Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why. Prices for food eaten at home rose 2.9% in April compared to the same month a year earlier, according to government figures released Tuesday. That was the highest year-over-year inflation rate […]
Nvidia CEO Jensen Huang will join President Donald Trump during his visit to Beijing, igniting hopes in China that the trip could yield results in the tech giant’s long-stalled effort to sell its powerful H200 AI chips to local customers. Huang’s inclusion, along with more than a dozen U.S. corporate chiefs, was not part of […]
Over the weekend in Austin, Texas, Tesla (TSLA) and SpaceX (SPAX.PVT) CEO Elon Musk unveiled what might be his grandest overarching vision for where he sees his companies headed. The project is called Terafab, a joint venture between Musk’s Tesla, SpaceX, and xAI, designed to consolidate every stage of semiconductor production under one roof — […]
OpenClaw, the popular AI agent platform, is a massive hit among the techy set. Developed by Peter Steinberger, who has since joined OpenAI (OPAI.PVT), OpenClaw allows users to set up their own AI agent that can run on their computers, performing tasks ranging from checking email and replying to messages to managing system files. And […]
Stock Markets The major stock indexes delivered a mixed performance this week, with record-breaking highs amid uncertainty about Federal Reserve policy. The Dow Jones Industrial Average finished up 617.08 points, or 1.36%, at 46,108.00, while the S&P 500 ended up 0.85% at 6,587.47. The Nasdaq Composite advanced 0.72% to 22,043.07. All three major averages scored […]
Stock Markets Major U.S. stock indexes posted mixed results this week, with markets showing resilience despite ongoing economic uncertainties. The S&P 500 slipped on Friday after hitting a record high, as investors took some gains off the table after a strong week. Despite Friday’s pullback, the index managed to secure its second consecutive weekly gain. […]
Stock Markets Major stock indexes fell across the board over the trading week. The 30-stock Dow Jones Industrial Average (DJIA) dipped by 0.54% while the Total Stock Market Index corrected by 0.24%. The broad S&P 500 Index lost by 0.24% and the technology-heavy Nasdaq Stock Market Composite withdrew by 0.53%. Bucking the trend is the […]
Stock Markets The 30-stock Dow Jones Industrial Average (DJIA) was up 0.27% for the week, although the broader stock indexes were generally down week-on-week. The Total Stock Market Index fell by 0.95%, while the broad S&P 500 Index slumped by 1.00%. The technology-heavy Nasdaq Stock Market Composite dropped by 1.64%, although the NYSE Composite ticked […]
Stock Markets The week began with the inauguration of the 47th U.S. President, Donald Trump. On his first day in office, Trump signed a record 26executive orders that, from a macroeconomic perspective, focused on four key areas, namely energy, immigration reform, tariffs, and technology. The new policy proposals were in general more measured and less […]
Stock Markets All major stock indexes ended in positive territory this week, rebounding from the sharp sell-off last week and erasing the losses of the prior week. The 30-stock Dow Jones Industrial Average (DJIA) surged by 3.69%, slightly better than the Total Stock Market weekly gain of 3.12%. The broad S&P 500 climbed by 2.91% […]
Stock Markets Major U.S. indexes are down for the shortened trading week due to market closure on Thursday in honor of the recently deceased former US President Jimmy Carter. The 30-stock Dow Jones Industrial Average (DJIA) dropped by 1.07% although the Total Stock Market Index dipped by only 0.72%. The broad S&P 500 Index fared […]
Stock Markets The shortened New Year’s trading week provided little incentive for market activity, and most indexes were slightly down. The Dow Jones Industrial Average (DJIA) dropped 0.60% while the Total Stock Market came down by 0.30%. The S&P 500 Index gave up 0.48% and the Nasdaq Stock Market Composite lost by 0.51%. The NYSE […]
