Cart

0

Banking, Economy

“NY Fed to pump $75 bn into money markets daily through Oct 10”

“The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term interest rates. The Fed will… Continue Reading…

Stocks

“5 things to know before the stock market opens Monday”

“1. Dow set to fall as oil spikes on the Saudi attacks…2. Spiking oil likely won’t derail sweet spot for stocks…3. Trump says US ‘locked and loaded’ after Saudi strikes…4. Aramco works to get production back online…5. Union workers at… Continue Reading…

Business, Stocks

“Roku Stock Can Double in the Next 5 Years”

“With its stock up more than 150% over the last 12 months… By 2025, the analyst predicts, Roku’s market capitalization could nearly triple to anywhere from $40 billion to $50 billion, based on an estimated 82 million active accounts generating… Continue Reading…

Business, Economy, Stocks

“S&P 500 hits record as Wall Street bets the Fed will lower interest rates, Dow surges 250 points”

“Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month. The S&P 500 surged 0.9%, hitting a record high of 2,954.33 as the tech and energy sectors outperformed. The Dow Jones Industrial Average gained 256 points… Continue Reading…

Personal Finance

“Self-made millionaire: 5 money mistakes young people make…”

” 1. Using credit for things that don’t create income 2. Comparing how much you have with others 4. Seeking comfort instead of freedom …If you’re just seeking comfort, you’re probably never going to achieve financial freedom. Comfort gives you… Continue Reading…

Economy

“Nearly 25% of Americans are going into debt trying to pay for necessities like food”

“American have an average of $6,506 in credit card debt, according to a new Experian report out this week. But which expenses are adding to that balance the most? A full 23% of Americans say that paying for basic necessities such as… Continue Reading…

Economy, Stocks

“S&P 500, Nasdaq post record closing highs”

“The S&P 500 (^GSPC) rose 0.88%, or 25.7 points, as of market close to reach 2,933.68. This exceeded the index’s previous record close of 2,930.75, but remains below the index’s all-time intraday high of 2,940.91. The Nasdaq (^IXIC) rose 1.32%,… Continue Reading…

Economy

2021: “This Is When 75% of Economists Expect the Next Recession to Happen”

“More than three-quarters of business economists expect the U.S. to enter a recession by the end of 2021, though a majority still estimate the Federal Reserve will continue raising interest rates this year. Ten percent saw a recession beginning this… Continue Reading…