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The $38.9 trillion national debt is costing you thousands of extra dollars per year on your mortgage. Here’s how it adds up
Given the increase in household borrowing costs since 2015, the average new homebuyer could expect to pay an extra $76,014, with a 30-year mortgage. That’s an average cost of about $2,534 per year. “The consistent pattern of deficit spending that has been the norm in the United States for many years has driven up costs for families,” the researchers wrote.These were…
The fog of war is coming from inside the White House—and it cost oil markets $84 million in 10 minutes
“The market is depending on accurate information from the administration,” Andy Lipow, president of analyst firm Lipow Oil Associates, told Fortune. “And when a tweet is posted and deleted quite rapidly, it brings into question what exactly is happening.”What exactly is happening, over the past few days, has depended entirely on which administration official you’re listening to. The result of all…
Why Levi’s turned a hackathon idea into an AI tool for store employees to make denim shopping easier
Called “STITCH,” the AI assistant can be accessed through a tablet or smartphone and has had such a strong start that Levi’s has rolled it out to more than 70 U.S. Levi’s stores. Gowans intends to bring STITCH to even more locations, add more features, and make it available in additional languages beyond English. Levi’s reports that stores where employees…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
RBA Interest Rate Decision: Impact on Australian and Asia-Pacific Markets
The Reserve Bank of Australia (RBA) is set to deliver its verdict today on the nation's interest rates. This highly anticipated decision will be closely scrutinized by investors not only…
