In a surprising move on March 10, 2024, Kazakhstan’s central bank announced a significant increase in its key interest rate, jumping from its previous level to an impressive 16.5%. This decision aims to combat rising inflation that’s been affecting the everyday lives of people across the country. What Sparked the Rate Hike? The central bank’s […]

In a recent address at the Economic Club of New York, Treasury Secretary Scott Bessent shed light on the challenges facing the U.S. economy. He highlighted that the economy might be entering what he called a ‘detox period’ due to a significant shift away from government spending towards private sector investment. Bessent gently warned that

In a world where homeownership dreams can sometimes seem out of reach, the current mortgage rates bring a mix of hope and uncertainty. As of March 8, 2025, the average mortgage rates have held steady, providing some stability for homebuyers and those looking to refinance their homes. Let’s take a closer look at what these

In an astonishing turn of events, Elon Musk, the high-profile businessman known for his role at the helm of Tesla and SpaceX, has seen his personal fortune shrink dramatically. Reports indicate that Musk’s net worth has plummeted by over $156 billion, primarily due to a substantial decline in Tesla’s stock price. This staggering drop, part

Recently, a wave of excitement has surged through the stock market, especially surrounding Palantir Technologies Inc., a company that’s known for its cutting-edge artificial intelligence technologies and big data analytics. Investors were thrilled when Palantir released its fourth-quarter earnings report, revealing that the company had not only met but exceeded expectations in a big way.

Palantir Technologies Inc. has recently wowed investors with a stunning earnings report that surpassed expectations and a bright revenue forecast for 2025. Based in Denver, Palantir is making waves in the tech world, particularly with its advancements in artificial intelligence (AI). As AI continues to grab headlines, Palantir’s strong performance has sent its stock price

In a dramatic turn of events for investors today, the stock market fluctuated wildly after President Donald Trump announced new tariffs on imports from Canada, Mexico, and China. However, the situation took a different direction when it was revealed that Trump had decided to delay the tariffs on Mexico by a month, easing initial fears

President Donald Trump is moving forward with plans to impose tariffs on imported goods from Canada and Mexico starting this weekend. This decision is part of a strategy intended to boost American businesses by taxing foreign imports and aims to raise revenue while addressing trade imbalances. But what does this mean for everyday Americans? Why

Exciting news came out of IBM today, as the company’s stock soared by almost 14% following a strong earnings report for the fourth quarter of 2024. This jump in value happened right after the company reported its earnings, which exceeded what many analysts expected. While some numbers showed only modest growth, IBM’s focus on artificial

Tesla, the well-known electric car company, recently shared its earnings report for the last part of 2024, and the news isn’t quite as bright as many hoped. The company reported a profit of $2.3 billion, which sounds good, but it’s a sharp drop from the $7.9 billion profit they made in the same time last