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Category: Economy

Amazon lays off about 100 employees in devices and services unit
Economy

Amazon lays off about 100 employees in devices and services unit

May 15, 2025

Amazon is cutting jobs in its devices and services unit, which was previously hit with layoffs in 2022 and 2023.…

The world’s best airport is building a mega terminal to ride the travel boom in Asia
Economy

The world’s best airport is building a mega terminal to ride the travel boom in Asia

May 15, 2025

Changi's Terminal 5 is just the latest instance of countries around Asia splurging on their airports so as to capture…

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
Economy

CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO

May 15, 2025

CoreWeave's revenue growth slowed from the feverish pace in 2024, but is still benefiting from the artificial intelligence boom. ...

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes
Economy

Boeing inks record-breaking deal for Qatar Airways to buy up to 210 planes

May 15, 2025

Boeing's business has been beset by issues and disrupted by Trump's trade war with China, which stopped accepting plane deliveries…

Chuck Schumer to block Trump DOJ nominees over Qatari jet
Economy

Chuck Schumer to block Trump DOJ nominees over Qatari jet

May 13, 2025

Trump's plan to accept the luxury jet has draw pushback from Democrats, and even some Republicans, who are are slamming…

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
Economy

Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021

May 13, 2025

The consumer price index was expected to increase 0.2% in April for a 2.4% annual inflation rate. ...

Microsoft laying off about 6,000 people, or 3% of its workforce
Economy

Microsoft laying off about 6,000 people, or 3% of its workforce

May 13, 2025

It's likely Microsoft's largest job purge since it said goodbye to 10,000 employees in 2023. ...

Trump says U.S. will remove all sanctions on Syria
Economy

Trump says U.S. will remove all sanctions on Syria

May 13, 2025

Syria has been designated a state sponsor of terrorism by the U.S. government since 1979.  ...

White House announces $600 billion Saudi investment in U.S. during Trump visit
Economy

White House announces $600 billion Saudi investment in U.S. during Trump visit

May 13, 2025

Trump's participation in the investment forum came after he signed a series of bilateral agreements with Saudi Crown Prince Mohammed…

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Crypto World

1
Cryptocurrency

Google search volume for ‘crypto’ craters as 2025 comes to a close

December 28, 2025

Worldwide Google search volume for the term “crypto” is hovering above the 1-year low and has reached a 1-year low in the United States as 2025 comes to a close, indicating weak crypto investor sentiment.…

2
Cryptocurrency

Fed’s ‘skinny’ accounts end Operation Chokepoint 2.0 — Senator Lummis

December 28, 2025

Wyoming Senator Cynthia Lummis, a pro-crypto United States lawmaker, said the recent proposal from Federal Reserve Governor Christopher Waller to give crypto companies access to “skinny” master accounts would end debanking under Operation Chokepoint 2.0.Waller…

3
Cryptocurrency

Bitcoin returns will be strong but ‘not spectacular’ over next decade: Exec

December 28, 2025

Bitcoin may post steady returns over the next ten years, but exceptionally large year-on-year gains are unlikely, according to Bitwise chief investment officer Matt Hougan.“I think we’re in a 10-year grind upward of strong returns.…

4
Cryptocurrency

Bitcoin doesn’t need gold and silver ‘to slow down,’ say analysts

December 28, 2025

Bitcoin doesn’t need to wait for a pullback in gold and silver to continue its upward trajectory, according to analysts.“Surprisingly unpopular opinion,” Glassnode lead analyst James Check said after making the statement in an X…

Economy

Economy

One year on from the UK’s grand AI plan: Has its infrastructure buildout been a success?

December 28, 2025
Economy

Rents are falling in these major U.S. cities heading into 2026—one of the more ‘renter-friendly periods’ in a decade, says expert

December 28, 2025
Economy

Europe is at a ‘fork in the road’ between AI competition and climate, fund managers say

December 28, 2025
Economy

Forget Gen Z and Millennials — the over-50s ‘Silver Spenders’ are powering investment opportunities, including these stocks

December 28, 2025
Economy

Play on or game over? A look back at 2025 for the video game industry

December 28, 2025
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