A shopper walks past shelves of cooking oil for sale at a supermarket in Beijing on October 15, 2025. Pedro Pardo | Afp | Getty Images President Donald Trump‘s tariffs will cost global businesses upward of $1.2 trillion in 2025, with most of the cost being passed onto consumers, according to a new analysis from S&P Global. In a white …
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OpenAI is printing money right now. The company is pulling in roughly $13 billion in annual revenue, with 70% coming from everyday people paying $20 a month to chat with an AI, according to the Financial Times. That’s pretty wild when you consider ChatGPT has 800 million regular users, but only 5% are actually paying subscribers. Raking in billions though …
Read More »JPMorganChase today announced the Security and Resiliency Initiative, a $1.5 trillion, 10-year plan to facilitate, finance and invest in industries critical to national economic security and resiliency. As part of this new initiative, JPMorganChase will make direct equity and venture capital investments of up to $10 billion to help select companies primarily in the United States enhance their growth, spur …
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Credit: Wikimedia Commons. JPMorgan Chase on Monday launched its Security and Resiliency Initiative, committing up to $1.5 trillion over 10 years to strengthen US supply chains, with chairman and CEO Jamie Dimon emphasizing critical minerals essential for national security. Expanding from a prior $1 trillion goal, the plan addresses vulnerabilities exposed by geopolitical risks and over-reliance on foreign sources. Part …
Read More »Wanted: Star bankers and investment talent to steer JPMorgan Chase’s new $1.5 trillion “resiliency” plan, which the firm announced Monday. “If you think you’re the right person, just give us a call,” CEO Jamie Dimon said in a Monday morning call with reporters, issuing an open invitation for interested parties. He said the bank intends to hire a “top-notch investment …
Read More »JPMorgan announces $1.5 trillion U.S. investment initiative Axios JPMorgan Chase says it will invest $10 billion into industries critical for national security CNBC JPMorgan Chase launches $1.5 trillion plan to bolster US economic and national security Fox Business JPMorgan unveils $1.5 trillion plan to boost investments in US strategic industries Reuters JPMorgan to invest up to $10bn in companies ‘essential’ to US Financial Times Source …
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A track record of innovation, strong tailwinds, and an industry-leading position could drive this household name to new highs. The name James Anderson might not ring any bells with U.S. investors, but his track record and investing acumen are well documented. The legendary investor was a rock star at Scottish investment management firm Baillie Gifford for more than 40 years. …
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U.S. President Donald Trump looks on during an announcement about lowering U.S. drug prices, at the White House in Washington, D.C., U.S., Oct. 10, 2025. Kent Nishimura | Reuters On Friday morning, the S&P 500 was less than a couple of points from another all-time high. Then, after a single social media post from President Donald Trump, $2 trillion in …
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The Committee for a Responsible Federal Budget (CRFB), Washington, D.C.’s leading nonpartisan budget watchdog, has sharply criticized the recent government shutdown as “pointless and wasteful” while unveiling the staggering $1.8 trillion federal deficit for the fiscal year 2025. This fiscal gap, reported by the Congressional Budget Office (CBO) in its Monthly Budget Review, reflects ongoing concerns about the nation’s fiscal …
Read More »OpenAI, Nvidia Fuel $1 Trillion AI Market With Web of Circular Deals Bloomberg.com Nvidia Stock Rebounds After AMD-OpenAI News; Is It A Buy Now? Investor’s Business Daily Jensen Huang doesn’t care about Sam Altman’s AI hype fears: He thinks OpenAI will be the first ‘multitrillion-dollar hyperscale company’ Fortune Nvidia and OpenAI plot massive GPU expansion Yahoo Finance Nvidia Stock Drops After AMD OpenAI Deal. …
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