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Top Economy Watch News

German Watchdog Orders Removal of Chinese AI App Deepseek from Apple and Google Stores
DeepSeek · Germany

German Watchdog Orders Removal of Chinese AI App Deepseek from Apple and Google Stores

54% Center coverage: 43 sources
See the Story
Apple Weighs $14 Billion Acquisition of Perplexity AI
Apple · United States

Apple Weighs $14 Billion Acquisition of Perplexity AI

40% Center coverage: 30 sources
See the Story
Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed
Elon Musk · United States

Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed

43% Left coverage: 7 sources
See the Story

Apple's iPhone 16 Push Delivers Rare Growth in China's Cooling Market

67% Center coverage: 3 sources
While China's smartphone sales stall overall, Apple grabbed growth with smart pricing, subsidies, and its broad iPhone 16 lineup.iPhone · ChinaSee the Story

Eight Korean Banks Join to Establish Won-Backed Stablecoin

Coverage: 2 sources
Naver Pay, a mobile payment service operated by internet giant Naver, said Thursday it is ready to take a leading role in Korea's potential won-based stablecoin market, leveraging its extensive digital finance and wallet infrastructure. "There have been active discussions over the past two weeks, but the matter remains cautious as legislation has yet to be enacted," Park Sang-jin, chief executive officer (CEO) of Naver Pay, said during a media e…Regulation · South KoreaSee the Story

Lucid Motors Stock Rises as Q2 Deliveries Rise to Record High - Economy Watch

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Lucid Motors (NYSE: LCID) stock rose over 5% yesterday after the startup electric vehicle (EV) company reported record deliveries for Q2. Here we’ll discuss how the company’s deliveries stack against other EV companies. For Q2 2025, Lucid reported 3,309 vehicle deliveries, marking a 38% increase compared to the 2,39…Newark, California · NewarkRead Article

#Li Autos Strategic Pivot: Navigating Growth Amidst Temporary Setbacks in Chinas EV Landscape

As the electric vehicle (EV) market continues to expand in China, Li Auto Inc. has emerged as a significant player, consistently capturing consumer interest with its innovative approach to new energy vehicles. On June 27, 2025, the company announced a revision in its delivery outlook for the second quarter of 2025. Li Auto now anticipates delivering approximately 108,000 vehicles, a decrease from its earlier projection, which ranged between 123,…Tesla · ChinaSee the Story

Citibank Accused of Ignoring Warnings in Alleged $20M Crypto Fraud Case

100% Center coverage: 1 sources
Citibank has been sued by the claimed victim of a $20 million crypto romance scam, who alleges the bank “failed to detect clearly suspicious transactions” when he sent millions to accounts at the bank.Theft · New YorkSee the Story

The Fed’s Decision Is In. Here’s What What Social Security Cost of Living Adjustment (COLA) Looks Like

57% Left coverage: 7 sources
Jerome Powell · United StatesSee the Story

China May retail sales sharply beat estimates; industrial output misses expectations

50% Left coverage: 20 sources
China’s retail sales growth accelerated in May, data from National Bureau of Statistics showed Monday, in part helped by the two public holidays that fell in last month. China Economy · ChinaSee the Story

Tesla's US Sales Drop 16% In April.

100% Center coverage: 1 sources
Tesla’s (NASDAQ: TSLA) US sales fell 16% in April, based on Automotive News. The car research company uses registrations as a proxy for sales. Key Points Tesla’s Sales Fell Sharply This allows US Rivals To Pick Up Share Take this quiz to see if you’re on track to retire. (sponsored) The sales numbers are better than those in Europe, where sales have fallen by 40% or more in the last several months. Nevertheless, the April US numbers indicate…Elon MuskSee the Story

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