As soaring temperatures grip certain regions this summer, the real estate market faces unique challenges. A recent report has highlighted a notable decrease in open house attendance due to extreme heat, forcing sellers to rethink their strategies. With a 5.6% drop in pending home sales compared to the previous year—the steepest decline in eight months,
In 2025, Social Security benefit recipients will see a modest 2.5% cost-of-living adjustment (COLA), translating to approximately an additional $50 each month for retirees, as reported by the Social Security Administration. This increment, while touted as a positive change, marks the smallest annual adjustment since 2021. Given the persistent inflation that has plagued the economy,
As the Nasdaq 100 celebrates its 40th anniversary, a momentous shift appears to be underway in the tech-centric index that has shaped the landscape of technology and finance. With an astonishing 17,106% rise since its inception on January 31, 1985, the Nasdaq 100, represented primarily via the QQQ exchange-traded fund, has been the go-to benchmark
Honda Motor, the venerable Japanese automotive giant, is embarking on an ambitious transformation that signifies a pivotal shift in its manufacturing philosophy and geographic focus. Nestled in the heart of the Buckeye State, Ohio, this initiative involves a groundbreaking investment exceeding $1 billion—originally pegged at $700 million—demonstrating Honda’s commitment not only to evolving automotive technology
The digital age has birthed an unprecedented surge in self-published and independent literature, often leading to the proliferation of titles that claim historical significance or personal insight. One such book that has ignited intrigue and skepticism is “The 38 Letters from J.D. Rockefeller to His Son: Perspective, Ideology and Wisdom”. This book, marketed as a
The discussion around tariffs has become a significant focal point in U.S. economic policy, particularly under the administration of President Donald Trump. Initiating tariffs during his campaign and continuing to advocate for their implementation post-election, Trump has proposed substantial duties on imports from major trading partners such as Canada, China, and Mexico. Effective from February
In a week that has become a pivotal chapter in the narrative of artificial intelligence (AI), a relatively obscure startup, DeepSeek, has catapulted to the forefront of the tech world. The fervor surrounding DeepSeek’s newly launched R1 AI model has sent shockwaves across the industry, with significant commentary emerging from tech giants’ CEOs. Satya Nadella
In a significant response to a tragic aviation accident that claimed the lives of 67 individuals, the Federal Aviation Administration (FAA) has moved swiftly to bolster safety protocols around Ronald Reagan Washington National Airport (DCA). Transportation Secretary Sean Duffy announced the restrictions on helicopter traffic, which are aimed at preventing further catastrophic incidents in one
In a recent analysis, DoubleLine Capital’s CEO, Jeffrey Gundlach, weighed in on the Federal Reserve’s interest rate trajectory, projecting limited scope for cuts in 2025. Gundlach stated that only one rate reduction is probable and hinted that two would be the upper limit. His cautious outlook highlights the Fed’s measured approach as it remains vigilant
The recent announcement from the Federal Reserve to maintain interest rates at their current levels has garnered significant attention given the backdrop of persistent inflation that exceeds the target rate of 2%. This decision arrives after a tumultuous year during which rates were slashed by a full percentage point, combined with a politically charged environment