Investors Ditch Flashy Brands for Understated Luxury Powerhouses
One of the most popular social media fashion trends of the previous year was quiet luxury. Unlike other fads that came and went on TikTok or Instagram, quiet luxury has proven real returns and found its way into investment portfolios.
Jan 31, 2024 05:49 AM EST
Investor Alert: The Vital Link Between Big Tech Earnings and the Ongoing Market Rally
The IT sector still dominates the stock market. While experts have called for a broadening out of the market recovery, new data from FactSet indicates that they believe Big Tech firms will be the primary driver of Q4 earnings growth for the S&P 500.
Jan 31, 2024 01:44 AM EST
Online Shopping Fuels Easy Return Abuse, Costing Retailers Billions
Retailers relaxed their online return conditions more than ever in an attempt to attract customers and increase sales in recent years. But there is a price for such adjustments.
Jan 30, 2024 09:03 PM EST
Investors Bank on Fed Capitulation, Sending Bond Yields Soaring
At this week's policy meeting, bond investors anticipate that the Federal Reserve will renounce its program of raising interest rates, preparing the market for the possibility of numerous rate cuts this year-the first since the COVID-19 epidemic began in 2020.
Jan 30, 2024 05:24 AM EST
Biden Takes Aim at Federal Pay Disparities on Law's 15th Anniversary
The Biden administration is taking additional steps to help fix wage disparities for federal employees and employees of government contractors on Monday, the 15th anniversary of a historic federal pay equality statute.
Jan 29, 2024 08:57 PM EST
Recession Watchlist Grows as Historic Indicator Flashes Red
Since the start of this decade, investing on Wall Street has been nothing short of an experience. In recent years, three major indexes have fluctuated between bull and bear markets: the venerable Dow Jones Industrial Average , the broad-based S&P 500 and the innovation-focused Nasdaq Composite.
Jan 29, 2024 11:11 AM EST
Record Numbers Lose Shelter as Rents Skyrocket Nationwide
Due to the financial strain caused by rising rents in recent years, an increasing number of Americans are becoming homeless.
Jan 29, 2024 07:01 AM EST
American Dream Cost: Family of Four Now Struggles on $230,000 a Year
According to a former Goldman Sachs analyst, a family of four must make more than $230,000 annually to live comfortably in the San Francisco Bay Area of California.
Jan 29, 2024 06:17 AM EST
Exxon, Nvidia, and Stock Markets Brace for Impact: Trump and Biden's Battle in the 2024 Election
Investors are thinking ahead of time about a potential Biden-Trump rematch as former president Donald Trump gets closer to securing the GOP nominee.
Jan 29, 2024 04:27 AM EST
Child Tax Credit Expands as Misused COVID Program Exits, Putting Children First
During a private meeting with senators, IRS Commissioner Danny Werfel was asked by the chairman of the Senate Finance Committee to provide his evaluation of a concerning report.
Jan 29, 2024 04:08 AM EST
U.S. Growth Slows 3.3%, But Resilience Shines Through
The US economy was predicted to have entered a recession by now due to a decline in borrowing and expenditure due to the highest interest rates in twenty years.
Jan 26, 2024 12:13 AM EST
Americans Feel More Optimistic as Prices Cool and Paychecks Increase
Americans are beginning to feel more optimistic about the economy and inflation after a protracted period of pessimism; this development might support consumer spending, spur economic growth, and perhaps have an impact on President Joe Biden's electoral prospects.
Jan 25, 2024 09:45 AM EST
Record Close for S&P 500 Fueled by Tech Boom, Netflix Exceeds Revenue Expectations
On Wednesday, markets concluded in a mixed bag, with tech stocks leading the way as the S&P 500 recorded its fourth consecutive record finish.
Jan 25, 2024 08:31 AM EST
Uncertainty Clouds Future of Student Loan Relief After Program Expires
According to new data provided by the Education Department, over 3.7 million Americans have collectively received over $136 billion in student loan forgiveness-an unparalleled degree of relief.
Jan 24, 2024 08:52 PM EST
2024 Tax Season Could Bring Fatter Refunds - Here's Why
When government benefits from the pandemic-era expired last year and they received a lesser tax return check, many Americans were taken aback. What the public may anticipate this year is a question that is raised by that unpleasant revelation.
Jan 24, 2024 10:50 AM EST