You might not think about it, but hot weather can actually affect your investments. A recent study found that extreme heat waves since 1979 have led to a drop in stock prices by up to 3. 1%. Europe tends to experience more severe heat waves than the U. S. , but Americans are more concerned about rec
For a long time, Wall Street banks stayed away from owning cryptocurrencies like Bitcoin. This was mainly due to a rule from the U. S. Securities and Exchange Commission (SEC). This rule, called "Staff Accounting Bulletin 121" or SAB 121, forced banks to treat digital assets as a liability on their
The Bank of Japan (BOJ) recently increased interest rates by 25 basis points, pushing their policy rate to 0. 5%. This is the highest it's been since 2008. The decision was driven by signs of sustained inflation and rising wages in Japan. The BOJ aims to normalize its monetary policy, which has been
On Thursday, the S&P 500 reached new heights, climbing by 0. 53% and closing at 6, 118. 71, its highest point ever. The Dow Jones Industrial Average also jumped, gaining 408. 34 points to hit 44, 565. 07. The Nasdaq Composite followed suit, inching up by 0. 22% to 20, 053. 68. This marked the fourth
Investors are playing it safe as they wait for more details on President Trump's tariff plans. The Dow Jones Industrial Average slipped slightly on Friday, but it's still looking at a big gain for the week. Meanwhile, the S&P 500 and Nasdaq were barely moving. Business activity slowed in January, b
The S&P 500 reached an all-time high on Thursday, breaking the record set in December. This uptick came after more than a week of gains, sparked by signs that inflation was slowing down more than expected in December. President Trump's commitment to lower oil prices, a key factor in inflation, also
China's financial regulators have introduced a series of measures to encourage big state-owned funds and insurers to buy more stocks. The aim is to support a struggling stock market. On Thursday, the chairman of the China Securities Regulatory Commission, Wu Qing, announced that large insurance comp
Stocks are soaring, with the S&P 500 reaching its highest point ever. This uptick follows a drop in the 10-year Treasury yield, which has been fueling the market's growth. However, on Wednesday, the yield slightly increased, going back up to 4. 6%. The dollar also hit a two-week low, causing some fr
Donald Trump recently launched a digital meme, reportedly adding billions to his fortune overnight. But hold on—those numbers are based on theoretical crypto prices that can't be cashed out yet. Forbes values them at zero. However, crypto assets Trump has sold did boost his real cash. Take World Lib
At the World Economic Forum in Davos, Switzerland, Blackrock CEO Larry Fink made a surprising claim about Bitcoin. He believes that the cryptocurrency could skyrocket to $700, 000 per coin if global economic instability increases. Fink thinks people might turn to Bitcoin as a safe haven during uncer
