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Stocks Inch Higher Despite Weak Manufacturing, NYSE Issues

Stocks Inch Higher Despite Weak Manufacturing, NYSE Issues

Monday's turbulent session saw gains in the S&P 500 and the Nasdaq due to weak manufacturing sector data and a brief NYSE malfunction that stopped trading several stocks.

Jun 04, 2024 11:00 AM EDT


Trade Schools Gain Traction as Smart Investment

Trade Schools Gain Traction as Smart Investment

These days, four-year colleges and universities face fierce competition from growing numbers of institutions offering trade education.

Jun 03, 2024 01:32 PM EDT


Criminals Exploit Outdated Cards to Steal Government Benefit

Criminals Exploit Outdated Cards to Steal Government Benefit

An integral component of the expanding identity theft practice that targets the 42 million Americans with lower incomes who depend on EBT cards to access government food and cash assistance.

Jun 03, 2024 01:24 PM EDT


TikTok Viral Money Hacks: Why You Should Think Twice Before Taking Financial Advice

TikTok Viral Money Hacks: Why You Should Think Twice Before Taking Financial Advice

TikTok is rife with opportunities to amass riches, from cash stuffing to overt budgeting, and more people are starting to pay attention.

Jun 03, 2024 01:23 PM EDT


Japan Intervenes in Forex Market with Sizeable $62 Billion Move

Japan Intervenes in Forex Market with Sizeable $62 Billion Move

Japan's Ministry of Finance released data on Friday that verified the nation's first currency intervention since 2022 following the yen fell in April to a 34-year low.

Jun 02, 2024 07:02 AM EDT


Expired Subsidy Leaves Millions Facing Internet Affordability Crisis

Expired Subsidy Leaves Millions Facing Internet Affordability Crisis

A lack of funds from Congress is causing the largest broadband affordability program in the country to come to an end.

Jun 01, 2024 10:24 PM EDT


Tesla Shareholder Sues Musk, Alleging $7.5 Billion Insider Trading Scheme

Tesla Shareholder Sues Musk, Alleging $7.5 Billion Insider Trading Scheme

When Elon Musk, the CEO of Tesla, sold more than $7.5 billion worth of the company's stock in late 2022, a shareholder filed a lawsuit on Thursday accusing Musk of engaging in insider trading. T

Jun 01, 2024 10:20 PM EDT


Top Earners May Need to Reconsider As Remote Work Booms

Top Earners May Need to Reconsider As Remote Work Booms

According to the high-paying employment website Ladders, greater compensation necessitates greater dedication, which includes turning up to work every day.

May 31, 2024 04:00 PM EDT


Orange Juice Costs Surge, Threatening Breakfast Staple

Orange Juice Costs Surge, Threatening Breakfast Staple

Due to ongoing supply shortages, orange juice prices have reached new all-time highs, sending the sector into crisis mode and compelling some producers to look at using other fruits.

May 31, 2024 03:00 PM EDT


Could Economic Uncertainty Push Up Gold Prices in June?

Could Economic Uncertainty Push Up Gold Prices in June?

In 2024, gold has seen tremendous growth thus far. The price of the product increased by more than 18% this year alone, from $2,063.73 per ounce on January 1 to $2,439.98 per ounce on May 20. Even if it has somewhat decreased recently, if you own gold or are thinking about buying some, you might be wondering if the rising trend will last for the remainder of the year.

May 31, 2024 02:00 PM EDT


Salesforce Shares Plummet 20% After Disappointing Results

Salesforce Shares Plummet 20% After Disappointing Results

The stock had its worst day in over 20 years on Thursday, when Salesforce's shares finished 20% down. July 4, 2004, the day the stock plunged 27% only days after the business went public, is the worst trading day in company history.

May 31, 2024 12:10 PM EDT


OpenAI CEO Sam Altman With $2 Billion Net Worth Commits Half His Fortune to Philanthropy

OpenAI CEO Sam Altman With $2 Billion Net Worth Commits Half His Fortune to Philanthropy

Sam Altman, CEO of OpenAI, has announced his commitment to donate the majority of his wealth to philanthropic causes, aligning himself with other billionaires who have pledged significant contributions.

May 31, 2024 11:30 AM EDT


IRS Permanently Extends Free Filing Option, Encourages State Collaboration

IRS Permanently Extends Free Filing Option, Encourages State Collaboration

The IRS said on Thursday that it will extend its trial of a free electronic tax return filing system to all 50 states as well as the District of Columbia, requesting that they assist taxpayers in completing their forms through the program by 2025.

May 31, 2024 11:06 AM EDT


Gemini Settles, Returns $2.2 Billion to Users Caught in Crypto Lending Freeze

Gemini Settles, Returns $2.2 Billion to Users Caught in Crypto Lending Freeze

Clients whose money was frozen in the now-defunct crypto loan scheme of cryptocurrency exchange Gemini will soon begin to receive their money back.

May 31, 2024 11:01 AM EDT


65% of Gen Z Prioritizes Travel Despite Financial Risks

65% of Gen Z Prioritizes Travel Despite Financial Risks

According to a Bank of America survey published on May 20, Gen Z is more likely than previous generations to be planning travels abroad since they are no longer content with taking road trips to their parents' houses.

May 31, 2024 11:01 AM EDT


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