In 2023, Nvidia (NVDA) delivered three successive quarters of stunning financial performance, culminating in a spectacular 240% increase in stock value. This surge dwarfed the…
The 2024 presidential elections in the United States are poised to occur against a backdrop of significant economic challenges and global financial uncertainties. The International…
The United States’ economy is currently navigating a complex landscape characterized by inflationary pressures, evolving monetary policies, and dynamic labor market conditions. Recent data reflects…
Amazon’s recent earnings report for the fourth quarter of 2023 showcased a robust financial performance, reflecting the company’s diverse range of services and global reach.…
In an exciting development, The Walt Disney Company and Epic Games have announced a collaborative project to create a new gaming and entertainment universe connected…
The recent release of key economic data has provided valuable insights into global economic trends, with a particular focus on US inflation, UK GDP, and…
In a recent turn of events, the Consumer Price Index (CPI) report released yesterday signaled a slight easing of inflation, marking a pivotal moment in…
Equities experienced gains on Wednesday, extending the robust uptrend from the preceding session, propelled by more favorable inflation metrics. The S&P 500 advanced by 0.3%,…
Bitcoin approached the $38,000 mark, reaching its highest point since May 2022 early Thursday, buoyed by the anticipation of regulatory approval for a bitcoin exchange-traded…
On Thursday, the S&P 500 concluded an eight-day winning streak, facing a 0.81% decline and closing at 4,347.35. Simultaneously, the Nasdaq Composite experienced a 0.94%…
Chipotle Mexican Grill announced quarterly earnings that exceeded expectations, driven by heightened menu prices for its burritos and bowls. Following this news, the company’s shares…
In the third quarter, Chevron reported a profit that significantly undershot Wall Street estimates, causing its pre-market share price to decline. Oil company earnings have…
On Sunday, local United Auto Workers (UAW) union leaders gave their nod to a tentative agreement with Ford Motor. The accord encompasses a substantial $8.1…
The pharmaceutical sector, known for its stability, has been recently disrupted by a series of unanticipated nonunion “wildcat strikes.” These spontaneous labor actions have emerged…
The world of work is changing rapidly, and October 2023 has seen a number of developments that underscore this trend. One significant development is the…
Central banks around the world are raising interest rates in an effort to combat inflation. Inflation has reached its highest level in decades in many…
Microsoft announced this week that it will acquire Nuance Communications for $19.7 billion. Nuance is a leading provider of speech recognition, artificial intelligence, and natural…
The United States Bureau of Labor Statistics reported on September 13, 2023 that the Consumer Price Index (CPI) for August rose 8.3% year-over-year, the highest…
Google has announced that it will invest $1 billion in renewable energy projects over the next five years. This investment is part of Google’s commitment…
The Federal Reserve raised interest rates by 75 basis points on Wednesday, the largest increase since 1994. The move is an effort to combat inflation,…
Running out of cash and unable to find a suitable partner, Lordstown Motors anticipates ending the production of its Endurance pickup trucks unless it can…
Many millennials are not factoring Social Security benefits into their retirement planning due to the belief that the retirement and disability program is going bankrupt.…
Apple’s new high-yield savings account has already attracted almost $1 billion in deposits within four days of its launch. The savings account, offered in partnership…
In recent years, alternative currencies such as Bitcoin, Dogecoin, and Ethereum have gained popularity through social media and word-of-mouth. However, not all alternative currencies are…
Chegg (CHGG), its ticker symbol, is an online education service that provides answers to homework and test questions submitted by students around the world. In…
The US government is investing heavily in infrastructure, using the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA) to allocate $1.25tn…
Carvana is a popular online used car retailer that has disrupted the traditional car buying process by offering a completely online experience that is both…
Zimbabwe will launch a digital currency backed by gold reserves in May to stabilize its faltering national currency, the Zimbabwe dollar. The tokens will be…
Bud Light’s partnership with transgender actress and comedian Dylan Mulvaney to promote its beer brand as part of a March Madness-related promotion has sparked backlash…
There is a growing focus on the development of more affordable electric vehicles (EVs) that will make EVs more accessible to mainstream consumers. While the…
NASA’s Space Launch System (SLS) has been touted as the most powerful rocket in the world, but SpaceX’s Starship, a 400-foot-tall behemoth with 33 first-stage…
The Biden administration is proposing ambitious regulations on auto pollution, aiming to have electric vehicles make up as much as 67% of new passenger cars…
India is increasing its presence in the space industry, taking advantage of the geopolitical isolation of China and Russia to present itself as a reliable…
With the world still recovering from Covid and the escalation of tension among countries, debt restructuring has become a prime issue of the World Bank.…
Brazil and China have made a deal to exchange payments without first converting their currencies into US dollars. The deal marks the latest victory for…
Playing sports is a big part of American culture, bringing people together from all walks of life over the universal connection of competition and companionship.…
TikTok has dismissed reports that the Biden administration has demanded its Chinese owners, ByteDance, to sell their stakes in the app on national security grounds…
Officials from the government and Federal Reserve recently held a closed meeting to discuss the safety of the banking system after customers withdrew almost $100…
The US National Highway Traffic Safety Administration (NHTSA) has launched a probe into the self-certification of a robotaxi without traditional driving controls by Zoox, Amazon’s…
From lending to cab owners and financing many of former President Trump’s projects. Signature Bank prided itself on investing and lending in areas where other…
Costing seven trillion dollars and producing nearly 300 missile launch sites, the American Nike Missile Project was the world’s first guided nuclear surface-to-air missile (SAM)…
Ford has launched a new subsidiary, Latitude AI, which will develop advanced driver assistance systems to enable semi-autonomous driving. Ford’s CEO Jim Farley said the…
The Biden administration is developing a new program to restrict U.S. investment in certain sectors in China, with a focus on advanced technologies that could…
In his annual letter to shareholders, billionaire investor Warren Buffett expressed confidence in the U.S. economy and his company Berkshire Hathaway, urging investors to focus…
Oil markets have undergone significant changes since Russia’s invasion of Ukraine in February 2022. Russia used to export oil to Europe, but now most of…
US technology firms Anduril and Palantir are playing a key role in providing Ukraine with battlefield AI technology. Anduril is developing surveillance towers, drones, unmanned…
The Supreme Court is hearing two cases related to President Biden’s student loan forgiveness plan, which could prevent millions of Americans from having thousands of…
Lawmakers, business leaders, and academics in the US are pushing for a four-day work week, with a bill recently introduced in Maryland to incentivize companies…