Bitcoin miners face fresh Chinese crackdowns as Xinjiang shutdown cuts hashrate 8%
China’s renewed Xinjiang crackdown has shut down roughly 400,000 ASICs, cutting Bitcoin hashrate by up to 10% and forcing miners…
Tag: shutdown
November’s inflation report is the first to be released after the shutdown
People shop at a grocery store in Brooklyn on Dec. 12, 2025 in New York City. Spencer Platt | Getty…
U.S. inflation was rising before the shutdown. Tardy CPI to show if prices have gotten worse.
The U.S. jobs market isn’t so hot, investors learned this week, but inflation is hotter than anyone would like. Just…
Shutdown Jobs Data Finally Released, and It’s Not Pretty
The grim unemployment numbers had little impact on bitcoin, which was already in the doldrums, but stocks were sent tumbling.…
FAA Chief Defends Flights Cuts During Shutdown, Cites Safety
Cutting flights across 40 major airports during the US government shutdown earlier this year was necessary to protect the safety…
American Air ‘Really Pleased’ With Bookings After Shutdown Ended
American Airlines Group Inc. has seen a rebound that points to a strong first quarter after taking a “substantial” hit…
Saudi Arabia’s Red Sea Film Festival Goes Into Emergency Shutdown Amid Torrential Rains
Light rain typically falls in Jeddah, Saudi Arabia just a handful of times each year, with annual rainfall averaging under…
Inflation didn’t get any worse before government shutdown. Fed seen cutting rates again.
The rate of U.S. inflation stayed stuck close to 3% before the government shutdown, a long delayed report showed, adding…
Southwest Airlines cuts outlook after government shutdown
Planes line up on the tarmac at LaGuardia Airport on Nov. 10, 2025 in New York City. Spencer Platt |…
Southwest Cuts Profit Goal as Shutdown Upends Flight Travel
Southwest Airlines Co. lowered its operating profit target for the full year, citing the fallout from the recent government shutdown…