ECONOMY AND FINANCE

“Rich dad poor dad” author warns about a new economic crisis

Financial expert and Rich Dad Company co-founder Robert Kiyosaki, known for predicting Lehman Brothers’ collapse, is raising concerns about America’s dire financial situation. Speaking on “Cavuto: Coast to Coast,” Kiyosaki…

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Government spending drives growth, consumption decreases

This year’s growth has nothing to do with increased wealth for all. Federal budget and inflation maintain a persuasive illusion. That’s why it’s extremely difficult for all to enforce the…

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OpenAI’s problems boost competitors in generative AI market

Hugging Face, an artificial intelligence (AI) startup, reports a surge in interest from potential customers following the recent upheaval at rival OpenAI. Hugging Face CEO Clément Delangue notes that organizations…

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Famous investor Charlie Munger passes away

On Tuesday, November 28th, Charlie Munger, the longtime business partner of Warren Buffett, passed away at a California hospital. Munger, who started working for Buffett’s grandfather during the Great Depression,…

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Tron’s true legacy: a crypto network overtaken by terrorists

Tron, a rapidly growing cryptocurrency network, has emerged as a prominent platform for crypto transfers associated with groups such as Hamas and Hezbollah. A recent Reuters analysis reveals that Tron…

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Black Friday and Cyber Monday: an economic perspective

This upcoming holiday season for retailers presents a mixed picture. SLOWER GROWTH… Despite inflation moderating, supply chain challenges improving, and pandemic restrictions easing, the forecasted growth in retail sales is…

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Binance founder pleads guilty

On Tuesday, November 21st, the founder of Binance, the largest cryptocurrency exchange globally, admitted guilt to a felony charge, acknowledging that he neglected to implement measures to prevent money laundering.…

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OpenAI’s Leadership Shake-up and Microsoft’s Impact

“OpenAI appoints interim CEO amid internal strife, prompting talent shifts and Microsoft collaboration.” OpenAI’s recent upheaval saw the appointment of ex-Twitch head Emmett Shear as interim CEO, following the unexpected…

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Jack of all colleges or master of one trade?

According to many employers, college education is no longer a guarantee for a job, greater income or social mobility. A recent survey called the Freedom Economy Index (FEI) indicates a…

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Leadership Change at OpenAI

“OpenAI Board Removes Sam Altman, Seeks New Leadership Direction.” Sam Altman, the former head of OpenAI, was removed from his position by the company’s board due to a loss of…

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