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Economy

The economy category aims to provide readers with economic news, analyses, and financial information. Within this category, you can find rich content covering market trends, economic data, budget policies, investment opportunities, and developments in the global economy

Economy

Biden Administration’s Bold Move Cracking Down on Overdraft Fees with New Banking Regulations!

David Goodman -
The Consumer Financial Protection Bureau has taken a decisive step in tackling excessive overdraft fees for customers of major banks and credit unions, potential saving consumers up to $5 billion annually. This newly finalized rule, announced on Thursday, will...
Economy

Inside the Explosive Legal Showdown OpenAI vs. Elon Musk Exposes Struggle to Prevent AI ‘Dictatorshi

David Goodman -
A long-standing 7-year feud between tech titans Elon Musk and Sam Altman regarding leadership of OpenAI to prevent an artificial intelligence "dictatorship" has now reached a federal court. Musk is seeking to stop the transformation of the ChatGPT creator...
Economy

2025 Social Security Shake-Up 5 Big Changes You Need to Know Now for the New Year Ahead!

David Goodman -
The major Social Security update recently announced is the 2025 COLA, which has been set at 2.5%. This is lower than the 3.2% increase that retirees received last year. It will increase the average monthly benefit from $1,927 to...
Economy

Struggling Americans Battle Rising Energy Costs The Fight to Keep the Lights On

David Goodman -
In the midst of rising costs for essentials such as food and housing, a significant number of American households have been forced to make tough financial decisions to keep the lights on at home. A recent study conducted by...
Economy

From Layoff Email to Viral Storm The GM Shake-Up on TikTok That Had Everyone Talking!

David Goodman -
Bernard, a 60-year-old resident of Royal Oak, was laid off on November 15. When I spoke with him over the phone, he mentioned that he is not active on TikTok and did not know the person behind a viral...
Economy

EVgo Secures Record-Breaking $1.25 Billion Government Loan to Supercharge Fast Charging Network Expa

David Goodman -
EVgo Inc. shares saw a surge in trading activity on Friday following the exciting announcement of a significant financial milestone. The company proudly revealed the successful closure of a substantial $1.25 billion guaranteed loan facility provided by the U.S....
Economy

Stunning News Elon Musk’s Net Worth Soars Over $400 Billion, Revealed by Forbes Billionaires List!

David Goodman -
In a remarkable milestone for tech titan Elon Musk, the CEO of Tesla, his net worth has soared past the $400 billion mark, as reported by the Forbes real-time billionaires list. This impressive feat has been fueled by a...
Economy

Elon Musk Threatened with Charges by SEC for Twitter Purchase Urged to Pay Fine or Face Legal Action

David Goodman -
Elon Musk is facing a final battle with outgoing Securities and Exchange Commission Chairman Gary Gensler. Musk revealed on his social media platform X that the SEC is demanding that he agree to an undisclosed fine to settle charges...
Economy

Dow Plunges for 7th Day in a Row, Marking Longest Losing Streak Since 2020 – Market Turmoil Continue

David Goodman -
In a turbulent week for Wall Street, the Dow Jones Industrial Average extended its losing streak to seven consecutive sessions, marking its longest run of losses since 2020. The blue-chip index closed down 86.06 points, or 0.2%, at 43,828.06...
Economy

DoorDash Boosts Driver ID Verification Amid Safety Concerns Taking Action to Address Traffic Complai

David Goodman -
In response to growing concerns over unauthorized account sharing among its drivers, DoorDash has announced a series of new measures aimed at bolstering its identity verification process. The popular San Francisco-based delivery company is taking proactive steps to crack...
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EconomyDavid Goodman -

Nike’s Exciting Turnaround A Buy Before 2025!

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