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Category: Economy

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.…

Pentagon chief says ready to ‘fight and win’ against China, urges Asian allies to boost defense spending
Economy

Pentagon chief says ready to ‘fight and win’ against China, urges Asian allies to boost defense spending

May 31, 2025

While playing up the U.S.'s enduring commitment to the Indo-Pacific region, Hegseth took swipes at the absence of China's defense…

EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%
Economy

EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%

May 31, 2025

President Donald Trump announced Friday that he was raising tariffs on steel imports from 25% to 50%. ...

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical
Economy

Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical

May 31, 2025

Michael Saylor applauds efforts by other companies to replicate his strategy of using cash to buy bitcoin. ...

Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property
Economy

Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property

May 30, 2025

Starbase was officially formed earlier this month after Elon Musk's aerospace and defense contractor prevailed in a local election. ...

U.S. foreign tax bill sends jitters across Wall Street
Economy

U.S. foreign tax bill sends jitters across Wall Street

May 30, 2025

Trump's "One Big Beautiful Bill Act," if enshrined into law, could transform the current trade conflict into a capital war,…

Caviar and privacy: Airlines’ business-class wars are here
Economy

Caviar and privacy: Airlines’ business-class wars are here

May 30, 2025

American and United are revamping their international business class ...

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
Economy

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

May 30, 2025

The personal consumption expenditures price index was expected to show a 2.2% annual rate in April. ...

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Crypto World

1
Cryptocurrency

Bitcoin ETFs lose $825M in five days as US becomes ‘biggest seller’ of BTC

December 25, 2025

Bitcoin (BTC) institutional outflows continued into Christmas as the US gained the title of biggest BTC seller.Key points:Bitcoin ETF netflows stay negative for Christmas Eve as the institutional investment vehicles lose another $175 million.Tax obligations…

2
Cryptocurrency

NFT collections get no Santa rally as market hits 2025 lows

December 25, 2025

Non-fungible tokens (NFTs) extended their year-end slide in December, with total market valuations falling to their lowest level in 2025.According to data from CoinGecko, the overall valuation of the NFT sector fell to $2.5 billion…

3
Cryptocurrency

CZ proposes fix to address poisoning after investor loses $50M

December 25, 2025

Binance co-founder Changpeng Zhao proposed additional security measures to “eradicate” address poisoning, including wallet warnings and blacklists of suspicious accounts."All wallets should simply check if a receiving address is a 'poison address,' and block the…

4
Cryptocurrency

Crypto derivatives volume explode to $86T in 2025, averaging $265B per day

December 25, 2025

Cryptocurrency derivatives trading volume surged to almost $85.7 trillion in 2025, averaging about $264.5 billion a day, according to a report by liquidation data tracker CoinGlass.Binance led the market with roughly $25.09 trillion in cumulative…

Economy

Economy

Free streaming service Tubi is rivaling major players for viewership. Here’s how it’s winning

December 25, 2025
Economy

DOJ says more than 1 million potential Epstein files newly uncovered

December 25, 2025
Economy

Monetizers vs manufactures: How the AI market could splinter in 2026

December 25, 2025
Economy

Amazon faces ‘leader’s dilemma’ — fight AI shopping bots or join them

December 25, 2025
Economy

Exclusive: Nvidia buying AI chip startup Groq’s assets for about $20 billion in its largest deal on record

December 25, 2025
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