Explore business insights, trends, and tips to boost success and stay competitive.
Economy
With Donald Trump elected as president, the Federal Reserve has surprised some economists by announcing another interest rate cut, lowering the federal funds rate by a quarter point. This decision reflects the Fed’s focus on addressing persistent inflation concerns while considering the broader economic landscape. Fed Chairman Jerome Powell
Investing
Investing can be a path to wealth, but it’s often a bumpy road for beginners. Mistakes are part of the learning process and can offer valuable lessons. Here are 5 common investing mistakes and the insights they can provide. Mistake 1) Skipping Diversification * Mistake: New investors often put all
Taxes
The re-election of Donald Trump has reignited discussions about tariffs and their potential impact on U.S. businesses. During his campaign, Trump proposed imposing a 60% tariff on Chinese goods and a 10% to 20% tariff on all other imports. These measures aim to protect domestic industries and reduce trade
Branding
OpenAI has acquired the premium domain name Chat.com, marking a significant step in the company’s ongoing expansion within the AI industry. This acquisition complements OpenAI's previous purchase of AI.com, which directs users to ChatGPT, its widely popular AI chatbot. With Chat.com now under OpenAI’
Food
Starbucks is set to launch its 2024 holiday menu on November 7, introducing a blend of returning favorites and new seasonal offerings. The lineup includes classic beverages like the Peppermint Mocha, Caramel Brulée Latte, Chestnut Praline Latte, and Iced Sugar Cookie Almondmilk Latte. New additions feature the Cran-Merry Orange Refresher,
Economy
Following the re-election of former President Donald Trump, U.S. financial markets have experienced significant movements. Stock futures surged, with the Dow Jones Industrial Average futures rising by approximately 1,300 points (3.1%), the S&P 500 futures increasing by 2.2%, and the Nasdaq 100 futures advancing
Economy
On November 4, 2024, U.S. stock markets experienced a decline as investors prepared for the upcoming presidential election and anticipated the Federal Reserve's interest rate decision. The Dow Jones Industrial Average fell by 257.59 points, or 0.6%, closing at 41,794.60. The S&
Economy
As Americans cast their votes in the 2024 presidential election, financial experts are closely monitoring the U.S. dollar's movements to gauge market reactions to the unfolding results. David Zervos, Chief Investment Strategist at Jefferies, emphasizes that the dollar's immediate response can provide early insights into
Robotics
On November 5, 2024, Amazon launched its Prime Air drone delivery service in the Phoenix metropolitan area, marking a significant expansion of its logistics capabilities. The service operates from Amazon's same-day delivery center in Tolleson, Arizona, and offers customers in the West Valley region the option to receive
Data Analytics
Palantir Technologies Inc. reported strong third-quarter 2024 earnings, driven by increased demand for its AI and data analytics platforms. The company achieved a 30% year-over-year revenue increase, reaching $725.5 million, surpassing analyst expectations of $703.4 million. This growth was fueled by significant gains in both government and commercial
Automotive
General Motors (GM) has ascended to the second position in U.S. electric vehicle (EV) sales, surpassing Ford in the third quarter of 2024. GM reported a record 32,095 EV deliveries during this period, marking a 60% increase from the same quarter last year and a 46% rise from
Finance
As the U.S. presidential election approaches, investors are closely monitoring its potential impact on the stock market. Historically, markets have experienced increased volatility during election periods due to policy uncertainties and anticipated shifts in economic direction. According to Kiplinger, "volatility typically spikes as we approach an election,"