Stocks Slip Despite Early Green Shoots, Boeing Plunges on Delivery Delay Worries
Monday saw a little decline in US stock futures but Treasuries remained stable as traders adjusted their wagers following last week's selloff. A barrel of Brent oil dropped below $77.
Jan 08, 2024 11:50 AM EST
Travelers Brace for Potential Continued High Costs as Experts Analyze 2024 Airfare Trends
It seems that the aviation industry's incredible rise from the pandemic's lowest points is coming to an end. A thorough examination of many data reveals a tendency toward stabilization in multiple important indicators, indicating the end of fast expansion and the beginning of a new routine.
Despite Job Market Rebound, Fed Struggles to Find Desired Slack in Labor Landscape
The COVID-19 pandemic's labor wounds were largely healed by the end of the U.S. economy last year, but policymakers at the Federal Reserve are still stuck waiting for wage and job growth to slow down to a reasonable level.
Trading Bitcoin Without the Hassle? ETFs Offer Easy Access, But Watch Out for Costs
The Securities and Exchange Commission is presently reviewing 13 spot Bitcoin (CRYPTO: BTC) ETFs before approving them.
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Congress Strikes Temporary Truce, Avoiding Financial Cliffhanger
A deal reached by Congressional leaders on the total amount of spending for the current fiscal year may help avert a partial government shutdown later this month.
Jan 07, 2024 9:17 PM EST
SEC Approval of US Spot Bitcoin ETFs Possible Next Week After 13 Companies Submitted Applications
Discover the latest developments in the cryptocurrency landscape as 13 companies await SEC approval for U.S. spot Bitcoin ETFs. Here's what you need to know.
Jan 06, 2024 4:00 AM EST
Top High-Yield Dividend Stocks in 2024 Poised to Generate $10,000 in Annual Passive Income
Discover a robust investment strategy designed for financial success and stability with this potential of 4 high-yield dividend stocks for 2024.
Jan 06, 2024 3:43 AM EST
US Chip Stocks Drop Sharply After Strongest Year Since 2009, Raising Recession Concerns
U.S. chip stocks continued their losing streak on Wednesday, as Wall Street's primary semiconductor benchmark fell from all-time highs after the industry had its best year since 2009, when it recovered from the financial crisis.
Jan 04, 2024 10:20 AM EST
National Debt Drowns in Record $34 Trillion, Congress Squabbles Over Lifeline
With the gross national debt of the federal government at above $34 trillion, it is a record level that portends political and economic obstacles to improving America's balance sheet in the years to come.
Jan 04, 2024 9:46 AM EST
SpaceX Blasts Critics into Unemployment, But Labor Agency Says It's Illegal
A U.S. labor agency accused rocket and satellite manufacturer SpaceX on Wednesday of forcibly terminating eight workers for distributing a letter denouncing founder and CEO Elon Musk as a "distraction and embarrassment."
Jan 04, 2024 5:46 AM EST
Analysts Predict Steady Growth for US Economy in 2024, Dispelling Recession Fears
Many people were afraid that 2023 would bring about a recession. It proved to be a very resilient year.
Jan 03, 2024 9:50 AM EST
U.S. Trade Protection Efforts Face Hurdles as Maersk Cites Security Concerns on Key Route
Even with attempts to shield commercial vessels from assaults by Iranian-backed Houthi insurgents headquartered in Yemen, there is still a significant risk to international trade in the Red Sea.
Jan 03, 2024 9:10 AM EST
National Average Gas Price Dips Under $3 for the First Time This Year
Lower gasoline prices could aid individuals in recuperating from excessive holiday spending. Lower gasoline prices could aid individuals in recuperating from excessive holiday spending.
Jan 03, 2024 8:24 AM EST
2024 Bids Farewell to Old Ways, Reshapes Investment Landscape
Investors seem to be persuaded that the main Western central banks are about to make the long-awaited shift from rising to lowering interest rates. As a result, markets rose, but as the globe becomes used to an economic system where money is not easily obtained, 2024 may surprise us.
Jan 03, 2024 6:41 AM EST
Wall Street Slump Sparks Rush for Stability After 2023 Boom
Wall Street on Tuesday gave back some of its significant gains from the previous year due to a poor start to 2024.
Jan 02, 2024 8:07 PM EST
Wall Street Cheers as Bitcoin Breaks the Chains, Soars Above $45,000 in New Year's Rally
With hope around the potential approval of exchange-traded spot bitcoin funds, the world's largest cryptocurrency, bitcoin, kicked out the New Year with a bang on Tuesday, surging above $45,000 for the first time since April 2022.
Jan 02, 2024 10:10 AM EST