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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, Markets

XRP price copies 2025 chart fractal that last time sparked 66% gains

May 5, 2026

XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive…

2
Cryptocurrency

Bernstein cites $4T tokenized credit opportunity for Figure Technology stock

May 5, 2026

Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond its roots as a fintech lender, according to Bernstein.In a Tuesday…

3
Cryptocurrency

US prosecutors ask for leniency for ex-Celsius exec, citing cooperation

May 5, 2026

Federal prosecutors are recommending a light sentence for Roni Cohen-Pavon, the former chief revenue officer of defunct cryptocurrency lending platform Celsius.In a Monday letter filed in the US District Court for the Southern District of…

4
Cryptocurrency

CFTC sees mixed responses to prediction market rulemaking

May 4, 2026

The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s…

Economy

Economy

Trump admin. moves further into AI oversight, will test Google, Microsoft and xAI models

May 5, 2026
Economy

Microsoft Xbox CEO overhauls leadership amid sinking sales: ‘We need to evolve how we work’

May 5, 2026
Economy

Intel soars 14% on report of Apple chip talks, hits new all-time high

May 5, 2026
Economy

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war

May 4, 2026
Economy

Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition

May 4, 2026
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