Author: Daniel snow
Sometimes innovative new tech is overhyped. Can AI really deliver on its promises of increased efficiency? Source link
President Donald Trump seems willing to spend “financial markets capital” whenever stocks are up, say strategists at GlobalData, TS Lombard. Source link
Something different is happening to the U.S. dollar, which recently completed its worst first half of any calendar year since at least the 1970s: The dollar is strengthening this week, despite President Donald Trump’s ongoing tariff talk. Source link
At stake is the future of how users communicate with AI assistants like ChatGPT. Source link
Actual impact on trade “might be fairly limited,” analysts said. Source link
Inflation has fallen considerably, but it is still too high for Federal Reserve policymakers’ tastes. And tariffs make the calculation even more complicated.”We’ve had goods inflation just moving up a bit,” said Fed Chairman Jerome Powell at a news conference last month. “We do expect to see more of that over the course of the summer. It takes some time for tariffs to work their way through the chain of distribution to the end consumer.” CNBC considers Cost of Living among ten categories of competitiveness in our annual America’s Top States for Business rankings. Companies seeking to attract as many workers…
U.S. Representative Josh Gottheimer, D-NJ, speaks during a press conference about the SALT Caucus outside the Capitol on Wednesday February 08, 2023 in Washington, DC. Matt McClain | The Washington Post | Getty ImagesPresident Donald Trump’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known as SALT. But the phaseout, or income-based benefit reduction, could trigger a tax surprise for some higher earners, experts say.If you itemize tax breaks, you can claim the SALT deduction, which includes state and local income taxes and property taxes. Trump’s legislation raises the SALT deduction limit…
M Swiet Productions | Getty ImagesEligibility for Social Security retirement benefits starts at age 62.But for prospective beneficiaries who can wait, the biggest benefit becomes available at age 70.For many retirees, that poses a dilemma — how to fund those interim years while they wait to claim that highest monthly benefit check.That may mean working longer for prospective beneficiaries who are able to do so.Another option, for those who can afford it, may be to self-fund those interim years.More from Personal Finance:Trump bill doesn’t eliminate taxes on Social Security benefitsTax changes under Trump bill — in one chart78% say Trump’s…
Tom Lee, managing partner and head of research at Fundstrat Global Advisors, speaking on CNBC’s “The Exchange” on Oct. 31, 2023.Adam Jeffery | CNBCTom Lee’s Fundstrat Capital rose to prominence with timely macroeconomic calls on the market, and now his new ETF is flexing the firm’s stock picking prowess.The Fundstrat Granny Shots US Large Cap ETF (GRNY) is quickly emerging as one of the most popular and successful active stock funds of the year. The fund hit $1.5 billion in assets under management just eight months after its launch last November, rapidly growing in an industry where some funds take…
Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025.Gonzalo Fuentes | ReutersNvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker, according to a U.S. Securities and Exchange Commission filing.The sale, which totals 225,000 shares, comes as part of Huang’s previously adopted plan in March to unload up to 6 million shares of Nvidia through the end of the year. He sold his first batch of stock from…