Economy
Finance, markets, investments, cryptocurrency and economic news
US-India trade deal sees India halt Russian oil imports, commit to $500B in American purchases. Trump administration rewards allies while punishing rivals in new trade strategy
The delayed US January employment report due to government shutdown creates uncertainty for global investors and markets. What happens when crucial economic indicators become political casualties?
Trump administration's crypto meeting couldn't resolve the contentious stablecoin yield debate between traditional banks and digital asset firms, despite over two hours of negotiations.
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Elon Musk merges SpaceX with xAI in massive consolidation play, targeting record $1.25 trillion IPO. What does this mega-merger mean for competition and innovation?
BitRiver founder Igor Runets arrested on tax evasion charges while his company faces bankruptcy, signaling major upheaval in Russia's crypto mining industry that once controlled over half the nation's capacity.
US defense companies accelerate spending and hiring after Trump's call for expedited arms deliveries, signaling major shifts in military procurement priorities.
Glencore reportedly close to appointing Citigroup as adviser for potential Rio Tinto merger talks in what could reshape the global mining landscape.
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The US government shutdown has delayed the January jobs report, leaving economists and the Federal Reserve without crucial employment data for policy decisions. This marks the second major disruption to economic statistics in recent years.
Alphabet's autonomous driving unit Waymo seeks $16B funding at nearly $110B valuation, intensifying competition with Tesla's robotaxi ambitions as both companies expand operations.
US-India trade agreement worth $500 billion sees tariff cuts to 18% as India agrees to halt Russian oil purchases and boost American imports.
Nvidia's OpenAI investment reframing and Oracle's $50B funding plan reveal the AI boom's new reality - from infinite scalability to capital constraints.
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OpenAI launches standalone Codex app for Mac users, doubling down on AI coding tools as competition with Anthropic and Cursor intensifies. What's really at stake?