FINANCE

Nov 02 2024FINANCE

Investing Wisely: Stock Picks for the 2024 U. S. Presidential Election

Elections can shake up stock markets, and the upcoming Trump vs. Harris race is no exception. Value investors are always on the lookout for bargains. Let's dive into some promising companies to consider adding or avoiding in your portfolio. Remember, investing is a marathon, not a sprint. Always st

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Nov 01 2024FINANCE

How Will Storms and Strikes Impact the Job Numbers?

Economists are eagerly awaiting the October jobs report, but they're not sure what to expect. Two major hurricanes and several strikes might have thrown a wrench into the usual job numbers. It's so uncertain that some experts even think we might see a drop in jobs! These natural disasters and labor

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Nov 01 2024FINANCE

Investing Based on U. S. Presidential Election Outcomes

The upcoming U. S. presidential election is generating interest in certain stocks that could perform well based on who wins. According to Strategas, former President Donald Trump and Vice President Kamala Harris have stark differences in their policies, particularly in areas like trade, foreign poli

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Nov 01 2024FINANCE

2025 Retirement Savings: What's New for Your 401(k)

Ever wondered how much you can sock away for retirement in a 401(k) next year? The Internal Revenue Service (IRS) has some good news! They've just announced new contribution limits for 2025. Starting next year, you can save up to $23, 500 from your paycheck before taxes, that's $500 more than this y

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Nov 01 2024FINANCE

Investors Bet on Bitcoin and Gold Ahead of Election

Retail investors have been busy snapping up bitcoin and gold before the upcoming U. S. presidential election, expecting potential benefits if former President Trump wins. According to a report from JPMorgan, these investors are part of the "debasement trade, " where they buy these assets to hedge ag

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Nov 01 2024FINANCE

Trump's Fortune Dives as Stock Plummets

This week, former President Donald Trump's fortune took a big hit. His stake in Trump Media & Technology Group dropped by about $2. 4 billion. The company's stock, known as DJT, saw a sharp decline of almost 40% in two days. This sudden drop happened even after the stock had skyrocketed recently. Th

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Oct 31 2024FINANCE

September 2024 PCE Inflation: What's Changing?

In September, inflation inched up, drawing closer to the Federal Reserve’s target. The personal consumption expenditures price index saw a 0. 2% increase, with an annual rate of 2. 1%, right in line with predictions. The Fed heavily relies on PCE readings, though they also consider other indicators.

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Oct 31 2024FINANCE

Coinbase's Stock Drops: Crypto Market Slump Takes a Toll

Coinbase, a big player in the cryptocurrency world, had a rough third quarter. Their stock took a hit, dropping by 4% after the market closed. Why? Well, crypto trading was pretty quiet, and that's not good news for a company that makes money from people buying and selling digital currencies. The c

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Oct 31 2024FINANCE

Bitcoin vs. Gold: Which Is the Better Investment?

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

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Oct 31 2024FINANCE

Ethereum Poised to Catch Up to Bitcoin?

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

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