Economy
Finance, markets, investments, cryptocurrency and economic news
New EU automotive origin rules targeting China could backfire, hitting allies like South Korea and fracturing global supply chains built over decades.
Public bitcoin miners sold 15,096 BTC from peak holdings as they pivot to AI infrastructure. Core Scientific, Bitfarms, and others abandon HODL strategy amid compressed mining margins.
AI is hollowing out white-collar jobs with 29 straight months of decline. Even elite MBA graduates face unprecedented unemployment rates in this economic shift.
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[email protected]Rising oil prices from Middle East tensions aren't enough to balance Russia's war-strained budget. Sanctions and military spending have fundamentally changed Moscow's fiscal math.
CFTC Chairman signals approval for crypto perpetual futures within weeks, potentially bringing trillion-dollar offshore market back to US shores.
Tech workers at Google and OpenAI are pushing back against military AI contracts after Pentagon blacklisted Anthropic. Internal revolt spreads across Silicon Valley.
Target's modest Q4 results sparked a 4% stock surge amid market chaos from Iran strikes. How low expectations became the retailer's unexpected advantage.
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[email protected]Ondo Finance's tokenized equities win ADGM approval on Binance, marking **$11 billion** in trading volume. Traditional securities meet blockchain in a regulated environment.
Activist investor Elliott Management invests $1 billion in Pinterest at 30% premium despite stock's 30% decline. What opportunity did they spot in the struggling social media platform?
Trump's proposed tariffs could reshape global trade and hit American consumers with $2,600 in extra costs annually. Winners, losers, and the unpredictability factor analyzed.
Visa and Bridge expand stablecoin-linked cards to 100 countries, bringing crypto payments mainstream. What this means for consumers, banks, and the future of money.
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[email protected]Japanese motor giant Nidec confronts massive impairment review after investigation reveals founder Shigenobu Nagamori pressured executives into long-term accounting irregularities