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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

US lender Newrez to accept crypto holdings in mortgage approval

January 16, 2026

Newrez plans to treat eligible cryptocurrency holdings as qualifying assets in its mortgage underwriting process, a move that could broaden access to home loans for crypto holders.The change is expected to take effect in February…

2
Cryptocurrency

Goldman Sachs CEO says CLARITY Act ‘has a long way to go‘

January 16, 2026

David Solomon, CEO of banking giant Goldman Sachs, has weighed in on the pending digital asset market structure legislation, action on which was recently postponed by the US Senate Banking Committee.In a Thursday earnings call…

3
Cryptocurrency

Crypto’s bank-like turn puts JPMorgan on edge

January 16, 2026

A sharp fault line is forming across the digital asset industry between crypto products that increasingly resemble regulated financial institutions and a traditional banking sector warning that some of those innovations may be going too…

4
Cryptocurrency

Sygnum sees tokenization and state Bitcoin reserves taking off in 2026

January 15, 2026

US regulatory developments may unlock a new phase of blockchain adoption in 2026, including sovereign Bitcoin reserves and a broader shift by banks toward tokenized financial infrastructure, according to a report by crypto banking group…

Economy

Economy

OpenAI has committed billions to recent chip deals. Some big names have been left out

January 16, 2026
Economy

Trump floats new tariffs in push to acquire Greenland

January 16, 2026
Economy

Hassett pivots to possible ‘Trump cards’ amid credit card interest rate battle with banks

January 16, 2026
Economy

Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran

January 15, 2026
Economy

TSMC delivers another record quarter as profit jumps 35% fueled by robust AI chip demand

January 15, 2026
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