Author: Editor-In-Chief

WASHINGTON (AP) — The International Monetary Fund said Tuesday that the U.S. and global economies will grow slightly more this year than previously expected as the Trump administration’s tariffs have so far proven less destructive than expected, but the agency also said broad tariffs still pose risks.united states economy The IMF forecasts a 2% expansion in 2025 in its influential semi-annual forecast, the World Economic Outlook. This is slightly higher than the IMF’s forecast of 1.9%. Last updated in July and 1.8% in April. The IMF says the U.S. will grow 2.1% next year, just one-tenth of a percentage point…

Portland Trail Blazers head coach Chauncey Billups leaves the Mark O. Hatfield U.S. Courthouse after his arraignment on October 23, 2025 in Portland, Oregon.Mathieu Louis Rolland | Getty ImagesPortland Trail Blazers head coach Chauncey Billups appears to be an anonymous co-conspirator identified in a criminal indictment for allegedly telling another man the team planned to intentionally lose a game against the Chicago Bulls in March 2023 to improve the Trail Blazers’ chances of getting a better pick in the NBA draft.Details in the indictment describing the NBA player and coaching careers of “Conspirator 8” who leaked plans to ruin NBA…

US President Donald Trump is scheduled to arrive in Malaysia on the first leg of a five-day tour of Japan and South Korea, his first visit to a region rocked by aggressive trade tariffs since taking office in January.Economic officials from the United States and China began talks in Kuala Lumpur on Saturday on the sidelines of the Association of Southeast Asian Nations (ASEAN) summit. The move is intended to signal a future direction after President Trump threatened to impose new 100% tariffs on Chinese goods and the Chinese government expanded export restrictions on rare earth magnets and minerals.Recommended stories…

When Rick Senko started reselling used items on eBay, he was “penniless.” A single father who had recently lost his job and was struggling to earn enough money to support his five-year-old son.It was 2008, and the first item he sold — a cell phone he bought on Craigslist for $35 and then on eBay for $75 — felt like discovering “a flaw in the matrix,” says Senco, now 41 and based in Fort Lauderdale, Florida.When he realized he could make a tidy profit by distributing used goods online, he gave it his all. He took advantage of market inefficiencies…

Cola drinks lined up at a 7-Eleven convenience store on July 17, 2025 in Austin, Texas. Brandon Bell | Getty ImagesAmid recession fears, government shutdowns, and tariff uncertainty, consumers are increasingly diversifying their spending.While wealthy Americans are gaining purchasing power, lower-income Americans are beginning to retreat, commonly referred to as the “K-shaped” economy. Friday’s Consumer Price Index report sheds further light on the pressures facing widespread parts of the country.The CPI report, which measures price changes for various goods and services, was originally scheduled to be released nine days early but was delayed due to the government shutdown. The report…

Mamdani, a democratic socialist, energized liberal voters and strongly condemned Israel’s war in Gaza.Polling stations have opened for the start of in-person voting in New York City’s mayoral election, one of the most closely watched elections of the year in the United States.New Yorkers began choosing between Democrat Zoran Mamdani, who has a significant lead in polls, Republican Curtis Sliwa, and Democratic former New York Gov. Andrew Cuomo, who is on the ballot as an independent, on Saturday. Incumbent Mayor Eric Adams is also on the ballot, but withdrew from the race last month and recently announced his support for…

The browser wars are heating up again, and this time AI is in the driver’s seat. OpenAI just released Atlas, a ChatGPT-powered browser that allows users to surf the web using natural language, and also features an “agent mode” that allows users to complete tasks autonomously. It’s one of the largest recently released browsers, but it debuted with unresolved security flaws that could potentially expose passwords, emails, and sensitive data. On TechCrunch’s Equity podcast, Max Zeff, Anthony Ha, and Sean O’Kane break down the debut of Atlas, the widespread wave of alternative browsers, and other startup and technology news of…

intel ended six consecutive quarters of losses and returned to profitability in the third quarter.In its first earnings report since the Trump administration took a 10% stake in the company, the U.S. chipmaker posted strong earnings and pointed to strong demand for chips expected to continue into 2026.Client computing revenue, which includes PC and laptop chips, increased 5% year over year, benefiting from stabilization of the PC market and the outlook for artificial intelligence PCs.Chief Executive Officer Lipbu Tan said on a conference call with analysts on Thursday that artificial intelligence is “a strong foundation for sustainable long-term growth as…

Ten thousand soldiers aboard 10 U.S. warships, including nuclear submarines, several destroyers and missile cruisers, are patrolling the southern Caribbean, marking the largest U.S. military buildup in the region in decades. At least seven ships believed to be transporting drugs were blown up and more than 32 people were extrajudicially killed. And now the US government is threatening Venezuela with direct military action. According to reports, the Pentagon is developing plans for a military strike inside Venezuela, and President Trump has authorized the CIA to conduct deadly covert operations in the country.All of this is ostensibly aimed at removing President…

NEW YORK (AP) — Wall Street had one of its most profitable quarters in history, if the earnings released Tuesday by the nation’s four largest banks are to be believed. Companies are closing deals one after another, stock prices are skyrocketing, and world economy It has remained resilient despite tariffs and geopolitical upheaval.Despite strong earnings at JPMorgan Chase & Co., Citigroup Inc., Wells Fargo & Co. and Goldman Sachs & Co., bank executives expressed varying degrees of caution about the market and the economy, including concerns that asset prices in some markets were overly inflated.”The U.S. economy generally remained resilient,…