April 2, 2024
“…The wealth of the top 1% hit a record $44.6 trillion at the end of the fourth quarter, as an end-of-year stock rally lifted their portfolios, according to new data from the Federal Reserve. The total net worth of the… Continue Reading…
April 1, 2024
“The S&P 500, one of the most widely watched stock indexes in the world, has risen more than 10 percent over the first three months of 2024, buoyed by 22 record highs. Roughly 40 percent of the stocks in the index… Continue Reading…
April 1, 2024
“The yen hit a 34-year-low on Wednesday, weakening as much as 151.97 against the U.S. dollar and fueling market questions over potential government intervention to prop the Japanese currency. The yen was last at 151.22 against the dollar at 10:19 a.m. London time… Continue Reading…
March 22, 2024
“…An investment-migration consultancy says that it’s seeing record numbers of wealthy Americans looking for ways to get residence rights abroad or additional citizenships. Mehdi Kadiri, the head of North America at Henley & Partners, said in the company’s 2024 USA Wealth… Continue Reading…
March 13, 2024
“The price of bitcoin jumped to a new record on Friday, breaking through $70,000 for the first time ever. The cryptocurrency was last higher by about 2% at $69,304.84, according to Coin Metrics. At one point, however, it rose as high as… Continue Reading…
February 29, 2024
“…Bitcoin BTCUSD, 3.89% is seeing an impressive rally, as the crypto topped $64,000 briefly on Wednesday, touching levels not seen since its record peak in November 2021…” https://www.marketwatch.com/story/bitcoin-nears-all-time-high-but-this-rally-is-much-different-than-2021-record-run-8a88c18d I don’t know why people wait until an assist is exploding to get in. It’s… Continue Reading…
February 21, 2024
“Shares of Taiwan Semiconductor Manufacturing Company reached an all-time high on Thursday after Morgan Stanley lifted the price target on chip designer Nvidia, citing a continued surge in AI demand… Morgan Stanley increased the price target on the U.S. chip giant to $750… Continue Reading…
February 20, 2024
“…Americans now owe $1.13 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Balances jumped 10% from a year ago, according to a separate quarterly credit industry insights report from TransUnion, with the average balance per consumer hitting… Continue Reading…
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