has tied up…

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth
Economy

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth

August 12, 2025

Circle shares jumped Tuesday after reporting its first quarterly earnings as a publicly listed company. ...

Spirit Airlines warns it might not be able to survive without more cash
Economy

Spirit Airlines warns it might not be able to survive without more cash

August 12, 2025

Spirit AIrlines issued a going-concern warning in its quarterly report. ...

Trump warns homeless to leave Washington, D.C., ‘immediately’
Economy

Trump warns homeless to leave Washington, D.C., ‘immediately’

August 11, 2025

President Donald Trump's remarks come as he has increased his rhetoric about countering crime in the District in recent days.…

Democrats slam GOP redistricting fight as ‘cheating’ as Texas Gov. Abbott threatens arrests
Economy

Democrats slam GOP redistricting fight as ‘cheating’ as Texas Gov. Abbott threatens arrests

August 11, 2025

Democratic lawmakers said the party has "got to fight back" against the redistricting effort in Texas. ...

Economy

SoftBank founder Son makes his biggest bet by staking the Japanese giant’s future on AI

August 11, 2025

SoftBank founder Masayoshi Son has been thinking about AI in various forms for more than a decade, according to former…

Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
Economy

Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports

August 11, 2025

The arrangement comes as President Donald Trump's tariffs continue to reverberate through the global economy. ...

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Crypto World

1
Cryptocurrency

Bitcoin mining difficulty falls, but projected to rise in next adjustment

April 19, 2026

The Bitcoin (BTC) mining difficulty, the relative challenge of adding new blocks to the BTC blockchain, fell on Saturday, amid public mining companies selling record amounts of BTC to cover operating expenses.The Bitcoin mining difficulty…

2
Cryptocurrency

Solana futures open interest rose by 20% this week: Is $100 SOL next?

April 19, 2026

Key takeaways:Solana maintains its market dominance in DEX volume and TVL despite SOL’s underperformance versus its peers.Easing sell pressure from volatile geopolitics and a resurgence in memecoin activity could catalyze a SOL price rally to…

3
Cryptocurrency

Kelp restaking platform exploited, $293M drained in attack

April 19, 2026

Kelp, a liquid restaking protocol, was the victim of a cyber attack on Saturday, causing the platform to pause smart contracts for its restaking token (rsETH), as it “investigates” the attack amid reports of hundreds…

4
Cryptocurrency

Crypto execs ramp up security as wrench attacks increase

April 17, 2026

The frequency of kidnap and ransom attempts on prominent cryptocurrency executives has skyrocketed in recent years.Referred to, perhaps crudely, in the crypto community as a “$5 wrench attack,” these attempts to extract millions from crypto…

Economy

Economy

Berkshire shares left behind as S&P 500 rallies to record high

April 18, 2026
Economy

We spoke to over 30 central bankers, policymakers and politicians. Here are their top concerns

April 18, 2026
Economy

Iran says Strait of Hormuz is closed again as vessels attempting to cross come under fire

April 18, 2026
Economy

U.S. tech companies ramp up government lobbying amid Iran war uncertainty

April 17, 2026
Economy

Oil prices tumble more than 9% as Iran declares Strait of Hormuz open

April 17, 2026
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