US economy

U.S. Government Acts to Combat Rising Egg Prices

News Summary In response to soaring egg prices that reached an average of $4.95 per dozen in January, the U.S.…

2 weeks ago

Citigroup’s $81 Trillion Blunder: A Financial Near Miss

News Summary In April 2024, Citigroup experienced a massive mix-up when an employee accidentally credited a client's account with $81…

2 weeks ago

OpenAI Unveils GPT-4.5: The Future of Emotionally Intelligent AI

News Summary OpenAI has launched GPT-4.5, its latest AI model boasting advanced emotional intelligence and contextual understanding. CEO Sam Altman…

3 weeks ago

Bitcoin Prices Take a Hit as Market Turmoil Unfolds

News Summary Bitcoin has plunged below $80,000 for the first time since November 2024, marking a 25% drop from its…

3 weeks ago

U.S. Announces $1 Billion Plan to Combat Bird Flu and Egg Prices

News Summary The U.S. government is investing $1 billion to address the bird flu crisis and rising egg prices. The…

3 weeks ago

Fortune Media’s Business Insights for 2025

News Summary Fortune Media IP Limited shares its 2025 business insights and updates on privacy policies. The company emphasizes user…

3 weeks ago

Seven & I Holdings’ Management Buyout Fails

News Summary Seven & I Holdings has experienced a setback as its $58 billion management buyout led by the Ito…

3 weeks ago

USDA Launches $1 Billion Initiative to Combat Egg Price Spike

News Summary The USDA has announced a $1 billion initiative to address rising egg prices and the avian flu crisis.…

3 weeks ago

North Korean Hackers Steal $1.5 Billion from Bybit

News Summary The FBI has linked North Korean hackers to a massive $1.5 billion cryptocurrency theft from Bybit, a Dubai-based…

3 weeks ago

Starbucks Menu Changes and Strikes Impacting Operations

News Summary Starbucks is set to shake up its menu starting March 4, 2025, cutting multiple beverages to streamline offerings…

3 weeks ago