economictrends
Nvidia becomes first company to reach $5 trillion valuation, fueled by AI boom
A dizzying AI-fueled market rally has prompted some to raise the alarm on fears of a bubble.
Charming New England city crowned America's best housing market
The nation's top affordable housing market lies just an hour north of Boston and just happened to be home to the co-founders of McDonald's, Richard and Maurice McDonald, who grew up there.
UPS axes 48,000 workers in sweeping cost-cut push, sparking stock surge
UPS said 14,000 of the eliminated positions were in management, while 34,000 came from drivers and warehouse operations.
The Lengths Americans Are Going to Make Every Penny Count...
Tesla risks losing CEO Musk if $1 trillion pay package isn't approved, board chair says
Tesla Board Chair Robyn Denholm said Elon Musk is key to the future of the EV maker as it focuses more on Full Self Driving and Optimus.
Amazon targets as many as 30,000 corporate job cuts: Reuters, citing sources
The layoffs would represent the largest job cut at Amazon since around 27,000 jobs were eliminated starting in late 2022.
Why your beef, bananas and coffee beans have gotten so expensive
Americans are paying significantly more for these food staples, price inflation data shows. Will inflation ever relent?
Pollsters Have New Kind of Competitor. They Should Be Worried...
Drone company's stock soars after it appoints Donald Trump Jr. to advisory board
Orlando-based Unusual Machines said it relies on Chinese imports and warned of potential impacts from Trump tariffs.
Inflation climbs to highest level since January, beef prices soar
A recent uptick in prices has coincided with a sharp slowdown of hiring.
Trump Jr-linked drone company wins Pentagon contract...
How High Will David Ellison Go in Paramount’s Bid to Bag Warner Bros. Discovery?
David Ellison's $23.50/share offer to acquire Warner Bros. Discovery and merge it with Paramount Skydance was rejected. How high will he go?