In a bewildering turn of events, Senator Richard Blumenthal has turned the spotlight on Visa’s collaboration with Elon Musk’s social media platform, X, as it prepares to launch its very own digital wallet. The arrangement, which got the green light earlier this year, comes at a time when the public is increasingly wary of how
Social Security, a cornerstone of financial stability for millions of Americans, is confronting an existential crisis. The system, designed to support workers in their retirement, is undermined by a cap that allows high earners to evade their fair share of contributions. In 2025, that cap stands at $176,100—a ceiling that high-income earners reach almost effortlessly,
The latest earnings announcement from Broadcom marks a significant moment in the tech industry’s ongoing evolution—particularly as it pertains to artificial intelligence (AI). With a remarkable 25% increase in revenue, now totaling $14.92 billion, Broadcom’s figures defy the conventional pitfalls that have ensnared other tech firms in recent months. Despite broader concerns about trade tariffs
In a financial landscape rife with complex investment trends, the new documentary “Tune Out The Noise,” directed by the acclaimed Errol Morris, remarkably captures a pivotal moment in the evolution of financial academia. It showcases how a select group of scholars took the reins of the investment ecosystem during the mid-20th century, and ultimately transformed
In a surprising yet thoughtful move, Federal Reserve Chairman Jerome Powell emphasized a cautious approach to monetary policy while uncertainty looms over President Donald Trump’s various economic policies. Confirming that the central bank will exercise patience, Powell’s stance reflects a stark but necessary departure from the impulsive tendencies seen throughout recent political maneuvers. Recognizing that
Space exploration often symbolizes the pinnacle of human ambition, a testament to our ingenuity and desire to transcend earthly bounds. Yet, the recent SpaceX Starship testing failure calls into question the very safety protocols that safeguard both the public and the aerospace industry. When the Federal Aviation Administration (FAA) temporarily suspended flights to several Florida
Broadcom has shockingly surpassed analyst projections in its first-quarter earnings report, revealing not only impressive growth but a resilience that has eluded many tech companies amidst fluctuating market conditions. Their adjusted earnings per share came in at $1.60, notably beating the anticipated $1.49, while revenue hit a staggering $14.92 billion compared to the expected $14.61
Marvell Technology recently witnessed a staggering 17% decline in its share price, a stark reminder that even established companies can falter under the weight of investor expectations. After a remarkable 83% surge in stock value throughout 2024, this sudden plunge raises questions about the sustainability of such highs in the tech sector, particularly within semiconductor
As the socioeconomic landscape reshapes itself, one glaring trend emerges: the elite class is inflating while the majority struggle. In 2024, the wealth report from Knight Frank disclosed a staggering 5.2% increase in multimillionaires within North America, a figure that starkly contrasts with the stagnant financial realities faced by the average American. The report states
The notion that education is the key to personal and societal advancement is an enduring ideal in America. Yet, recent staff layoffs at the Department of Education, as directed by former President Donald Trump, are casting a shadow of uncertainty over the future for many struggling federal student loan borrowers. Each cut not only signifies