Newly elected US President Donald Trump kicked off his term with a bang. He announced a $100 billion plan to fund artificial intelligence (AI) infrastructure. The plan had some big tech players on board, like OpenAI, SoftBank Group Corp. , and Oracle Corp. But there was a surprise name in the mix—MG
China's financial regulators have introduced a series of measures to encourage big state-owned funds and insurers to buy more stocks. The aim is to support a struggling stock market. On Thursday, the chairman of the China Securities Regulatory Commission, Wu Qing, announced that large insurance comp
At the World Economic Forum, President Trump sent a clear message to global leaders: invest in American manufacturing and enjoy low taxes, or face tariffs. He touted his administration's actions and promised changes based on what he saw as his mandate from the American public. Trump also suggested t
Stocks are soaring, with the S&P 500 reaching its highest point ever. This uptick follows a drop in the 10-year Treasury yield, which has been fueling the market's growth. However, on Wednesday, the yield slightly increased, going back up to 4. 6%. The dollar also hit a two-week low, causing some fr
During a visit to Washington, D. C. , just before President Donald Trump's inauguration, Stellantis Chairman John Elkann revealed the company's fresh plans for the U. S. These include creating 1, 500 new jobs and reopening a plant in Illinois to manufacture a new midsize pickup truck by 2027. Additi
President Donald Trump is set to announce a massive investment in artificial intelligence (AI), worth up to $500 billion. This project, called Stargate, is a partnership between tech giants OpenAI, Oracle, and SoftBank. The goal? To build the infrastructure needed for AI development, starting in Tex
Investing can be a rollercoaster. You might have heard of "HODLing, " which means holding onto an investment, especially in cryptocurrency, regardless of short-term price fluctuations. For some, this strategy has paid off big time. Take Bitcoin, for example. In 2013, it was trading around $950. Now,
Netflix has decided to raise its prices after adding a record 19 million new subscribers in the last three months of 2024. This brings their total global subscribers to 302 million. The company credits its success to big events like the Mike Tyson vs. Jake Paul boxing match and NFL games, as well as
Maverick Carter, the business partner of NBA superstar LeBron James, is now playing a key role in a big initiative. A group of investors is trying to raise a staggering $5 billion to start a new international basketball league. This league aims to be a rival to the NBA by having six men's teams and
Ever thought about investing more in bonds to boost future returns? Vanguard is suggesting just that. They've created a model portfolio that leans heavily on fixed income, with about 60% in bonds and 40% in stocks. This is different from the typical 60/40 portfolio. Why? Vanguard believes higher bon
