As shown in the finance card above, Apple’s stock price surged 5% on August 6, 2025, closing at $213.275, up from the previous day’s close of $202.92. This increase aligns with reports of an impending White House announcement where CEO Tim Cook and President Donald Trump detailed Apple’s commitment to invest $600 billion in the … Read more
Five Soldiers Shot at Fort Stewart Army Base in Georgia, Suspect in Custody Hinesville, GA – Five U.S. Army soldiers were shot Wednesday morning in an active shooter incident at Fort Stewart, the largest Army installation east of the Mississippi River, located approximately 40 miles southwest of Savannah, Georgia. The shooter was apprehended by law … Read more
Trump Trade Deal Investment Pledges Are Intentions, Not Gifts, Say Partners By [Your Name], August 6, 2025 Recent trade agreements spearheaded by President Donald Trump have been hailed as significant victories for the United States, featuring massive investment pledges from key trading partners like Japan, the European Union, and South Korea. However, growing skepticism from … Read more
Nvidia Denies ‘Kill Switch’ Claims in AI Chips Amid China’s Security Concerns Santa Clara, California, August 5, 2025 – Nvidia Corp. has firmly rejected accusations from China’s Cyberspace Administration of China (CAC) that its H20 artificial intelligence (AI) chips contain “kill switches” or backdoors that could allow remote deactivation or tracking. The controversy, sparked by … Read more
Contentious July Jobs Report Signals Sharp Slowdown in U.S. Economy August 5, 2025 – The U.S. economy added just 73,000 jobs in July 2025, far below the Dow Jones consensus estimate of 100,000, according to the Bureau of Labor Statistics (BLS). The report, released on August 1, also included dramatic downward revisions for May and … Read more
Tesla Awards Elon Musk $29 Billion in Shares Amid Ongoing Legal Battle Over 2018 Compensation August 4, 2025, 9:25 PM IST – Tesla has granted CEO Elon Musk 96 million shares of restricted stock, valued at approximately $29 billion, as an interim compensation package, according to a regulatory filing on Monday. This move comes six … Read more
Trunk Tools Uses AI to Reduce Construction Errors and Waste New York, August 2, 2025 — In an industry plagued by inefficiencies costing nearly $1 trillion annually, Trunk Tools, a New York-based startup, is leveraging artificial intelligence (AI) to revolutionize construction project management. Founded by Dr. Sarah Buchner, a former carpenter turned civil engineering Ph.D., … Read more
Fed Governors Bowman and Waller Dissent, Warn Delaying Rate Cuts Risks Economic Harm Washington, D.C. – August 1, 2025 In a rare break from consensus, Federal Reserve Governors Christopher Waller and Michelle Bowman dissented against the Federal Open Market Committee’s (FOMC) decision to maintain the federal funds rate at 4.25%-4.50% during its July 30-31 meeting, … Read more
On July 31, 2025, JPMorgan Chase celebrated the opening of its 1,000th new branch since launching its expansion strategy in 2018. The milestone was marked with a ribbon-cutting ceremony in Charlotte, North Carolina, attended by Chairman and CEO Jamie Dimon. With approximately 5,000 branches, JPMorgan Chase operates the largest branch network of any U.S. bank, … Read more
The Federal Reserve is widely expected to maintain its benchmark interest rate at 4.25%–4.50% during its July 30, 2025, meeting, with no rate cut anticipated, according to multiple sources. Despite pressure from President Donald Trump for lower borrowing costs, economists and market indicators, such as the CME FedWatch tool, suggest only a 4%–5% chance of … Read more