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Category: Economy

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction’
Economy

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction’

July 18, 2025

Abbott Laboratories CEO Robert Ford unpacked his company's latest quarterly report in a Thursday interview with CNBC's Jim Cramer. ...

Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion
Economy

Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion

July 18, 2025

Neuralink labeled itself in April as a "small disadvantaged business" in a federal filing with the U.S. Small Business Administration.…

Fed Chair Powell responds to White House questions about HQ renovation
Economy

Fed Chair Powell responds to White House questions about HQ renovation

July 18, 2025

Federal Reserve Chairman Jerome Powell responded to OMB director Russ Vought's stern letter by pointing him to a public website…

Trump AG Bondi to seek release of Jeffrey Epstein case grand jury transcripts
Economy

Trump AG Bondi to seek release of Jeffrey Epstein case grand jury transcripts

July 18, 2025

President Trump has faced growing calls for Attorney General Pam Bond to reverse her decision to withhold evidence in the…

Netflix posts earnings beat as revenue grows 16% in second quarter
Economy

Netflix posts earnings beat as revenue grows 16% in second quarter

July 18, 2025

Netflix posted an earnings beat Thursday, as revenue grew 16% during the second quarter of 2025. ...

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang
Economy

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang

July 17, 2025

Scale AI said it's cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired…

Crypto regulation stumbles in Congress for a second day
Economy

Crypto regulation stumbles in Congress for a second day

July 17, 2025

The second attempt to advance a pair of crypto bills came after President Donald Trump intervened Tuesday evening to get…

Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading
Economy

Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading

July 17, 2025

Coinbase is looking to reach a new subset of consumers who aren't necessarily interested in buying or trading crypto, the…

United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’
Economy

United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’

July 17, 2025

United Airlines is the second of the major U.S. carriers to report results. ...

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Crypto World

1
Cryptocurrency

Crypto funds add $1B as three-week inflow streak continues

March 16, 2026

Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a relative safe-haven asset.Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week,…

2
Cryptocurrency

South Korea’s Hana Financial partners with Standard Chartered on digital assets

March 16, 2026

Hana Financial Group, one of South Korea’s largest financial conglomerates, has partnered with Standard Chartered on finance and digital assets.On Sunday, Hana Financial said it signed a business agreement with the United Kingdom’s Standard Chartered…

3
Cryptocurrency

Strategy buys $1.6B in Bitcoin as holdings surpass 761,000 BTC

March 16, 2026

Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued aggressively stacking Bitcoin last week, bringing the company’s total reserves to above 760,000 BTC.Strategy acquired 22,337 Bitcoin (BTC) for $1.57 billion last week, according…

4
Cryptocurrency

Former UK Prime Minister Boris Johnson calls Bitcoin a ‘Ponzi scheme’

March 15, 2026

Boris Johnson, the former prime minister of the United Kingdom, called Bitcoin (BTC) a “Ponzi Scheme” that has less value than Pokémon cards, collectibles he said had a wide appeal and a multi-decade history.Johnson wrote…

Economy

Economy

Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending

March 16, 2026
Economy

‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls

March 16, 2026
Economy

Brent crude holds above $100 as Trump says U.S. may hit Iran’s oil hub again ‘just for fun’

March 16, 2026
Economy

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

March 15, 2026
Economy

Iran threatens to retaliate against neighbors; Trump urges countries to assist in securing Strait of Hormuz

March 15, 2026
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