Finance & Economic News

On December 10th, the central bank of the United States, the Federal Reserve, decided to cut interest rates yet again, but with some major caveats. A frontal view of the Federal Reserve, Washington D.C., Investopedia. Wednesday afternoon, after several days of meeting, the F ederal Reserve's Federal Open Market Committee (FOMC) decided to cut its benchmark, federal funds rate by 25 basis points, dropping the target range to 3.5%-3.75% from the previous 3.75%-4.0%. This is se

As the deal between Warner Bros. Discovery and Netflix continues toward realization, the proposed business acquisition has garnered significant opposition by some of the nation's most prominent political leaders. The Warner Bros. logo pictured just outside the studio lot in Burbank California, 2008, Amy T. Zielinski/Getty Images. On December, Netflix agreed to formally purchase Warner Bros.' film and television studies for roughly $82-83 billion, equating to roughly $72 billi

The proposed "Trump accounts," which were first established under the One, Big, Beautiful Bill Act past July, was given a major boost by a donation from two billionaires, increasing the chances for its feasibility by next summer, its expected launch date. Michael Dell, CEO of Dell Technologies (left) and his wife Susan Dell (right) speaking during their White House announcement of a large donation to the "Trump accounts" policy, Reuters. The propose d accounts would include a

With the release of Nvidia's pivotal earnings report on Wednesday November 20th, Nvidia logo on a table, Mariia Shalabaieva/unsplash.com. The chipmaker released its report just yesterday , indicating strong revenue growth to roughly $57 billion, above expectations; this is up 22% from Q2 and 62% YoY. This growth was exceedingly driven by data center revenue, which reached $51.2 billion, up 25% from Q2 and 66% YoY. Earnings-per-share, while less of an overperformance compared

With the launch of Nvidia’s Vera AI platform for AI and HPC, Nvidia has decided to take a huge step and has decided to start selling fully assembled level 10 VR200 compute trays, with all the essential components of a server, including cooling and core components like the GPU, pre-installed, according to J.P. Morgan. This change will give Online Data Management less of a headache when it comes to installing important servers. Nvidia GPUs, www.eziblank.com . In the past, Nvidi

Warren Buffett's Berkshire Hathaway has poured in billions recently into Alphabet Inc. (Google) stock, contributing to its rise on Monday and recovering optimism for a recently lackluster AI industry amid concerns over a potential "AI Bubble." Investors react to the news of Buffett increasing Berkshire's stake in Google to 17.9 million shares, Reuters. While Berkshire has not been a notoriously avid Google investor, in recent months, it has poured much of its capital onto its

More Americans are growing concerned of being victim of a mass layoff, subsequently losing their jobs, according to a new poll by Bloomberg News/Harris, as economic uncertainty looms and AI infrastructure grows more threatening. Photo of woman posing next to "NEED WORK" sign, www.ere.net . The poll for Bloomberg conducted by Harris showed that a whopping 55% of respondents agree that they're concerned of losing their jobs. This comes after numerous polls showing that unaffor

The U.S. Secretary of the Treasury Scott Bessent has recently made worrying statements regarding the state of the housing market as a means of justifying interest rate cuts, as other factors like strong inflation data and weak job growth contribute to the accelerating rise in probability of such cuts in the next few months. U.S. Treasury Secretary Scott Bessent, Jim Watson/Getty Images. Bessent, a strong supporter of the Trump administration's push to cut rates down significa

One of the main hidden costs of having an intellectual disability is the housing option. There are 38 million people in the United States that possess intellectual disabilities, 18 million of which are eligible for housing options but do not receive them. Many, 7 million in the United States, end up living with their parents their entire life. An astounding 52% of heads of households over people with intellectual disabilities are over the age of 55, which shows how their abil

Recent projections by the International Monetary Fund (IMF) have shown that the debt-to-GDP ratio in the United States will surpass that of Greece in Italy by 2030 as tax revenue declines due to the Trump Big, Beautiful Bill passed in 2025. A torn U.S. flag, hairballusa/Getty Images. The projection from the IMF showed that by 2030, the United States of America would have a debt-to-GDP ratio of 143.4, which would rank the second highest of all nations in the world, only below

The Magnificent Seven member and leading cell phone innovator Apple, according to a research firm, outpaced demand for its latest iPhone 17 series and boasted higher earnings, contributing to the surge of its stock price today. The Apple logo, NBC News. According to the research firm Counterpoint , the iPhone 17 lineup outsold the iPhone 16 by 14% YoY, with the iPhone 17 Pro and Pro Max contributing to 75% of these sales, while the base model made up 22% of the sales and the

The ongoing federal government shutdown, now the second longest shutdown in American history, has contributed to the fastest growth of unemployment claims from federal employees since the past shutdown nearly seven years ago. The United States Capitol Building in Washington D.C., www.higheredtoday.org . The shutdown, the second in the overall period which the executive branch was controlled by Donald J. Trump, has contributed to 7,224 unemployment claims (initial) in the wee

President Donald J. Trump today announced that the United States would impose a 100% tariff on all Chinese imports, effective November...

Gold, which has led commodity alternative assets as one of the fastest growing in the market, has recently surpassed 4,000 on the market,...

Consumer confidence of the current economic conditions fell significantly in September as new data shows a softening jobs report and...

Vice Chair Philip Jefferson, one of the biggest names from the Federal Reserve Bank of the United States, sounded the alarm of the labor...

The sales of family homes in the United States rose to their highest level in over 3.5 years as the labor market weakens, causing...

According to a survey from the National Corn Growers Association (NCGA), the vast majority of American farmers believe, at least...

Nvidia announced a $5 billion investment in Intel, making it one of the chipmaker’s largest shareholders with roughly a 4% stake. causing...

Following extensive debate in the Federal Reserve's September meeting, a resolution was decided to cut interest rates by a modest 25...

On September 16th, the Federal Reserve initiated its first wave of meetings, expecting to touch on relative near-future interest rate...

On September 15th, President Donald Trump confirmed a bilateral agreement between the United States and China marking significant...

With the release of the August Consumer Price Index (CPI) report on September 11th, inflation has been shown to have increased once...

As Oracle stock surges by many billions of dollars in the span of a few hours, billionaire Larry Ellison quickly surpassed Elon Musk in...

An updated jobs revision from the U.S. Bureau of Labor Statistics (BLS) has shown that the economy lost a net 911,000 jobs, almost one...