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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

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…

2
Cryptocurrency

LMAX Group launches digital asset collateral solution for institutions

May 12, 2026

Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto…

3
Cryptocurrency, Markets

Bitcoin digests highest US CPI since 2023 as Fed rate hike woes return

May 12, 2026

Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years.Key points:US CPI inflation reaches its highest year-on-year levels since 2023.Energy prices…

4
Cryptocurrency

Australia plans capital gains tax changes affecting crypto investors: Report

May 11, 2026

The Australian government is reportedly seeking to replace capital gains tax discounts on crypto and other assets with an inflation indexation tax, which could increase the taxes on long-term crypto gains.The Albanese government’s fiscal year…

Economy

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
Economy

Here’s the inflation breakdown for April 2026 — in one chart

May 12, 2026
Economy

Modi says Iran war poses severe risks to India, urges cuts in fuel use and gold purchases

May 11, 2026
Economy

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

May 11, 2026
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