Bitcoin Hits Lowest Point Since January Approval of ETFs
Bitcoin has experienced a decline to its lowest price since the US Securities and Exchange Commission (SEC) approved nearly a dozen exchange-traded funds (ETFs) holding the cryptocurrency last week.
Jan 19, 2024 10:01 AM EST
Insights from Davos: US Business Figures Contemplate a Trump Win in 2024
Dinners and parties at Davos have been dominated by talk about Donald Trump, with many attendees of the World Economic Forum considering the former president's possible candidacy for president again following his overwhelming victory in the Iowa vote.
Congress Votes to Extend Government Funding, Avoiding Shutdown
A short-term budget package that would keep federal agencies funded until March and prevent an impending partial government shutdown was delivered to President Joe Biden by Congress on Thursday.
Silicon Surge Electrifies Wall Street: S&P 500 Inches Toward All-Time High on AI Hype
Thursday's dramatic increase in U.S. equities saw the S&P 500 close to all-time highs as advances in Nvidia and other chipmakers were fueled by confidence about artificial intelligence.
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Professor Deon Rossouw, BnEI Chairman: In His Take on Dealing Corruption
The Banknote Ethics Initiative (BnEI) is a collective action initiative that was established in 2013 with the purpose of promoting ethical business practices in the banknote industry. It is specifically focused on combatting corruption and anti-competitive conduct. Companies involved in any aspect of banknote production can voluntarily become members of BnEI by formally adopting the BnEI Code of Ethical Business Practices.
Jan 18, 2024 11:11 PM EST
How "Loud Budgeting" on TikTok is Tackling Financial Taboos
The beginning of a new year sometimes calls for implementing new routines or strategies to assist in achieving your financial objectives; for some social media users, this year is all about "loud budgeting."In early 2024, the word gained popularity on TikTok, where one video had received over 1.4 million views by of January 16.
Jan 18, 2024 9:34 AM EST
Biden Aims to End Debt Spiral with Drastic Overdraft Fee Cut
The Consumer Financial Protection Bureau and the Biden administration have collaborated to present a proposed regulation that would curb bank overdraft costs, perhaps bringing them down to $3.
Jan 18, 2024 6:20 AM EST
Record National Debt Raises Concerns, But Average Impact on Individuals May Be Nuance
The national debt of the United States government just passed $34 trillion, setting a new high. But to what extent should you be concerned about the nation's borrowing?
Jan 18, 2024 1:30 AM EST
Retail Rebound or Bubble Burst? December Surge Hides Underlying Inflation Concerns
December saw an increase in American retail spending, capping up the Christmas shopping season and the year on a positive note and indicating that consumers are still feeling secure enough to continue spending money.
Jan 18, 2024 12:19 AM EST
Credit Card + PayPal Money Transfer: Weighing the Rewards vs. Risks
PayPal is a well-liked option for online money transfers, whether you're purchasing for products and services or transferring money to loved ones. You may be wondering if it makes sense to transfer money using your credit card when making PayPal transactions, particularly when it comes to accruing reward points. We examine the benefits and drawbacks of using a credit card with PayPal as well as whether the substantial transaction costs may be justified by the incentives you receive.
Jan 17, 2024 1:50 PM EST
Senate Adopts Stopgap Spending Measure, Preventing Immediate Government Shutdown
In an attempt to enact a stopgap budget bill in time for the rapidly approaching deadline at the end of the week, the Senate cleared its first obstacle on Tuesday night.
Jan 17, 2024 10:49 AM EST
Bipartisan Bill Brings Joy to Toy Boxes and Boardrooms with Tax Tweaks
A bipartisan plan to prolong company tax deductions and increase the child tax credit was unveiled on Tuesday in an attempt to win approval from Congress before the January 29 tax season kicks out.
Jan 17, 2024 7:36 AM EST
Red Alert on Wall Street: Stocks Tumble With Apple Leading the Retreat
Tuesday's closing price of U.S. equities was lower due to pressure from banks on mixed results from Morgan Stanley and Goldman Sachs, as well as sell-offs in Apple and Boeing that affected the S&P 500.
Jan 17, 2024 12:14 AM EST
AI & Climate Anxiety Rises: 6% More CEOs See Bleak 10-Year Outlook
According to a new survey of CEOs by one of the biggest consulting firms in the world, PwC, more executives are feeling better about the state of the global economy, but an increasing number believe their companies won't survive the next ten years without a major overhaul due to pressure from climate change and technology like artificial intelligence.
Jan 16, 2024 10:50 AM EST
Long-Term Food Supply Affected As Global Leaders Focus on Election 2024
International attempts to ensure long-term food supply might be derailed by the several impending international elections, warns the International Fund for Agricultural Development (IFAD).
Jan 16, 2024 9:40 AM EST
Goldman Sachs Expects Fed to Pivot, Slashing Rates to Boost Economy
According to Goldman Sachs economists' predictions on Monday, the Federal Reserve is anticipated to begin reducing its benchmark interest rate in March and to do so five times in total in 2024.
Jan 16, 2024 9:06 AM EST
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