Finance
NASA Receives 15th Consecutive ‘Clean’ Financial Audit Opinion
NASA Receives 15th Consecutive ‘Clean’ Financial Audit Opinion NASA has received its 15th consecutive “clean” financial audit opinion for fiscal year 2025, indicating that its financial statements conform to Generally Accepted Accounting Principles. The agency’s commitment to transparency and responsible management of taxpayer dollars has been recognized, with NASA Administrator Jared Isaacman praising the team’s […]
📰 News
Broncos say their new stadium will be ‘privately financed,’ but ‘private’ often still means hundreds of millions in public resources
Broncos say their new stadium will be ‘privately financed,’ but ‘private’ often still means hundreds of millions in public resources The Denver Broncos’ new stadium will be “privately financed,” but this term often still means hundreds of millions in public resources are involved. Private financing arrangements can mask public dollars, making projects appear more enticing […]
🏛️ Politics
Has the Fed fixed the economy yet? And other burning economic questions for 2026
Has the Fed fixed the economy yet? And other burning economic questions for 2026 The US economy enters 2026 in an unusual state, with inflation down from its peak, growth holding up better than expected, but American households feeling shaky due to uncertainty. The Federal Reserve’s next move is uncertain, with some economists warning of […]
📰 News
How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’
How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’ The Federal Reserve’s dual mandate includes promoting maximum employment and stable prices, but it also has a third objective: moderate long-term interest rates. The third mandate was originally part of the Fed’s goals in the 1977 Federal Reserve […]
📰 News
Health insurance premiums rose nearly 3x the rate of worker earnings over the past 25 years
Health insurance premiums rose nearly 3x the rate of worker earnings over the past 25 years Health insurance premiums in the US have increased nearly three times the rate of worker earnings over the past 25 years, making it difficult for patients and employers to afford healthcare. The main driver of these premium increases is […]
🏥 Health
Anthropic Expects to Break Even In 2028 and OpenAI In 2030
Anthropic Expects to Break Even In 2028 and OpenAI In 2030 Anthropic, maker of Claude, expects to break even by 2028, while OpenAI forecasts operating losses of $74 billion until 2030. OpenAI plans to invest significantly more in chips and data centers to become a trillion-dollar company, with the goal of attracting top researchers through […]
💻 Technology
OpenAI Aims for an IPO that Can Value the Firm in $1 Trillion
OpenAI Aims for an IPO that Can Value the Firm in $1 Trillion OpenAI is planning to go public through an IPO, aiming to value the company at up to $1 trillion by 2027. The IPO would be one of the largest in history and would allow OpenAI to raise capital more efficiently for future […]
📰 News
Fed lowers interest rates as it struggles to assess state of US economy without key government data
Fed lowers interest rates as it struggles to assess state of US economy without key government data The Federal Reserve (Fed) lowered interest rates by a quarter point at its latest monetary policy meeting due to the ongoing federal shutdown, which has limited access to key economic data. The Fed is struggling to assess the […]
📰 News
AI is sucking the oxygen out of other areas
AI is sucking the oxygen out of other areas Investments in AI are diverting funds away from other areas, such as traditional industries. The impact of this shift on valuations is still unclear and requires further analysis. Margie Patel, senior portfolio manager at Allspring, notes that it’s too early to determine if valuations are unsustainable. […]
💻 Technology
How AI is helping small businesses stretch their budgets
How AI is helping small businesses stretch their budgets Increased Efficiency: AI can automate repetitive tasks, freeing up time and resources for more strategic activities. Improved Predictive Analytics: AI-powered tools can analyze data to predict sales trends, customer behavior, and other key metrics, enabling informed decision-making. Enhanced Customer Experience: AI-driven chatbots and virtual assistants can […]
💻 Technology