The first quarter of 2025 brought good news for Bank of America. The bank's earnings exceeded what experts had predicted. This success was driven by strong performance in areas like net interest income and trading revenue. The bank's earnings per share came in at 90 cents, beating the 82 cents
The solar system is filled with carbon-rich asteroids, but only a tiny fraction of these ever reach Earth's surface. This is a big problem for scientists who study space rocks. They want to understand why so few carbonaceous asteroids make it to our planet. A group of astronomers did some digging an
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 significan
The head of a major finance company was taken aback by the recent tariff announcements from the U. S. president. He joined other finance leaders in expressing worry that these tariffs could lead to a significant economic downturn. He pointed out that the tariffs would affect more than just the stock
BlackRock's first quarter of 2025 was a tale of two outcomes. On one hand, the company's earnings per share exceeded expectations, showing a strong performance in a tough market. On the other hand, the total assets under management fell short of predictions, reflecting the broader market's struggles
The US economy is facing a rocky road ahead. Many top business leaders are worried that the country might already be in a recession. A recession means the economy is shrinking, with less money being spent and fewer jobs available. This can last for several months and is usually marked by a drop in t
The head of the world's biggest investment firm has a stark warning. He thinks a recession is already here. This is not just his opinion. Many other business leaders share this view. They see signs of trouble in various parts of the economy. The airline industry is a good example. It's often seen a
Larry Fink, the head of a major investment company, recently shared some concerning views. He believes that many top business leaders think the U. S. economy is already in a tough spot. They think the economy is in a recession. Fink said this at an event in New York City. He mentioned that one busin
The cost of playing Mega Millions has gone up. Now, it's $5 instead of $2. This change started with the latest draws. The goal? To bring in more money and offer bigger jackpots. The odds of winning the jackpot have improved slightly, from 1 in 303 million to 1 in 290 million. This is a small improve
The Justice Department has made a significant decision in the case of Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson. Attorney General Pam Bondi has directed the interim US attorney for the Southern District of New York to seek the death penalty if Mangione is found gu
