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Category: Economy

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates
Economy

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates

July 10, 2025

AWS is trying to address the need for more data center cooling by developing its own hardware. ...

Economy

Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

July 10, 2025

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto's price into…

Linda Yaccarino steps down as CEO of Elon Musk’s X
Economy

Linda Yaccarino steps down as CEO of Elon Musk’s X

July 10, 2025

Yaccarino's departure comes one day after Musk's artificial intelligence chatbot Grok repeatedly made antisemitic comments. ...

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero
Economy

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero

July 10, 2025

The standalone cereal business WK Kellogg began trading in 2023. ...

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva
Economy

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva

July 10, 2025

President Donald Trump said the United States will impose a 50% tariff on imports from Brazil. ...

Trump announces steep tariffs on 14 countries starting Aug. 1
Economy

Trump announces steep tariffs on 14 countries starting Aug. 1

July 8, 2025

President Donald Trump, in social media posts, shared screenshots of signed form letters dictating new tariff rates to the leaders…

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments
Economy

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

July 8, 2025

Shaun Maguire, an outspoken Trump supporter, is getting publicly criticized for recent posts about New York City Democratic mayoral candidate…

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up
Economy

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up

July 8, 2025

The world's 20 most valuable sports ownership groups are worth a combined $225 billion, according to CNBC's Most Valuable Sports…

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
Economy

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

July 8, 2025

Boeing handed over 60 airplanes last month, the most since December 2023. ...

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Crypto World

1
Cryptocurrency

Sony Bank and JPYC to test instant yen stablecoin buys from customer accounts

March 2, 2026

Sony Bank said it has signed a memorandum of understanding with stablecoin issuer JPYC Inc. to study whether the Japanese yen-pegged stablecoin JPYC can be connected more directly to the bank’s deposit rails.In a statement…

2
Cryptocurrency

Crypto funds rebound with $1B inflows after five-week slump

March 2, 2026

Crypto investment products recorded their first weekly inflows since January, snapping a five-week outflow streak totaling roughly $4 billion.Crypto exchange-traded products (ETPs) attracted $1 billion last week, led by $882 million into Bitcoin (BTC) funds,…

3
Cryptocurrency

Will Bitcoin crash if oil prices hit $100 per barrel?

March 2, 2026

Bitcoin (BTC) initially dropped before paring all losses, leaving market participants wondering what higher oil prices would mean for BTC price going forward. Key takeaways:Escalating Middle East conflict pushes oil to $79, putting Bitcoin at…

4
Cryptocurrency

Ether’s 60% down from its 2025 high, but TradFi keeps betting on ETH: Here’s why

March 1, 2026

Key takeaways:Institutional adoption of the Ethereum network accelerates despite Ether disappointing price action. Ethereum and its layer-2s hold 65% of TVL market share.Vitalik Buterin is shifting focus toward base layer scalability and ZK-EVM to ensure…

Economy

Economy

U.S. crude oil jumps more than 7% on fears of Iran supply disruption

March 2, 2026
Economy

Khamenei’s death raises questions about Trump’s China trip

March 2, 2026
Economy

The Strait of Hormuz crisis explained: What it means for global shipping

March 2, 2026
Economy

‘Bigger ramifications than Venezuela’: Markets brace for impact after U.S. strikes Iran 

March 1, 2026
Economy

Berkshire Hathaway operating earnings fell nearly 30% in Warren Buffett’s final quarter as CEO

March 1, 2026
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