Financial News, Advice & Market Insights
Elon Musk’s artificial intelligence company, xAI, has acquired the social media platform X (formerly known as Twitter) in an all-stock transaction valued at $45 billion, including $12 billion in debt.
Recent reports indicate a significant decline in U.S. consumer confidence, reaching its lowest point in over four years.
On Friday, March 28, 2025, U.S. stock markets experienced significant declines due to escalating trade tensions and persistent inflation concerns.
As the April 3 implementation date for the 25% tariffs on imported vehicles approaches, U.S. consumers are rushing to dealerships to purchase cars before anticipated price increases take effect.
More Articles
- A wealth tax in America? Not if Silicon Valley’s billionaires have their way
An effort to tackle inequality in America’s most progressive state is pitting populist anger against super-rich power
- Chevron and Iraq seek to bypass Strait of Hormuz with Syria pipeline
Consortium backing project also includes Syrian-Qatari group and LA venture firm with ties to Trump ally Tom Barrack
- Chinese AI start-up Moonshot to launch model challenging Anthropic’s lead
Kimi K3 expected to exceed performance of Claude Opus 4.8 in sign of narrowing gap between US and China on frontier AI
- Conflicts of interest are back — and more blatant than ever
Democrats would do well to focus their fire on the use of public office by Donald Trump’s circle for private gain
- Energy IPOs surge as investors hunt for ways to play AI boom
Companies coming to market raise money at fastest pace this century, although many stocks perform poorly later
- Netflix shares slide on disappointing growth forecasts
Streaming giant projects weakest revenue increase in three years
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