K-Shaped Christmas: US High Earners Spend Freely
📋 Key Facts ✓ High earners across the US are actively spending during the holiday season. ✓ Middle-income households are facing financi...
Dec 22Financial Timeseconomics
📋 Key Facts ✓ High earners across the US are actively spending during the holiday season. ✓ Middle-income households are facing financi...
📋 Key Facts ✓ Tory Bruno has abruptly resigned as CEO of United Launch Alliance. ✓ He served in the role for 12 years. ...
Gold and silver, both seen as “stores of value,” briefly retook their position as the two biggest assets by market cap. Bitcoin sits in the eighth position....
The USX stablecoin briefly slipped below its dollar peg on Solana DEXs before recovering after its issuer injected liquidity into secondary markets....
Chinese rocket maker LandSpace aims to raise 7.5 billion yuan (US$1 billion) from an initial public offering (IPO) in Shanghai, after becoming the first home-grown aerospace firm to have its listing a...
China’s central bank has set the yuan’s daily reference rate at its strongest level in 15 months, as the currency strengthened in offshore trading and briefly broke through the closely watched seven-p...
📋 Key Facts ✓ Gold and silver prices have soared to new highs. ✓ Gold is reemerging as a hedge against economic uncertainty. ...
Composite picture of Elon Musk (left) and Jeff Bezos (right) Joel Saget/AFP and Kevin Winter The 10 richest people are worth more than Amazon after a nearly $600 billion wealth gain in 2025. The AI bo...
Warren Buffett, the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett rocked the business world in 2025 by announcing he would step down as CEO. The Berkshire Hathaway boss penned two of his fa...
Chevron, the only US oil major still operating in Venezuela, counts Berkshire Hathaway as a key shareholder. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images The Trump administra...
The American economy is tipping away from low-wage workers once again. PATRICK T. FALLON/AFP via Getty Images The K-shaped economy has returned, with gaps widening between high and low-income American...
Standard Oil founder John D. Rockefeller has long been considered the wealthiest man in America's history. NY Daily News Archive via Getty Images America has more billionaires than ever, led by Elon M...
Nvidia CEO Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia's $20 billion Groq deal signals an important shift in the AI market. AI workloads are moving from model training to real-time in...
📋 Key Facts ✓ Bitcoin price briefly crossed $90,000 from $88,000 during Asian and European trading before retreating. ✓ Futures open in...
Saks Global, the company behind some of the most iconic luxury department stores, is in trouble. Getty Images; Alyssa Powell/BI Saks Global, the company behind some of America's most iconic department...
Real estate investing team Tanice and Paul Myers. Courtesy of Tanice Myers Each year, HomeVestors, the company behind We Buy Ugly Houses, hosts an ugly home contest. The contest showcases dramatic hom...
📋 Key Facts ✓ iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. ✓ Founded in 1990 by Colin ...