Stock Surge Propels Ellison Past Musk In a dramatic single-day shift, Larry Ellison has officially surpassed Elon Musk to become the world’s richest person. Oracle’s stock surged by over 40%,…
Economic Growth Almost Pauses in August August delivered a jarring wake-up call—the U.S. added a mere 22,000 jobs, a sharp miss compared to economists’ forecast of approximately 75,000 new positions.…
The Deal: U.S. Takes 10 % Stake in Intel On August 22, 2025, President Donald Trump announced that the U.S. government would acquire a 10 % equity stake in Intel,…
Markets Falter as Producer Prices Jump 0.7% in July A sharp rise in the U.S. Producer Price Index (PPI) has rattled markets—producer prices climbed 0.7% in July, marking the sharpest…
In a development that has stirred financial markets and investors alike, Warren Buffett’s Berkshire Hathaway announced a staggering $3.8 billion write-down on its investment in Kraft Heinz, marking one of…
Overview: A Policy Decision That Speaks Volumes The Federal Reserve has opted to keep its benchmark interest rate unchanged for the fifth straight meeting, reflecting a cautious approach amid inflation…
