Today, the US House of Representatives narrowly passed (215-214 vote) President Donald Trump’s comprehensive tax and spending legislation, known as the One …
spending
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Finance
DOW Jones up 140 points on retail spending figures and Wallmart price hike warning
by shayaanby shayaanStocks inched higher today, despite concerns over lower retail spending and escalating retail prices. U.S. stocks edged up on Thursday, May 15, …
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Smart Contracts
CoreWeave Revenue Soars on AI Demand, But Heavy Spending Hits Profit
by shayaanby shayaanIn short CoreWeave reported $ 981.6 million in the turnover of Q1, a five -fold increase compared to the same period last …
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Missouri’s House Bill 594 (HB594), which would eliminate capital gains taxes for residents in the state, recently passed a vote in the …
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Web3
Saving vs Spending Crypto: What Are the Benefits of Saving and Spending Digital Money?
by shayaanby shayaanUsing cryptocurrency today isn’t just about paying for online games and items. It’s become an entire ecosystem, one that exceeds what the …
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This is a segment from the Empire newsletter. To read full editions, subscribe. I’ve got a dose of optimistic news for you …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The Fed’s preferred inflation gauge ticked higher in …
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Finance
Japanese influencers and politicians praise D.O.G.E, but Musk’s project won’t clean up wasteful war spending
by shayaanby shayaanPopular accounts on Japanese social media can’t get enough of Elon Musk’s D.O.G.E (Department of Government Efficiency) and talk about dismantling bureaucracy. …
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Regulation
Jerome Powell says he has “no comments” on Elon Musk’s D.O.G.E efforts to cut Fed spending
by shayaanby shayaanFederal Reserve chair Jerome Powell has beef with Washington’s newest, most powerful couple: Mr. Elon Musk and Mr. President Donald Trump. The …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Advance Q4 GDP estimates show growth slowed more …