The Best of Money Times 2023
Welcome to "The Best of Money Times 2023," a curated compilation that highlights the most insightful, intriguing, and influential financial news and analyses of the year. In this comprehensive overview, we navigate through the dynamic landscape of global finance, covering a myriad of topics ranging from economic trends and market dynamics to investment strategies and corporate developments.
Dec 30, 2023 11:22 PM EST
Jim Rogers Predicts Epic Crash, Eyes "Magnificent 7" Short Attack
Renowned investor Jim Rogers anticipates a significant decline in asset prices and foresees an economic downturn.
Falling Rates Revive Buyer Optimism, Fueling Housing Market
This week's mortgage rates are down one further, to their lowest point since May. This week's mortgage rates are down one further, to their lowest point since May.
How Wage Gains Propelled Social Security Checks to $5,000 Heights
Due to tax-related modifications and inflation, Social Security beneficiaries may see significant changes in 2024 that will affect everything from their monthly income to their tax obligations. In 2024, the monthly top benefit is expected to reach close to $5,000.
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Demystifying Online Reviews and Making Smarter Purchases
When it comes to choosing a restaurant or making a purchase, we are frequently convinced by a series of excellent five-star internet reviews, but can you truly believe them?
Dec 29, 2023 7:59 AM EST
S&P Squeezes Out Tiny Gains, Hinting at Fragile Bullish Recovery
On the last trading day of 2023, the S&P 500 retraced its early gains and settled marginally higher on Thursday.
Dec 29, 2023 4:23 AM EST
Red Sea Ripples Rock Oil Markets: Prices Slump Nearly 2% on Edgy Investors
Wednesday saw an almost 2% decline in oil prices, offsetting the gains of the previous day as investors kept an eye on events in the Red Sea, where merchants are returning after further attacks on Tuesday.
Dec 28, 2023 7:37 PM EST
Social Media Giants Rake in $11 Billion from Kids' Ads, Study Says
According to a research released on Wednesday by the Harvard T.H. Chan School of Public Health, social media corporations generated over $11 billion in advertising income from children in the United States last year.
Dec 28, 2023 5:48 AM EST
U.S. Dodges Recession in 2023, But Experts Warn of Challenges in 2024
Predictions regarding 2023 were almost unanimous: a recession was on the horizon. As the year draws to an end, the anticipated economic slowdown has not materialized.
Dec 27, 2023 9:17 AM EST
January 1 Brings Raise Day for Millions Across the US
A new study suggests that the implementation of higher minimum wages across 22 states on January 1 will benefit over 10 million workers economically.
Dec 27, 2023 7:10 AM EST
SoftBank Makes Billions on T-Mobile, Investors Cheer
The announcement that SoftBank Group Corp will get shares in telecom T-Mobile US valued at about $7.59 billion at no additional cost caused a 5% increase in the Japanese conglomerate's stock.
Dec 27, 2023 6:00 AM EST
Apple Fights for Watch Future as US Ban Looms Large
In response to a complaint from the medical monitoring technology firm Masimo, Apple on Tuesday challenged a decision to prohibit imports of its watches after U.S. The administration of President Joe Biden chose not to veto a federal tribunal.
Dec 27, 2023 3:03 AM EST
Americans Defy Inflation Blues with Booming Holiday Spending
According to the most recent assessment, holiday sales increased this year and spending held steady over the shopping season despite Americans grappling with rising costs in certain places and other financial concerns.
Dec 26, 2023 9:06 PM EST
Nasdaq Ready to Rocket in 2024? This "Magnificent Seven" Stock Could Lead the Charge
Though it is already fading in memory, Wall Street's worst performance in recent memory was the market turmoil of 2022. As of Tuesday's market closing, the Nasdaq Composite had risen 43% this year after falling more than 35% the previous year.
Dec 26, 2023 11:50 AM EST
Delimobil Gears Up for Historic Public Offering in 2024
Three finance sources said on Monday that Delimobil, a car-sharing firm, would be the first Russian company to make a long-awaited initial public offering (IPO) in 2024. The listing could raise up to 4 billion roubles ($43.5 million).
Dec 26, 2023 11:00 AM EST
Santa Rally Turns Sleigh Swerve? Economic Jitters Threaten High-Flying Market
The Federal Reserve is getting closer to its target of getting inflation back to 2%, according to inflation figures released on Friday. This puts the central bank on the path to lowering interest rates.
Dec 26, 2023 9:23 AM EST