economy

PayPal shares rose over 21% during premarket hours on Wednesday after Stripe's $53 billion buyout offer, and Michael Burry's claim that he won't sell the stock despite the premium.

Niloy Chakrabarti Jul 15, 2026

Stripe and Advent's $53 billion bid for PayPal highlights a strategic shift towards consolidation in fintech, valuing PayPal's global network over its beaten-down stock price.

Niloy Chakrabarti Jul 15, 2026

Sridhar Vanka's story highlights challenges for skilled immigrants in US tech, including H-1B restrictions and layoffs at Meta. Explore broader impacts on America's immigration system and tech industry.

Niloy Chakrabarti Jul 15, 2026

Volkswagen may cut up to 100,000 jobs globally as part of a major restructuring effort, driven by declining profits and increased competition. Analysts suggest this could be a negotiation tactic.

Niloy Chakrabarti Jul 14, 2026

Gen Z is increasingly choosing trade schools over traditional college degrees, driven by rising tuition costs and the belief that hands-on skills will protect their jobs amid AI automation.

Niloy Chakrabarti Jul 14, 2026

The US government's debt interest payments have reached $24 billion weekly, surpassing spending on major federal agencies, highlighting a growing fiscal challenge for policymakers.

Niloy Chakrabarti Jul 13, 2026

Trump Accounts, with their $1,000 Treasury contributions, might affect your child's need-based financial aid eligibility by up to 20%. Learn about the implications for FAFSA and potential tax consequences.

Niloy Chakrabarti Jul 10, 2026

Michael Burry opened positions in DraftKings and Flutter, and shared how he uses his unique IV15 valuation metric to identify potential value stocks.

Niloy Chakrabarti Jul 09, 2026

Technology analyst Ed Zitron challenges the sustainability of AI's business model, sparking debate over whether AI is a genuine technological revolution or an unsustainable investment bubble.

Niloy Chakrabarti Jul 08, 2026

President Trump claims credit for Walmart's summer discounts, attributing them to his administration's efforts, despite the retailer's regular seasonal sales.

Niloy Chakrabarti Jul 07, 2026

Over 75 million Americans receive Social Security and SSI benefits. While payments schedules are usually based on birthdays, recipients face a three-Wednesdays cycle in July.

Niloy Chakrabarti Jul 07, 2026

Mark Cuban believes raising the minimum wage to $20 per hour is a smart business move as it boosts morale, as well as reduces turnover and taxpayer burden.

Niloy Chakrabarti Jul 06, 2026

Michael Burry warns of an AI stock bubble, citing unsustainable valuations and investor FOMO. He predicts a gradual decline in AI spending rather than a sudden bubble burst.

Niloy Chakrabarti Jul 06, 2026

Companies are reversing AI-driven layoffs as expected cost savings and efficiency gains fail to materialise, leading to rehiring and a renewed focus on human expertise.

Niloy Chakrabarti Jul 03, 2026

Robert Kiyosaki admitted he made a mistake in predicting a gold price trend reversal, soon after claiming earlier he had mastered technical chart analysis after learning for years.

Niloy Chakrabarti Jul 01, 2026

Billionaire donations like Elon Musk's for the 2026 midterms raise concerns over influence, as Bernie Sanders calls for banning super PACs to protect democracy.

Niloy Chakrabarti Jun 26, 2026

Ramit Sethi critiques traditional financial advice, advocating for a rich life without sacrificing lifestyle, contrasting Kevin O'Leary's focus on frugality and long-term savings.

Niloy Chakrabarti Jun 26, 2026

Bitcoin prices dropped significantly as $3.5 billion worth of BTC wallet outflows were recorded on Wednesday in a span of two hours amid the tech sector selloff.

Niloy Chakrabarti Jun 25, 2026

Economist Peter Schiff criticises Michael Saylor for allegedly misleading retirees about STRC stock's volatility, highlighting its significant price drop and questioning the sustainability of its dividends.

Niloy Chakrabarti Jun 25, 2026

The US Mint will release 250,000 special edition quarters for America's 250th anniversary, featuring a 'July 4' privy mark, making them a collector's item as they enter circulation randomly via banks.

Niloy Chakrabarti Jun 24, 2026

Ilhan Omar's 2025 financial disclosures reveal a drastic decline in reported assets, sparking scrutiny over previously disclosed net worth amid claims of accounting errors.

Niloy Chakrabarti Jun 24, 2026

The controversy between Elon Musk and Representative Ro Khanna focuses on allegations of insider trading and the impact of USAID cuts.

Niloy Chakrabarti Jun 23, 2026

Financial expert Dave Ramsey advocates for reallocating 20% of Halloween and pet budgets to combat hunger in the US, emphasising community solutions over government dependency.

Niloy Chakrabarti Jun 22, 2026

Dana White said negotiations for a UFC fight between Elon Musk and Mark Zuckerberg at the Colosseum were real, and the tech titans would have put up $150 million of their own money.

Niloy Chakrabarti Jun 22, 2026

Robert Kiyosaki shares his investment insights on precious metals and cryptocurrencies, highlighting past mistakes and future predictions, including a potential economic crash in 2026.

Niloy Chakrabarti Jun 22, 2026

California's proposed wealth tax on billionaires, backed by Khanna and Sanders, aims to fund healthcare and education. Zuckerberg and Bezos are relocating amid economic fears.

Niloy Chakrabarti Jun 19, 2026

US student loan forgiveness notifications are being sent to borrowers from colleges accused of misconduct, offering relief amid rising inflation and economic uncertainty.

Niloy Chakrabarti Jun 18, 2026

Senator Bernie Sanders criticises the wealth surge of tech billionaires, highlighting economic struggles faced by American families amid inflation and poverty.

Niloy Chakrabarti Jun 18, 2026

Elon Musk's net worth surpassed $1 trillion as the SpaceX stock gained 27% since debuting last week, with the trillionaire forecasting $1 trillion in revenue by 2031.

Niloy Chakrabarti Jun 18, 2026

BlackRock's strategic layoffs align with the financial sector's AI adoption and ongoing expansion through mergers, reflecting a shift towards operational efficiency.

Niloy Chakrabarti Jun 17, 2026