Will America’s crypto frenzy end in disaster?

Donald Trump’s team is about to bring digital finance into the mainstream

Read more: https://www.economist.com/finance-and-economics/2025/01/26/will-americas-crypto-frenzy-end-in-disaster

#Economics #Finance #Money #Economy #Business

Grok 3 seemingly went live for some users

The next flagship AI model from Elon Musk’s AI company, xAI, might be nearing release. Over the weekend, several users on X, including reverse engineer Alexey Shabanov, reported gaining access to Grok 3, the successor to xAI’s current model, Grok 2, via X’s Grok chatbot app. Before their access was…Read More

Will America’s crypto frenzy end in disaster?

Donald Trump’s team is about to bring digital finance into the mainstream

Read more: https://www.economist.com/finance-and-economics/2025/01/26/will-americas-crypto-frenzy-end-in-disaster

#Economics #Finance #Money #Economy #Business

2025 will likely be another brutal year of failed startups, data suggests

More startups shut down in 2024 than the year prior and a high volume of startup failures will continue, data from multiple sources.
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Do tariffs raise inflation?

Usually. But the bigger problem is that they harm economic growth and innovation

Read more: https://www.economist.com/finance-and-economics/2025/01/23/do-tariffs-raise-inflation

#Economics #Finance #Money #Economy #Business

Wall Street banks plan sale of X debt at a discount

Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion in financing. Morgan Stanley is leading the charge, hoping to sell senior debt at between 90 and 95 cents on the dollar, reports the WSJ.  As n…Read More