Economy

Wall Street Banks Race to Contain Fallout After Major Real-Estate Data Breach

SMGN Publishing November 24, 2025

Banks Rush to Evaluate Exposure After Real-Estate Data Firm Suffers Significant Breach A large-scale cybersecurity breach targeting a prominent real-estate technology provider has prompted some of the biggest financial institutions on Wall Street to conduct urgent internal reviews. They are working to determine the extent of the information accessed. The

AI Investment Momentum Sparks Rising Doubts About Long-Term Market Stability

SMGN Publishing November 23, 2025

Artificial intelligence has become the centerpiece of global technology spending, and nowhere is this more visible than in the rapid ascent of companies positioned at the center of the AI boom. Nvidia, for example, has experienced exponential growth in market value over the past two years, turning its CEO Jensen

Wall Street Turmoil Intensifies as Rate-Cut Uncertainty and AI Market Fears Trigger Wild Swings Across Stocks and Crypto

SMGN Publishing November 21, 2025

Wall Street Turbulence Deepens Amid Rate-Cut Confusion and Mounting AI Bubble Fears Wall Street endured a destabilizing stretch of trading that left investors scrambling to interpret shifting signals on interest rates, labor-market strength and the sustainability of the artificial intelligence boom. After a dramatic sell-off on Thursday wiped out early

US Job Market Shows Unexpected Momentum in September Despite Rising Layoffs, Inflation Pressures and AI Workforce Shifts

SMGN Publishing November 20, 2025

The latest data on the US labor market revealed an unexpected surge in September hiring. It reversed the sluggish momentum that dominated most of the summer. Employers added 119,000 new jobs, a figure that caught many analysts off guard. It contradicted forecasts anticipating significantly weaker employment activity. This increase came

Why the $2,000 Tariff Rebate Checks Trump Promised Are Unlikely to Happen

SMGN Publishing November 19, 2025

Trump $2000 tariff rebate checks have become a topic of discussion. This is because President Donald Trump has revived a bold economic proposal by declaring that Americans could receive $2,000 tariff rebate checks next year. He suggested that “hundreds of billions of dollars” collected from tariffs would be redistributed as

Google Warns of Trillion-Dollar AI Investment Bubble as Tech Valuations Surge Across the U.S. Market

SMGN Publishing November 18, 2025

Google Raises Concerns About an Overheated U.S. AI Investment Market The rapid growth of the American artificial intelligence sector has pushed corporate valuations to unprecedented levels. This has triggered new warnings from Google CEO Sundar Pichai about the risks of a trillion-dollar bubble forming across the tech industry. While he

Trump Defends Saudi Crown Prince Amid Renewed Scrutiny Over Khashoggi Killing

SMGN Publishing November 18, 2025

Trump Reinforces Support for Saudi Crown Prince as Debate Over Accountability Intensifies Former President Donald Trump renewed his public defense of Saudi Crown Prince Mohammed bin Salman during an Oval Office exchange. This exchange reignited global attention on the killing of journalist Jamal Khashoggi. While dismissing questions related to responsibility

Holiday Wine Prices Set to Rise in the U.S. as New Tariffs Pressure Importers, Retailers, and Consumers

SMGN Publishing November 15, 2025

Wine lovers preparing for holiday gatherings in 2025 are facing an unexpected challenge: higher prices and reduced availability at wine shops across the United States. Retailers are bracing for significant changes in wine costs as tariff policies collide with shifting consumer behavior, rising production expenses, and slowing demand. Many shop

Walmart CEO Doug McMillon to Step Down After a Decade as Retail Giant Accelerates Its U.S. and Digital Expansion

SMGN Publishing November 14, 2025

Walmart Announces Leadership Shift as Doug McMillon Retires After a Decade of Transformation Walmart confirmed that chief executive Doug McMillon will retire in January after more than ten years leading the world’s largest retailer. He led it through a period of extensive reinvention, digital acceleration, and a sharpened strategic focus

Trump Ends Record Government Shutdown With Short-Term Spending Bill Amid Political Tensions

SMGN Publishing November 13, 2025

Federal Operations Resume After Historic 43-Day Shutdown After more than six weeks of suspended services and unpaid federal employees, President Donald Trump has officially signed a short-term budget bill to reopen the U.S. government. This move marks the point where Trump ends longest government shutdown in the nation’s history. The

Trump Warns of Tariffs Over Iran Trade

Felipe Cardona February 7, 2026

US President Donald Trump has moved to intensify economic pressure on Iran by signing an executive order that threatens additional tariffs on countries that continue commercial ties with Tehran. The measure authorizes penalties on goods entering the United States from any nation deemed to be trading directly or indirectly with

Bad Bunny Set to Redefine the Super Bowl Halftime Show with Music, Culture, and Protest

Sarah Olivella February 6, 2026

Bad Bunny is preparing for one of the most consequential performances of his career as he steps onto the Super Bowl halftime stage, carrying not only the weight of global stardom but also the responsibility of representing Puerto Rican culture and Latino identity before an audience that regularly surpasses 115

AI Spending Triggers Big Tech Stock Rout

Felipe Cardona February 6, 2026

Big Tech shares have come under intense pressure after renewed concerns that aggressive artificial intelligence spending could be outpacing near-term returns. Over the past week, more than $1 trillion in market value has been erased as investors reacted to earnings reports that highlighted the scale and persistence of capital expenditures