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
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Cybersecurity Disruption: ICBC's U.S. Arm Faces Ransomware Attack, Temporarily Affects Treasury Market
ICBC, China's largest commercial lender, faces a ransomware attack that disrupts the U.S. Treasury market.
Nov 11, 2023 11:03 AM EST
Cleveland Fed President Loretta Mester Announces Retirement in 2024, Marking Shift in Leadership Dynamics at the Federal Reserve
Cleveland Fed President Loretta Mester, set to retire in 2024. Renowned for her unwavering stance on inflation, Mester leaves a significant imprint on the Federal Reserve's approach to monetary policy.
Nov 11, 2023 10:54 AM EST
IRS Unveils Adjusted 2024 Tax Brackets: A Comprehensive Overview of Income Threshold Modifications
Explore the financial landscape of 2024 as the IRS unveils recalibrated tax brackets, promising relief to taxpayers amid rising inflation. With top rates reaching new thresholds, discover the strategic adjustments designed to navigate the evolving economic terrain.
Nov 11, 2023 10:51 AM EST
Which Cryptocurrencies Are Worth the Money?
In today's digital world, more and more people are investing in cryptocurrencies. These digital tokens have exploded into popularity over the past few years, and have grown to the point that there are now nearly over 6,000 of them, according to Statista.
Oct 22, 2021 10:39 AM EDT
Study: Millennials and Generation Z More Sustainability-Orientated -- Even When It Comes To Money
The younger generations are willing to put their money where their mouth is when it comes to sustainable living.
Jul 20, 2021 05:20 PM EDT
Scientists Develop New Magnetic Nanomaterial For Counterfeit Money Prevention
An international research team led by NUST MISIS has developed a new iron-cobalt-nickel nanocomposite with tunable magnetic properties. The nanocomposite could be used to protect money and securities from counterfeiting. The study was published in Nanomaterials.
Jul 14, 2021 11:36 AM EDT
Loan Applications Processed Around Midday More Likely To Be Rejected
Bank credit officers are more likely to approve loan applications earlier and later in the day, while 'decision fatigue' around midday is associated with defaulting to the safer option of saying no.
Jun 28, 2021 01:55 PM EDT
Researchers Find Optimal Way To Pay Off Student Loans
After graduating or leaving college, many students face a difficult choice: Try to pay off their student loans as fast as possible to save on interest, or enroll in an income-based repayment plan, which offers affordable payments based on their income and forgives any balance remaining after 20 or 25 years.
Jun 28, 2021 01:34 PM EDT
You Can Have Too Much Of A Good Thing, Says Study Financial Analysts' Work-Life Balance
Last winter, Goldman Sachs reported it was working to make things better after a group of junior analysts revolted against 100-hour work weeks.
Jun 28, 2021 12:46 PM EDT
Top 9 Best Ways To Create Wealth
Wealth creation is something that everyone aspires to do. Every budget made or financial planning done aims to create wealth using different strategies such as cutting cost to save more, investing in instruments which has higher returns, investing for a longer duration and much more.
Jun 28, 2021 11:35 AM EDT
Top 6 Tips To Manage Finances During COVID-19
The ongoing COVID-19 pandemic has brought in a lot of challenges for one and all.
Jun 28, 2021 11:32 AM EDT
World Needs USD 8.1 Trillion Investment In Nature By 2050 To Tackle Triple Planetary Crisis
A total investment in nature of USD 8.1 trillion is required between now and 2050 - while annual investment should reach USD 536 billion annually by 2050 - in order to successfully tackle the interlinked climate, biodiversity, and land degradation crises, according to the State of Finance for Nature report released today.
Jun 25, 2021 03:05 PM EDT