• Fri, February 21, 2025

by: jacobin

US Economic Decline Has Been Greatly Exaggerated

A focus on GDP and national accounts gives a misleading picture of US economic power. In the age of globalization, production can be based in countries like China while most of the profits flow back to American firms,

by: Inc

What Would Trump Taking Control of the USPS Mean for You?

by: MSN

Coinbase Stock Swings After SEC Drops Lawsuit

Coinbase stock is bouncing between positive and negative territory Friday on news the SEC is dismissing its lawsuit against the the crypto exchange.

by: MSN

This Stock Has a 10% Dividend Yield and Trades at a 52-Week Low. Is It a Bargain Right Now?

In this video, two Fool.com contributors discuss whether this 10%-yielding stock is worth a closer look. *Stock prices used were the morning prices of Feb. 20, 2025. The video was published on Feb. 21,

by: MSN

What's JD Vance's net worth?

While the exact circumstances of Vance's childhood in Middletown, Ohio, are a matter of dispute and speculation, he certainly faced trying circumstances. His mother was addicted to painkillers and "raised her own children amid violence,

by: MSN

No, image doesn't show Project 2025's "plan for women"

A screenshot authentically shows a "plan for women" outlined on page 432 of Project 2025 — a sweeping, conservative plan for a U.S. Republican presidential administration — that would curtail their rights on various issues.

by: MSN

Dow falls nearly 750 points and US stocks tumble as businesses and consumers worry about tariffs

U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Donald Trump's policies may be hitting the U.S. economy. The S&P 500 sank 1.7% for its worst day in two months.

by: MSN

Clean and uninterrupted BMX clip

Los Angeles Mayor Karen Bass has removed Los Angeles Fire Chief Kristin Crowley and alleged that her response to the wildfires that devoured parts of Los Angeles County was mishandled. CBS News' Carter Evans has more. US TV fans celebrate as beloved cancelled show gets spin-off resurrection

by: MSN

Booming business in Chapin: Construction begins on Lake Murray Business Park

Developers say the business park will be located on a 8.14-acre tract of land at the intersection of Chapin Road and Primrose Lane.

by: MSN

RAK Ruler appoints Director General of Department of Finance

The decree is effective from the date of issuance and will be published in the official gazette. Salem Al Owais brings extensive expertise in leading

by: MSN

Five9, Inc. (NASDAQ:FIVN) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 20, 2025 Operator: Thank you for joining us today. Certain statements made during the course of this conference call that are not historical facts including those regarding the future financial performance and cash position of the company,

by: MSN

Legal Tips for Startups: 4 Essentials Every New Business Should Know

So you've got a great business idea and you're excited to share it with the world. Now is the time, at the earliest stage when you're honing your mission and image, to ensure that you've put all the necessary legal responsibilities on your to-do list.

by: MSN

Business Lookahead: Ukraine, Germany, tariffs and more

From U.S. President Donald Trump's rhetorical shift on Ukraine to Nvidia's first quarterly results since the emergence of DeepSeek, these are the stories to watch in business and finance in the coming week.
  • Sat, February 22, 2025

by: CNN

Dow tumbles more than 700 points as inflation and tariff fears mount

US stock markets fell sharply Friday after an economic report showed American consumers are growing increasingly fearful of price increases and how President Donald Trump's tariffs could reignite the inflation crisis.

by: Tuko

University of Kabianga Advertises 20 Vacancies for Job Seekers

The University of Kabianga has announced 20 job vacancies, offering opportunities for both academic and non-teaching staff. The positions include lecturer roles.

by: Kiplinger

Social Security Fairness Act Adds to Pressure on Safety Net

While the law seeks to level the playing field for many federal employees, the sustainability of the Social Security system is now facing even more challenges.

by: GOBankingRates

I'm a Bank Teller: 9 Reasons You Should Never Ask for $2 Bills From the Bank

Two dollar bills -- what grandfather doesn't love giving them and what kid doesn't love getting some extra money? But they're not all whimsy and fun times -- in fact, bank teller Rachael P. said

by: eNCA

Organisations want Finance Minister to speak on SME's on 2025 budget

On Wednesday, Finance Minister Enoch Godongwana planned to announce an increase of 2 percentage points in VAT during the 2025 budget speech. However, objections within the Government of National Unity forced the minister to delay his speech. Critics argue that increasing VAT would come at a dire human cost, especially for the poor.

by: Forbes

From Memes To $500 Million In Revenue: The Pump.Fun Phenomenon

Pump Fun has made it easy for anyone to launch a memecoin. And the founders have made become multi-millionaires in the process.

by: TechCrunch

Augury and Hightouch are in the unicorn club

Welcome to Startups Weekly — your weekly recap of everything you can't miss from the world of startups. Want it in your inbox every Friday? Sign up here.

by: Fortune

Buffett says Berkshire 'will forever' deploy most of its capital in equities and never prefer cash over good businesses

"In effect, I have depended on the success of American businesses and I will continue to do so."

by: Zawya

Al Baraka Group achieves consolidated net income of $309mln for the year ending 2024

Manama: Al Baraka Group B.S.C. (C) ("Group") has achieved a significant leap in its financial performance during the last three months of 2024 and for the year as a whole, compared to 2023.

by: AOL

Blue Origin Prepares for Layoffs. Here's What Space Stock Investors Need to Know

Boeing (NYSE: BA) investors got a bit of a shock last week, when word leaked out that the aerospace company's ailing defense and space division, known as BDS, is bracing for layoffs. This dedicated space business builds everything from rockets to satellites to missile defense systems,

by: Week99er

Qubetics Secures $13.5M as the Best Crypto Presale for 2025, While Litecoin Price Prediction Shake Up the Market

In the crypto market recent developments have captured the attention of investors and enthusiasts alike. Canary Capital's proposed Litecoin Spot ETF has been listed on the Depository Trust & Clearing Corporation (DTCC),

by: Kiplinger

Five Wins for Federal Employees in the Social Security Fairness Act

This is part one of a three-part series about making the most of the changes in Social Security benefits for federal employees brought about by the new Social Security Fairness Act (SSFA). Part two arrives on Saturday,

by: AOL

Mercedes-Benz won't be following Tesla and Elon Musk into robotaxis

The Cybercab was unveiled last October at a glitzy event at a Warner Bros. studio in Burbank, Calif. It's a battery-powered autonomous car without a steering wheel or pedals. It's currently being beta tested in the Bay Area, where Tesla employees hail rides using an app, though the vehicles still feature safety drivers.

by: AOL

America's foremost DEI shareholder activist warns that anti-diversity groups are forcing companies to underperform

Removing obstacles to women and people of color creates a true meritocracy, and shareholders know that's good for business, says Andy Behar, CEO of As You Sow.

by: MSN

F&G Annuities & Life, Inc. (NYSE:FG) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 21, 2025 Operator: Good morning, and welcome to F&G Annuities & Life, Inc.'s Fourth Quarter and Full Year 2024 Earnings Call. During today's presentation, all callers will be placed in a listen-only mode.

by: MSN

I'm getting a 30k bonus and have no credit card debt. Should I pay off my car loan, or do something else with the money?

Would you rather be debt-free, or carry a little debt, but also have enough cash tucked away in a rainy day fund, to deal with any unexpected curveballs that life might throw at you over the next few months?

by: MSN

How Russia, China, and the 'debt brake' are keeping Germany's economy stuck in the slow lane as voters go to the polls

Germany has the world's third-largest economy, but is struggling to kickstart growth. It's one of the issues facing voters in Sunday's elections.

by: MSN

New Flint Housing Commission CEO looks for new path forward -- for himself and troubled agency

When David A. Northern walked through the doors at the Flint Housing Commission this week, he started a massive job aimed at fixing what's wrong with the troubled public housing agency. But it wasn't the first time he came to Flint with an intent to help.

by: MSN

Dow craters, DOGE dividend? and DOJ eyes UnitedHealth

A volatile week on Wall Street sent stocks into free fall, even as DOGE keeps cutting waste and floats the idea of giving taxpayers a dividend down the road.

by: MSN

A Guide to Launching a Successful Online Business in 2025

Launching an online business in 2025 is an incredible opportunity to align your passions with profits in a world of digital-first consumers.

by: MSN

Your investment, financial, and retirement questions answered

Apart from the Retirement Annuity (RA) and Tax-Free Savings Account (TFSA) that I already have, what other investment options should I consider? Jonathan Fisher, Wealth Manager, PSG Wealth Sandton Grayston.

by: MSN

Africa's Richest Man and His $20 Billion Oil Refinery From Hell

After making billions in cement, Nigerian Aliko Dangote is tackling oil and corruption in his quest to become Africa's Rockefeller.

by: MSN

How to calculate the break-even point and know when your business is profitable

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by: MSN

North Bay residents see egg business booming amid price spike

At a meeting of governors at the White House on Feb. 21, Maine governor Janet Mills defied president Donald Trump's threat to withhold federal funding. Sooji Nam reports on Marin County businesses see opportunity in rising egg prices.

by: MSN

1 Cryptocurrency to Buy Right Now With $1,000, and 1 to Avoid Forever

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by: MSN

Billionaires Are Selling These Dow Jones Stocks and Buying These Instead

The Dow Jones Industrial Average includes 30 of the strongest companies around. This includes industry leaders that have a long record of delivering solid returns for investors, and many of these stocks pay regular dividends to shareholders.

by: MSN

Eldorado Gold Corporation (NYSE:EGO) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 21, 2025 Operator: Thank you for standing by. This is the conference operator. Welcome to the Eldorado Gold Fourth Quarter and Year End 2024 Results Conference Call.

by: MSN

Is Nvidia a Bargain Buy Before Feb. 26? The Evidence Is Piling Up and Here's What It Shows.

Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks on the planet in recent years. In fact, over the past two years, it's soared more than 800%. There's a clear reason for this. The company has created an artificial intelligence (AI) empire,

by: MSN

Business Finances: A Comprehensive Guide for Entrepreneurs

Starting a business is an exciting venture, but managing its finances can be daunting. Understanding the nuances between personal and business finances, utilizing the right tools, and avoiding common pitfalls are crucial steps in ensuring your business's financial health.

by: MSN

Telephone and Data Systems, Inc. (NYSE:TDS) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 21, 2025 Telephone and Data Systems, Inc. beats earnings expectations. Reported EPS is $-0.09, expectations were $-0.32. Operator: Hello, and thank you for standing by.

by: MSN

3 numbers that show how dramatic Walmart's transformation has been with Amazon nipping at its heels

While investors weren't too thrilled when Walmart reported a conservative outlook during its fourth-quarter earnings this week, the company shared three key numbers that underscore just how much the company has grown in recent years.

by: MSN

Leadership and business culture in startups: How to build a motivated team

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by: MSN

'Carol from accounts': Row erupts at Cheshire West and Chester Council meeting

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: MSN

After 150 Years of Friendship, the U.S. and Canada Come to Blows

Tariff threats and talk of making Canada the 51st state have unleashed rancor and instability into one of the world's most powerful partnerships

by: MSN

Local business sues city over issues related to rail development

The owners of a now-closed Chinatown shop are suing the city for damages they claim were caused by the city's public transit authority.

US Economic Decline Has Been Greatly Exaggerated

A focus on GDP and national accounts gives a misleading picture of US economic power. In the age of globalization, production can be based in countries like China while most of the profits flow back to American firms,
The article from Jacobin, published in February 2025, discusses the perceived economic decline of the United States in comparison to China's rising economic power. It highlights several key points: the shift of global economic influence from the West to the East, particularly towards China, due to its aggressive industrial policies, technological advancements, and significant investments in infrastructure and education. The piece critiques the U.S. for its corporate-driven economic model, which has led to increased inequality, a focus on short-term profits over long-term growth, and a decline in manufacturing capabilities. It argues that while the U.S. has been distracted by financialization and speculative bubbles, China has been methodically building a robust, state-supported industrial base. The article also touches on the political implications, suggesting that the U.S.'s economic strategies have not only failed to keep pace with China but have also contributed to domestic issues like wage stagnation, job losses, and a widening wealth gap, potentially leading to a loss of global economic leadership.

Read the Full jacobin Article at:
https://jacobin.com/2025/02/us-economic-decline-corporations-china

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