Economy
Finance, markets, investments, cryptocurrency and economic news
Tesla's brand value plummeted 36% in 2025 to $27.6 billion, marking three straight years of decline as Elon Musk's political involvement and lack of new models erode consumer trust.
GM's $3 billion tariff loss exposes how trade policies directly impact corporate profits, showing the real-world consequences of protectionist measures.
Crypto payments network Mesh raises $75M Series C at $1B valuation, signaling investor confidence in infrastructure plays despite depressed spot markets.
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[email protected]Health insurance stocks plummeted after Trump administration signaled Medicare spending cuts, with UnitedHealth, Humana, and other major insurers facing their worst day since the pandemic as Medicare Advantage programs come under scrutiny.
Pinterest slashes 15% of workforce to prioritize AI development as shares tumble. What this layoff wave reveals about tech's risky AI pivot and employee sacrifice.
Mozilla deploys $1.4 billion war chest to fund AI safety startups, challenging OpenAI and Google's grip on artificial intelligence development through open-source alternatives
TikTok's settlement in teen mental health lawsuit leaves Meta and YouTube as remaining defendants in what's being called social media's 'Big Tobacco moment.
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[email protected]OpenAI's Sam Altman, Anthropic's Dario Amodei, and other Big Tech CEOs broke their political silence for the first time, carefully criticizing federal immigration raids after a deadly Minneapolis incident.
China Vanke receives crucial $339 million loan from state-owned Shenzhen Metro, marking potential government re-intervention in the struggling property sector after years of deleveraging policies.
Silver futures hit $1.25B volume on Hyperliquid exchange, driving HYPE token up 24%. A sign of crypto derivatives evolution beyond traditional crypto assets?
Pinterest announces layoffs affecting less than 15% of its workforce as the company shifts resources to AI-focused teams and products, reflecting broader tech industry transformation.
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[email protected]Standard Chartered warns that $500 billion will flow from traditional banks to stablecoins by 2028, with regional banks most vulnerable to the digital disruption.