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 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
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
