In the tumultuous world of e-commerce, Amazon continues to reign as a titan, but even giants can stumble. This week, the company reported weaker-than-expected guidance, causing its stocks to slip nearly 2%. With projections for the upcoming quarter estimated between $151 billion and $155.5 billion, the numbers fell short of analyst expectations of $158.5 billion.
Staff Writer
In an era marked by disillusionment over governmental support systems, it would be wise for low- and moderate-income families to reconsider their relationship with tax credits. One startling fact emerges: many taxpayers may be unknowingly forfeiting substantial credits, ranging from hundreds to thousands of dollars. The irony of this situation is striking; amid systemic economic
In an era where traditional investment paradigms are crumbling, Strategy, the corporate titan and major player in the Bitcoin market, is leaning into the chaos with an audacious vision. The company, formerly known as MicroStrategy, has firmly positioned itself as a crypto juggernaut. It is seizing the moment post-election, boldly accumulating Bitcoin at an unprecedented
The promise of a tax-free America, echoed by President Donald Trump during his campaign, seems increasingly like a hollow dream. His audacious proposal to rely solely on tariffs as a means to replace the federal income tax has raised serious eyebrows among economists and policy experts alike. Critics are quick to point out the inherent
In an economic landscape rapidly shaped by political maneuvering, the iconic toy company Mattel finds itself teetering on the brink of a precarious situation thanks to newly imposed tariffs. When President Donald Trump announced a 10% tariff on Chinese goods, it sparked an alarm for an industry that relies so heavily on overseas production. With
Currently, potential homebuyers are caught in a paradox as they look toward the spring housing market with a mix of hope and apprehension. Despite the hope for more listings, mortgage rates have remained stagnant, showing little movement recently. This state of limbo leaves many feeling uninspired to start the home-buying journey. The average loan size
TotalEnergies has recently found itself in the eye of a financial storm, reporting a stark decline in earnings for the year 2024. The oil and gas juggernaut’s adjusted net income plummeted to $18.3 billion—a 21% drop from the previous $23.2 billion—sending ripples of concern throughout the industry. Analysts had predicted a marginally better performance, yet
The political landscape in America is no stranger to upheaval, but the prospect of dismantling the U.S. Department of Education introduces an unsettling dimension to the student loan crisis that millions of borrowers are grappling with. As the Trump administration contemplates closing or significantly cutting back on the department’s functions, it raises alarming questions about
The mid-October announcement that General Motors (GM) will lay off approximately half of the employees from its Cruise robotaxi division marks a jarring shift in the narrative of what was once considered a pioneering force in self-driving technology. Built on the foundations of a considerable $10 billion investment since 2016, the ambitious project is now
Ken Griffin’s Citadel has once again showcased its capability to thrive in turbulent waters. The Wellington fund managed to secure a modest 1.4% gain in January, a commendable achievement considering the volatility that characterized the month. With $65 billion in assets under management, the hedge fund’s ability to produce profit in an environment rife with
Warren Buffett, known as the “Oracle of Omaha,” has made headlines yet again by boosting Berkshire Hathaway’s stake in Sirius XM to a staggering 35.4%. This audacious move involves the acquisition of approximately 2.3 million shares for around $54 million in a flurry of transactions over several days. Skeptics might argue that this investment is