Imagine a world where big tech companies are racing to outspend each other. Well, that's exactly what's happening. Amazon is leading the charge. They are spending over $100 billion and still plan to spend even more. This is largely to build more data centres . There is a good reason for this. T
People in the US are becoming increasingly worried about inflation. This is not just a worry, but a big concern. A recent survey showed that folks are expecting prices to go up by 4. 3% in the next year. This is the highest expectation in a long time. This is an increase of 1% from last month. T
The United States started 2025 with a hiring slowdown. Although January saw only 143, 000 jobs being added, the unemployment rate fell to 4%, according to U. S. Bureau of Labor Statistics. Experts had expected a higher job increase of 170, 000, alongside a steady unemployment rate of 4. 1%.
Imagine this: Bank shares going up because the Federal Reserve, the central bank, just did something unexpected with the yearly economic challenges banks. Banking experts are seeing less obstacles ahead for the banks in 2025. The Fed just updated the future financial crisis's expected, hypo
So there's big jobs report coming up on an upcoming Friday, and it isn’t going to be as clear-cut as we want. The reason? The government revises its numbers every year, letting old and new numbers intermingle. This is creating a situation ripe for misunderstanding. First, let\`s break this down. T
The Bank of England made a move recently, cutting interest rates for the third time in half a year. This decision came as no surprise, given the weak economic growth and a surprising drop in inflation rates. Britain's economic growth forecast for this year has been lowered, making the recen
In a move that’s sure to grab attention, Trump's tech group, Truth Media, is diving into the investment world. They are planning to launch new investment opportunities. These investing vehicles are for its Truth. Fi brand and will center around Trump's "America First" agenda. Truth. Fi will offer a
Have you heard about the wild ride in the equity market lately? The S&P 500, which is a popular way to track the performance of U. S. stocks, held steady. This is surprising because there's been this drama around tariffs. Tariffs are like additional taxes on goods coming into the country. It's l
Technological startup Nova Credit was finally gaining traction in the financial world when COVID-19 hit. In 2020, Misha Esipov, the company's cofounder and CEO, found himself in a tough situation: Nova Credit designed a service that allowed immigrants to bring their credit history from other countri
When a population grows older, it can impact the number of young people in the workforce. This "demographic dividend" is a fancy term for the boost in economic growth that comes from having lots of workers. As this dividend shrinks, it might affect how innovative a region can be. Why does this matt
