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Category: Economy

Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue
Economy

Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue

May 22, 2025

The company is a key player in China's hypercompetitive EV market, but has struggled to turn a profit amid rising…

Why OpenAI’s deal with iPhone designer Jony Ive should be a wake-up call for Apple
Economy

Why OpenAI’s deal with iPhone designer Jony Ive should be a wake-up call for Apple

May 22, 2025

Ive announced a $6.4 billion deal that will merge his io hardware firm with OpenAI. Ive will head up the…

Economy

The Republican spending bill is sending yields soaring and creating a major market headache

May 22, 2025

For now, Wall Street experts are not optimistic about what happens from here. ...

Trump tax bill heads to the House floor for a vote after last-minute changes
Economy

Trump tax bill heads to the House floor for a vote after last-minute changes

May 22, 2025

House Speaker Mike Johnson must unify his conference's hard-line conservatives and its moderate Republicans from blue states. ...

Trump warns House Republicans, ‘Don’t f— around with Medicaid’
Economy

Trump warns House Republicans, ‘Don’t f— around with Medicaid’

May 20, 2025

House Speaker Mike Johnson wants a major tax bill passed before Memorial Day. GOP debates over the SALT deduction, Medicaid…

Google launches VIP-level AI subscription service
Economy

Google launches VIP-level AI subscription service

May 20, 2025

The newest tier, which is more expensive than ChatGPT's premium service, comes as Google seeks to further monetize its AI…

Trump fails to convince ‘SALT’ caucus to back tax bill
Economy

Trump fails to convince ‘SALT’ caucus to back tax bill

May 20, 2025

President Trump told House Republicans, 'Don’t f--- around with Medicaid,' in a close-door meeting on a major tax bill he…

Elon Musk confirms Tesla plan for robotaxis on Austin roads in June
Economy

Elon Musk confirms Tesla plan for robotaxis on Austin roads in June

May 20, 2025

Tesla CEO Elon Musk said on Tuesday that robotaxis will be on the streets of Austin, Texas by next month.…

Why Walmart decided to say it would raise prices — and risk Trump’s fury
Economy

Why Walmart decided to say it would raise prices — and risk Trump’s fury

May 20, 2025

Analysts say Walmart's thinner margins and price-sensitive shoppers may have influenced the company's decision to speak out. ...

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Crypto World

1
Cryptocurrency

Hut 8 finishes 2025 strong despite difficult year for Bitcoin miners

January 4, 2026

The Hut 8 Bitcoin (BTC) mining company expanded its credit facility with crypto exchange company Coinbase to $200 million, building on momentum from 2025 and strong stock performance, setting it apart among players in the…

2
Cryptocurrency

US national debt crosses $38.5T, as Bitcoiners celebrate ‘Genesis Day’

January 4, 2026

The United States National Debt surged past $38.5 trillion on Saturday, as Bitcoiners celebrated “Genesis Day,” the day the first block was mined on the Bitcoin network by pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto.US government…

3
Cryptocurrency

Bitcoin and Ether ETFs pull in $646M on first trading day of 2026

January 4, 2026

US-based spot Bitcoin and Ether ETFs began 2026 on a strong note, posting a combined net inflow of around $646 million on the first trading day, despite mixed sentiment across the broader crypto market.On Friday,…

4
Cryptocurrency

Rep. Torres to target insider trading on prediction markets after bet on Maduro

January 4, 2026

US Representative Ritchie Torres is preparing to introduce legislation aimed at curbing insider trading on prediction markets, following scrutiny around a highly profitable wager tied to the sudden capture of Venezuelan President Nicolás Maduro.In a…

Economy

Economy

Watch Trump’s full comments following the U.S. strike against Venezuela

January 4, 2026
Economy

U.S. indictment against Venezuela President Maduro, wife is unsealed

January 4, 2026
Economy

Airlines cancel hundreds of Caribbean flights after U.S. attacks on Venezuela

January 4, 2026
Economy

Trump’s removal of Maduro prompts questions from Congress

January 4, 2026
Economy

Maduro overthrow in oil-rich Venezuela unlikely to shake energy markets in the near term

January 4, 2026
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