Economy
Finance, markets, investments, cryptocurrency and economic news
American companies announced massive layoffs in January 2025, reaching the highest level since the 2009 financial crisis, signaling potential economic headwinds ahead.
President Trump joked about suing Kevin Warsh, his own nominee for Fed chair, if rates don't fall. Treasury Secretary Bessent won't promise it won't happen, raising questions about Fed independence.
Bitcoin's RSI plunged to 17, marking the third most oversold condition ever. Historical data suggests violent upside moves could follow.
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[email protected]Pinterest fired two engineers who created a tool to track layoffs after the company cut 15% of staff. The incident highlights tensions between corporate transparency and AI transformation strategies.
Nikkei poll shows LDP-Japan Innovation Party coalition could secure over 310 seats, giving them a two-thirds majority. Opposition faces potential loss of half their seats, signaling major political realignment.
South Korean stocks have surged 70% with KOSPI hitting record highs, yet retail investors are pouring money into US stocks at unprecedented levels. We explore this investment paradox and its implications.
Private equity giant KKR views AI market volatility as opportunity, betting on infrastructure and talent amid tech sector turbulence in 2026.
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[email protected]MicroStrategy faces massive bitcoin losses yet trades above asset value. What's keeping the premium alive amid market panic?
Crypto exchange Gemini shuts down operations in UK, EU, and Australia while cutting 25% of workforce to focus on US market and prediction markets. Analysis of the strategic shift and industry implications.
Treasury Secretary Bessent slammed crypto industry resistance to regulation as 'nihilistic,' warning that market participants opposing the Digital Asset Market Clarity Act should relocate to El Salvador.
OpenAI and Anthropic clash over AI advertising models. What does this battle reveal about the sustainability of free AI services and user choice?
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[email protected]Amazon reports Q4 earnings amid massive AI spending and corporate layoffs. Cloud growth and AI strategy under scrutiny as company reshapes for future competition