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Category: Economy

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates
Economy

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates

July 10, 2025

AWS is trying to address the need for more data center cooling by developing its own hardware. ...

Economy

Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

July 10, 2025

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto's price into…

Linda Yaccarino steps down as CEO of Elon Musk’s X
Economy

Linda Yaccarino steps down as CEO of Elon Musk’s X

July 10, 2025

Yaccarino's departure comes one day after Musk's artificial intelligence chatbot Grok repeatedly made antisemitic comments. ...

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero
Economy

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero

July 10, 2025

The standalone cereal business WK Kellogg began trading in 2023. ...

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva
Economy

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva

July 10, 2025

President Donald Trump said the United States will impose a 50% tariff on imports from Brazil. ...

Trump announces steep tariffs on 14 countries starting Aug. 1
Economy

Trump announces steep tariffs on 14 countries starting Aug. 1

July 8, 2025

President Donald Trump, in social media posts, shared screenshots of signed form letters dictating new tariff rates to the leaders…

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments
Economy

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

July 8, 2025

Shaun Maguire, an outspoken Trump supporter, is getting publicly criticized for recent posts about New York City Democratic mayoral candidate…

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up
Economy

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up

July 8, 2025

The world's 20 most valuable sports ownership groups are worth a combined $225 billion, according to CNBC's Most Valuable Sports…

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
Economy

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

July 8, 2025

Boeing handed over 60 airplanes last month, the most since December 2023. ...

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Crypto World

1
Cryptocurrency

Retail tripled gold buying in last 6 months as Wall Street sells

March 19, 2026

Retail gold purchases have tripled over the last six months, while Wall Street selling has accelerated over the past four months, according to data from the Bank for International Settlements (BIS).“Retail-driven exuberance,” increasingly channeled through…

2
Cryptocurrency

Visa and Stripe-backed Tempo launch tools for AI agents on same day

March 19, 2026

Visa’s crypto division has launched a tool to allow artificial intelligence agents to make payments, the same day the Stripe-backed blockchain Tempo launched alongside a protocol for AI agents. “Excited to share Visa CLI, the first…

3
Cryptocurrency

Canada vows continued crypto crackdown after taking down 47 firms in 2026

March 19, 2026

Canada's financial intelligence unit has revoked the registrations of 50 money services businesses (MSBs) so far this year, with 47 related to crypto, and the minister of finance says it will continue cracking down.Canada's Financial…

4
Cryptocurrency

Bitcoin holds $70K, bringing spot ETF buyers close to breakeven: Is the bull market back?

March 17, 2026

Bitcoin (BTC) is closing in on its average entry price for US spot BTC exchange-traded fund (ETF) investors at $79,900. The narrowing gap between Bitcoin’s market price and the ETF holders’ cost basis coincides with…

Economy

Economy

Fed holds interest rates steady — here’s what that means for consumers

March 19, 2026
Economy

Micron revenue almost triples, tops estimates as demand for memory soars

March 19, 2026
Economy

Trump warns to ‘blow up’ South Pars gas field in Iran if strikes against Qatar energy continue

March 19, 2026
Economy

Arizona charges Kalshi with criminal misdemeanors, alleging it’s an illegal gambling operation

March 17, 2026
Economy

Tesla to buy $4.3 billion of LG Energy battery cells from disbanded GM plant

March 17, 2026
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