Today: 17. Dec, 2024
Wall Street saw stocks advancing, contributing to the impressive streak that has propelled it to its loftiest point in over 15 months. By midday, the S&P 500 had risen by 0.3%, fresh off its highest finish since the start of April 2022.…
Social Security recipients might brace themselves for a significantly more minor cost-of-living adjustment (COLA) in 2024 as the inflation rate slows. The anticipated Social Security COLA could be around 3%, per a recent estimate by The Senior Citizens League, an impartial senior…
The allure of fine wine as an investment has been growing steadily for years, luring investors seeking refuge from inflation, economic instability, and stock market fluctuations. The availability of easy-entry online brokerages and advisory services has recently made this unique market more…
Wall Street continues to trend upward this Thursday, bolstered by the latest indications that inflationary pressure on the economy is gradually easing. As of midday trading, the S&P 500 rose by 0.6%, marking its seventh positive week in the last nine. The…
Kokou Agbo-Bloua, a prominent economist at Societe Generale, asserts that central banks have reached a critical juncture in their battle against inflation. While the headline inflation figure is slowly approaching the Federal Reserve’s target of 2%, persistently high core prices, excluding volatile…
The S&P 500 climbed 0.3% by midday trading, seemingly set for another uneventful day following a sluggish Monday. As of 11 a.m. Eastern time, the Dow Jones Industrial Average increased by 141 points, or 0.4%, to 34,085, while the Nasdaq composite advanced…
To counter inflation, the Federal Reserve is determined to persist in increasing interest rates, a move expected to cause a surge in corporate defaults in the coming months. As of May, the corporate default rate has risen, indicative of U.S. companies wrestling…
A savings account is widely regarded as a secure haven to safeguard your money. Thanks to the Federal Deposit Insurance Corporation (FDIC), most banks are insured up to $250,000 per depositor, per bank. Consequently, even if your bank faces a fate similar…
As the economy continues to navigate choppy waters, with stocks fluctuating wildly and inflation proving stubbornly persistent, it can be challenging to stay optimistic. Nevertheless, the turbulent market also presents fresh opportunities (alongside certain risks) for investors, according to some financial analysts.…
Wall Street sees promising, as multiple reports indicate a more robust economy than initially anticipated. The S&P 500 experienced an afternoon surge of 0.7%, despite a general downward trend following a five-week rally that peaked in mid-June, recording the highest level over…
