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Category: Economy

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates
Economy

Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates

July 10, 2025

AWS is trying to address the need for more data center cooling by developing its own hardware. ...

Economy

Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally

July 10, 2025

Bitcoin hit a fresh record on Wednesday afternoon as an Nvidia-led rally in equities helped lift the crypto's price into…

Linda Yaccarino steps down as CEO of Elon Musk’s X
Economy

Linda Yaccarino steps down as CEO of Elon Musk’s X

July 10, 2025

Yaccarino's departure comes one day after Musk's artificial intelligence chatbot Grok repeatedly made antisemitic comments. ...

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero
Economy

Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero

July 10, 2025

The standalone cereal business WK Kellogg began trading in 2023. ...

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva
Economy

Brazil will respond to Trump’s 50% tariff with ‘reciprocity,’ says da Silva

July 10, 2025

President Donald Trump said the United States will impose a 50% tariff on imports from Brazil. ...

Trump announces steep tariffs on 14 countries starting Aug. 1
Economy

Trump announces steep tariffs on 14 countries starting Aug. 1

July 8, 2025

President Donald Trump, in social media posts, shared screenshots of signed form letters dictating new tariff rates to the leaders…

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments
Economy

Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments

July 8, 2025

Shaun Maguire, an outspoken Trump supporter, is getting publicly criticized for recent posts about New York City Democratic mayoral candidate…

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up
Economy

CNBC’s Most Valuable Sports Empires 2025: Here’s how the top 20 empires in the world stack up

July 8, 2025

The world's 20 most valuable sports ownership groups are worth a combined $225 billion, according to CNBC's Most Valuable Sports…

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
Economy

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

July 8, 2025

Boeing handed over 60 airplanes last month, the most since December 2023. ...

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Crypto World

1
Cryptocurrency

Visa unveils commerce platform enabling autonomous AI shopping

April 9, 2026

Credit card giant Visa has ventured further into the agentic AI payments race, announcing a new platform on Wednesday to help businesses participate in AI-driven commerce.In a statement on Wednesday, Visa described Intelligent Commerce Connect…

2
Cryptocurrency

Fed minutes open door to further rate cuts amid Iran war

April 9, 2026

US Federal Reserve members were split on whether the war in the Middle East could spur further interest rate cuts before the end of 2026, according to the latest Federal Open Market Committee (FOMC) meeting…

3
Cryptocurrency

Chainalysis claims stablecoin volumes could hit over a quadrillion by 2035

April 9, 2026

Blockchain analysis firm Chainalysis estimates that stablecoin volumes could hit a lofty $1.5 quadrillion within the next decade, beating the total volume of global cross-border payments today. In a report on Wednesday, the Chainalysis team said…

4
Cryptocurrency

Split Capital winds down as founder joins stablecoin startup Plasma

April 7, 2026

Split Capital, a digital asset hedge fund founded by investor Zaheer Ebtikar, is shutting down, with the founder joining Peter Thiel-backed stablecoin startup Plasma.Ebtikar announced the news in an X post on Tuesday, saying Split…

Economy

Economy

Trump warns U.S. military will stay near Iran until ‘real agreement’ is honored

April 9, 2026
Economy

U.S. has violated ceasefire agreement, Iran parliamentary speaker says

April 9, 2026
Economy

‘Poorly run, piece of ice’: Trump targets Greenland again as Iran war deepens NATO rift

April 9, 2026
Economy

Used car prices rise to highest point since summer 2023

April 7, 2026
Economy

Apple shares sink on report of foldable iPhone delays

April 7, 2026
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