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Millennials & Gen Z Strike Gold: Wealth Up 80% for Under-40s During Pandemic

Many Americans have seen an increase in wealth in the years after the epidemic, owing to a thriving stock market and rising home values. But during the previous five years, workers under 40 did significantly better than other demographic groups.

Feb 08, 2024 10:00 AM EST


Mexico Becomes Top Source of U.S. Imports, Surpassing China

Last year, Mexico overtook China as the country from which the United States imports the most commodities for the first time in over 20 years. T

Feb 08, 2024 6:25 AM EST


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


The 5 Best Crypto Wallets of 2024

You'll need a place to store your crypto if you're on of the ones who believes in it. Let's talk about the ways to do that....

Feb 07, 2024 2:46 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.

Feb 07, 2024 10:22 AM EST


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.

Feb 07, 2024 9:55 AM EST


Oil Market Shift Imminent, Sending Prices Skyrocketing

CEO of Occidental Petroleum Vicki Hollub believes the oil market is ready to turn around. Occidental Petroleum CEO Vicki Hollub predicts a turnaround in the oil market, citing excess supply as the main factor behind price stability.

Feb 07, 2024 7:50 AM EST


Rising Costs Push Americans Deeper into Credit Card Debt

Even if the US economy is doing well overall, some citizens have depleted their savings and accrued large credit card debt as a result of fighting inflation for more than two years.

Feb 07, 2024 7:02 AM EST


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.

Feb 07, 2024 4:56 AM EST


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


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