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Category: Economy

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." ...

The top 10 U.S. cities for job opportunities and earning potential, according to new report—New York and LA don’t make the list
Economy

The top 10 U.S. cities for job opportunities and earning potential, according to new report—New York and LA don’t make the list

August 4, 2025

These U.S. cities offer thriving job markets, competitive wages, and affordable living. ...

New guide to wealth terminology aims to ‘counteract some of the BS’ for investors
Economy

New guide to wealth terminology aims to ‘counteract some of the BS’ for investors

August 4, 2025

Competition for ultra-wealthy investors has grown fierce among private banks, wirehouses, registered investment advisors, private equity firms and boutiques. ...

Ethereum turns 10: From scrappy experiment to Wall Street’s invisible backbone
Economy

Ethereum turns 10: From scrappy experiment to Wall Street’s invisible backbone

August 4, 2025

Once dismissed as a side project to bitcoin, the blockchain now powers stablecoins, tokenized assets, and the payment rails of…

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Crypto World

1
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…

2
Cryptocurrency

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

May 2, 2026

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining…

3
Cryptocurrency

A16z sides with CFTC against states seeking to ban prediction markets

May 2, 2026

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.The venture capital…

4
Cryptocurrency

Brazil bars crypto settlement in regulated cross-border payment rails

May 1, 2026

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On…

Economy

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
Economy

Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era

May 2, 2026
Economy

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

May 1, 2026
Economy

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue

May 1, 2026
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