Are you curious why Home Depot keeps thriving no matter what the economy throws at it? Renowned financial expert Jim Cramer has some interesting insights. He calls Home Depot a special stock – both secular and cyclical. That means Home Depot doesn't just rely on economic booms; it can keep growing e
In a move to safeguard sensitive technology, the Biden administration has put the brakes on certain US investments in China's advanced tech sector. This includes industries like semiconductors, quantum computing, and artificial intelligence. After a lengthy review, new rules have been implemented. S
Get ready for a big event! China's parliament is set to meet from November 4 to 8. This isn't just any meeting—investors are eagerly waiting for news about the country's fiscal stimulus. Last year, the same meeting saw China's fiscal deficit jump to 3. 8%, so this year's gathering could bring more c
Governor Gavin Newsom has come up with a new plan to help California's film industry stay strong. He wants to increase the amount of money given as tax credits to movie and TV productions from $330 million to $750 million each year. This could start as early as July 2025, if the state's lawmakers ag
Gold is having a moment in 2024. Its value has skyrocketed by over 30%, hitting an all-time high of $2, 748. 23 this week. What's driving this gold rush? The Federal Reserve's recent interest rate cut, global tensions, and uncertainties around the upcoming US presidential election have all played a
As the US presidential election nears, all eyes are on the race between Kamala Harris and Donald Trump. Initially, Harris seemed to have the upper hand, but the stock market tells a different story. Investors are anxious about the election, and some believe that a stable market in the week leading u
In a surprising turn of events, Evo Morales, the former president of Bolivia, took to social media to share a video showing his car had been shot at. The video, posted on Facebook, depicted Morales in the front passenger seat with two bullet holes visible in the windshield. The driver seemed injured
Sergey Chemezov, a close associate of Russian President Vladimir Putin, has raised an alarm. He believes that most Russian companies might go bankrupt due to the sky-high interest rates. Chemezov, who heads the state-owned Rostec, made these comments while speaking to the Federation Council earlier
It's Halloween season, and the tech world is about to reveal its biggest secrets. Major players like Google, Microsoft, and Meta are set to report their earnings, showing whether their massive investments in artificial intelligence (AI) are paying off or just wasting cash. This earnings quarter, dub
China has made a bold move, offering the Taliban-led Afghanistan tariff-free access to its industries. This could mean big things for both countries. China wants to tap into Afghanistan's rich mineral resources, like lithium and copper, which could help its economy. Meanwhile, the Taliban, who took
