Category: News
Musk’s xAI in Talks With Saudi-Backed Humain for Massive Data Center Deal
Musk’s xAI in Talks with Saudi-Backed Human for Major Data Center Lease Elon Musk’s artificial intelligence startup, xAI, is engaging in early-stage discussions to lease [more…]
How GameStop Turned a Stapler Mishap into a $250K Auction Win
GameStop’s ‘Staplegate’ Incident: Damaged Nintendo Switch 2 Auctions for $250,000 On July 16, 2025, GameStop announced that a damaged Nintendo Switch 2 console from the [more…]
Trump: U.S. to Maintain 25% Tariff on Japan, Eyes Trade Deal with India
Trump’s Latest Tariff Update: Sticking with 25% on Japan, Potential Deal with India On July 16, 2025, President Donald Trump stated that the United States [more…]
Why Big Banks Thrived Amid Q2’s Wild Stock Moves
Q2 2025 Stock Market Overview: Volatility and Its Impact The second quarter of 2025 (April to June) was marked by significant market turbulence, primarily driven [more…]
Hassett leads the race for Trump’s new Fed chairman, Powell’s successor emerges
On July 15, 2025, Bloomberg reported that Kevin Hassett, a longtime economic advisor to President Donald Trump and current director of the National Economic Council, [more…]
Trump says he has no plan to fire Powell, three major stock indexes fluctuate: Dow, S&P, and Nasdaq diverge
Stock Market Overview on July 16, 2025 U.S. stock markets experienced a volatile session today, with major indices wavering amid mixed economic data and political [more…]
Stellantis terminates hydrogen fuel cell R&D project and shifts to electric hybrid strategy
As of July 16, 2025, Stellantis N.V., the multinational automaker behind brands like Fiat, Peugeot, Citroën, and Jeep, has discontinued its hydrogen fuel cell technology [more…]
Oil Ticks Higher on Signs of Market Tightness, Brent Nears $69
Oil Ticks Higher as Traders Focus on Signs of Market Tightness As of July 16, 2025, oil prices edged upward after a two-day decline, with [more…]
June CPI Rises 2.7% as Tariff Risks Cement Fed Pause”
June Inflation Data Reaffirms Fed Pause as Tariff Uncertainty Grows As of July 16, 2025, the Bureau of Labor Statistics (BLS) released the June Consumer [more…]
Trump Signs Executive Order to Open 401(k) Plans to Private Markets, WSJ Reports
As of July 16, 2025, President Donald Trump has signed an executive order aimed at expanding access to private market investments, such as private equity, [more…]