Kevin Hassett is likely to take over as the next Federal Reserve Chairman. This is what prediction markets and President Trump's recent comments suggest. Hassett, currently the National Economic Council director, has been a favorite for this role for months. He's been vocal about lowering interest r
The crypto world is seeing more dramatic losses as traders take on bigger risks. In the current market cycle, the average daily losses from failed trades have shot up. Long positions are now seeing around $68 million in daily liquidations, while short positions face about $45 million. This is a big
Kevin O'Leary, a well-known investor and TV personality, has been vocal about his interest in cryptocurrencies and the companies that support them. He believes that investing in both the digital currencies and the infrastructure that powers them is a smart strategy. O'Leary pointed out that if some
San Francisco has taken a bold step by suing some of the biggest food companies in the country. The city claims that ultraprocessed foods from giants like Coca-Cola and Nestle are causing serious health problems. The lawsuit names ten companies, including those behind Oreo cookies, Sour Patch Kids,
Pennsylvania's wine and spirit sales have taken a hit, marking only the second time in 30 years this has happened. The latest figures show a drop to $3. 16 billion for the fiscal year 2024-25, a small but notable decrease from the previous year. This decline is part of a bigger trend. People are cha
The UNC basketball team pulled off a thrilling win against the Kentucky Wildcats, thanks to a standout performance by freshman Derek Dixon. In the final moments of the game, Dixon showed incredible composure, sinking a tough three-pointer and a crucial layup to secure the victory. His fearless attit
Super Micro Computer, Inc. (SMCI), a major player in the tech world, is facing some tough times. Based in San Jose, California, SMCI is known for making high-performance servers and storage solutions. With a market cap of $19. 9 billion, it's definitely a big fish in the tech pond. But lately, its s
Black Friday is a shopping event that might seem odd to some. Why would stores offer discounts right before the holiday season when people are already planning to spend money? Yet, many businesses keep participating, and shoppers keep buying. So, what's going on? People love a good deal, even if it
Gaza is facing a massive rebuilding challenge after the recent war. With 70, 000 people dead, many injured, and countless homes destroyed, the task seems overwhelming. Amidst this chaos, a small group of workers is trying to save what's left of Gaza's cultural heritage. One of the most important si
AI is not just about taking jobs away. It's also helping small businesses grow and create new opportunities. A recent study by LinkedIn shows that many small businesses are using AI to do everyday tasks, like writing emails and finding information. They're also using it for more complex things, like
