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Economy

How E.l.f pulled off its $1 billion Rhode deal
Economy

How E.l.f pulled off its $1 billion Rhode deal

August 12, 2025

E.l.f.'s affordable-yet-premium products have gone viral on social media thanks to the rise of "dupe culture," and a focus on…

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits
Economy

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits

August 12, 2025

Tesla is recruiting test drivers for "automated driving systems" in Queens, but hasn't applied for permits to test its autonomous…

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations
Economy

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations

August 12, 2025

ChatGPT was ranked No. 1 in the top free apps section of the American iOS store. Apple has tied up…

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth
Economy

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth

August 12, 2025

Circle shares jumped Tuesday after reporting its first quarterly earnings as a publicly listed company. ...

Spirit Airlines warns it might not be able to survive without more cash
Economy

Spirit Airlines warns it might not be able to survive without more cash

August 12, 2025

Spirit AIrlines issued a going-concern warning in its quarterly report. ...

Trump warns homeless to leave Washington, D.C., ‘immediately’
Economy

Trump warns homeless to leave Washington, D.C., ‘immediately’

August 11, 2025

President Donald Trump's remarks come as he has increased his rhetoric about countering crime in the District in recent days.…

Democrats slam GOP redistricting fight as ‘cheating’ as Texas Gov. Abbott threatens arrests
Economy

Democrats slam GOP redistricting fight as ‘cheating’ as Texas Gov. Abbott threatens arrests

August 11, 2025

Democratic lawmakers said the party has "got to fight back" against the redistricting effort in Texas. ...

Economy

SoftBank founder Son makes his biggest bet by staking the Japanese giant’s future on AI

August 11, 2025

SoftBank founder Masayoshi Son has been thinking about AI in various forms for more than a decade, according to former…

Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
Economy

Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports

August 11, 2025

The arrangement comes as President Donald Trump's tariffs continue to reverberate through the global economy. ...

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Crypto World

1
Cryptocurrency, Markets

Whale shorts $70M in crypto and tech: Should Bitcoin traders worry?

May 14, 2026

Key takeaways:A successful Hyperliquid whale opened a $70 million short position, but data suggests this is a technical move.Rising oil prices and Fed liquidity injections could devalue US Treasuries, boosting Bitcoin as a scarce macro…

2
Cryptocurrency

Senate confirms Kevin Warsh to lead Federal Reserve

May 14, 2026

The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve and confirmed him as chair of the central bank, succeeding Jerome Powell.Wednesday's cloture vote for Warsh to be the next…

3
Cryptocurrency

Coinbase CEO Brian Armstrong gets behind CLARITY Act ahead of Thursday markup

May 14, 2026

Coinbase CEO Brian Armstrong is supporting the latest version of the Digital Asset Market Clarity Act (CLARITY) ahead of the US Senate's markup of the crypto market structure bill on Thursday. “I don't think it's ever…

4
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…

Economy

Economy

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

May 14, 2026
Economy

In photos: Trump lands in China ahead of high-stakes summit with Xi

May 14, 2026
Economy

Cisco’s stock pops 17% on surging AI orders, as company says it’s cutting almost 4,000 jobs

May 14, 2026
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
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