The Money Maniac
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If there’s one word that sends shivers down economists' spines, it’s stagflation—a nightmarish combo of stagnant growth and high inflation. And this week, that fear came roaring back.
If there’s one recession indicator that gets Wall Street buzzing, it’s the yield curve—and last week, it inverted again.
Forget winning the visa lottery—Trump wants to sell Gold Cards to the ultra-rich. For $5 million, non-U.S. citizens (and maybe even corporate sponsors) could buy U.S. residency, with a potential path to citizenship.
The S&P 500 and Dow just suffered their biggest drop of the year—as Walmart’s grim outlook, falling consumer sentiment, and renewed inflation and tariff fears spooked investors.
Hedge fund manager James Fishback proposed using 20% of DOGE’s spending cuts to send every taxpaying household a check—funded exclusively through savings.
AI-driven ads are rewriting the playbook. AppLovin’s self-learning ad engine has begun performing beyond just gaming, raking in holiday shopping dollars and boosting eCommerce sales.
Elon Musk and Sam Altman cofounded OpenAI in 2015 with a shared vision: an open, nonprofit AI research lab for the good of humanity. Fast forward to today, and they’re locked in a bitter fight over the future of AI.
Gold demand is off the charts. Central banks are hoarding the precious metal at record levels, pushing prices toward $2,900 an ounce. With rate cuts and tariffs on the horizon, could gold be heading even higher?
For years, China’s e-commerce giants—Shein, Temu, and AliExpress—have had an unfair edge in the U.S. market. That just changed. On Tuesday, Trump shut down the de minimis loophole.
Markets are skittish, sensitive, and running on headlines. A DeepSeek-driven AI panic? Big drop. Strong earnings? Recovery. Trump’s tariff bombshell? Another sell-off.
Monday’s sell-off was one for the history books. The S&P 500 fell 1.5%, the Nasdaq tumbled 3.1%, and over $1.5 trillion in market value vanished. The biggest casualty? Nvidia.
Rocket Lab blasted off after President Trump’s second inaugural address rekindled America’s space race. His call to “plant the stars and stripes on the planet Mars” sent rocket stocks into orbit.
