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Financial Planning

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 05:54 PM EST


Fed Chief Signals Slow and Steady Rate Reduction Approach

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


UBS Sees Gold At $2,200, Silver Poised for Outperformance

UBS Sees Gold At $2,200, Silver Poised for Outperformance

2024 will likely see more increases in gold and silver due to anticipation that the U.S. UBS predicts that the Federal Reserve will begin reducing interest rates.

Feb 05, 2024 07:29 AM EST


Meta Announces Dividend Status, but Smart Investors Shift Focus to a More Promising Tech Player

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 03:42 AM EST


Overhaul of Trump-Era Tax Law May Result in Bigger Refunds

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 02:22 AM EST


Luxury Giant Shakes Up Watch World: LVMH Targets Billion-Dollar Market with Bold Designs

Luxury Giant Shakes Up Watch World: LVMH Targets Billion-Dollar Market with Bold Designs

Luxury behemoth LVMH is attempting to take market share in the world of luxury watches by launching a new watch subsidiary and introducing a number of more expensive models.

Feb 04, 2024 09:17 PM EST


S&P 500 Up 1.07%: Key Sectors Power Index to New Peak

S&P 500 Up 1.07%: Key Sectors Power Index to New Peak

The S&P 500 reached a record closing high on Friday as solid profits and an impressive January jobs report increased investor confidence in the economy, despite the Federal Reserve's unlikely decision to drop interest rates anytime soon. U.S. equities closed the week significantly higher.

Feb 03, 2024 05:10 AM EST


Wages Rising, Jobs Soaring: Can the US Economy Maintain This Momentum?

Wages Rising, Jobs Soaring: Can the US Economy Maintain This Momentum?

Employers across the country launched an impressive hiring spree to start 2024, adding 353,000 new positions in January alone, the most recent indication of the economy's resilience in the face of the highest interest rates in two decades.

Feb 03, 2024 03:33 AM EST


Ferrari's Record Year Ignites Investor Excitement for Future

Ferrari's Record Year Ignites Investor Excitement for Future

Ferrari is a luxury sports vehicle company that exceeded both the top- and bottom-line earnings projections of Wall Street for the fourth quarter, capping a record-breaking year of profits.

Feb 02, 2024 01:00 PM EST


Ohio Braces for Economic Hit as Intel Hits Pause on Mega Project

Ohio Braces for Economic Hit as Intel Hits Pause on Mega Project

Due to market conditions and the sluggish distribution of U.S. grant funds, Intel is postponing the development of its $20 billion chip manufacturing project in Ohio, according to a Wall Street Journal story published on Thursday.

Feb 02, 2024 12:20 PM EST


Wall Street Jitters as New York Community Bancorp Cuts Payout

Wall Street Jitters as New York Community Bancorp Cuts Payout

Regional U.S. bank stocks fell sharply on Wednesday, led by a 37.6% decline in New York Community Bancorp (NYCB.N) shares, b after the company unexpectedly declared a loss and reduced its dividend, rekindling concerns about the stability of other lenders.

Feb 02, 2024 11:50 AM EST


Record Gold Demand Highlights Global Economic Worries

Record Gold Demand Highlights Global Economic Worries

As a result of ongoing geopolitical unrest and China's economic slowdown, investors gravitated toward gold as a safe haven asset in 2023, according to a research by the World Gold Council.

Feb 02, 2024 11:25 AM EST


House Greenlights Expansion of Child Tax Credit, Unveiling Potential Benefits for Millions

House Greenlights Expansion of Child Tax Credit, Unveiling Potential Benefits for Millions

The House approved a bill on Wednesday that would prolong certain business tax credits and enhance the important incentive for parents, bringing the Child Tax incentive one step closer to a makeover.

Feb 02, 2024 10:46 AM EST


Will It Last? Experts Weigh In on Mortgage Rate Trend and Housing Market Rebound

Will It Last? Experts Weigh In on Mortgage Rate Trend and Housing Market Rebound

As the spring housing market draws near, potential homeowners will be pleased to learn that the average long-term U.S. mortgage rate decreased this week.

Feb 02, 2024 08:29 AM EST


Bitcoin

2024 Bitcoin Price Prediction: A Rollercoaster Ride

With the halving happening later this year, a lot of people are predicting that Bitcoin could hit $100k this year. So is it possible?

Feb 01, 2024 03:14 PM EST


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