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Investment
FTC loses appeals court bid to temporarily block Microsoft-Activision deal
Satya Nadella, CEO of MicrosoftCNBCIn a victory for Microsoft, the U.S. Appeals Court for the 9th Circuit late on Friday denied the Federal Trade Commission's motion to temporarily stop Microsoft from closing its $68.7 billion…
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Virgin Islands says JPMorgan should pay damages in Epstein case
The government of the U.S. Virgin Islands in a court filing Friday estimated that it will seek damages of at least $190 million from JPMorgan Chase in a lawsuit accusing the big bank of facilitating sex trafficking by its former…
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Coinbase Wallet launches instant messaging feature
Coinbase Wallet now supports instant messaging across any two Ethereum addresses.
The feature will leverage the XMTP…
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Johns Hopkins economist Steve Hanke
The U.S. no longer has an inflation problem, according to veteran economist Steve Hanke."I think the inflation story is history. One reason for that is that money supply has been contracting on a year-over-year basis by minus 4% in the…
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Twitter rival Threads hits 100M users as Chancer gains momentum
Twitter rival Threads has raced to more than 100 million users days after its launch.
Chancer is a predictive markets…
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China real estate stocks rise as Beijing extends property support measures
A crane with the China Vanke logo at a residential construction site in China, on Sept. 28, 2021.Qilai Shen | Bloomberg | Getty ImagesStock Chart IconStock chart iconReaction from Chinese banks were muted. Hong Kong-listed shares of…
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India to become world’s second largest economy by 2075: Goldman Sachs
India's Taj Mahal At Sunrise.Wolfgang Kaehler | Lightrocket | Getty ImagesIndia is poised to become the world's second-largest economy by 2075, leapfrogging not just Japan and Germany, but the U.S. too, says Goldman Sachs.Currently,…
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Janet Yellen comments on U.S.-China relations during Beijing visit
U.S. Treasury Secretary Janet Yellen addresses journalists in a press conference July 9 capping her four-day Beijing visit. She said "direct, substantive and productive" talks have set relations between the world's two largest economies…
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Cronos partners with Filecoin’s Protocol Labs to boost Web 3 adoption
Cronos Labs announced a major partnership with Protocol Labs, the creator of Filecoin, the popular decentralized storage…
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Germany’s economy is stagnating. And these 5 charts show how
Germany entered a technical recession on May 25, and economists have predicted that GDP growth is set to stagnate for the rest of the year, painting a gloomy picture for Europe's largest economy.Anadolu Agency | Anadolu Agency | Getty…
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