Articles by April Fowell

571-600 (out of 786)

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


US Dollar Shines Brighter as Stocks Dive, Safe Haven Frenzy Erupts

Tuesday saw a one-month low for Asian equities, a decline in U.S. stock futures, and an increase in the value of the dollar as traders awaited word from influential Fed member Christopher Waller and central bankers' hawkish comments dampened prospects for interest rate decreases.

Jan 16, 2024 5:59 AM EST


A Decade to Trillionaire Status: How Wealth Hoarding Aggravates Woes

In its yearly assessment of global inequality, Oxfam International stated on Monday that the world may see its first trillionaire within ten years, coinciding with the meeting of corporate and political elites at the Swiss ski resort of Davos.

Jan 16, 2024 1:02 AM EST


Study Predicts Booming Bank Profits Around $7 Trillion, Fueled by Rising Interest Rates and Digital Transformation

According to a report from the Boston Consulting Group (BCG), global banks have the potential to increase their combined valuations by around $7 trillion over the next five years if they implement substantial measures to stimulate growth and enhance productivity.

Jan 16, 2024 12:24 AM EST


Davos Experts See Subdued World Economy in 2024, Regional Divergence Expected

According to a survey of leading economists issued on Monday, the global economy faces a year of muted growth expectations and uncertainty owing to geopolitical unrest, tight financing conditions, and the disruptive influence of artificial intelligence.

Jan 15, 2024 9:28 AM EST


Warren Buffett's Growth Bet Crumbles 82%: Analyzing the Risks and Rewards of a Deep Value Play

Warren Buffett, CEO of Berkshire Hathaway, has generated life-changing returns for his company's investors and motivated millions of others throughout the world to take wealth-building initiatives. While the Oracle of Omaha is most known for being a value investor, Berkshire also has holdings in several growth firms with explosive growth potential.

Jan 15, 2024 5:50 AM EST


Critics Claim DEI Policies Unfair, Sparking Debate on Hiring Practices

While the lawsuit is pending, a federal appeals court has temporarily stopped financing the grant program of the Fearless Fund.

Jan 15, 2024 4:20 AM EST


Bitcoin Price Slumps Following Spot ETF Approval, Boosting Alternative Cryptocurrencies

When regulatory permission did not result in an upward advance, traders may have opted to book gains, resulting in a dramatic drop to $41,500.

Jan 15, 2024 3:45 AM EST


Feds Penalize E-Bay for $3 Million After Employees Stalked Couple Over Negative Reviews

Acting U.S. Attorney General William Barr consented to pay a $3 million felony penalty in connection with the harassment and surveillance of a Massachusetts couple. Joshua Levy, an attorney, stated on Thursday.

Jan 12, 2024 10:50 AM EST


Higher Tax Brackets Coming Soon? What This Means for Your Individual and Family Finances

Because of legislation approved at the end of 2017, American taxpayers have had a time-limited respite in their federal tax burden for the previous several years.

Jan 12, 2024 10:27 AM EST


Oil Surges on Safe-Haven Demand After US, UK Launch Airstrikes Against Houthi Targets in Yemen

Global equities rose marginally on Friday, but oil rose as the crisis in the Red Sea region threatened to grow, although slightly hotter US inflation data did not change investors' conviction that interest rates may soon begin to fall.

Jan 12, 2024 9:20 AM EST


Core Inflation Holds Steady at 3.9%, But Headline Rate Rises as Housing and Energy Bite

December's increase in total U.S. inflation was mostly driven by rising energy and housing costs, suggesting that the Federal Reserve's efforts to bring inflation down to its target of 2% will probably not be easy.

Jan 12, 2024 1:38 AM EST


Bitcoin ETFs Threaten Coinbase Market Share Despite Company's Record 2023 Performance

Coinbase's position in the cryptocurrency market is about to shift dramatically now that the SEC has allowed the launch of bitcoin exchange-traded funds.

Jan 11, 2024 9:40 AM EST


Bitcoin Breaks into Big Leagues, Sparking Investor Excitement and Fear

The first bitcoin-holding exchange traded funds were grudgingly authorized by the Securities and Exchange Commission on Wednesday. The SEC stated that it remains extremely cautious of cryptocurrencies and that it "did not approve or endorse bitcoin" in its ruling.

Jan 10, 2024 10:43 PM EST


Hacked Tweet Shakes Market as SEC Denies ETF Approval

The Securities and Exchange Commission declared on Tuesday that the agency's account was hacked and that a post made from the agency's account on the social media site X announcing the approval of a much-anticipated bitcoin exchange-traded fund was "unauthorized."

Jan 10, 2024 9:33 AM EST


Global Growth Grinds to a Halt as World Bank Predicts Third Year of Slowdown

The global economy is expected to slow down in 2024 for the third year as a result of factors like growing interest rates, persistent inflation, dwindling trade, and a faltering China.

Jan 09, 2024 9:56 PM EST


Supply Chain Improvements and Tech Giants' Plans Spark Optimism, Propelling Chip Stock Gains

On Monday, semiconductor stocks markedly recovered after a challenging start to the year. On Monday, semiconductor stocks markedly recovered after a challenging start to the year.

Jan 09, 2024 10:40 AM EST


31% of Americans Expect Mortgage Rates to Fall in 2024, Boosting Housing Sentiment

According to a new Fannie Mae study, more Americans than ever before believe that mortgage rates will drop this year. December had a more positive attitude than November, with 31% of consumers expressing the idea that borrowing prices for house loans will fall over the following 12 months.

Jan 09, 2024 9:33 AM EST


Hewlett Packard Enterprise in Talks to Acquire Juniper Networks for $13 Billion

According to a source familiar with the negotiations, Hewlett Packard Enterprise is in talks to acquire Juniper Networks , valuing the network gear manufacturer at around $13 billion.

Jan 09, 2024 4:40 AM EST


Global Markets Poised for Expansion, Says Goldman Sachs, Citing AI and Green Tech

Peter Oppenheimer, Head of Macro Research at Goldman Sachs in Europe, says artificial intelligence and decarbonization are driving the world economy into a new "super cycle" and stressed the evident shift towards this revolutionary stage of the economy.

Jan 09, 2024 4:03 AM EST


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