On May 20, 2025, the stock market experienced a shift. The previous day's gains were not enough to keep the momentum going. The S&P 500, which had been on a winning streak for six days, finally took a pause. It dropped by 0. 39%, closing at 5, 940. 46. The tech-heavy Nasdaq Composite also saw a slig
The stock market has been on a wild ride lately. The reason? A mix of President Trump's ongoing trade disputes and a massive spending bill that Republicans are pushing through Congress. This bill could add a whopping 3. 3 trillion dollars to the national debt over the next ten years. That's a lot of
In the United States, a notable trend is unfolding in the medical field. Doctors are increasingly joining forces, and this isn't a rare occurrence. Over a six-year span, a staggering 2019 mergers took place between various doctor groups. These mergers involved a wide range of practices, from small s
The US government's borrowing costs have seen a recent surge, reflecting ongoing economic concerns. The interest rate on long-term US government debt briefly exceeded 5% before slightly easing. This spike came shortly after Moody's, a credit rating agency, lowered the US government's credit rating.
The United States faced a significant credit rating downgrade. This is not the first time this has happened. The last two times were in 2011 and 2023. This time, it was Moody's turn to lower the rating. They dropped the US credit rating from Aaa to Aa1. This change sent shockwaves through the f
The leader of a major US bank, Jamie Dimon, has a warning for investors. He thinks markets and central banks are not paying enough attention to serious risks. These risks include huge government deficits, trade tensions, and the possibility of higher inflation. Dimon shared his thoughts during a mee
The Buccaneers have a secret weapon in their lineup, and his name is Baker Mayfield. He's currently in the second year of a three-year deal worth $100 million, which is a steal for the team. They're paying him $33. 3 million per year, which is a bargain for a top-10 quarterback. This year, his cap n
Monday was a rough day for financial markets. Investors were in a selling mood, dumping U. S. stocks, bonds, and even the dollar. This triple whammy is a clear sign that confidence in the world's biggest economy is waning. The S&P 500 index took an early hit, dropping by about 1 percent in New York
The world of crypto has seen a massive change in the United States. For a long time, crypto was seen as a risky and shady investment. It was popular among tech enthusiasts and criminals alike. The market was known for its extreme highs and lows. Just two years ago, the top crypto exchange, FTX, cras
Tesla's new Model Y is facing a tough time winning over customers. This is despite the fact that the company rolled out a refreshed version in January. The car maker is now offering big incentives to lure buyers. Some financing deals for the new Model Y come with a 0% interest rate. This is unusual
