Economy

Beyond the Boom: Soaring Interest Rates Spark Concern for the U.S. Economy’s Future

Despite glowing headlines about low unemployment, easing inflation, and record stock market highs, a…

Strait of Hormuz Heats Up: Iran Rejects Trump’s ‘US Territory’ Claim Amid New Ship Strike and Enduring Blockade

Iran has vehemently rejected Donald Trump's claim that the Strait of Hormuz could become…

Berkshire Hathaway Bolsters Alphabet Investment by $17 Billion in Q2, Resumes Buybacks Amid Portfolio Rebalancing

Berkshire Hathaway significantly expanded its investment in Alphabet during Q2, adding $17 billion through…

AI Bet Gone Wrong: Situational Awareness Fund Faces Liquidity Crisis After Pre-Crash Portfolio Sale to Citadel

Leopold Aschenbrenner's Situational Awareness fund faced a significant liquidity crunch after heavily investing in…

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