Regulatory Hurdles Remain Despite Cannabis Reclassification
Tuesday afternoon saw a spike in cannabis stocks due to reports that the Biden administration might reclassify the substance as less harmful. T
May 03, 2024 03:16 PM EDT
JPMorgan Predicts No Rate Cuts, Potentially Boosting Returns
JPMorgan Chase & Co. President Daniel Pinto suggested that the Federal Reserve might not cut interest rates at all this year due to persistently high inflation.
Is Your Luxury Bag Real? Rising Superfake Quality Threatens Your Investment
Luxury handbag counterfeiting has taken off on social media. The most recent wave of counterfeit handbags, dubbed "superfakes," resembles the real luxury item remarkably well rather than being poorly constructed knockoffs.
Inflation Bites as Low-Income Shoppers Skip Extras
Several of the most well-known companies in America claim that as prices rise, inflation is pinching their customers.
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Why a Used Car is a Better Purchase in Today’s Market
As long as there's too much national debt the Federal Reserve must maintain low-interest rates or banks default on their loans. That means consumer borrowing costs remain low and the market for used cars stays highly competitive.
Feb 23, 2024 03:38 PM EST
4 Cars Owners Regret: Teslas, Sports Cars, and More
That's the problem with cars these days like Tesla and the Apple Car. They just don't make them to last. With all this new technology, it's just a bunch of computers on wheels. You're lucky if your new car lasts 100,000 miles without a major issue.
Feb 23, 2024 03:30 PM EST
What Are Crypto ETFs? A Beginner's Guide
So why would a crypto ETF matter? If an ETF is a basket of securities yet the Bitcoin ETF only has Bitcoin, why not just buy Bitcoin?
Feb 23, 2024 03:17 PM EST
Revised FAFSA Glitches Cause Financial Aid Hang-Up
This year, the anxiety that many students have about receiving the necessary financial help to attend their first-choice college is dampening their pleasure over getting admitted.
Feb 23, 2024 11:10 AM EST
Investors Brace for Wait: Fed's Waller Dampens Rate Cut Hopes
Christopher Waller, the governor of the Federal Reserve, stated on Thursday that before he is ready to back interest rate reductions, he will need to see more proof that inflation is down.
Feb 23, 2024 10:14 AM EST
Cooling Inflation, Rising Rates: Are High-Yield Savings Accounts Still Your Best Bet?
The recent years have not been the best for interest rate environments. The greatest inflation rate in decades, coupled with high interest rates intended to control it, has caused Americans to feel the pinch of the economy almost everywhere-from their mortgage payments to their food bills.
Feb 23, 2024 06:07 AM EST
Reddit's IPO Filing Shows Growth, But Questions Remain
Reddit made public its initial public offering (IPO) filing on Thursday, one day before its much-awaited scheduled March stock market debut in the United States. The social network firm said that its net loss decreased to $90.8 million and revenue growth was around 21% in 2023.
Feb 23, 2024 12:19 AM EST
Why Bidenomics is a Complete Failure
The numbers don't lie, and they paint a picture of an economy floundering under the weight of misguided decisions.
Feb 22, 2024 12:33 PM EST
Bitcoin to 100K: Why 2024 Might Be The Year
Analysts at Blockware Solutions suggest that the 2024 Bitcoin halving could take the asset over the moon.
Feb 22, 2024 12:19 PM EST
New Data: How Many Credit Cards Should You Own?
Ask yourself, can you keep track of due dates, credit limits, and rewards programs? If you're nodding, great! If not, it might be time to rethink your plastic portfolio.
Feb 22, 2024 10:50 AM EST
Can These 3 Stocks Weather the US-China Trade War?
The U.S. and China have a complex economic relationship that is both codependent and competitive.
Feb 22, 2024 09:33 AM EST
Biden Administration Delivers Major Student Loan Forgiveness
On Wednesday, the Biden administration announced that it will automatically forgive 153,000 debtors' $1.2 billion in student loan debt.
Feb 22, 2024 06:53 AM EST