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Category: Economy

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino
Economy

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

July 5, 2025

While "F1" was a victory lap for Apple, Wall Street's reaction to the company's AI announcements at WWDC suggest there's…

OPEC+ members agree to larger-than-expected oil production hike in August
Economy

OPEC+ members agree to larger-than-expected oil production hike in August

July 5, 2025

Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 barrels…

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’
Economy

Top five tax changes for the wealthy in Trump’s ‘big beautiful bill’

July 4, 2025

Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under Trump's…

Investing in Space: One big beautiful windfall
Economy

Investing in Space: One big beautiful windfall

July 4, 2025

U.S. President Donald Trump's tax and spending megabill narrowly cleared the House of Representatives on Thursday, after days of political…

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart
Economy

China slammed ‘blind box’ addiction — but that shouldn’t faze Labubu-maker Pop Mart

July 4, 2025

Analysts say the fears of regulatory headwinds are overblown as Gen Zers and millennials, rather than young children, are Pop…

House narrowly passes Trump’s megabill in major victory for Republicans
Economy

House narrowly passes Trump’s megabill in major victory for Republicans

July 4, 2025

President Donald Trump worked the phones late into the night to help House Republican leadership deliver his second-term policy agenda. …

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims
Economy

Jane Street barred from Indian markets as regulator freezes $566 million over Nifty 50 manipulation claims

July 4, 2025

The U.S. trading firm's entities are "further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly." ...

Microsoft laying off about 9,000 employees in latest round of cuts
Economy

Microsoft laying off about 9,000 employees in latest round of cuts

July 3, 2025

Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies. ...

Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index
Economy

Datadog stock jumps 10% on tech company’s inclusion in S&P 500 index

July 3, 2025

Hewlett Packard Enterprise's closing of its Juniper deal created an opening in the index, which has added several technology companies…

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Crypto World

1
Cryptocurrency

Retail tripled gold buying in last 6 months as Wall Street sells

March 19, 2026

Retail gold purchases have tripled over the last six months, while Wall Street selling has accelerated over the past four months, according to data from the Bank for International Settlements (BIS).“Retail-driven exuberance,” increasingly channeled through…

2
Cryptocurrency

Visa and Stripe-backed Tempo launch tools for AI agents on same day

March 19, 2026

Visa’s crypto division has launched a tool to allow artificial intelligence agents to make payments, the same day the Stripe-backed blockchain Tempo launched alongside a protocol for AI agents. “Excited to share Visa CLI, the first…

3
Cryptocurrency

Canada vows continued crypto crackdown after taking down 47 firms in 2026

March 19, 2026

Canada's financial intelligence unit has revoked the registrations of 50 money services businesses (MSBs) so far this year, with 47 related to crypto, and the minister of finance says it will continue cracking down.Canada's Financial…

4
Cryptocurrency

Bitcoin holds $70K, bringing spot ETF buyers close to breakeven: Is the bull market back?

March 17, 2026

Bitcoin (BTC) is closing in on its average entry price for US spot BTC exchange-traded fund (ETF) investors at $79,900. The narrowing gap between Bitcoin’s market price and the ETF holders’ cost basis coincides with…

Economy

Economy

Fed holds interest rates steady — here’s what that means for consumers

March 19, 2026
Economy

Micron revenue almost triples, tops estimates as demand for memory soars

March 19, 2026
Economy

Trump warns to ‘blow up’ South Pars gas field in Iran if strikes against Qatar energy continue

March 19, 2026
Economy

Arizona charges Kalshi with criminal misdemeanors, alleging it’s an illegal gambling operation

March 17, 2026
Economy

Tesla to buy $4.3 billion of LG Energy battery cells from disbanded GM plant

March 17, 2026
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