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Category: Economy

Trump disputes WSJ report on Bessent talking him out of firing Powell
Economy

Trump disputes WSJ report on Bessent talking him out of firing Powell

July 21, 2025

Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not…

‘30% is untenable’: From Irish whiskey to Italian cheese, Trump’s tariff threat rattles EU exporters
Economy

‘30% is untenable’: From Irish whiskey to Italian cheese, Trump’s tariff threat rattles EU exporters

July 19, 2025

"At that 30% level ... it will be a lose-lose situation," one distillery boss told CNBC. ...

Trump sues Murdoch for $10 billion over WSJ story on Epstein birthday letter
Economy

Trump sues Murdoch for $10 billion over WSJ story on Epstein birthday letter

July 19, 2025

President Trump is under increasing pressure to have the Justice Department release files about the late pedophile Jeffrey Epstein. ...

Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares
Economy

Nvidia CEO Jensen Huang sells an additional $12.94 million worth of shares

July 19, 2025

It comes as part of a pre-planned arrangement on the heels of surging AI demand ...

Trump says releasing Epstein files wouldn’t satisfy ‘troublemakers,’ as pressure mounts
Economy

Trump says releasing Epstein files wouldn’t satisfy ‘troublemakers,’ as pressure mounts

July 19, 2025

Trump's post comes after the Justice Department asked federal judges to unseal the grand jury testimonies in the criminal case…

Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell
Economy

Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell

July 19, 2025

The tempestuous situation poses myriad thorny questions for which there are no easy answers. ...

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…

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Crypto World

1
Cryptocurrency

TRUMP whales load up as Mar-a-Lago luncheon approaches

April 13, 2026

Crypto whales loaded up more of the TRUMP memecoin ahead of the luncheon at US President Donald Trump’s Mar-a-Lago residence in Florida this month, which offers entry to the largest holders.One whale withdrew about 105,754…

2
Cryptocurrency, Markets

Oil price surges 8% on Iran tensions: Five things to know in Bitcoin this week

April 13, 2026

Bitcoin (BTC) held $70,000 at the weekly close as markets reacted to a breakdown in US-Iran negotiations and escalating tensions around the Strait of Hormuz.A breakdown in US-Iran negotiations sends oil surging above $100 per…

3
Cryptocurrency

Hyperbridge attacker mints 1B bridged Polkadot tokens in $237K exploit

April 13, 2026

A hacker exploited the Polkadot-based cross-chain interoperability protocol Hyperbridge, netting about $237,000 and raising renewed security concerns about blockchain bridge infrastructure.An attacker minted 1 billion bridged Polkadot (DOT) tokens in a single transaction on Hyperbridge,…

4
Cryptocurrency, Markets

Bitcoin price analysis sees new short squeeze as open interest nears $25B

April 12, 2026

Bitcoin (BTC) is due a classic “short squeeze” as open interest hits five-week highs, says new analysis.Key points:Bitcoin is seeing a combination of rising open interest and negative funding rates.The result could punish short positions,…

Economy

Economy

Trump says U.S. will blockade Strait of Hormuz after Iran peace talks fail

April 13, 2026
Economy

Oil prices surge above $100 as U.S. Navy to blockade Iran’s ports after peace talks fail

April 13, 2026
Economy

Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep

April 13, 2026
Economy

How Kodak is trying to turn around its business after teetering on bankruptcy

April 11, 2026
Economy

Berkshire electric utility’s court win could save it billions

April 11, 2026
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