Today: 17. Dec, 2024
The Sub-Saharan African region’s cautious steps back into the international capital markets are encountering formidable obstacles, mainly due to the increasing anxiety among global investors about the forthcoming US presidential election. This election-induced uncertainty threatens the region’s efforts to attract essential foreign…
Global markets experienced a positive shift on Tuesday, with rising stocks and falling U.S. yields as investors keenly awaited upcoming economic data and a wave of corporate earnings. Despite the political ripples from President Joe Biden’s decision to end his re-election bid,…
In a significant market movement, stocks have reached new all-time highs as recent economic data indicates the economy’s resilience amid receding inflation and the Federal Reserve’s approach to initiating rate cuts. This surge comes as smaller firms rally, with the Russell 2000…
Wall Street enjoyed another day of substantial gains on Wednesday, extending its impressive rally. In the afternoon, the S&P 500 rose by 0.7%, positioning itself for its 37th record high this year. Meanwhile, the Dow Jones Industrial Average advanced by 205 points,…
Retirees are still feeling the impact of higher prices, but one buffer for the effects of inflation — the Social Security cost-of-living adjustment, or COLA — may be lower next year. As inflation moderates, the Social Security COLA for 2025 might be…
Car payments have skyrocketed in recent years due to a combination of high prices and high interest rates. While some relief may come soon, industry insiders say prices may still remain high for quite some time. The Current State of Car Payments…
In a market environment fraught with mixed signals, U.S. stocks continue to waver near their record highs. On Tuesday, the S&P 500 inched up by 0.1% after reaching its 30th all-time high of the year just the day before. The Dow Jones…
In May 2024, U.S. consumers experienced unexpected price drops in several goods and services, reflecting localized deflation amid broader easing inflationary trends. While inflation measures the rate at which consumer prices rise, deflation is the rate at which they decline. Joe Seydl,…
As Wall Street gears up for a critical week filled with economic reports and a pivotal Federal Reserve meeting, investors faced a day of mixed fortunes on the stock market. The S&P 500 slightly dipped by 0.1% despite hovering near last week’s…
As murmurs of an impending economic slowdown echo through Wall Street, analysts find themselves at odds over the true state of the US economy. While some point to lackluster earnings reports from major retailers and a decline in job opportunities, others, like…
