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 … Read more
Federal Reserve officers in January agreed they might wish to see inflation come down further sooner than lowering charges of curiosity further, and expressed concern regarding the have an effect on President Donald Trump’s tariffs would have in making that happen, in accordance with meeting minutes launched Wednesday. Policymakers on the Federal Open Market Committee … Read more
Meta is expanding its AI-powered smart glasses lineup through an extended partnership with EssilorLuxottica, introducing new versions under the Oakley and Prada brands, building on the success of the Ray-Ban Meta glasses launched in 2023. Here’s a detailed overview: Key Details of the Partnership and Products Market Context and Competition Social Media and Public Sentiment … Read more
Apple CEO Tim Cook (L) takes a selfie with a greets customers on arrival for the release of the Vision Pro headset at the Apple Store in New York City on February 2, 2024. When Apple revealed the Vision Pro in 2023, it called the $3,500 headset its next “major platform.” Two years … Read more
Soy farmer Caleb Ragland on his farm in Magnolia, Kentucky Courtesy: American Soybean Affiliation Caleb Ragland, a soybean farmer in Magnolia, Ky., voted for President Donald Trump in 2016, 2020 and 2024. Now, nevertheless, he has to navigate a tariff minefield at a time when the sector is already dealing with main headwinds. Ragland works … Read more
Tesla Stock Plunges 36% in First Quarter of 2025, Marking Worst Performance Since 2022 San Francisco, March 31, 2025 – Tesla, Inc. (TSLA) has closed out the first quarter of 2025 with a staggering 36% drop in its stock price, its steepest quarterly decline since the final three months of 2022 and the third-worst in … Read more
DOJ to Seek Death Penalty for Luigi Mangione in High-Profile CEO Murder Case New York, April 1, 2025 – The U.S. Department of Justice (DOJ) announced today that it will seek the death penalty against Luigi Mangione, the 26-year-old accused of assassinating UnitedHealthcare CEO Brian Thompson outside a Manhattan hotel on December 4, 2024. Attorney … Read more
Fed’s Newest Voice: Governor Stephen Miran Urges Aggressive Rate Cuts to 2.5% Amid Trump Policies In a bold debut that’s rippling through Wall Street, Federal Reserve Governor Stephen Miran is ramping up his push for the central bank to slash its benchmark interest rate by nearly 2 percentage points, targeting a neutral level around 2.5%. … Read more
Tesla’s new car sales in Norway surged 213% in May 2025 compared to May 2024, reaching 2,600 vehicles, driven primarily by the revamped Model Y SUV, which accounted for about 90% of Tesla’s registrations (2,346 units, up 240% year-on-year). The Model 3 also saw an 87.4% increase, contributing 253 units. This rebound, reported by the … Read more
Prove AI Can’t Do Jobs Before Asking for More Headcount, Experts Urge Employers April 7, 2025, 12:15 PM PDT — As companies worldwide grapple with staffing decisions amid economic turbulence sparked by Trump’s tariffs, a growing chorus of business leaders and tech experts is pushing a provocative stance: don’t hire more humans until you’ve proven … Read more