Economy
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Home Sales Surged Because Apparently Americans Are Now Addicted to Mortgages.
In July 2024, the U.S. housing market experienced a significant uptick in new home sales, reaching an annual rate of…
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Snowflake Inc. (SNOW) Tops Q2 Earnings and Revenue Estimates
Snowflake Inc., known in the stock market as $SNOW, has shown a dynamic performance in its recent earnings reports: –…
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C3.ai, Inc. (AI) Gains But Lags Market: What You Should Know
For investors looking at C3 AI’s upcoming earnings report, here are some key points to consider: 1. **Revenue Growth**: C3…
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Nvidia Stock Drops Ahead of High-Stakes Earnings Report
Wall Street investors are keenly anticipating Nvidia’s upcoming earnings report, and here’s what they’ll likely be focusing on: 1.Revenue and…
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US orders inspections of Boeing 787 planes following midair plunge
Federal Aviation Administration orders inspections after mid-flight dive blamed on random movement of pilots’ seats. Aviation regulators in the United…
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Reducing the cost of prescription drugs for Medicare patients
The Biden-Harris administration has launched a new initiative aimed at reducing the cost of prescription drugs, claiming it will save…
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Federal Reserve Jackson Hole Meeting
This week, financial markets are keenly focused on the Federal Reserve’s activities, particularly the upcoming speech by Fed Chair Jerome…
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Gold hits $2,500 per ounce, reaching historic highs ever
Gold prices reached a historic high of $2,500 per ounce for the first time, marking a significant milestone. This surge…
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Revolut Valued at $45B in Employee Share Sale
Revolut, a London-based fintech company, has secured a $45 billion valuation in a secondary share sale by employees, making it…
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Inflation Rate Goes Down, The Prices Still Going Up. Experts Are Baffled, By Basic Economics
In a shocking turn of events, experts report that the inflation rate has dropped to 2.9%, leading to widespread confusion…
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