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Rising Costs Push Americans Deeper into Credit Card Debt

Rising Costs Push Americans Deeper into Credit Card Debt

Even if the US economy is doing well overall, some citizens have depleted their savings and accrued large credit card debt as a result of fighting inflation for more than two years.

Feb 07, 2024 07:02 AM EST


Why Gen Z & Millennials Hesitate to Put Money on the Line

Why Gen Z & Millennials Hesitate to Put Money on the Line

Many millennials and Gen Z individuals are finding it difficult to find place in their budgets for investments, even though they are making more money.

Feb 07, 2024 04:56 AM EST


Is the Dollar Too Strong? Analysts Warn of Potential Risks

Is the Dollar Too Strong? Analysts Warn of Potential Risks

According to foreign exchange experts, the dollar is anticipated to remain strong in the upcoming months as markets reevaluate how quickly the Federal Reserve may lower interest rates.

Feb 07, 2024 12:28 AM EST


UBS Restarts Buybacks, Pledges $1 Billion

UBS Restarts Buybacks, Pledges $1 Billion

On Tuesday, UBS said that it had finished the first stage of integrating its fallen rival Credit Suisse, that it was seeing net fresh asset flows, and that it intended to resume buybacks of shares in the second half of the year, with a $1 billion target set for 2024.

Feb 07, 2024 12:00 AM EST


Bitcoin

Is Web 3.0 and Crypto All Hype? What You Need to Know

I'm convinced that Web3.0 will be the same web but much slower and with your data frozen on the blockchain ...

Feb 06, 2024 02:50 PM EST


Cathie Wood Receives Harsh Criticism from Morningstar, Labeled as the Worst 'Wealth Destroyer

Cathie Wood Receives Harsh Criticism from Morningstar, Labeled as the Worst 'Wealth Destroyer

According to a recent Morningstar investigation, the ARK ETF Trust, which manages the well-known ARK Innovation ETF (ARKK), has wiped out $14.3 billion in investor capital during the last ten years.

Feb 06, 2024 06:29 AM EST


Red Sea Clashes Risk Adding 5% to Import Costs, Pushing Up Inflation

Red Sea Clashes Risk Adding 5% to Import Costs, Pushing Up Inflation

Increased transportation expenses resulting from prolonged strains in the Red Sea may hinder the worldwide effort to combat inflation, the Organization for Economic Co-operation and Development stated on Monday.

Feb 06, 2024 02:32 AM EST


Supply Chain Blues Hitting Your Car? Insurance Rates Surge 26%

Supply Chain Blues Hitting Your Car? Insurance Rates Surge 26%

With vehicle insurance rates continuing to rise, owning a car is becoming more and more expensive for drivers across the U.S.

Feb 06, 2024 12:41 AM EST


Investor Concerns Mount as Tesla Stock Faces Decline

Investor Concerns Mount as Tesla Stock Faces Decline

Following a doubling in value the previous year, Tesla's (TSLA) stock has plummeted early in 2024 ahead of sales and earnings for the fourth quarter, as experts have revised lower profit expectations for the last few months of 2023.

Feb 05, 2024 08:19 PM EST


College Graduation

Is College 100% Pure Garbage? (Yes, but…)

The only thing higher education indicates is how much you are willing to suffer through uninteresting work ...

Feb 05, 2024 06:41 PM EST


Financial Planning

10 Foolproof Steps to Start Investing Now - Even If You're a Complete Beginner

Before you dive headfirst into the deep end, take a moment to consider why you want to invest. Are you saving for retirement, hoping to buy a house, or funding your kids' college education?

Feb 05, 2024 05:54 PM EST


Fed Chief Signals Slow and Steady Rate Reduction Approach

Fed Chief Signals Slow and Steady Rate Reduction Approach

In a Sunday interview, Federal Reserve Chair Jerome Powell said that the bank will cautiously reduce interest rates this year, perhaps moving much more slowly than the market anticipates.

Feb 05, 2024 10:28 AM EST


UBS Sees Gold At $2,200, Silver Poised for Outperformance

UBS Sees Gold At $2,200, Silver Poised for Outperformance

2024 will likely see more increases in gold and silver due to anticipation that the U.S. UBS predicts that the Federal Reserve will begin reducing interest rates.

Feb 05, 2024 07:29 AM EST


Meta Announces Dividend Status, but Smart Investors Shift Focus to a More Promising Tech Player

Meta Announces Dividend Status, but Smart Investors Shift Focus to a More Promising Tech Player

The announcement of Meta Platforms' first-ever dividend was the major surprise in the company's fourth-quarter financial report released last week.

Feb 05, 2024 03:42 AM EST


Overhaul of Trump-Era Tax Law May Result in Bigger Refunds

Overhaul of Trump-Era Tax Law May Result in Bigger Refunds

Millions of Americans may receive larger tax refunds this year as a result of a last-minute revision to a tax provision included in President Donald Trump's 2017 Tax Cuts and Jobs Act.

Feb 05, 2024 02:22 AM EST


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