Tag: culture

Trump's actions as president aim to cut spending and finance tax cuts. Targets include foreign aid, healthcare, and even eliminating the penny, while increasing tariffs and exploring budget reductions with efficiency czar Elon Musk. These moves face challenges from congressional limits, market concerns, and legal hurdles, testing the limits of libertarianism in government.

Published on: February 11, 2025, 02:03 PM UTC

Leidos beats Q4 earnings expectations, boosted by rising military spending and strong weapons demand amid geopolitical tensions.

Published on: February 11, 2025, 12:00 PM UTC

US stocks rebounded Monday as investors looked beyond President Trump's latest tariff threats, including new levies on steel and aluminum imports. The Dow Jones Industrial Average (^DJI) added nearly 0.4% after the blue-chip index on Friday booked its worst loss in nearly four weeks. The S&P 500 (^GSPC) rose roughly 0.6%, while the Nasdaq Composite (^IXIC) popped nearly 1% as shares of AI chip giant Nvidia (NVDA) surged 3%, along with other tech stocks.

Published on: February 11, 2025, 08:02 AM UTC

Gold hits record high above $2,900 as trade war fears escalate, with analysts bullish on the safe haven asset.

Published on: February 10, 2025, 10:03 PM UTC

Elon Musk's team will visit the US government's central accounting system in West Virginia to gain read-only access.

Published on: February 09, 2025, 12:00 AM UTC

The Trump administration is prioritizing stablecoin regulation as the opening move of its pro-crypto push. Stablecoins, which are cryptos pegged to fiat currencies, are viewed as a way to ensure dollar dominance.

Published on: February 08, 2025, 10:00 PM UTC

India's central bank cuts interest rates for the first time in five years, while the government unveils historic tax cuts to address the country's slowing economy.

Published on: February 08, 2025, 08:00 AM UTC

The US-China trade war heats up, with Apple, Google, Intel, and Nvidia facing antitrust probes in China. Apple faces pressure from both countries, while Nvidia's AI chip sales in China are under scrutiny. Google and Intel could also face challenges, with Intel particularly vulnerable due to its significant revenue from China.

Published on: February 07, 2025, 04:01 PM UTC

Savings accounts can still pay decent returns, despite falling interest rates. Flagstone's Claire Jones recommends different accounts for different scenarios, considering factors such as access to funds, investment duration, and tax implications.

Published on: February 07, 2025, 04:01 PM UTC

Elon Musk's position in the Trump administration has led to declining public support, with a significant drop among Republicans. Despite this, Musk's disruptive approach to government efficiency has made him both supporters and detractors, with legal challenges mounting against his actions.

Published on: February 07, 2025, 09:01 AM UTC