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Category: Economy

Economy

Novo Nordisk shares plunge 20% after Wegovy maker names new CEO, cuts full-year guidance

July 29, 2025

Danish pharmaceutical giant Novo Nordisk on Tuesday named its new CEO and cut its full-year sales and profit guidance. ...

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator
Economy

How the U.S.-EU trade deal impacts America’s imports overall: Tariff simulator

July 28, 2025

A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of Trump's new trade…

Economy

‘He’s showing up.’ Things are getting better at Boeing under CEO Ortberg. Can he keep it going?

July 28, 2025

Wall Street analysts expect the aircraft manufacturer to halve its second-quarter losses from a year ago when it reports earnings…

Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms
Economy

Massie warns blocking Epstein vote in the House could be political liability for GOP in midterms

July 28, 2025

The lawmaker's comments underscore the divisions within the Republican Party over the files relating to Jeffrey Epstein. ...

Trump announces EU trade deal with 15% tariffs
Economy

Trump announces EU trade deal with 15% tariffs

July 28, 2025

President Donald Trump and European Commission President Ursula von der Leyen met for a pivotal discussion before Trump's Aug 1.…

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung
Economy

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung

July 28, 2025

Samsung Electronics shares opened 3.5% higher after the company disclosed the contract to supply semiconductors to a major global corporation.…

Tesla investors are growing wary of Elon Musk’s futuristic promises
Economy

Tesla investors are growing wary of Elon Musk’s futuristic promises

July 26, 2025

Tesla shares plummeted as CEO Elon Musk's promises for robotaxis failed to excite investors following another disappointing earnings report. ...

Trump’s trade deals and tariffs are on the chopping block in court. What happens next
Economy

Trump’s trade deals and tariffs are on the chopping block in court. What happens next

July 26, 2025

Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused "reciprocal" tariffs are…

China releases AI action plan days after the U.S. as global tech race heats up
Economy

China releases AI action plan days after the U.S. as global tech race heats up

July 26, 2025

China on Saturday released a global action plan for artificial intelligence that called for international cooperation on tech development and…

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Crypto World

1
Cryptocurrency

Bitcoin mining difficulty falls, but projected to rise in next adjustment

April 19, 2026

The Bitcoin (BTC) mining difficulty, the relative challenge of adding new blocks to the BTC blockchain, fell on Saturday, amid public mining companies selling record amounts of BTC to cover operating expenses.The Bitcoin mining difficulty…

2
Cryptocurrency

Solana futures open interest rose by 20% this week: Is $100 SOL next?

April 19, 2026

Key takeaways:Solana maintains its market dominance in DEX volume and TVL despite SOL’s underperformance versus its peers.Easing sell pressure from volatile geopolitics and a resurgence in memecoin activity could catalyze a SOL price rally to…

3
Cryptocurrency

Kelp restaking platform exploited, $293M drained in attack

April 19, 2026

Kelp, a liquid restaking protocol, was the victim of a cyber attack on Saturday, causing the platform to pause smart contracts for its restaking token (rsETH), as it “investigates” the attack amid reports of hundreds…

4
Cryptocurrency

Crypto execs ramp up security as wrench attacks increase

April 17, 2026

The frequency of kidnap and ransom attempts on prominent cryptocurrency executives has skyrocketed in recent years.Referred to, perhaps crudely, in the crypto community as a “$5 wrench attack,” these attempts to extract millions from crypto…

Economy

Economy

Berkshire shares left behind as S&P 500 rallies to record high

April 18, 2026
Economy

We spoke to over 30 central bankers, policymakers and politicians. Here are their top concerns

April 18, 2026
Economy

Iran says Strait of Hormuz is closed again as vessels attempting to cross come under fire

April 18, 2026
Economy

U.S. tech companies ramp up government lobbying amid Iran war uncertainty

April 17, 2026
Economy

Oil prices tumble more than 9% as Iran declares Strait of Hormuz open

April 17, 2026
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