Business + Money

Although American companies wouldn’t usually be so keen to invest in China, there’s a surprising beacon of hope for Beijing as American fast-food chains set their sights on a market of 1.4 billion people. Fast Food Frenzy In the wake of a poor 2023 for the Chinese economy, major American fast-food chains, including KFC, McDonald’s, … Read more

In the last month of 2023, prices unexpectedly went up in the U.S., showing how tricky it is for our economy to recover smoothly. An expert warned that because things are unpredictable, investors need to be more careful with their expectations. A Reminder of Uncertainty The CPI’s 0.3 percent increase in December, reported by the … Read more

Elon Musk’s transformative “everything app,” X (formerly Twitter), has recently revealed a dedicated account, fueling speculation within the crypto community regarding the potential integration of cryptocurrency payments. Potential Beyond Traditional Fiat Currencies This move comes ahead of the anticipated introduction of in-app payment services by mid-2024, raising questions about the scope of these payments beyond … Read more

Trump looks to be storming through the Republican GOP and is by far the favorite to take on Biden in the Presidential race. But what could Trump’s revenge promises and unpredictable personality to do the economy of the U.S.? Here’s what we know. A Return of Trump Looms Donald Trump secured a significant victory in … Read more

Wall Street witnessed a historic moment as the S&P 500 soared to its first record high close in two years, driven largely by optimism in artificial intelligence and technology sectors.  Record-Breaking S&P 500 Close The S&P 500cc, a key benchmark for U.S. stock markets, marked a notable achievement with its highest close since January 2022. … Read more

The U.S. Treasury Department released its final budget results for Fiscal Year 2023, showcasing a deficit over $1.7 trillion, $320 billion higher than the previous year, this is despite claims of a “strong economic recovery.” Yellen and Young’s Optimistic Outlook Treasury Secretary Janet Yellen and OMB Director Shalanda Young attributed the deficit to “falling revenues” … Read more

It was revealed that the U.S. national debt has exceeded $34 trillion and is expected to rise in the trillions over the coming decades, with politicians blaming each other instead of coming up with solutions. $34 Trillion National Debt The U.S. national debt has reached an unprecedented $34 trillion, a historic high according to U.S. … Read more

A judge in Beverly Hills has put a stop to luxury home improvements in the midst of a housing crisis, saying that more affordable housing in the area must come first. Upgrades Cost More Some Affordable Homes For homeowners in Beverly Hills, obtaining a building permit any time soon is going to be difficult. In … Read more

The financial world constantly buzzes with expectations and predictions. The new year has brought little relief from the noise as Wall Street’s optimism over potential interest rate cuts by the Federal Reserve has been a major topic. However, the reality presents a different picture – a delay in these anticipated cuts, could lead to pain … Read more

After a federal judge blocked Spirit Airlines $3.8 billion merger with JetBlue Airways, the airline has been propelled into a challenging phase of decision-making and strategizing for its future. Uncertain Future Spirit’s path ahead is clouded with uncertainty. The blocked merger with JetBlue leaves the airline to confront tough choices, including the search for a … Read more