Bond Yields Drop as Job Growth Slows
After the April jobs data revealed weaker-than-expected payroll growth and an unexpected tick higher in the unemployment rate, U.S. Treasury rates fell on Friday.
May 06, 2024 04:18 PM EDT
Will Apple Keep Buffett Smiling? Doubts Emerge Over Company's Dominance
Even as late as 2020, four years after his investment colossus began to build a sizable stake in the business that produces iPhones, Warren Buffett of Berkshire Hathaway was still using a flip phone.
Is China's Central Bank Gold-Buying Spree a Precursor for War? Part II of II
The idea of a nation acquiring large gold reserves in preparation for military endeavors is not without historical precedent. Prior to World War I, European powers increased their gold reserves, and a century later, Russia's central bank doubled its gold holdings in the years before its invasion of Ukraine. This same strategic stockpiling of gold could be inferred from China and its pre-war positioning for a Taiwan incursion.
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
Latest News
Gas Prices on the Rise, But Here's How to Save Money
Drivers on a tight budget might want to fill up as soon as possible because gas prices are probably going to rise in the near future.
Apr 12, 2024 11:30 AM EDT
Inflation Up, Rate Cuts on Hold: What This Means for Your Wallet
Although the Federal Reserve would always have to fight inflation, the most recent statistics on the consumer price index shows exactly how difficult that battle is. The result of that dispute will have a significant impact on your money in the coming months.
Apr 11, 2024 06:55 AM EDT
Biden's New Student Loan Forgiveness Plan: How Debt Creates Financial Risk and Instability
With the intention of beginning to erase people's loans as early as this autumn, the Biden administration is working swiftly to implement its new plan for student loan forgiveness.
Apr 11, 2024 08:28 AM EDT
Hot Bot Bitbot Raises $2M in Presale, Aims to Simplify the Game
Bitbot presale has maintained success only weeks after reaching seven figures, amassing over $2.1 million, 80k Twitter/X followers, and over 27k members in its Telegram community.
Apr 11, 2024 02:39 AM EDT
Small Biz Barometer Broken? Confidence Crashes, Raising Concerns for Consumer Spending
Based on growing fears about inflation, U.S. small-business confidence fell to its lowest level in almost 11 years in March, according to a poll released on Tuesday.
Apr 10, 2024 02:23 AM EDT
Dave Portnoy's Big Win: Turning $600K into $2.7 Million on UConn Victory
In the high-stakes world of sports betting, Barstool Sports founder Dave Portnoy just made headlines with a massive win, turning a bold $600,000 bet on UConn to win the NCAA men's championship into a whopping $2.7 million.
Apr 09, 2024 03:19 PM EDT
How Food Marketing Tactics Impact Low-Income Shoppers
As a result of Americans cutting back on their spending on food and other necessities, food manufacturers like Kraft-Heinz and Conagra Brands have redesigned their goods and business plans in the wake of years of price increases.
Apr 09, 2024 06:02 AM EDT
Jamie Dimon: AI's Impact Rivals the Printing Press
In the financial world, Jamie Dimon's insights are often seen as a barometer for the future of banking and technology. So, when the JPMorgan Chase CEO says something as bold as artificial intelligence (AI) being as impactful on humanity as the printing press, electricity, and computers, people sit up and take notice.
Apr 08, 2024 04:42 PM EDT
The Next Generation of Video Streaming Is Vertical: Short Film Creators Monetizing the Dopamine Addict in Us All
Described as "TikTok-style short soap operas" with scripts adapted from web novels, short films are optimized for vertical viewing on mobile devices and to get viewers hooked fast. Free for the first few episodes, just enough for you to get a taste - and a dopamine rush - and boom, you're hooked.
Apr 09, 2024 08:49 AM EDT
Ripple Boss Foresees Crypto Market Explosion to $5 Trillion
According to the CEO of blockchain firm Ripple, the total market capitalization of cryptocurrencies will surpass $5 trillion this year.
Apr 08, 2024 06:42 AM EDT
Solar Eclipse to Spark $6 Billion Boom, Towns Prepare for Rush
Visitors are enjoying the unique astronomical event, which is beneficial for nearby companies that are directly in the line of the eclipse.
Apr 08, 2024 05:13 AM EDT
Fry Attachment Rate Stays High, Signaling Consumer Confidence
Taking a broader view, the so-called fry attachment rate's strength supports economic data by demonstrating that regular Americans are still prepared to spend money on little pleasures.
Apr 06, 2024 08:32 AM EDT