Economy & Finance News

Trump fires all 24 members of the U.S. National Science Foundation’s governing body

Big week of earnings coming up!!

Wednesday: Meta, Microsoft, Amazon, Google Thursday: Apple The market is going to respond VERY strongly, either good or bad. Key things to look for: \-CAPEX spend (on track from previous earnings reports, increasing, decreasing?) will be big on the AI narrative. \-Obviously earnings beats or m

U.S. wheat crops wither, herds thin as spring drought deepens | Fortune

To investors who crossed the $1M mark around the age of 40. How’s life?

Looking for a reality check and some inspiration. I always had the aspiration of hitting the infamous seven digit portfolio by 40, and now I’ve done it at 39 ahead of schedule. I’m extremely thankful and happy, but wondering what happens next. • How did your net worth trajectory look afterward? •

JPMorgan Says Oil Prices Still Have Further to Rise | OilPrice.com

Poland receives agreement from EU for €44 billion in SAFE defence loans

SOX up for 17 consecutive days and up 42% this month

I was making fun of the doomsayers on reddit just a couple weeks ago when the nasdaq corrected more than 10% because of the war. However, this movement on SOX has a bad smell. Last time SOX was up 50% in a single month was in Feb 2000. On top of that, [margin level](https://www.finra.org/rules-guid

Nearly 80% of Canadians say cost-of-living outpaces their income: poll

Global stock markets are too inflated and will fall, top Bank of England official warns

At 103% of GDP, Canadian households have the most debt in G7

Federal policy on biofuels goes from bad to worse under Trump

US exporters are plugging a Qatar-sized LNG supply hole - for now

China’s youth unemployment crunch deepens as record graduation season looms

US consumer sentiment drops to record low in April

Justice Dept. drops investigation into Federal Reserve and Jerome Powell

US Consumer Sentiment Falls to Record Low on Inflation

Stanford's 2026 AI index just dropped: the US spends 23x more than China on AI, but the performance gap is down to 2.7%

I went through Stanford HAI's 2026 AI Index Report this weekend and one number keeps bugging me. The top US model and the top Chinese model are now separated by 2.7% on the Arena leaderboard. In 2023 that gap was north of 17 percentage points. It basically evaporated in under three years. The part

Goldman Sachs leads record renminbi borrowing by US banks

is anyone actually making money from AI or is it just the chip sellers?

Because i have been thinking about this and something doesn't add up. Reason with me... (p.s. I stand to be corrected.) the hyperscalers Microsoft, Google, Amazon, Meta are collectively spending over $700 billion on AI data centres this year. yeah 700 BILLION DOLLARS. NVDA is printing money. AMAT is

Greece to be overtaken by Italy as euro zone's most indebted country in 2026, sources say

Nasdaq and S&P just hit new highs even with oil above $100

Nasdaq and S&P just hit new highs even with oil above $100 and geopolitical tensions still in the background. Normally that would slow things down, but not this time. Earnings are holding up, especially from banks, and that seems to be enough for investors to stay confident. Add a bit of optimi

Venezuela closing in on first big oil production deals with Chevron, Shell since US captured Maduro

When Interest on National Debt Overtook Military Spending, it Triggered a Limit Where the U.S. May “Cease to be a Great Power,’ Warns Hoover Institution Economic Historian

Foreign population boom in Spain