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Category: Economy

Economy

DoorDash shares rise on earnings, revenue beat

August 6, 2025

DoorDash reported better-than-expected results and said total orders increased 20%. ...

E.l.f. Beauty’s profits fall 30% as China tariffs weigh on bottom line
Economy

E.l.f. Beauty’s profits fall 30% as China tariffs weigh on bottom line

August 6, 2025

E.l.f. Beauty sources about 75% of its products from China and the cost of new tariffs is weighing on its…

Airbnb beats on top and bottom lines for second quarter
Economy

Airbnb beats on top and bottom lines for second quarter

August 6, 2025

Airbnb's revenue increased 13% from a year earlier, topping estimates. ...

Trump vows 100% tariff on chips, unless companies are building in the U.S.
Economy

Trump vows 100% tariff on chips, unless companies are building in the U.S.

August 6, 2025

President Donald Trump said he will impose a 100% tariff on imports of semiconductors and chips, but not for companies…

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.
Economy

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

August 5, 2025

Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts' expectations as Pizza Hut and KFC reported U.S. same-store sales…

Russia weighs into U.S.-India tariff spat, saying New Delhi can choose its own trade partners
Economy

Russia weighs into U.S.-India tariff spat, saying New Delhi can choose its own trade partners

August 5, 2025

The Kremlin commented on Tuesday that Trump's comments were "attempts to force countries to stop trade relations with Russia." ...

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results
Economy

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results

August 5, 2025

The results come as Pfizer and other drugmakers grapple with Trump's calls to lower U.S. drug prices and brace for…

Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet
Economy

Palo Alto CEO Nikesh Arora confronts Wall Street skeptics after company’s biggest bet yet

August 5, 2025

Palo Alto Networks' market cap has increased sixfold since Nikesh Arora joined as CEO in 2018, but not all investors…

Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running
Economy

Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running

August 5, 2025

U.S. President Donald Trump spoke Tuesday morning on CNBC's "Squawk Box." ...

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Crypto World

1
Cryptocurrency

CFTC sees mixed responses to prediction market rulemaking

May 4, 2026

The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s…

2
Cryptocurrency

Bitcoin climbs past $80K for the first time since January

May 4, 2026

Bitcoin breached $80,000 on Monday, rising 2.7% over a three-hour span as Asian equities began trading, marking its highest price since Jan. 31, 2026.The Bitcoin rally began at 1:25 am UTC, rising from $78,415 to…

3
Cryptocurrency

US law firm attempts to block transfer of frozen ETH from Kelp exploit

May 4, 2026

A US law firm has filed a restraining notice to block the transfer of frozen Ether from the Kelp exploit, arguing that its clients are owed over $877 million in compensation and damages by North…

4
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

Economy

Economy

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

May 4, 2026
Economy

Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition

May 4, 2026
Economy

Meme stock GameStop makes $56 billion offer for eBay in bid to rival Amazon

May 4, 2026
Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
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