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Category: Economy

Economy

U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears

April 7, 2025

U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald…

How much do stocks have to drop before trading is halted? The details on market ‘circuit breakers’
Economy

How much do stocks have to drop before trading is halted? The details on market ‘circuit breakers’

April 7, 2025

Stock futures were down so much on Sunday that trading needed to be halted momentarily. ...

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy
Economy

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy

April 7, 2025

Jamie Dimon is the first Wall Street CEO to publicly address President Trump's sweeping tariff policy as global markets crash.…

An ‘intimate and luxurious’ travel experience will take 12 people around the world in 100 days— almost entirely by train
Economy

An ‘intimate and luxurious’ travel experience will take 12 people around the world in 100 days— almost entirely by train

April 6, 2025

Adventures By Train's trip around the world will depart in March 17, 2026. ...

Meta debuts new Llama 4 models, but most powerful AI model is still to come
Economy

Meta debuts new Llama 4 models, but most powerful AI model is still to come

April 6, 2025

Meta has not yet released the biggest and most powerful Llama 4 model, which outperforms other AI models in its…

Economists take issue with Trump’s tariff formula, arguing rate is inflated
Economy

Economists take issue with Trump’s tariff formula, arguing rate is inflated

April 6, 2025

The formula the Trump administration used to calculate his tariffs is bewildering economists. ...

Economy

How Trump’s tariffs rollout turned into stock market mayhem

April 6, 2025

What's happened is something worse than the worst-case scenario. ...

Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs
Economy

Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs

April 6, 2025

With the Nasdaq closing its worst week since the Covid pandemic and several tech companies delaying IPOs, Silicon Valley's Trump…

Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market
Economy

Buffett denies social media rumors after Trump shares wild claim that investor backs president crashing market

April 4, 2025

Warren Buffett went on the record to deny social media posts shared by Trump that included a false endorsement from…

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Crypto World

1
Cryptocurrency

Bitcoin miners turn to renewable energy amid profit margin squeeze

December 13, 2025

Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators.Hash…

2
Cryptocurrency

Bitnomial gains CFTC approval to launch prediction markets in the US

December 13, 2025

Bitnomial Clearinghouse LLC received approval from the US Commodity Futures Trading Commission (CFTC) to clear fully collateralized swaps, enabling its parent company, Bitnomial, to launch prediction markets and offer clearing services to other platforms.According to…

3
Cryptocurrency

Senior Vanguard analyst says Bitcoin is no better than a plush toy

December 13, 2025

Bitcoin is a purely speculative asset and is akin to a collectible toy, according to John Ameriks, the global head of quantitative equity at asset management company Vanguard.“It’s difficult for me to think about Bitcoin…

4
Cryptocurrency

SOL struggles as Solana TVL slides and memecoin demand fades

December 13, 2025

Key takeaways:SOL funding rates signal low bullish conviction after a 46% price drop, despite Firedancer’s launch and rising Solana network transactions.Solana DApp revenues and DEX activity have weakened sharply, suggesting broader market fatigue even as…

Economy

Economy

Red-hot Texas is getting so many data center requests that experts see a bubble

December 12, 2025
Economy

Trump says ‘no big deal’ after Jeffrey Epstein estate photos showing him released

December 12, 2025
Economy

Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide

December 12, 2025
Economy

Trump expected to sign executive order to reclassify marijuana as soon as Monday, source tells CNBC; pot stocks surge

December 12, 2025
Economy

Trump says Kevin Warsh is at top of Fed chair candidate list, president should be consulted on rates

December 12, 2025
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