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Category: Economy

‘They have to give us magnets’: Trump warns of 200% tariff on China if exports are curbed
Economy

‘They have to give us magnets’: Trump warns of 200% tariff on China if exports are curbed

August 26, 2025

U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not give magnets to the U.S. amid an…

Eli Lilly’s weight loss pill orforglipron clears its latest trial, paving way for approval
Economy

Eli Lilly’s weight loss pill orforglipron clears its latest trial, paving way for approval

August 26, 2025

Eli Lilly now has the clinical trial data required to start filing for approvals of the drug for chronic weight…

Trump tells Fed’s Lisa Cook she’s fired; she says ‘he has no authority to do so’
Economy

Trump tells Fed’s Lisa Cook she’s fired; she says ‘he has no authority to do so’

August 26, 2025

President Donald Trump's removal of a Federal Reserve governor could end up being challenged at the Supreme Court. ...

Putin and Zelenskyy have ‘no meeting planned,’ Russian official Lavrov says
Economy

Putin and Zelenskyy have ‘no meeting planned,’ Russian official Lavrov says

August 25, 2025

The comments by Russia's foreign minister come after President Donald Trump suggested earlier this month that the countries' leaders had…

How the U.S. space industry became dependent on SpaceX
Economy

How the U.S. space industry became dependent on SpaceX

August 25, 2025

SpaceX holds $22 billion in government contracts, according to the company, with NASA and the Department of Defense among its…

Asia-Pacific markets track Wall Street gains on potential Fed rate cut
Economy

Asia-Pacific markets track Wall Street gains on potential Fed rate cut

August 25, 2025

U.S. equity futures were little changed in early Asia hours, as investors await artificial intelligence darling Nvidia's earnings. ...

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.…

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Crypto World

1
Cryptocurrency

Australia plans capital gains tax changes affecting crypto investors: Report

May 11, 2026

The Australian government is reportedly seeking to replace capital gains tax discounts on crypto and other assets with an inflation indexation tax, which could increase the taxes on long-term crypto gains.The Albanese government’s fiscal year…

2
Cryptocurrency

Veteran investor bets on Ethereum as AI agents drive tokenization demand

May 11, 2026

Macro investor and former hedge fund manager Jordi Visser said he recently bought Ether as he sees the “tokenization reality” starting this year, with tokenized assets powering agentic AI payments.“I don't think enough people are…

3
Cryptocurrency

7 Democrats seen as ‘key’ to advancing CLARITY Act: Galaxy

May 11, 2026

Crypto investment firm Galaxy Digital said seven Democratic lawmakers on the US Senate Banking Committee could be key to advancing the Digital Asset Market Clarity Act when it goes to markup on Thursday, sending it…

4
Cryptocurrency

The Nobitex dilemma: How Iran’s biggest crypto exchange stays off the OFAC blacklist

May 9, 2026

Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA.But in that digital darkness, one…

Economy

Economy

Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases

May 11, 2026
Economy

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

May 11, 2026
Economy

From Singapore to Brussels, world leaders eye Trump-Xi summit from afar

May 11, 2026
Economy

Major crypto bill slated for May 14 Senate Banking Committee vote

May 9, 2026
Economy

Nvidia embraces role of AI investor, pushing past $40 billion in equity bets this year

May 9, 2026
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