Dow Jones Industrial Average futures turned negative on Thursday after former President Donald Trump announced that tariffs on Canada, Mexico, and China would proceed as planned. The Dow […]
Economy
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Why Consumers Are Planning an ‘Economic Blackout’ on Feb. 28
U.S. consumers are being encouraged to abstain from purchasing any non-essential goods on Feb. 28 as part of a 24-hour buying blackout aimed at showcasing the economic power […]
Markets
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Nvidia Decline to a Five-Month Low Is Day’s Biggest Options Bet
Nvidia’s stock experienced an 8.5% drop on Thursday, closing at its lowest level in a month amid concerns about its growth outlook. A significant bearish bet contributed to […]
Technology
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Starlink Poised to Secure $2.4 Billion Contract for Air Traffic Control Communication Overhaul
The Federal Aviation Administration (FAA) is reportedly considering canceling a $2.4 billion contract with Verizon to revamp the nation’s air traffic control communication system, potentially awarding it to […]
Economy
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Chicago Residents Rally for ‘Economic Blackout’ to Protest Major Corporations
A grassroots movement is encouraging consumers to participate in a 24-hour boycott of major corporations and retailers as part of an initiative termed the ‘Economic Blackout.’ The protest […]
Banks
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Democrats Question Trump’s CFPB Nominee on Leadership and Agency’s Future
During a recent Senate panel, Democratic senators rigorously questioned the nominee for director of the Consumer Financial Protection Bureau (CFPB), expressing concerns over who would truly lead the […]
Markets
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Stock futures rebound from February funk after Nvidia earnings top expectations: Live updates
Stock futures experienced a rise on Thursday as shares of Nvidia advanced following better-than-expected quarterly results. Futures tied to the S&P 500 increased by 0.7%, while Nasdaq 100 […]
Real Estate
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Sales of new single-family homes tumbled in January. Here’s one reason why
Sales of new U.S. single-family homes experienced a sharper-than-expected decline in January, as persistently high mortgage rates deterred potential buyers, signaling a slowdown in the housing market and […]
Technology
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Elon Musk says he’s sending Starlink tech to FAA while saying, without evidence, that air safety is ‘at risk’
Elon Musk announced on Thursday that he is providing his Starlink satellite internet terminals to the Federal Aviation Administration (FAA), while also claiming, without evidence, that current technology […]
Markets
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Nvidia Earnings Spark Chip, AI Stock Selloff
Stocks declined on Thursday following Nvidia’s earnings report, which led to a drop in semiconductor and other AI-related stocks. Nvidia shares fell more than 7%, pushing the stock […]