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Category: Economy

European stocks poised to lose further ground as traders digest details of EU-U.S. trade deal
Economy

European stocks poised to lose further ground as traders digest details of EU-U.S. trade deal

August 22, 2025

Europe-listed shares look set to open lower on Friday. ...

Nvidia looking to halt H20 chip production after China cracks down on purchases, reports say
Economy

Nvidia looking to halt H20 chip production after China cracks down on purchases, reports say

August 22, 2025

Nvidia has reportedly told some of its component suppliers to suspend production work for its made-for-China H20 general processing units.…

Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects
Economy

Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects

August 22, 2025

Powell is set to deliver what almost certainly will be his last keynote address at the central bank's annual conclave.…

Google announces its AI-powered Pixel 10 smartphone series
Economy

Google announces its AI-powered Pixel 10 smartphone series

August 20, 2025

The newest series prominently feature the Gemini assistant as AI increasingly becomes the battleground where device companies compete. ...

Economy

Palantir stock falls for sixth-straight day in longest losing streak since April 2024

August 20, 2025

Earlier this month, Palantir rocketed to record highs after it posted a first $1 billion-revenue quarter and blew past Wall…

Trump says U.S. will not approve solar or wind power projects
Economy

Trump says U.S. will not approve solar or wind power projects

August 20, 2025

The president's comment comes after the administration tightened federal permitting for renewables last month. ...

As Target chases a comeback, its new CEO must take on skeptical investors and customers
Economy

As Target chases a comeback, its new CEO must take on skeptical investors and customers

August 20, 2025

The 20-year Target veteran will soon lead the company's efforts to make a comeback. ...

Divided Fed worried about tariffs, inflation and the labor market, minutes show
Economy

Divided Fed worried about tariffs, inflation and the labor market, minutes show

August 20, 2025

Fed officials worried at their July meeting about the state of the labor market and inflation, though most agreed it…

California legislature passes bill that gives interest on insurance payouts to homeowners
Economy

California legislature passes bill that gives interest on insurance payouts to homeowners

August 19, 2025

The bill, which would apply to both existing insurance payouts and to any new escrow accounts, heads to Gov. Gavin…

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Crypto World

1
Cryptocurrency

Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M

May 12, 2026

Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated…

2
Cryptocurrency

LMAX Group launches digital asset collateral solution for institutions

May 12, 2026

Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto…

3
Cryptocurrency, Markets

Bitcoin digests highest US CPI since 2023 as Fed rate hike woes return

May 12, 2026

Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years.Key points:US CPI inflation reaches its highest year-on-year levels since 2023.Energy prices…

4
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…

Economy

Economy

Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

May 12, 2026
Economy

It’s not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

May 12, 2026
Economy

Here’s the inflation breakdown for April 2026 — in one chart

May 12, 2026
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
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