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Stocks

“Dow rises more than 100 points to close above 38,000 for the first time ever…”

“…The Dow Jones Industrial Average climbed 138.01 points, or 0.36%, to finish at 38,001.81. Monday’s gains pushed the blue-chip average to a new record and above the 38,000 level for the first time. The S&P 500 added 0.22% to 4,850.43, also reaching a fresh… Continue Reading…

Banking

“Bank of America Profit’s Fell More Than 50% on One-Time Charges”

“Bank of America is out with its fourth-quarter earnings this morning. The bank said earnings would have been better if not for the one-time items. The drop in earnings is largely because of one-time items that investors already expected…” https://finance.yahoo.com/m/2299c302-d37c-3fa6-84cd-85f2e719c1e6/bank-of-america-profit-s-fell.html… Continue Reading…

Stocks

“Nintendo Shares Hit Record, Helping Lift Japanese Stocks to Another Multidecade High”

“…Nintendo shares hit a record closing high of 7,823 yen Wednesday, or about $54.14. The videogame company’s shares have gained ground since late last year, reflecting solid earnings and expectations over the potential launch of a new console to succeed the current… Continue Reading…

Cryptocurrencies

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

“…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…

Economy

“US national debt tops $34T for first time in history”

“The U.S. national debt topped $34 trillion for the first time ever, crossing a critical milestone at a time when government spending is already under scrutiny… Even more worrisome is that the spike in interest rates over the past year… Continue Reading…

Economy, Real Estate

“US office buildings face $117BN debt time bomb: Mortgages due this year threaten to sink US economy as thousands of workplaces remain empty”

“Billions of dollars in loans on office buildings that are about to come due could play havoc with the US economy after interest rates soared. About $117 billion worth is expected to be due this year and needs to be repaid or… Continue Reading…

Economy, Stocks

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

“…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…

Business, Stocks

TIME TO SHORT PFIZER STOCK?! GOVERNMENT DATA SHOW’S COVID VACCINE DEATH RATE UP TO 21%.

Well for anyone looking for easy money here it is. This is official data from New Zealand. This is proof companies like Pfizer lied about the safety of their COVID vaccines. Now that the data is out lawsuits will follow… Continue Reading…

Banking

“IMF says central bank digital currencies can replace cash: ‘This is not the time to turn back’”

” Central bank digital currencies have the potential to replace cash, but adoption could take time, said Kristalina Georgieva, managing director of the International Monetary Fund on Wednesday… The IMF has said that more than 100 countries are exploring CBDCs – or approximately 60% of… Continue Reading…

Banking

“Fed reverse repos fall under $1 trillion for first time since August 2021”

“The Federal Reserve’s efforts to drain liquidity from the financial system have finally pushed inflows into a critical central bank tool below the $1 trillion mark for the first time since late summer 2021. Cash from money market funds and… Continue Reading…