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Category: Economy

Intel spins out AI robotics company RealSense with $50 million raise
Economy

Intel spins out AI robotics company RealSense with $50 million raise

July 11, 2025

Tech companies like Tesla and Amazon have bet big on robotics technology and automation. ...

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street
Economy

Goldman Sachs is piloting its first autonomous coder in major AI milestone for Wall Street

July 11, 2025

The arrival of agentic AI at Goldman Sachs, in which programs don't just help with tasks but execute complex jobs,…

Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates
Economy

Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates

July 11, 2025

U.S. President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, over the country's alleged role in…

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…

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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

TSMC posts 35% jump in revenue to new record high as AI chip demand stays strong

April 10, 2026
Economy

Powell, Bessent discussed Anthropic’s Mythos AI cyber threat with major U.S. banks

April 10, 2026
Economy

Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict

April 10, 2026
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
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