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US Inflation Crashes, Easing Economic Pressure

US Inflation Crashes, Easing Economic Pressure

Another indication that inflation is abating and that Americans should profit from lower interest rates and be spared from excruciating price shocks in 2024 is the Federal Reserve's preferred price index, which decreased last month.

Dec 23, 2023 10:32 AM EST


Nike & Foot Locker Crumble as Growth Projections Shrink

Nike & Foot Locker Crumble as Growth Projections Shrink

Nike's stock fell on Friday after the sportswear manufacturer reduced its forecast for fiscal year sales, citing Foot Locker as a major source of income.

Dec 23, 2023 09:45 AM EST


Artificial Intelligence

How to Profit From the Coming AI Boom

As more companies stake their fortunes on AI, a new era of unprecedented wealth and opportunity is on the horizon.

Dec 23, 2023 06:30 AM EST


Wall Street Gets Shaken: First-Ever Major Bank Unionization Vote Rocks Wells Fargo

Wall Street Gets Shaken: First-Ever Major Bank Unionization Vote Rocks Wells Fargo

Employees at a Wells Fargo bank in New Mexico have voted to unionize, marking the first time in modern history that workers at a major U.S. bank have sought to organize.

Dec 22, 2023 08:34 AM EST


SEC Ready to Unleash Spot Bitcoin ETF, Potentially Reshaping Crypto Landscape

SEC Ready to Unleash Spot Bitcoin ETF, Potentially Reshaping Crypto Landscape

Large money management businesses are growing increasingly hopeful that the Securities and Exchange Commission (SEC) will create crypto history in early January by authorizing the first "spot" bitcoin exchange-traded fund.

Dec 21, 2023 09:44 PM EST


Forget Crypto FOMO, This $35 Stock Could Be the Real Gold Rush

Forget Crypto FOMO, This $35 Stock Could Be the Real Gold Rush

In addition to having a sizable digital entertainment (gaming) sector and a developing digital financial services platform, Sea Limited's primary business is e-commerce, much like Amazon's.

Dec 21, 2023 11:10 AM EST


TikTok Takes on Recession: Viral "Silent Depression" Claim Shakes Up Economic Experts

TikTok Takes on Recession: Viral "Silent Depression" Claim Shakes Up Economic Experts

Some social media users claim that although the U.S. economy has stayed amazingly robust, affordability is at an all-time low, even when compared to the Great Depression.

Dec 21, 2023 10:03 AM EST


"Vanilla" Gift Cards Accused of Fueling Easy Holiday Scams

'Vanilla' Gift Cards Accused of Fueling Easy Holiday Scams

A prominent prepaid card issuer is being sued for allegedly failing to prevent one of the most prevalent scams from using its cards.

Dec 21, 2023 09:09 AM EST


 IRS Delivers $1 Billion Penalty Gift, Check Your Eligibility Now!

IRS Delivers $1 Billion Penalty Gift, Check Your Eligibility Now!

For the tax years 2020 and 2021, the IRS is waiving penalty penalties for taxpayers who failed to pay back taxes totaling less than $100,000 annually. The IRS said on Tuesday that the relief plan will waive $1 billion in fees for tax returns submitted for those years.

Dec 21, 2023 06:09 AM EST


Dow Swings Wildly, Closing Sharply Lower in Sudden Turnaround

Dow Swings Wildly, Closing Sharply Lower in Sudden Turnaround

Stocks in the United States finished down on Wednesday after a sharp mid-afternoon drop stopped Wall Street's remarkable run, which had been fueled by lowering interest rates and the Federal Reserve's dovish tilt.

Dec 20, 2023 10:25 PM EST


 US and China Debt Woes Could Shake Up Global Ratings in 2024

US and China Debt Woes Could Shake Up Global Ratings in 2024

The year 2024 may mark significant changes in several sovereign credit ratings due to the U.S. and China being on downgrade alerts, Turkey expecting to receive an upgrade after a ten-year hiatus, Israel facing its first drop, and more than fifty elections to be managed.

Dec 20, 2023 10:01 AM EST


Late Shoppers Rejoice as Retailers Turbocharge Delivery!

Late Shoppers Rejoice as Retailers Turbocharge Delivery!

Some of America's largest retailers are attempting to boost delivery speeds in order to satisfy customers who anticipate faster and faster deliveries.

Dec 19, 2023 09:37 PM EST


Grab These Stocks before 2023 Closes, Say Analysts

Grab These Stocks Before 2023 Closes, Say Analysts

Ten S&P 500 stocks have the greatest proportion of analysts' "buy" ratings within the index: NiSource, Lamb Weston, and Amazon.com, among others. Even the analysts who monitor these stocks have unanimously recommended buying two of these stocks.

Dec 19, 2023 09:27 AM EST


Vans Owner Stumbles as Hack Halts Holiday Hustle, Shares Tumble

Vans Owner Stumbles as Hack Halts Holiday Hustle, Shares Tumble

The North Face and Vans owner VF Corp. saw a sharp decline in their stock price on Monday following their announcement that a breach had compromised part of their capabilities to ship orders in time for the holidays.

Dec 19, 2023 06:45 AM EST


Goldman Sachs Struggles to Exit Apple Credit Card Partnership

Goldman Sachs Struggles to Exit Apple Credit Card Partnership

Four years after launching a credit card with Apple, Goldman Sachs is facing an expensive exit from a collaboration that rival lenders perceive as too dangerous and unproductive.

Dec 19, 2023 04:58 AM EST


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