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Category: Economy

Figma CEO’s path from college dropout and Thiel fellow to tech billionaire
Economy

Figma CEO’s path from college dropout and Thiel fellow to tech billionaire

August 4, 2025

After Figma's first two days of trading on the NYSE, 33-year-old CEO Dylan Field owns a stake worth about $6.6…

‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers
Economy

‘The revisions are hard evidence’: White House struggles to justify firing of BLS chief over weak jobs numbers

August 4, 2025

The firing drew backlash from economists and others fearing that such a move will undermine trust in the key economic…

Restaurants are adding dozens of new spicy menu items in a bid for younger diners
Economy

Restaurants are adding dozens of new spicy menu items in a bid for younger diners

August 2, 2025

Spicy menu items have gained traction primarily through social media via platforms like TikTok and Instagram. ...

Here’s where the jobs are in this slowing economy
Economy

Here’s where the jobs are in this slowing economy

August 2, 2025

July's much weaker-than-expected job growth was supported primarily by the health-care sector, data from the Bureau of Labor Statistics released…

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Economy

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

August 2, 2025

Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. ...

Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets
Economy

Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets

August 2, 2025

Trump accused BLS Commissioner Erika McEntarfer of being a political appointee who was manipulating jobs data. ...

Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact
Economy

Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact

August 2, 2025

Berkshire's operating profit dipped 4% year over year to $11.16 billion in the second quarter. ...

Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop
Economy

Figma’s top VCs are sitting on $24 billion worth of stock after massive IPO pop

August 1, 2025

Venture capital firms have been waiting for big exits after an extended lull in IPOs. Figma's debut is returning billions.…

TikTok took the world by storm. Now, Chinese companies are taking videos further with AI
Economy

TikTok took the world by storm. Now, Chinese companies are taking videos further with AI

August 1, 2025

Chinese companies are capitalizing on a trove of video and gaming experience to ramp up money-making AI tools for generating…

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Crypto World

1
Cryptocurrency, Markets

Bitcoin market dominance moves above 61%: Will altcoins follow?

May 7, 2026

Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the…

2
Cryptocurrency, Markets

Three reasons why Ether price rallies fizzle near $2.4K

May 7, 2026

Key takeaways:A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth.Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses. Ether…

3
Cryptocurrency

JPMorgan, Mastercard make first cross-border US Treasury transfer via XRP Ledger

May 7, 2026

Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails.The pilot transaction…

4
Cryptocurrency, Markets

XRP price copies 2025 chart fractal that last time sparked 66% gains

May 5, 2026

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive…

Economy

Economy

Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers

May 7, 2026
Economy

Snap issues cautious guidance as Perplexity deal ends, Middle East ‘geopolitical situation’ causes uncertainty

May 7, 2026
Economy

Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe

May 7, 2026
Economy

Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models

May 5, 2026
Economy

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

May 5, 2026
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