FHFA Decides Against Cutting Fannie Mae and Freddie Mac Loan Limits In a significant move for the U.S. housing market, the Federal Housing Finance Agency (FHFA) has announced that it will not reduce the loan limits for Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that play a critical role in mortgage financing….
Google Quantum Executive Predicts Breakthrough in Five Years Mountain View, CA – March 25, 2025 – A top executive from Google’s Quantum AI division has sparked excitement in the tech world with a bold prediction: quantum computing could be just five years away from delivering a transformative breakthrough. Julian Kelly, Director of Hardware at Google…
Recession Fears Grow as Deutsche Bank Survey Shows 50% Probability New York, – The risk of a U.S. recession is climbing, with Deutsche Bank’s latest markets survey revealing that investors now see a 50% chance of an economic downturn in the next year. The findings reflect growing anxiety over persistent inflation, aggressive Federal Reserve rate…
Eli Lilly to Unveil Trial Data for Oral Weight Loss Drug Orforglipron [City, Date] – Pharmaceutical giant Eli Lilly is set to release highly anticipated clinical trial data for its experimental oral weight loss drug, orforglipron, as the race to dominate the booming obesity treatment market intensifies. The upcoming data could position the company as…
Mining Giant Fortescue Slams Big Oil for Misstep on Renewables Transition Perth, Australia – March 24, 2025 – Fortescue Metals Group, one of the world’s largest iron ore producers, has publicly criticized Big Oil companies for their sluggish approach to renewable energy adoption, accusing them of prioritizing short-term profits over long-term sustainability. Speaking at a…
Brad Garlinghouse, CEO of Ripple, speaks on the 2022 Milken Institute International Convention in Beverly Hills, California, U.S., Could 4, 2022. The Securities and Alternate Fee’s years-long campaign in opposition to the crypto trade seems to be over. The ultimate chapter closed on Wednesday, when Ripple introduced that the SEC had formally dropped its four-year-old…
Elon Musk Tells Tesla Employees to “Hang Onto Your Stock” in All-Hands Meeting March 21, 2025 — In a recent all-hands meeting with Tesla employees, CEO Elon Musk advised workers to “hang onto your stock,” signaling his continued optimism about the electric vehicle giant’s future. Musk’s comments come amid growing interest in Tesla’s stock performance…
Zepbound Copycats Persist Online Despite FDA Ban March 21, 2025 — Despite a recent ban by the U.S. Food and Drug Administration (FDA) on Zepbound, a weight loss medication linked to dangerous side effects, copies of the drug continue to surface online, raising concerns about consumer safety. The FDA’s action aimed to protect individuals from…
Chicago Fed President Goolsbee Signals Rate Cuts Dependent on Inflation Progress Chicago, IL — March 21, 2025 — Chicago Federal Reserve President Austan Goolsbee suggested this week that interest rate cuts could be on the table in the near future, depending on the trajectory of inflation in the coming months. Goolsbee, known for his cautious…
AMD’s Lisa Su Has Already Beaten Intel—Now She’s Taking on Nvidia Sunnyvale, CA – March 20, 2025Lisa Su, the formidable CEO of Advanced Micro Devices (AMD), has cemented her legacy as one of Silicon Valley’s most transformative leaders by steering her company past longtime rival Intel. Now, with her sights set on a new horizon,…