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Category: Economy

The Fed meets with uncertainty permeating the air. Here’s what to expect
Economy

The Fed meets with uncertainty permeating the air. Here’s what to expect

May 6, 2025

Central bank policymakers can do little for now except sit and wait as events unfold. ...

Economy

U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns

May 6, 2025

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.…

Nvidia CEO says being locked out of China AI market would be ‘tremendous loss’
Economy

Nvidia CEO says being locked out of China AI market would be ‘tremendous loss’

May 6, 2025

Nvidia CEO Jensen Huang told CNBC on Tuesday that the China AI market will be worth about $50 billion and…

Trump downplays tariff talks: ‘We don’t have to sign deals’
Economy

Trump downplays tariff talks: ‘We don’t have to sign deals’

May 6, 2025

U.S. markets moved lower Tuesday after Trump's comments on trade deals. ...

Student loan collections restart for more than 5 million borrowers in default
Economy

Student loan collections restart for more than 5 million borrowers in default

May 5, 2025

As U.S. Department of Education will resume collecting on defaulted student loans on Monday, borrowers may face wage garnishment and…

Trump takes credit for ‘good parts’ of economy, blames ‘bad parts’ on Biden
Economy

Trump takes credit for ‘good parts’ of economy, blames ‘bad parts’ on Biden

May 5, 2025

Last week, Trump put the onus on Biden for the economy contracting in the first quarter of the year. ...

CNBC’s Official Global Soccer Team Valuations 2025: Here’s how the top 25 clubs in the world stack up
Economy

CNBC’s Official Global Soccer Team Valuations 2025: Here’s how the top 25 clubs in the world stack up

May 5, 2025

The 25 most valuable teams in the world are worth an average of $2.76 billion, according to CNBC's Official Global…

Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand
Economy

Inside GM’s decade-long battle to revive Cadillac as the quintessential American luxury car brand

May 5, 2025

Here's how the brand is trying to get its portfolio back into shape and boost its status in the competitive…

Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes
Economy

Warren Buffett to remain Berkshire Hathaway chairman, Greg Abel to become CEO at year-end, board votes

May 5, 2025

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Crypto World

1
Cryptocurrency

Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab

December 19, 2025

Washington is inching closer to putting bank-issued stablecoins on a clearer regulatory track. This week, the Federal Deposit Insurance Corp. (FDIC), the US agency that oversees bank safety and insures deposits, laid out a proposed…

2
Cryptocurrency

Blockchain Association says no to expanding stablecoin yield prohibition

December 19, 2025

The Blockchain Association, a non-profit crypto advocacy organization, wrote a letter to the US Senate Committee on Banking, signed by over 125 crypto industry groups and companies, opposing the ban on third-party service providers and…

3
Cryptocurrency

Pro-crypto US Senator Lummis won’t seek reelection in 2026

December 19, 2025

Wyoming Senator Cynthia Lummis, one of the most outspoken advocates for digital assets in the current session of the US Congress, will leave office in 2027.In a Friday X post, Lummis announced that she would…

4
Cryptocurrency

SEC confirms years-long director bans for former Alameda, FTX executives

December 19, 2025

Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment.In a Friday notice,…

Economy

Economy

Oracle stock jumps 7% as cloud provider joins investor group to run TikTok’s U.S. business

December 19, 2025
Economy

Musk’s $56 billion Tesla pay package must be restored as court rules cancellation was too extreme

December 19, 2025
Economy

NY Fed President Williams says some ‘technical factors’ distorted November’s CPI reading downward

December 19, 2025
Economy

Epstein files released by DOJ

December 19, 2025
Economy

Nine of the largest pharma companies ink deals with Trump to lower drug prices

December 19, 2025
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