October 31, 2026

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HomeEconomy

Economy

Elon Musk’s X can proceed to trial in case against Media Matters after Texas judge denies dismissal request
Economy

Elon Musk’s X can proceed to trial in case against Media Matters after Texas judge denies dismissal request

The Twitter logo is displayed on a smartphone screen and on a computer screen in Athens, Greece, on April 20, 2024. Nurphoto | Nurphoto | Getty Images A federal judge in Texas has ruled against Media Matters and its request to dismiss a lawsuit filed by Elon Musk’s X. Because of U.S. District Judge Reed […]

Here’s how much athletes at the Paris Paralympics earn for winning medals
Economy

Here’s how much athletes at the Paris Paralympics earn for winning medals

Paris 2024 Paralympic Games logo, on July 22, 2024, in Paris France. Nurphoto | Nurphoto | Getty Images As the dust of the 2024 Paris Olympics settles, venues across the City of Light welcome a new crop of athletes for the Paralympic Games. While the International Paralympic Committee does not dole out prize money for […]

Trump punts on promise to deliver plan to make U.S. ‘crypto capital of the planet’
Economy

Trump punts on promise to deliver plan to make U.S. ‘crypto capital of the planet’

On Thursday morning, Republican presidential nominee Donald Trump told his 90 million followers on X that they would hear his plan to make the U.S. the crypto capital of the planet that same day. But after a rally in Michigan and a town hall in Wisconsin, Thursday ended with no sign of Trump’s plan for digital assets. […]

China’s robotaxi push sparks job loss fears among drivers. Experts say it can create new jobs too
Economy

China’s robotaxi push sparks job loss fears among drivers. Experts say it can create new jobs too

TOPSHOT – The photo taken on August 1, 2024 shows a general view of the driver’s seat and controls of a driverless robotaxi autonomous vehicle developed as part of tech giant Baidu’s Apollo Go self-driving project, in Wuhan, in central China’s Hubei province. Turning heads as they cruise past office buildings and malls, driverless taxis […]

Virgin Orbit pauses operations for a week, furloughs nearly entire staff as it seeks funding
Economy

Virgin Orbit pauses operations for a week, furloughs nearly entire staff as it seeks funding

Virgin Orbit is furloughing nearly all its employees and pausing operations for a week as it looks for a funding lifeline… […]

Swiss National Bank says it will provide Credit Suisse with liquidity if necessary
Economy

Swiss National Bank says it will provide Credit Suisse with liquidity if necessary

The SNB said Wednesday that Credit Suisse is currently well capitalized but that the central bank will provide additional liquidity if necessary… […]

Financial shares fall as Credit Suisse becomes latest crisis for the sector
Economy

Financial shares fall as Credit Suisse becomes latest crisis for the sector

Wells Fargo, Citigroup and key regional bank stocks were among the names under pressure on Wednesday… […]

Adobe lifts profit forecast for fiscal 2023 and beats estimates on quarterly results
Economy

Adobe lifts profit forecast for fiscal 2023 and beats estimates on quarterly results

Growth in Adobe’s digital media business is driving higher profit expectations… […]

Stripe slashes valuation to $50 billion in new $6.5 billion funding round
Economy

Stripe slashes valuation to $50 billion in new $6.5 billion funding round

Payment processor Stripe raised $6.5 billion, largely to provide liquidity to current and former employees, but at a sharply discounted $50 billion valuation… […]

Sen. Ron Johnson says there are ‘enough’ GOP senators to stall House budget bill
Economy

Sen. Ron Johnson says there are ‘enough’ GOP senators to stall House budget bill

Sen. Ron Johnson, R-Wis., is seen in the U.S. Capitol during a series of votes on Thursday, April 3, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Sen. Ron Johnson said Sunday that he thinks he has enough GOP colleagues on board with his opposition to the House’s “big, beautiful bill” to stall […]

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