10-Year Yield Up 0.15% as Fed, Jobs Report Jolt Treasury Market
The fixed income market is being affected by a reevaluation of the Federal Reserve's timeline for interest rate cuts, which is increasing risk for investors who anticipate that the tremendous rally that sent bonds higher at the end of 2023 will continue this year.
Feb 07, 2024 11:59 PM EST
JPMorgan Overhauls Banking Experience with Expansive Strategy
In an effort to increase its presence in underrepresented regions, JPMorgan Chase announced on Tuesday that it was starting one of its most ambitious bank branch expansions in recent memory, with plans to open more than 500 new branches in the United States by 2027.
IRS Cracks Down on Unpaid Taxes with New Funding
With financing under the Inflation Reduction Act (IRA), the IRS stated it is ready to collect hundreds of billions of dollars more in tax revenue by pursuing past-due and unpaid taxes, substantially more than was originally projected.
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.
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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
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
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 2:50 PM EST
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 6:29 AM EST
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 2:32 AM EST
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
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 8:19 PM EST
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 6:41 PM EST
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 5:54 PM EST
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
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 3:42 AM EST
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 2:22 AM EST
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