Gold and silver are stealing the spotlight this week, climbing to record highs as investors brace for more economic turbulence. The rally comes at a time of global unease—an ongoing U.S. government shutdown, renewed trade tensions with China, and expectations of upcoming Federal Reserve rate cuts.
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The United States government shutdown September 30th, 2025. It was caused by the failure to pass a bill extending government services.
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On Friday, October 10, the crypto market had its largest single-day liquidation event ever, bigger than FTX, COVID, or Luna. Almost $20 billion was wiped out, and 1.6 million traders got liquidated. Over 1,000 traders lost over $100,000, 200 lost more than $1 million, and 358 lost everything.
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This week, we’re firmly at the top of
the ride. The tech-heavy Nasdaq Composite index soared to a new all-time high, fueled by
optimism that the Federal Reserve may soon ease interest rates. What’s fueling this surge, and
is this a sign of sustained growth or simply a fleeting moment of market euphoria?
Spotify raised prices on multiple tiers of subscription, going after already shrinking users’ wallets in this current economy. Individual Premium plans rose from $10.99 to $11.99; Duo plans rose from $14.99 to $16.99, and Family plans rose from $16.99 to $19.99. Student prices remained at $5.99, which they were very considerate about. The company cited expansion in spending on audiobook listening, AI capabilities, and infrastructure development.
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Public policy often changes the way companies think about money; not just in how they earn it, but in how they choose to spend it. Taxes, compliance, and financial incentives don’t just determine bottom-line profit; they also create ripple effects that influence corporate behavior in unexpected ways. The recently introduced “One Big Beautiful Bill (OBBB)” is a prime example.
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Nvidia, the world’s leading maker of artificial intelligence chips, made headlines last week with two investments that could reshape Silicon Valley: The company will invest $5 billion in Intel, buying a stake in its long-term rival, and a commitment of up to $100 billion in OpenAI, the creator of ChatGPT.
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On September 22, Argentina’s economy dropped 10%, and its currency, the Argentine peso, has lost 99% of its value over the past decade. Argentina is staring down another wave of financial turmoil, with the peso once again at the center of the storm
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Video games have become the engine for these dreams with franchises like Madden, Fifa, PGA Tour and so on. But Electronic Arts, the renowned producers of these household names, has recently announced they have agreed to a leveraged buyout worth $55 billion to go private.
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Alexzander Gonzalez Staff Writer Who is PNC and FirstBank? PNC Financial services, based out of Pittsburgh, is one of the
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