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Category: Economy

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction’
Economy

Abbott Laboratories CEO calls post-earnings stock decline ‘a little bit of an overreaction’

July 18, 2025

Abbott Laboratories CEO Robert Ford unpacked his company's latest quarterly report in a Thursday interview with CNBC's Jim Cramer. ...

Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion
Economy

Elon Musk’s Neuralink filed as ‘disadvantaged business’ before being valued at $9 billion

July 18, 2025

Neuralink labeled itself in April as a "small disadvantaged business" in a federal filing with the U.S. Small Business Administration.…

Fed Chair Powell responds to White House questions about HQ renovation
Economy

Fed Chair Powell responds to White House questions about HQ renovation

July 18, 2025

Federal Reserve Chairman Jerome Powell responded to OMB director Russ Vought's stern letter by pointing him to a public website…

Trump AG Bondi to seek release of Jeffrey Epstein case grand jury transcripts
Economy

Trump AG Bondi to seek release of Jeffrey Epstein case grand jury transcripts

July 18, 2025

President Trump has faced growing calls for Attorney General Pam Bond to reverse her decision to withhold evidence in the…

Netflix posts earnings beat as revenue grows 16% in second quarter
Economy

Netflix posts earnings beat as revenue grows 16% in second quarter

July 18, 2025

Netflix posted an earnings beat Thursday, as revenue grew 16% during the second quarter of 2025. ...

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang
Economy

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang

July 17, 2025

Scale AI said it's cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired…

Crypto regulation stumbles in Congress for a second day
Economy

Crypto regulation stumbles in Congress for a second day

July 17, 2025

The second attempt to advance a pair of crypto bills came after President Donald Trump intervened Tuesday evening to get…

Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading
Economy

Coinbase steps into consumer market with stablecoin-powered ‘everything app’ that goes beyond trading

July 17, 2025

Coinbase is looking to reach a new subset of consumers who aren't necessarily interested in buying or trading crypto, the…

United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’
Economy

United Airlines issues new 2025 forecast as CEO says ‘world is less uncertain’

July 17, 2025

United Airlines is the second of the major U.S. carriers to report results. ...

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Crypto World

1
Cryptocurrency

Bank of France calls for tougher MiCA limits on stablecoin payments

April 10, 2026

French officials are pushing for tighter oversight of crypto from two directions, as a Bank of France official called for stricter limits on non-euro stablecoins under the European Union’s Markets in Crypto-Assets Regulation (MiCA), and…

2
Cryptocurrency

White House warns staff as Iran bets add to growing insider trading concerns

April 10, 2026

The White House warned staff against improperly using confidential information to place bets in futures markets after suspicious oil trades ahead of President Donald Trump’s March 23 Iran announcement drew scrutiny, according to Reuters.Reuters reported…

3
Cryptocurrency, Markets

Bitcoin hits $73K as cool US CPI data shows 60-year record gas price hike

April 10, 2026

Bitcoin (BTC) tagged $73,000 following Friday’s Wall Street open as crucial US inflation numbers came in below expectations.Key points:Bitcoin edges higher as US CPI data remains slightly below market expectations.Gasoline prices see a historic surge…

4
Cryptocurrency

Visa unveils commerce platform enabling autonomous AI shopping

April 9, 2026

Credit card giant Visa has ventured further into the agentic AI payments race, announcing a new platform on Wednesday to help businesses participate in AI-driven commerce.In a statement on Wednesday, Visa described Intelligent Commerce Connect…

Economy

Economy

TSMC posts 35% jump in revenue to new record high as AI chip demand stays strong

April 10, 2026
Economy

Powell, Bessent discussed Anthropic’s Mythos AI cyber threat with major U.S. banks

April 10, 2026
Economy

Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict

April 10, 2026
Economy

Trump warns U.S. military will stay near Iran until ‘real agreement’ is honored

April 9, 2026
Economy

U.S. has violated ceasefire agreement, Iran parliamentary speaker says

April 9, 2026
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