IMF projections show U.S. government debt climbing faster than most G7 peers, surpassing the group’s average in 2025 and reaching about 143% of GDP by 2030—second only to Japan.
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Nvidia becomes first company worth $5 Trillion as it solidifies its AI dominance
Despite U.S. tariff uncertainty and China’s ban on chips, the AI GPU leader, Nvidia continues to grow – all due to the strong demand for GPUs (graphics processing units) which it aims to fulfill through strategic partnerships. Its recent partnerships with South Korea’s top companies and its earlier $100 billion OpenAI deal are just the latest in NVIDIA’s long history of AI alliances.
The Fed cuts interest rate for second time in 2025
Persistently high inflation makes this reduction a tricky one. The interest rate cut is the first in Trump’s second term as well as the first in 2025.
Mapped: Where U.S. Furniture Trade Deficits Are Deepest as New Tariffs Take Effect
Beginning midnight, Oct. 14, 2025, imports of select wood and furniture items—including softwood, kitchen cabinets, bathroom vanities, and upholstered furniture—face new Section 232 tariffs, targeting imports of timber, wood products, furniture, and cabinetry.