Tommy R

Tommy was born in Mexico, loves soccer, and recently proposed to his girlfriend in Greece. His favorite thing to cook is birria tacos, which is a family recipe that he really cherishes.

Dollar Remains Strong, Euro Weakens on Political Uncertainty

The dollar continued to hold its footing this weak, holding a strong position compared to other currencies. This is especially the case with the Euro, which traded around its lowest point in months after being weakened by political uncertainty...

Federal Reserve Project One Rate Cut in 2024

During a meeting on Wednesday, the Federal Reserve kept its benchmark interest rate unchanged. Additionally, the U.S. central bank projected just one interest rate cut compared to the previously expected three cuts. The Fed’s rate remained steady for almost a...

OpenAI Hires Ex-Nextdoor CEO Sarah Friar as Their First CFO

OpenAI, the artificial intelligence company behind Chat GPT, announced on Monday that it hired Northern Ireland business executive Sarah Friar as their first chief financial officer. Friar previously served as the CEO of the social media company Nextdoor. According to...

U.S. Job Gains Bigger Than Expected, Unemployment Rate at 4%

The Labor Department’s Bureau of Labor Statistics shared its jobs report on Friday, which revealed that the United States economy added more jobs than expected. The analysts expect this development to cause the Federal Reserve to hold off its...

Warren Buffett’s Berkshire Hathaway Reveals Its Secret Stock

For the past three regulatory filings, Warren Buffett’s Berkshire Hathaway has been keeping one of its stock holdings confidential. Now, the conglomerate revealed that the secret stock has been the insurance company The Chubb Corporation. In a regulatory filing made...

McDonald’s Reports Mixed Q1 Results, Misses on Sales Estimates

Fast food enthusiasts haven’t been flocking to McDonald’s in the first quarter of 2024 in the manner the company expected. Sharing its quarterly result, McDonald’s revealed misses on sales estimates as well as revenue growth and earnings. In the U.S.,...

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