Tag: online business

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Deadly Plane Crash Kills 64, Devastates Families

American Airlines CEO expresses condolences after deadly plane crash

Fed Keeps Rates Steady, Tech Stocks Slide

Tech stocks declined on Wednesday after the Federal Reserve left interest rates unchanged, maintaining its cautious approach towards inflation. Nasdaq Composite led the decline, reflecting the market's sensitivity to the Fed's hawkish stance. The S&P 500 and Dow Jones Industrial Average also fell, mirroring the broad-based retreat in equity markets.

Average Checking Account Balances by Age, Income, and Education Level

How much should you keep in your checking account? Learn how your checking account balance compares to the average balance by age, income, and education level. Get tips on increasing your balance, including switching to a fee-free account, earning interest, using a budget, and increasing your income.

DeepSeek: The Chinese AI Startup Challenging Silicon Valley and Wall Street

DeepSeek, a Chinese AI startup, unveils reasoning models comparable to OpenAI's for a fraction of the cost, sparking a tech stock sell-off and raising concerns for Nvidia's GPU business.

Billionaire Ray Dalio: US Debt Could Devalue Dollar, Time for Alternative Monies

Billionaire investor Ray Dalio warns of the risks of the US's growing debt and suggests considering alternative currencies like crypto as a store of value.

US Manufacturing Optimism Rises with Trump in Office

US manufacturing sentiment rises to 7-month high as Trump takes office, boosted by optimism over new policies

OpenAI Exclusively Uses Stargate Data Centers for ChatGPT

Stargate, the data center joint venture between OpenAI, SoftBank, and Oracle, will now exclusively serve ChatGPT maker OpenAI.

Mortgage Rates Drop Below 7% for First Time in Six Weeks

Mortgage rates have declined below 7% for the first time in six weeks, bringing some relief to potential homebuyers. However, rates remain near multi-year highs, and tariffs could still lead to increases. Experts see rates staying elevated throughout the year.

Trump's Mexico, Canada Tariffs Hurt Oil, Metals, Aid Gold

Oil and base metals retreat as renewed trade war fears roil markets, while gold rallies on safe-haven appeal.

The unprecedented national debt awaiting Trump

Donald Trump's debt management as a real estate developer differs from the challenges he faces as president with the national debt. The public debt has grown to $36 trillion, raising concerns about refinancing options, federal bankruptcy, and rising borrowing costs. The debt ceiling and potential downgrades add further complications, while tax cuts and spending reductions may become more difficult to implement due to the size of the debt.