Economy
My Weekly Reading for November 3, 2024
The 4th Industrial Revolution is a topic that has been gaining attention in recent years, and its implications are vast and far-reaching. Timothy Taylor, writing for Conversable Economist, discusses how…
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Lasted Economy
Basic Data on Federal Finances
The US government's finances are in a dire state, with a looming deficit of $1.8 trillion projected for FY 2025.…
JPMorgan Chase shares drop 5% after bank tempers guidance on interest income and expenses
JPMorgan Chase shares took a hit on Tuesday following a statement from the bank's president, Daniel Pinto, indicating that expectations…
Efficiently Inefficient – Econlib
Orgel’s second rule, as stated by the renowned biologist Leslie Orgel, emphasizes the intelligence of evolution in shaping the features…
Taiwan Semiconductor’s Strong August Sales Hint at Big Gains Ahead, AI and iPhone Demand Fuel Optimism
Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) impressive growth in August 2024 has sparked optimism in the tech industry. With a 33%…
Goldman Sachs to post $400M hit in third quarter over consumer business
Goldman Sachs to Take $400 Million Hit in Q3 as It Unwinds Consumer Business Goldman Sachs is set to take…
Intel faces ‘uphill battle’ as its stock hovers near record lows: Goldman Sachs analyst
Intel (INTC) is facing a challenging road ahead as its stock struggles near record lows, with analysts expressing uncertainty about…
Fed jumbo 50 bps rate cut should not raise alarm, analyst says
The upcoming Federal Reserve meeting is causing quite a stir in the financial world, with opinions on the potential rate…
2 ETFs That Are Screaming Buys in September After the Nvidia Led Technology Stock Selloff
Technology stocks have been facing some pressure recently, especially with the decline in Nvidia shares. Nvidia, a leading chip giant,…