Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate

Retail sales increased 0.2% in February, less than expected; ex-autos up 0.3%, meeting estimate

Shoppers spent at a slower than anticipated tempo in February, although underlying readings indicated that gross sales nonetheless grew at a strong tempo regardless of worries over an financial slowdown and rising inflation. Retail gross sales elevated 0.2% on the month, higher than the downwardly revised decline of 1.2% the prior month however under the … Read more

The U.S. dollar is still the world’s currency — but maybe not for much longer 

The U.S. dollar is still the world’s currency — but maybe not for much longer 

The U.S. dollar’s status as the world’s reserve currency has been a cornerstone of global finance since the mid-20th century, rooted in the Bretton Woods system and reinforced by America’s economic dominance. It’s still king—about 58% of global foreign exchange reserves are held in dollars, per the IMF’s latest data, and it dominates international trade, … Read more

Here’s how many ‘dead people’ really collect Social Security

Here’s how many ‘dead people’ really collect Social Security

The question of how many “dead people” collect Social Security has been a topic of recent discussion, often exaggerated or misunderstood. Based on the most current and reliable data, the number of deceased individuals actually receiving Social Security benefits is far smaller than some claims suggest. The Social Security Administration (SSA) maintains a database called … Read more

Treasury Secretary Bessent: Trump Administration Steers U.S. Away from Financial Crisis

Treasury Secretary Bessent: Trump Administration Steers U.S. Away from Financial Crisis

Washington, D.C. – March 16, 2025Treasury Secretary Scott Bessent delivered an optimistic assessment of the Trump administration’s economic strategy during an appearance on NBC’s Meet the Press today, asserting that decisive policy shifts are preventing an impending financial crisis. Bessent, a seasoned economist and hedge fund veteran, credited the administration’s focus on sustainable fiscal policies … Read more

These 20 stocks are likely to be losers no matter

These 20 stocks are likely to be losers no matter

It’s important to note that predicting which stocks are “likely to be losers” can be very speculative and challenging, as the stock market is influenced by numerous unpredictable factors. However, there are certain types of stocks that tend to face higher risks, especially during unfavorable market conditions, due to factors such as: Weak fundamentals: Companies … Read more

Intel stock soars as Lip-Bu Tan is named CEO. But he faces a tough task ahead.

Intel stock soars as Lip-Bu Tan is named CEO. But he faces a tough task ahead.

Intel’s Stock Soars as Lip-Bu Tan is Named CEO, But Challenges Loom LargeMarch 13, 2025 Intel’s stock surged today following the announcement that Lip-Bu Tan, a veteran tech industry leader, has been appointed as the company’s new CEO. Investors reacted enthusiastically to the news, driving shares up by over 10% in early trading, as Tan’s … Read more

Tesla stock may be bouncing, but this analyst explains why you should keep selling

Tesla stock may be bouncing, but this analyst explains why you should keep selling

It appears you’re referencing a sentiment or analysis about Tesla’s stock performance, possibly citing concerns about its short-term outlook despite recent gains. Based on available information, some analysts have indeed expressed caution about Tesla stock, even as it experiences upward movement, due to various risks and challenges the company faces. For instance, issues such as … Read more

Waymo expands its robotaxi service in the San Francisco Bay Area

Waymo expands its robotaxi service in the San Francisco Bay Area

Waymo self-driving automobiles with roof-mounted sensor arrays touring close to palm timber and trendy buildings alongside the Embarcadero, San Francisco, California, February 21, 2025. Smith Assortment/gado | Archive Images | Getty Photographs Waymo on Tuesday introduced it’s increasing its service to incorporate one other 27 sq. miles of protection across the San Francisco Bay Space. … Read more

Big inflation report coming. What to expect

Big inflation report coming. What to expect

An individual browses a grocery retailer following the announcement of tariffs on Canadian and Mexican items by U.S. President Donald Trump, in Toronto, Ontario, Canada March 4, 2025. Arlyn Mcadorey | Reuters With considerations working excessive that President Donald Trump’s tariff insurance policies will irritate inflation, a report Wednesday might ship some mildly encouraging information. … Read more