Economy

Lyft shares plunged 15% after Q4 revenue missed estimates by $170M. Company announces $1B share buyback program amid declining rider growth and competitive pressures

Robinhood launched its own blockchain testnet for 24/7 trading and tokenized stocks. But the real reason isn't what you think - it's about regulatory compliance, not scaling.

Hong Kong pushes ahead with stablecoin licenses despite Beijing's crypto ban. A controlled experiment or defiance? What this means for global digital finance.

Yokohama tests floating data centers and repurposes power plant sites for AI infrastructure. A novel approach to balancing soaring AI demands with decarbonization goals.

Boeing plans to open a fourth 737 production line this summer amid surging demand. While order backlog exceeds 4,200 aircraft, supply chain bottlenecks and quality concerns persist.

Goldman Sachs CEO predicts financial sponsors will boost M&A activity as $2+ trillion in dry powder awaits deployment amid improving market conditions.

Crypto executives came ready to deal on stablecoin rewards, but banking representatives held firm on prohibition, stalling Senate crypto legislation

Crypto PAC Fairshake launches midterm campaign with $5M Alabama investment, wielding unprecedented $193M fund to shape pro-crypto Congress. First major test of industry's political influence.

Amazon gets FCC approval for 4,500 more satellites, bringing total to 7,700 in bid to rival SpaceX's 9,000-satellite Starlink network. Can the late starter catch up?

World's 4th largest economy ranks 102nd in Global Hunger Index. How India's economic miracle masks a child welfare crisis that threatens future growth.

Politicians eye Bank of Japan's massive ETF holdings as funding source for tax cuts, raising concerns about central bank independence as sales continue.

Stellantis considers ending battery joint venture with Samsung SDI as electric vehicle losses mount, signaling potential reshuffling of global automotive battery partnerships