Sarah Mitchell
According to people familiar with the transaction, Alphabet’s global debt sale is seen above $30 billion as investor demand strengthened. Reuters reported the offering grew beyond the roughly $20 billion raised in the initial U.S. dollar tranche. Separately, Alphabet said in its latest earnings guidance it expects $175 billion to $185 billion in 2026 capital … Read more
According to the IRS, 2026 inflation adjustments update tax brackets, standard deductions, and retirement contribution limits for returns filed in 2027. Reuters reports these updates can change paycheck withholding and year-end tax outcomes, but outcomes vary by income, filing status, payroll setup, and state taxes. Here’s the detail that changes the read: most households will … Read more
According to the International Energy Agency’s Electricity 2026 report, global electricity demand is projected to rise by an average 3.6% per year from 2026 to 2030. The IEA said growth is being driven by industry, electric vehicles, higher air-conditioning use, and expanding data centres and AI. The agency said grids and flexibility are becoming the main bottlenecks as … Read more
Elon Musk’s net worth jumped this week after SpaceX agreed to acquire xAI. According to Reuters, the deal values the combined SpaceX-xAI entity at about $1.25 trillion. Forbes reported Musk crossed the $800 billion mark around the announcement, putting renewed focus on whether a higher SpaceX valuation could push him to trillionaire status. What happened: a $1.25 trillion … Read more
The IRS opened the 2026 filing season on January 26, 2026 for tax year 2025 returns, and refund questions usually follow right behind. An IRS refund is not “free money” in most cases—it is often the result of paying more during the year than the final tax bill. The IRS says refund processing is typically up to 21 days for an … Read more
Bitcoin can fall fast, and it rarely falls alone. Many investors still treat crypto like a separate casino, but the walls are thinner than they look. This explainer breaks down the three spillover paths into the stock market, what makes a global hit more likely, and what to watch next. When Bitcoin drops hard, it … Read more
In latest readings (Q2 2025 home-price data; weekly mortgage updates into February 2026), U.S. affordability remains tight. According to FRED’s MSPUS series, the median sales price for new homes sold was $410,800 in Q2 2025. Freddie Mac’s weekly survey has shown 30-year mortgage rates around 6% in recent weeks. That combination keeps monthly payments high even when wages are … Read more
U.S. employers announced 108,435 planned job cuts in January, according to Challenger, Gray & Christmas. That is the highest January total since 2009. Challenger said cuts were up 118% from a year earlier and up 205% from December. It also reported 5,306 planned hires, the lowest January hiring total in its data series. BLS and U.S. Labor Department data showed softer labor conditions … Read more
Just-released February 2026 data from the U.S. Census Bureau’s ACS 1-year estimates exposes a fractured economic map. While Alaska and Hawaii residents are enjoying double-digit purchasing power gains, families in the Northeast are seeing their real wages shrink, creating a stark “Two-Speed Economy” across the 50 states. The New Six-Figure Standard The definition of a … Read more
Uber Technologies posted fourth-quarter revenue that exceeded analyst expectations, fueled by a 30% jump in its delivery business. Despite the strong top-line performance, shares retreated in premarket trading as the company outlined aggressive plans to expand its autonomous vehicle network to 15 cities by 2026. By The Numbers: Q4 Performance Uber reported revenue of $14.37 … Read more