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Category: Economy

Social Security retirement trust fund may be depleted in less than a decade, new trustees’ report finds
Economy

Social Security retirement trust fund may be depleted in less than a decade, new trustees’ report finds

June 19, 2025

The Social Security Administration has updated its projections for how long the trust funds it relies on to help pay…

‘Tariff engineering’ is making a comeback as businesses employ creative ways to skirt higher duties
Economy

‘Tariff engineering’ is making a comeback as businesses employ creative ways to skirt higher duties

June 19, 2025

Global manufacturers are rethinking their products design, looking to tap into a lesser-known legal technique known as "tariff engineering" to…

Los Angeles Lakers owners sell majority stake in the team at $10 billion valuation
Economy

Los Angeles Lakers owners sell majority stake in the team at $10 billion valuation

June 19, 2025

The Buss family has agreed to sell a majority stake of the Los Angeles Lakers to businessman Mark Walter. ...

Trump meets with national security team on Iran as U.S. prepares to evacuate citizens from Israel
Economy

Trump meets with national security team on Iran as U.S. prepares to evacuate citizens from Israel

June 19, 2025

U.S. President Donald Trump has called for Iran's "UNCONDITIONAL SURRENDER!" ...

Fed holds key rate steady, still sees two more cuts this year
Economy

Fed holds key rate steady, still sees two more cuts this year

June 19, 2025

The Federal Reserve on Wednesday released its decision on interest rates following its two-day meeting this week. ...

Reddit stock jumps after company rolls out new AI advertising tools
Economy

Reddit stock jumps after company rolls out new AI advertising tools

June 17, 2025

Reddit shares rallied after the company announced new AI advertising tools to help brands improve engagement. ...

JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee
Economy

JPMorgan Chase unveils new Sapphire Reserve card perks and $795 annual fee

June 17, 2025

JPMorgan, the biggest U.S. bank by assets, shook up the card industry with the launch of the Sapphire Reserve almost…

Investors see stagflation ahead but slow interest rate cuts, CNBC Fed survey finds
Economy

Investors see stagflation ahead but slow interest rate cuts, CNBC Fed survey finds

June 17, 2025

Respondents continue to forecast weaker growth and higher inflation than they did at the beginning of the year. ...

Trump signals escalation in Israel-Iran conflict as he leaves G7 summit early
Economy

Trump signals escalation in Israel-Iran conflict as he leaves G7 summit early

June 17, 2025

The conflict also prompted a statement from G7 leaders, affirming support for Israel, while calling for a resolution to the…

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Crypto World

1
Cryptocurrency

US lender Newrez to accept crypto holdings in mortgage approval

January 16, 2026

Newrez plans to treat eligible cryptocurrency holdings as qualifying assets in its mortgage underwriting process, a move that could broaden access to home loans for crypto holders.The change is expected to take effect in February…

2
Cryptocurrency

Goldman Sachs CEO says CLARITY Act ‘has a long way to go‘

January 16, 2026

David Solomon, CEO of banking giant Goldman Sachs, has weighed in on the pending digital asset market structure legislation, action on which was recently postponed by the US Senate Banking Committee.In a Thursday earnings call…

3
Cryptocurrency

Crypto’s bank-like turn puts JPMorgan on edge

January 16, 2026

A sharp fault line is forming across the digital asset industry between crypto products that increasingly resemble regulated financial institutions and a traditional banking sector warning that some of those innovations may be going too…

4
Cryptocurrency

Sygnum sees tokenization and state Bitcoin reserves taking off in 2026

January 15, 2026

US regulatory developments may unlock a new phase of blockchain adoption in 2026, including sovereign Bitcoin reserves and a broader shift by banks toward tokenized financial infrastructure, according to a report by crypto banking group…

Economy

Economy

Warren Buffett on parenting, horse betting and why he stopped talking politics

January 18, 2026
Economy

Trump threatens to sue JPMorgan Chase for ‘debanking’ him

January 18, 2026
Economy

Trump says 8 European nations face tariffs rising to 25% if Greenland isn’t sold to the U.S.

January 18, 2026
Economy

OpenAI has committed billions to recent chip deals. Some big names have been left out

January 16, 2026
Economy

Trump floats new tariffs in push to acquire Greenland

January 16, 2026
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