The UK's money situation is a hot topic right now. A big shot from the Office for Budget Responsibility (OBR), Prof David Miles, said the chancellor, Rachel Reeves, wasn't being dishonest when she talked about the tough money situation before the Budget. Even though the OBR's latest report showed t
Bitcoin and gold are both valuable assets, but which one will shine brighter in 2026? A well-known economist and crypto expert, Alex Krüger, thinks Bitcoin will do much better than gold in 2026. He shared this prediction on a social media site, saying that Bitcoin will perform much better than gold
The world economy is in for a rough patch. The World Bank has warned that growth is set to slow down significantly. This is mainly due to the ongoing trade disputes sparked by the U. S. government. The situation is so tense that it might lead to the slowest economic growth since the 1960s. The W
In April, the U. S. saw a slight dip in inflation rates. This is a brief calm before the storm. Why? Because trade tensions are about to heat up. The government and the Federal Reserve have been working hard to keep inflation at a steady 2 percent since the pandemic. They finally saw some relief in
The US economy is facing a tough time. The chances of a recession have gone up because of rising tariffs. This is not good news for anyone. A big bank, Goldman Sachs, thinks there is now a 35% chance of a recession in the next year. This is a big jump from the 20% chance they thought a few months ag
The global economy is in a pickle. Why? Because of trade wars. The Organisation for Economic Co-operation and Development recently shared some worrying news. They said that the tariffs imposed by the United States are causing serious problems. These tariffs are slowing down economic growth both
Rivian, the electric vehicle (EV) maker, recently announced its fourth-quarter earnings for 2024. The company managed to surprise investors by achieving a gross profit of 170 million dollars. This is a big deal because it's the first time Rivian has made a profit in a single quarter. However, the co
Let's dive right in. Big changes might be coming to Medicaid. The government's new efficiency drive, led by Elon Musk, has a huge target on its back: $1 trillion in spending cuts. To put that into perspective, the federal government spent a whopping $6. 75 trillion in 2024. Almost two-third
You might have heard that AI is going to take over the job market. But hold on, one economist says we shouldn’t be too worried just yet. Daron Acemoglu thinks only about 5% of jobs will be replaced or heavily helped by AI in the next decade. So, is all this AI hype getting out of hand? Right now, A
