Oracle's stock has taken a nosedive, dropping 45% from its peak in September. This week alone, it lost 14% of its value after a disappointing earnings report. The company spent a whopping $12 billion on capital expenditures last quarter, way more than the $8. 25 billion analysts expected. To make ma
A movie from 1946 still holds valuable lessons about money and community. It shows how people in a small town dealt with financial fears. This story can teach us a lot about handling money today. The movie shows a man named George who runs a small bank. When people panic and want to take out all th
Many people finish school without ever learning about money or economics. This is a big problem. In 2025, adults in the U. S. still struggle with basic financial questions. They only got about half of the answers right on a test about personal finance. This shows that financial education is not work
Apollo Global Management took a bold step. They decided to bet against some software companies. These companies were thought to be vulnerable to AI. The companies in question were Internet Brands, SonicWall, and Perforce. This wasn't a small move. The loans involved were less than 1% of Apollo's ma
Joliet is looking at some big changes in its 2026 budget. The city plans to add 11 new jobs, with some of them paying over $100, 000. This news comes as the city council gets ready to vote on the budget. The total cost for these new salaries is almost $920, 000. That's a lot of money, but the good
A recent decision by the Pennsylvania Board of Finance and Revenue (BFR) has left a taxpayer feeling victorious. The BFR told the Department of Revenue to take another look at the taxpayer's account and lower the tax bill. The big question was whether the taxpayer was actually living in Pennsylvania
Crypto is growing up. It's not just about making money fast anymore. Now, the big talk is about privacy and who's watching. Governments and regulators are paying close attention to how crypto works and how to keep an eye on it. A big meeting is happening soon. It's not just any meeting. It's a chan
Stablecoins are shaking up the way money moves around the world. They mix the speed of blockchain with the steadiness of regular cash. This could be a big deal for sending money across borders, making it faster and cheaper. Right now, sending money internationally is slow and expensive. It often ta
Carl Rinsch, the director behind the film "47 Ronin, " is in hot water. A jury found him guilty of tricking Netflix out of $11 million. He claimed the money was for his sci-fi series "White Horse/Conquest, " but it seems he had other plans. Instead of finishing the project, Rinsch took the cash and
Türkiye is making progress in its fight against inflation. The finance minister expects the annual rate to drop into the 20% range by February. This is a significant improvement from the 64%-65% seen over the past three years. The government's goal is to bring inflation down to single digits, but th
