Bitcoin is making waves, climbing towards $70, 000, while gold hit a record $2, 733 per ounce. Investors are flocking to these assets due to global uncertainty, like the Fed’s rate cuts and tensions in the Middle East. But which one is a better investment? Matthew Hougan, Chief Investment Officer at
Ethereum (ETH) seems to have fallen behind Bitcoin (BTC) in the crypto race this year. At the moment, BTC is up by 70% compared to ETH's 18%. This isn't the first time ETH has played second fiddle to BTC, and it's interesting to note that we're seeing a similar trend for the third time since 2016. W
Anthony Scaramucci, the founder of SkyBridge Capital, believes the US can manage its debt crisis by allowing inflation to rise slightly. This strategy might not be great for savers and lower- to middle-income households, but Scaramucci thinks it's the way to go. He made these comments just before th
Imagine starting your day like millions of people: waking up, commuting to work, and scrolling through social media. You laugh at cute cat pictures on Reddit, search for random facts on Google, and watch funny cat videos on YouTube. These routine activities might seem unrelated to stocks and finance
You know how often people worry about economic slowdowns? Well, the U. S. economy showed it wasn't bothered by such fears in the third quarter of 2024. It grew at a steady pace of 2. 8%, which is a bit less than expected but still solid. Consumers were the heroes, spending more than they were suppos
You might think high interest rates would slow down the economy. But surprisingly, the U. S. economy grew at a steady 2. 8% pace from July through September. Consumers were the big spenders, driving growth even with higher interest rates. While business investments cooled off a bit, exports picked u
Eli Lilly's recent earnings report wasn't great, with stocks falling after missing growth targets. But don't panic just yet. The dip could be a chance to buy. Think of it like a rollercoaster: there are ups and downs, but the long-term view is what counts. The company had a messy quarter, but it's a
UK government borrowing costs hit their highest level since the Labour party took charge. This happened after Finance Minister Rachel Reeves announced big tax increases in her first budget. Right after the news broke at 12:30 p. m. , the yield on 10-year UK government bonds jumped by as much as 7 ba
Maybank has a new tech boss! His name is Giorgio Migliarina, and he's stepping into the role of Group Chief Technology and Digital Officer come November 1, 2024. His job? To make sure all of Maybank's systems are resilient and robust, and to plan the bank's tech strategy for the future. He'll also w
On October 29, 2024, Hong Leong Bank (HLB) kicked off its journey into greener finance with the launch of its Sustainable Finance Framework (SFF). This initiative aims to invest a whopping US$4. 5 billion (RM20 billion) over five years to support projects that promote sustainability. The bank has be
