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Business, Economy

“Credit card debt increases by $50B to new record high”

February 12, 2024

“Credit card debt in the United States increased by $50 billion in the fourth quarter of 2023, according to recent findings from the New York Federal Reserve. The latest report, released Tuesday, found the total credit card balances stood at $1.13 trillion… Continue Reading…

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Business, Stocks

“Mastercard Stock Closes At All-Time High; Hits Key Threshold”

February 9, 2024

“Mastercard (MA) is putting on a masterful show for investors and reached another all-time high on Thursday. Additionally, the Relative Strength (RS) Rating for Mastercard stock climbed from 78 to 84 Thursday, passing a key milestone along the way… The New York-based company… Continue Reading…

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Stocks

“Billionaire Carl Icahn Has $9.9 Billion Invested in These 5 High-Yield Dividend Stocks”

February 2, 2024

1. Icahn Enterprises LP 2. CVR Energy3. Southwest Gas Holdings4. FirstEnergy5. International Flavors & Fragrances https://finance.yahoo.com/news/billionaire-carl-icahn-9-9-105000752.html I’m can’t copy and paste the entire article so I just listed the 5 stocks he’s invested in. The majority of his stock picks… Continue Reading…

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Stocks

“Dow Jones Drops To Kick Off Busy Week; SoFi Stock Surges 22% On First-Ever Profit”

January 30, 2024

“…Meanwhile, Friday’s January employment report is expected to show that employers added 165,000 jobs. Shares of SoFi Technologies soared 22% in early action, set to retake their key 50-day moving average line. Early Monday, the company reported earnings of 2… Continue Reading…

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Stocks

“Zoom Is Down 88% From Its All-Time High, Is Cathie Wood Still Right About This Once Unstoppable Stock?”

January 25, 2024

“… Ark holds positions in Zoom through its exchange-traded funds (ETFs), and analysts there believe the stock could soar about 2,100% by 2026. Although Zoom has some interesting applications, I question Ark’s long-term price target. With the stock down 88% from… Continue Reading…

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Cryptocurrencies, Stocks

“Bitcoin Retreats From 2-Year High on First Day of ETF Trading”

January 16, 2024

“The token had advanced as much as 6.7% to $49,021, buoyed by the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission after markets closed on Wednesday. It was recently trading at around $46,300. Most smaller tokens,… Continue Reading…

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Cryptocurrencies

“After false SEC post on ETF, bulls still see bitcoin at all-time highs this year”

January 12, 2024

“…a post from the account of the U.S. Securities and Exchange (SEC) on the X social media platform, formerly known as Twitter, on Tuesday claimed that the long-awaited bitcoin exchange-traded fund (ETF) had been approved. It turned out it hadn’t. Instead, the SEC… Continue Reading…

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Economy, Stocks

“Dow Jones hits an all-time high as investors cheer progress on inflation”

December 15, 2023

“…The Dow closed at 37,090 — up more than 500 points, or 1.4 percent, for the day — surpassing a record in January 2022, fueled by the Fed decision to hold rates steady due to progress on inflation. The milestone caps a banner… Continue Reading…

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Precious Metals

“Gold price hits $2,100 for record high — and analysts don’t expect it to stop there”

December 4, 2023

“Gold prices notched another record to kick off the week — with spot prices touching $2,100 an ounce as the global rush for bullion appears set to continue. Spot gold briefly traded above $2,100 an ounce on Sunday evening in New York, setting… Continue Reading…

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Real Estate

“U.S. home prices climb for seventh month in a row to a record high, Case-Shiller says”

November 29, 2023

“…Home prices in the 20 major U.S. metro markets were up 3.9% in the past 12 months ending in September. The August report saw a 2.5% rise in home prices year-over-year. A broader measure of home prices, the national index,… Continue Reading…

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