Economy

Kraken acquires token management platform Magna as part of its transformation from crypto exchange to comprehensive financial platform before going public.

Cadence Design Systems' strong earnings reveal the accelerating trend of system companies designing their own chips. Apple and Google lead the way, but who wins and loses in this shift?

Figma beats Q4 expectations with strong AI adoption, but introduces usage limits in March. Stock jumps 20% after being down 35% year-to-date

KPop Demon Hunters' success signals a new phase in Korean cultural exports, moving beyond dramas and music into animation's lucrative global market

Bitcoin tumbles to $66,000 testing crucial support as Fed minutes suggest possible rate hikes. The crypto faces its worst losing streak since 2022 bear market amid dollar strength.

Trump advisor calls for disciplining NY Fed economists who published research showing tariffs cost consumers $68 billion annually, raising concerns about central bank independence.

Investor group urges Starbucks shareholders to replace directors amid ongoing union battles, highlighting how labor disputes impact corporate governance and investor relations

Analysts challenge Santiment's claim that 50% of Ethereum is staked, arguing the real figure is closer to 30% when accounting for withdrawals and actual locked supply.

The $200M Pentagon contractor refuses autonomous weapons use, creating unprecedented standoff between AI ethics and national security demands

Federal Reserve officials warn that progress toward the 2% inflation target will be 'uneven,' tempering market expectations for aggressive rate cuts in 2024.

China's supreme leader conducted military inspection virtually for first time, signaling growing isolation amid wave of military purges and loyalty concerns.

Rare earth prices surge past MP Materials' price floor, hitting tech giants and EV makers with rising costs. China's supply dominance creates vulnerability for global manufacturers