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Category: Economy

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino
Economy

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

July 5, 2025

While "F1" was a victory lap for Apple, Wall Street's reaction to the company's AI announcements at WWDC suggest there's…

OPEC+ members agree to larger-than-expected oil production hike in August
Economy

OPEC+ members agree to larger-than-expected oil production hike in August

July 5, 2025

Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 barrels…

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’
Economy

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’

July 4, 2025

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under Trump's…

Investing in Space: One big beautiful windfall
Economy

Investing in Space: One big beautiful windfall

July 4, 2025

U.S. President Donald Trump's tax and spending megabill narrowly cleared the House of Representatives on Thursday, after days of political…

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart
Economy

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart

July 4, 2025

Analysts say the fears of regulatory headwinds are overblown as Gen Zers and millennials, rather than young children, are Pop…

House narrowly passes Trump’s megabill in major victory for Republicans
Economy

House narrowly passes Trump’s megabill in major victory for Republicans

July 4, 2025

President Donald Trump worked the phones late into the night to help House Republican leadership deliver his second-term policy agenda. …

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims
Economy

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims

July 4, 2025

The U.S. trading firm's entities are "further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly." ...

Microsoft laying off about 9,000 employees in latest round of cuts
Economy

Microsoft laying off about 9,000 employees in latest round of cuts

July 3, 2025

Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies. ...

Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index
Economy

Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index

July 3, 2025

Hewlett Packard Enterprise's closing of its Juniper deal created an opening in the index, which has added several technology companies…

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Crypto World

1
Cryptocurrency

Circle shares surge as Bernstein sees upside from stablecoin adoption

March 10, 2026

Circle Internet Financial is among Wall Street’s best-performing stocks so far in 2026, and analysts at Bernstein believe the rally could continue as stablecoin adoption accelerates.In a recent note to clients, Bernstein reiterated its “Outperform”…

2
Cryptocurrency

Ether funding rate flips negative: Are ETH bears back in control?

March 10, 2026

Key takeaways:Ether price struggled as investors pulled $225 million from the spot ETFs, and Ethereum staking rewards underperformed compared to stablecoin yields.Recent Ethereum network upgrades and plans for improved wallet security are positives, but fail…

3
Cryptocurrency

Kalshi suffers court loss in Ohio over sports betting lawsuit

March 10, 2026

The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws superseded state laws on sport event contracts.An Ohio federal court has denied a motion filed by prediction markets platform…

4
Cryptocurrency

Nigel Farage invests $286K in UK Bitcoin treasury company Stack BTC

March 9, 2026

Reform UK party leader Nigel Farage has invested 215,000 pounds (around $286,000) in Stack BTC, a London-listed Bitcoin treasury company chaired by former UK Chancellor Kwasi Kwarteng, as the Reform UK leader deepens his ties…

Economy

Economy

Oracle stock jumps 7% on earnings beat and increased guidance as cloud revenue climbs 44%

March 10, 2026
Economy

Thom Tillis refuses to budge on blocking Fed chair pick Kevin Warsh confirmation

March 10, 2026
Economy

Oil retreats even after Energy Secretary wrongly claims Navy escorted tanker through Strait of Hormuz

March 10, 2026
Economy

TSA staff shortages lead to hourslong security lines for travelers at some airports

March 9, 2026
Economy

Congressional Democrats demand reversal of Russian oil sales into India as energy prices soar

March 9, 2026
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