Former Federal Reserve Chairman Alan Greenspan Dies at 100
Alan Greenspan, the influential former chairman of the U.S. Federal Reserve who guided American monetary policy for nearly two decades, has died at the age of 100, marking the end of a significant chapter in modern economic history.
Higher Prices for Gas, Groceries and Flights Will Likely Outlast the Iran War
Even as a peace agreement begins to ease tensions surrounding the Iran conflict, consumers are expected to continue facing elevated prices for gasoline, groceries, airline tickets, and everyday goods due to lingering disruptions in global energy, transportation, and supply chains.
Florida Sues OpenAI and CEO Sam Altman Over Alleged Concealment of ChatGPT Risks
Florida has reportedly filed a lawsuit against OpenAI and CEO Sam Altman, accusing the artificial intelligence company of concealing significant risks associated with ChatGPT, intensifying legal and regulatory scrutiny surrounding the rapidly expanding AI industry.
Tariffs catch up to resurgent Build-A-Bear, overshadowing financial performance
Rising tariffs are beginning to weigh on Build-A-Bear just as the company shows renewed momentum. The added costs threaten to overshadow its recent financial gains.
FACT FOCUS: Trump says tariffs can eventually replace federal income taxes. Experts disagree
Donald Trump claims tariffs could eventually replace federal income taxes, but economists say that’s unrealistic. Experts note tariffs can’t generate enough revenue to fund the government.
Wall Street Climbs Near Record Highs as Investor Confidence Strengthens
Wall Street has pulled near its all-time high amid positive economic data and investor confidence. Markets remain upbeat despite ongoing global uncertainties.
Building an emergency fund can feel daunting, but these tips can help
Building an emergency fund may seem overwhelming, but practical strategies can make it easier. These tips help individuals save steadily and prepare for unexpected expenses.
Nvidia earnings clear lofty hurdle set by analysts amid fears about an AI bubble
Nvidia’s latest earnings surpassed high expectations set by analysts, easing concerns about an AI-driven market bubble. Strong demand for AI chips contributed to the robust performance.
U.S. trade deficit drops 24% in August as Trump’s tariffs reduce imports
The U.S. trade deficit fell 24% in August, largely due to reduced imports amid Trump-era tariffs. Analysts note that trade tensions are impacting the flow of goods into the country.