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Visa Offers Apple Roughly $100 Million to Take Over Credit Card From Mastercard
April (Doctors In Business Journal) - The Battle for Apple’s Credit Card: Visa, Amex, and Mastercard Compete for Dominance: Apple’s credit card has become a prized asset in the world of digital finance, and a fierce competition is underway among major payment networks to claim it. Visa has reportedly offered Apple roughly $100 million to take over its credit card services from Mastercard, highlighting the intense rivalry between Visa, American Express, and Mastercard in secur


Why the Megarich Insist on Buying Homes in Extreme Weather Zones
April (Doctors In Business Journal) - The world’s wealthiest individuals have an insatiable appetite for luxury real estate, and in recent years, a surprising trend has emerged: they are purchasing high-end homes in areas prone to hurricanes, wildfires, flooding, and extreme drought. Not only are they buying in these high-risk locations, but they are also paying record prices for the privilege. From Miami’s hurricane-prone waterfront mansions to California’s wildfire-ravage


How the Middle East Became the Latest ‘Gold Rush’ in Marketing
March (Doctors In Business Journal) - The Middle East has emerged as one of the fastest-growing marketing regions in the world, driven by rapid economic diversification, digital transformation, and an expanding consumer base. With countries like Saudi Arabia, the United Arab Emirates, and Qatar investing heavily in infrastructure, technology, and entertainment, brands are seizing the opportunity to establish their presence in this dynamic market. But what makes the Middle Eas


Federal Reserve Reports $77.6 Billion Loss in 2024 as Interest Expenses Outpace Income
March (Doctors In Business Journal) - The Federal Reserve has reported a loss of $77.6 billion for the fiscal year 2024, marking the second consecutive year that its interest expenses have surpassed interest income. While this loss remains substantial, it represents an improvement from the $114.3 billion loss recorded in 2023.


Jonathan McKernan: Trump’s Nominee for Consumer Financial Protection Bureau Director
March (Doctors In Business Journal) - Jonathan McKernan, a prominent financial regulator and legal expert, has been nominated by former U.S. President Donald Trump to lead the Consumer Financial Protection Bureau (CFPB). As an advocate for financial deregulation and a proponent of industry-friendly policies, McKernan's nomination has sparked widespread discussion in political and financial circles. If confirmed, he would take the helm of an agency established to protect consu


Russell Vought: The Conservative Policy Architect and Former OMB Director
March (Doctors In Business Journal) - Russell Vought, the former Director of the Office of Management and Budget (OMB) under the Trump administration, has emerged as one of the most influential conservative policy minds in recent years. His tenure at the OMB was marked by aggressive fiscal conservatism, regulatory rollbacks, and a commitment to reshaping federal spending priorities. Post-White House, Vought has continued to shape policy debates, particularly through his role


Treasury Secretary Scott Bessent Dismisses Stock Market Volatility Concerns: A Focus on the Long Term
March (Doctors In Business Journal) - In a recent interview with CNBC , U.S. Treasury Secretary Scott Bessent downplayed concerns regarding the recent fluctuations in the stock market and signals of weak economic growth in the first quarter of the year. In response to the ongoing market volatility, Bessent assured the public and investors that the White House’s focus remains on the long-term economic recovery, rather than short-term market fluctuations. His comments come amid


Congress Avoids a Shutdown — and Gives Trump More Tariff Power Against Canada and Mexico
March (Doctors In Business Journal) - On Friday evening, Congress successfully passed a bill that avoided a government shutdown, ensuring the federal government would remain funded through the end of September at spending levels similar to those in the 2024 fiscal year. The passage of the bill was a welcome relief for government workers and citizens alike, as the looming threat of a shutdown had raised concerns about the potential disruption of essential government services.


Eggs Are So Expensive People Are Smuggling Them In From Mexico: A Sign of the Times
March (Doctors In Business Journal) - In the latest bizarre twist in the ongoing battle over rising food prices, eggs have become so expensive in the United States that people are resorting to smuggling them in from Mexico. This growing trend is not only shocking but also a clear indication of how far consumers are willing to go to fight the relentless surge in grocery costs. From sky-high prices at the checkout line to desperate attempts to circumvent them, eggs have become


Consumers and Businesses Send Distress Signal as Economic Fear Sets In
March (Doctors In Business Journal) - Economic Woes Emerge as a Concern for Both Consumers and Businesses. In recent months, economic fear has swept across consumers and businesses alike, signaling a sharp shift in sentiment. From canceled trips to fewer dinner parties and a noticeable dip in sales, it is clear that both individuals and companies are feeling the economic pinch. Consumers, once confident in their spending power, are now scaling back on purchases, while busines


Tesla Warns It Faces Retaliation: Costs from Trump Trade War
March 13 (Doctors In Business Journal) - In a recent announcement, U.S. automaker Tesla (TSLA.O) has issued a stark warning about...


Trump’s Tariffs: Where Things Stand in 2025
Donald Trump has long been a vocal advocate for tariffs and trade protectionism, framing them as tools to revive U.S. manufacturing,...


Inflation May Prevent the Fed From Fending Off a Recession
Sticky Prices, Weak Growth, and a Looming Economic Dilemma. Wall Street is increasingly gripped by a new fear: the U.S. economy could...


Europe, Canada Hit Back at U.S. Steel Tariffs: Retaliatory Measures Target Iconic American Products
The global trade war has intensified as the European Union (EU) and Canada announce retaliatory tariffs against the United States in...


Reasons for the International Financial Crisis and the role of the International Monetary Fund
The international financial crisis has been a well known economic event that took place in recent history. The event uncovered severe weaknesses in the global economic system. What had occurred the global financial crisis involved a lack of financial supervision, excessive risk-taking by banks, and the growth of complex financial products. Furthermore, economic imbalances in the the Asian countries caused a domino effect of currency devaluation. The International Monetary Fun


Analyzing Intra-Industry International Trade
Introduction Intra-industry trade (IIT) is the trading of similar products belonging to the same industry between countries. Unlike...


France’s Debt Problem: Why Europe Isn’t Following Suit
While many European nations have long grappled with high levels of debt, France’s fiscal troubles are emerging as a particularly stark...


How to Prepare Every Part of Your Life for a Recession
As the possibility of a recession looms in 2025, many individuals are feeling the pressure of potential economic uncertainty. While...


China’s Ambitious first-ever megaport in Peru: A Strategic Move in Latin America
In a move that signals China’s deepening economic influence in Latin America, the Asian giant is set to build its first-ever megaport in...


Thailand’s Economy in 2025: A Delicate Recovery and Strategic Shifts
Thailand has faced headwinds in recent years—from political instability to global supply chain disruptions and a sluggish recovery in key...
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