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Entertainment

Trying to Explain the Strange Universe of Cryptocurrency

One of the first lessons of economics is that money is made up. Put another way, it’s a construct: Money is only worth what we say it’s wort...
Representations of the Bitcoin cryptocurrency are seen in this illustration picture taken June 7, 2021. (Reuters File)

Trying to Explain the Strange Universe of Cryptocurrency

One of the first lessons of economics is that money is made up. Put another way, it’s a construct: Money is only worth what we say it’s wort...
Entertainment

/ 18 hours ago

Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. (Reuters File)

Musk Backs ‘Universal High Income’ as Best Way to Counter AI Layoffs

Elon Musk, the world’s richest person, is dominating the news cycle again with his social media post backing “universal high inc...
Economy

/ 1 day ago

Cars drive past a sign of Meta, the new name for the company formerly known as Facebook, at its headquarters in Menlo Park, California, U.S. October 28, 2021. (Reuters/File)

Meta Targets May 20 for First Wave of Layoffs, More Cuts Later

Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, three sources familiar wit...
Business

/ 1 day ago

A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025. (Reuters/Arathy Somasekhar)

Oil Falls by 13% After Iran Declares Strait of Hormuz Open

Oil prices plunged by about 13% on Friday after Iran’s foreign minister said passage for all commercial vessels through the Strait of ...
Economy

/ 2 days ago

U.S. President Donald Trump walks to speak to reporters as he arrives at Miami International Airport in Miami, Florida, U.S., March 27, 2026. (Reuters/Elizabeth Frantz)

Trump Tries Economic Reset as Republicans Fret Over High Gas Prices

President Donald Trump will look to brush off concerns about the economy and the sagging political prospects of his Republican Party during ...
Economy

/ 3 days ago

Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S., January 13, 2026. (Reuters/Brendan McDermid)

Wall Street Indexes Open Higher as Mideast Diplomacy Hopes, Earnings Lift Sentiment

Wall Street’s main indexes opened higher on Thursday on rising hopes that the worst of the Middle East conflict had passed, while a wa...
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/ 3 days ago

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo

Oil Prices Rise on Doubts US-Iran Peace Talks Will Ease Hormuz Disruption

Oil prices rose over 1% on Thursday, reversing earlier declines as the market questioned whether peace talks between the U.S. and Iran would...
Economy

/ 3 days ago

A logo is displayed at the Nasdaq stock market site in New York City, U.S., April 7, 2025. (Reuters/Kylie Cooper)

Nasdaq Sets Record Highs as Investors Return to Tech Stocks

The Nasdaq hit an intraday all-time high and closing record on Wednesday, its first since October, as investors returned to technology stock...
Economy

/ 3 days ago

Jerome Powell, the Federal Reserve chair, arrives to testify on Capitol Hill in Washington, Feb. 11, 2025. President Donald Trump vowed on April 15, 2026 to fire Powell if he opted to stay on at the Federal Reserve after his term as chair ends. (Haiyun Jiang/The New York Times)

Trump Threatens To Fire Powell if He Does Not Resign From Fed

President Donald Trump on Wednesday vowed to fire Jerome Powell if he opted to stay on at the Federal Reserve after his term as chair ends, ...
U.S.

/ 4 days ago

A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. (Reuters File)

Oil Steady as Hormuz Shipping Constraints Counter US-Iran Peace Hopes

Oil prices were little changed on Wednesday after U.S. President Donald Trump said the war with Iran could end soon, telling the world to wa...
Economy

/ 4 days ago

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