News


Latest News


Long-Term Food Supply Affected As Global Leaders Focus on Election 2024

Long-Term Food Supply Affected As Global Leaders Focus on Election 2024

International attempts to ensure long-term food supply might be derailed by the several impending international elections, warns the International Fund for Agricultural Development (IFAD).

Jan 16, 2024 09:40 AM EST


Goldman Sachs Expects Fed to Pivot, Slashing Rates to Boost Economy

Goldman Sachs Expects Fed to Pivot, Slashing Rates to Boost Economy

According to Goldman Sachs economists' predictions on Monday, the Federal Reserve is anticipated to begin reducing its benchmark interest rate in March and to do so five times in total in 2024.

Jan 16, 2024 09:06 AM EST


US Dollar Shines Brighter as Stocks Dive, Safe Haven Frenzy Erupts

US Dollar Shines Brighter as Stocks Dive, Safe Haven Frenzy Erupts

Tuesday saw a one-month low for Asian equities, a decline in U.S. stock futures, and an increase in the value of the dollar as traders awaited word from influential Fed member Christopher Waller and central bankers' hawkish comments dampened prospects for interest rate decreases.

Jan 16, 2024 05:59 AM EST


A Decade to Trillionaire Status: How Wealth Hoarding Aggravates Woes

A Decade to Trillionaire Status: How Wealth Hoarding Aggravates Woes

In its yearly assessment of global inequality, Oxfam International stated on Monday that the world may see its first trillionaire within ten years, coinciding with the meeting of corporate and political elites at the Swiss ski resort of Davos.

Jan 16, 2024 01:02 AM EST


Study Predicts Booming Bank Profits Around $7 Trillion, Fueled by Rising Interest Rates and Digital Transformation

Study Predicts Booming Bank Profits Around $7 Trillion, Fueled by Rising Interest Rates and Digital Transformation

According to a report from the Boston Consulting Group (BCG), global banks have the potential to increase their combined valuations by around $7 trillion over the next five years if they implement substantial measures to stimulate growth and enhance productivity.

Jan 16, 2024 12:24 AM EST


Warren Buffett's Growth Bet Crumbles 82%: Analyzing the Risks and Rewards of a Deep Value Play

Warren Buffett's Growth Bet Crumbles 82%: Analyzing the Risks and Rewards of a Deep Value Play

Warren Buffett, CEO of Berkshire Hathaway, has generated life-changing returns for his company's investors and motivated millions of others throughout the world to take wealth-building initiatives. While the Oracle of Omaha is most known for being a value investor, Berkshire also has holdings in several growth firms with explosive growth potential.

Jan 15, 2024 05:50 AM EST


Critics Claim DEI Policies Unfair, Sparking Debate on Hiring Practices

Critics Claim DEI Policies Unfair, Sparking Debate on Hiring Practices

While the lawsuit is pending, a federal appeals court has temporarily stopped financing the grant program of the Fearless Fund.

Jan 15, 2024 04:20 AM EST


Feds Penalize E-Bay for $3 Million After Employees Stalked Couple Over Negative Reviews

Feds Penalize E-Bay for $3 Million After Employees Stalked Couple Over Negative Reviews

Acting U.S. Attorney General William Barr consented to pay a $3 million felony penalty in connection with the harassment and surveillance of a Massachusetts couple. Joshua Levy, an attorney, stated on Thursday.

Jan 12, 2024 10:50 AM EST


Core Inflation Holds Steady at 3.9%, But Headline Rate Rises as Housing and Energy Bite

Core Inflation Holds Steady at 3.9%, But Headline Rate Rises as Housing and Energy Bite

December's increase in total U.S. inflation was mostly driven by rising energy and housing costs, suggesting that the Federal Reserve's efforts to bring inflation down to its target of 2% will probably not be easy.

Jan 12, 2024 01:38 AM EST


Greatest Wealth Transfer

The Greatest Wealth Transfer in History is Happening Now

The largest generational wealth transfer in human history is upon us, but I don't think anyone is ready. Baby Boomers, the generation of people born between 1944 and 1964, are expected to transfer $30 trillion in wealth to the younger generations over the next few years.

Jan 12, 2024 09:00 AM EST


Higher Tax Brackets Coming Soon? What This Means for Your Individual and Family Finances

Higher Tax Brackets Coming Soon? What This Means for Your Individual and Family Finances

Because of legislation approved at the end of 2017, American taxpayers have had a time-limited respite in their federal tax burden for the previous several years.

Jan 12, 2024 10:27 AM EST


Hacked Tweet Shakes Market as SEC Denies ETF Approval

Hacked Tweet Shakes Market as SEC Denies ETF Approval

The Securities and Exchange Commission declared on Tuesday that the agency's account was hacked and that a post made from the agency's account on the social media site X announcing the approval of a much-anticipated bitcoin exchange-traded fund was "unauthorized."

Jan 10, 2024 09:33 AM EST


Real Time Analytics