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Learn about America’s Financial Marketplace

Updated: Nov 9, 2024

By: Lucinda Mavuso


Robotaxi: Elon Musk spoke at Trump’s rally in Philadelphia this past weekend. Musk’s appearance will influence the markets significantly with his robotaxi, a self-driving or driverless taxi, which will be released on Oct. 10. Investors are waiting with bated breath and the share price of TESLA might shoot up. According to Yahoo Finance, analysts are estimating it to reach a $310 target leading to the event. I am still trying to wrap my head around EV’s, and I am not sure the world is ready for a robot vehicle. With oil prices decreasing, we are seeing the demand for cars increase, given the interest rate cut.


Hurricane Milton: 

There is a crucial economic downturn in Florida due to Hurricane Milton. 

Tampa, Orlando, and Palm Beach airports are shut down and gas stations are out of gas. Insurance companies are preparing for considerable losses. Wells Fargo foresees insured losses worth $20 billion. Elyse Greenspan the Managing Director of Insurance at Wells Fargo Securities projects, universal insurance is already taking a hard beating, and the share price is responding to the macroeconomics. 

If you have family and friends in Florida, I hope they have evacuated and stay safe.


FTX bankruptcy: Yes, it is still an operating business with Bankman Fried incarcerated. Creditors will be getting their money back since the company filed for Chapter 11 bankruptcy in May 2022 (CNBC). 


Cook County Finance Committee Meeting: There is a virtual and in-person meeting on Oct. 11 at 10:30 AM. The board will be talking about the fiscal 2025 budget for Cook County. If you are interested here is the link to join https://www.cookcountyil.gov/service/watch-live-board-proceedings

Photo Credit: Tito


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Alexis Sandoval

Staff Photographer
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Alexis is a Mexican-American artist that is in her second year of College and is encouraged to learn and get out of her comfort zone. 

 

Before she started college, she knew she was interested in Psychology and, when the time came, she made sure to make that her major. Once she is done with Community College, she will transfer to a 4-year-university to Social Work. Personal hobbies are writing, drawing, photography, and reading. Outside of those topics, she is fascinated by animals, philosophy, biology, and science. She hopes to travel in the future to Mexico and Iceland. 

Daria Nowak
DariaNowakwtn@gmail.com

Daria is a second year at Wright College. They are Polish. Majoring in Psychology, most likely transferring over to Dominican University or UIC and planning to be a psychiatrist. Daria enjoys playing video games, creating art, hanging out with friends, and trying out new foods. They wish to travel the world some day.

Santiago Ramirez

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Santiago is a first year student whose major is mixed media and arts. Santiago joined the newspaper because he wants to become a sports broadcaster and he sees that one way to help him achieve his goal is being a part of the news here as he wants to share the news. Some of Santiago’s hobbies are hanging out with friends and playing sports or watching sports and playing video games with friends.

Fall 2025 Staff Members

Meredith Baumgartner

Staff Reporter

 

Meredith is a second-year student

with an undecided major but is interested in Psychology. She likes staying home but also likes hanging out with friends. Her favorite holiday is Halloween and loves watching horror movies. Meredith dreams of traveling the world, trying all types of diverse cultures.

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