Tag: software development

Social Security faces a funding shortfall with benefits exceeding tax revenue. Despite Elon Musk's claims of 150-year-old fraudsters, improper payments are minimal. Solutions include raising taxes, trimming benefits for high earners, or a comprehensive plan like Brian Riedl's. Musk's commission may be seeking savings to fund Trump's tax cuts, raising concerns among good-government watchdogs.

Published on: February 19, 2025, 11:02 AM UTC

Inflation Calculator: See how inflation erodes your savings. Calculate how much your savings lose in real terms due to inflation.

Published on: February 19, 2025, 08:00 AM UTC

HSBC's staff cuts and unchanged bonus pool reflect new CEO's cost-focus and Asia restructuring strategy, as the bank beats profit estimates.

Published on: February 19, 2025, 07:00 AM UTC

JP Morgan upgrades Singapore equities to overweight, citing attractive valuations, high dividends, and government initiatives to boost the stock market, setting a target of 4,200 for the benchmark index.

Published on: February 19, 2025, 03:01 AM UTC

Intel shares surge 16% on potential deals with Broadcom and TSMC, Intel's stock has jumped 38.5% over the past five days, the largest gain in the company's history as a public company.

Published on: February 19, 2025, 02:02 AM UTC

Japan's exports increased by 7.2% in January, influenced by increased demand before the implementation of protectionist policies by the US. Exports to the US grew by 8.1%, while those to China declined by 6.2%. The trade deficit reached ¥2.76 trillion, primarily due to rising imports. Japan faces uncertainty amid global trade concerns, with potential impacts from US tariffs on automobiles and other products.

Published on: February 19, 2025, 02:00 AM UTC

Elon Musk's controversial role in the Trump administration has damaged Tesla's brand image, leading to protests and declining sales. A Quinnipiac poll shows voters disapprove of Musk's actions, and an American EV Jobs Alliance survey found EV drivers gave him a negative rating. Tesla employees reportedly fear Musk has damaged the company's brand, and January sales have fallen in Germany, France, Norway, and the UK.

Published on: February 19, 2025, 12:02 AM UTC

Elon Musk's commission targeting Social Security has raised concerns, but the program faces a funding shortfall due to the ratio of workers to retirees. The solution lies in either higher taxes, benefit cuts, or a combination. Musk could help by leveraging his platform and advocating for reforms, but his motives may be aligned with Trump's tax cuts rather than improving government efficiency.

Published on: February 19, 2025, 12:02 AM UTC

Intel stock soars 16% on rumors of potential deals with Broadcom and TSMC that could split the chipmaker into two separate entities.

Published on: February 19, 2025, 12:01 AM UTC

Billionaire investor Bill Ackman's Pershing Square makes a revised bid to buy Howard Hughes Holdings (HHH), aiming to acquire 48% of the company and transform it into a diversified holding company, similar to Berkshire Hathaway.

Published on: February 19, 2025, 12:01 AM UTC