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Economy

Economy

CoreWeave tanks 20% after posting wider-than-expected loss ahead of lock-up expiration

August 13, 2025

CoreWeave's stock dropped 20% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. ...

Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Economy

Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision

August 13, 2025

Perplexity AI's offer of $34.5 billion for Google's Chrome browser is a lot lower than where some analysts value the…

Cisco reports narrow earnings beat, issues inline forecast for the year
Economy

Cisco reports narrow earnings beat, issues inline forecast for the year

August 13, 2025

Cisco's results for the fiscal fourth quarter came in mostly as analysts had expected. ...

How E.l.f pulled off its $1 billion Rhode deal
Economy

How E.l.f pulled off its $1 billion Rhode deal

August 12, 2025

E.l.f.'s affordable-yet-premium products have gone viral on social media thanks to the rise of "dupe culture," and a focus on…

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits
Economy

Tesla is hiring robotaxi test drivers in New York City, but company hasn’t applied for permits

August 12, 2025

Tesla is recruiting test drivers for "automated driving systems" in Queens, but hasn't applied for permits to test its autonomous…

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations
Economy

Musk threatens ‘immediate’ legal action against Apple over alleged antitrust violations

August 12, 2025

ChatGPT was ranked No. 1 in the top free apps section of the American iOS store. Apple has tied up…

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth
Economy

Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth

August 12, 2025

Circle shares jumped Tuesday after reporting its first quarterly earnings as a publicly listed company. ...

Spirit Airlines warns it might not be able to survive without more cash
Economy

Spirit Airlines warns it might not be able to survive without more cash

August 12, 2025

Spirit AIrlines issued a going-concern warning in its quarterly report. ...

Trump warns homeless to leave Washington, D.C., ‘immediately’
Economy

Trump warns homeless to leave Washington, D.C., ‘immediately’

August 11, 2025

President Donald Trump's remarks come as he has increased his rhetoric about countering crime in the District in recent days.…

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Crypto World

1
Cryptocurrency

US CBDC ban to go into effect without Trump signoff on housing bill

July 10, 2026

A bipartisan housing bill containing a ban on a central bank digital currency (CBDC) in the United States is set to become law as the deadline approaches for President Donald Trump to sign it.Just after…

2
Cryptocurrency

Senate Democrats call for hearings into Trump’s ties to crypto amid CLARITY Act discussions

July 10, 2026

Five Democratic senators have called for committee hearings “to investigate the national security implications of President Trump’s cryptocurrency holdings” as the chamber considers digital asset market structure legislation.In a Friday notice, the Democratic ranking members…

3
Cryptocurrency

Kraken to overhaul app with AI investing assistant

July 10, 2026

Crypto exchange Kraken is adding AI-powered financial tools to its mobile app as exchanges increasingly compete to offer personalized investing tools beyond basic trading features.According to a company announcement, users will begin by setting financial…

4
Cryptocurrency

Revolut says USDT delisting is limited to EEA, Switzerland

July 9, 2026

Revolut, a crypto-friendly digital banking platform, said its Tether USDt (USDT) delisting will not affect all customers globally.The delisting will affect Revolut customers in the European Economic Area (EEA) and Switzerland, while support for the…

Economy

Economy

Apple sues OpenAI alleging trade secret theft, says scheme was ‘at every level’

July 10, 2026
Economy

SK Hynix rises 13% in Nasdaq debut. Chairman tells CNBC ‘demand is enormous’

July 10, 2026
Economy

Meet SK Hynix, the trillion-dollar South Korean chipmaker debuting on U.S. markets

July 9, 2026
Economy

Trump says Iran called to make a deal after U.S. strikes; adds it’s unclear if war is back on

July 9, 2026
Economy

Maine Senate race replacements circle amid pressure on Platner to drop out

July 8, 2026
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