The tech world was in a spin last week. Big names in Silicon Valley were trying to figure out if they'd get a break from Trump's trade war with China. The White House had been flip-flopping for days, leaving tech companies in the dark about whether they'd be hit with massive tariffs. The drama started with a Friday announcement. The government said it would spare te...
The global stock market saw a boost on Monday. This happened after a key figure in the U. S. government decided to relax some tariffs. These tariffs were on electronics. This move brought some relief to investors who had been worried about the impact of these tariffs. The S&P 500 index went up by 0. 8%. This was after a rocky start. The Dow Jones Industrial Average ...
Facebook's CEO, Mark Zuckerberg, recently faced tough questions in a courtroom. The Federal Trade Commission (FTC) is trying to prove that Facebook is a monopoly. They claim that Facebook bought Instagram to get rid of a competitor. The FTC showed emails from 2012. In these emails, Zuckerberg talked about buying Instagram. He said that Instagram was growing fast. He...
The U. S. government recently announced a significant shift in trade policy. This move could lead to new taxes on computer chips and medicines. This decision is part of a broader strategy to protect national security and boost domestic manufacturing. The focus is on items that are vital to the country's well-being and economy. The government has started looking into...
Tax season is here, and the deadline is fast approaching. If you're feeling the pressure and need more time, don't worry. The IRS has options for you. But remember, an extension to file is not an extension to pay. If you owe taxes, you still need to pay them by April 15 to avoid penalties and interest. First things first, let's talk about how to get that extension. ...
Intel is making a big move to reshape its business. The company has decided to sell most of its Altera chip division to the investment firm Silver Lake. This deal is worth a whopping $8. 75 billion. Altera is known for making chips used in wireless tech, cars, and other gadgets. This sale is a significant change from Intel's past strategy. Back in 2015, Intel bought...
Car companies saw a boost in their stock prices during Monday's trading. This happened after the U. S. President made some remarks about helping out certain car manufacturers. The president met with the leader of El Salvador. During this meeting, he mentioned that some car companies need more time. They need this time to shift their production to the United States. T...
The global economy is feeling the heat of an ongoing trade war. In a surprising move, the U. S. President hinted at a possible pause on auto tariffs. This shift comes after he had previously imposed a 25% tax on imported cars. The idea is to give car manufacturers some breathing room to adjust their supply chains and potentially move production to the U. S. This ...
Europe has long grappled with China's economic might. Now, a new challenge looms. China churns out a wide range of goods at artificially low prices. These include everything from electric vehicles to steel. For years, the United States was the main buyer of these products. But now, with tariffs imposed by the United States, Europe might see a surge in these cheap imp...
A major shift is happening at Intel. The tech giant has decided to sell a big chunk of its Altera division. This move is part of a broader strategy to turn things around. Intel is selling 51% of Altera to a company called Silver Lake. The deal is worth a whopping $4. 46 billion. This is a significant step for Intel, especially under its new leadership. This sale is ...