The investment world is seeing a big change. The number of top-performing assets is shrinking. Only a few types of stocks are doing well right now. These include big tech companies, high-risk stocks, and innovative tech. But one big name is missing from this list: Bitcoin. Bitcoin had a great run. It shot up by 60% in early October. But then, it took a tumble. In th...
Stocks are taking a pause today. The tech world is feeling a bit shaky after Qualcomm's shares dropped. This is making investors nervous about how high tech stock prices have climbed. Meanwhile, the economy is sending mixed messages, which isn't helping anyone make up their minds. Qualcomm isn't having the best day. Their shares fell by 2. 8%. Why? They warned that ...
The Federal Reserve is likely to lower interest rates this week, despite a lack of recent data. This is because the government shutdown has delayed key reports on jobs and inflation. Without this data, the Fed is making big decisions based on incomplete information. The Fed has hinted at rate cuts in October and December. But if job numbers suddenly improve, these c...
Stocks hit record highs on Friday after inflation data came in softer than expected. The Dow Jones Industrial Average crossed 47, 000 for the first time, while the S&P 500 and Nasdaq also saw gains. This marks a strong week for the markets, with all three major indexes up around 2%. Ford led the charge, with shares jumping over 12% after strong earnings. The automak...
Prices went up, but not as much as people thought they would. This is what happened in September. The numbers came out late because the government wasn't working. The U. S. Bureau of Labor Statistics said prices were 3. 0% higher than last year. That's a bit less than what experts guessed. It's also a tiny bit lower than the increase in August. This news makes it m...
The stock market is still in a "just right" phase, where things are not too hot or too cold, according to financial experts. This comes after recent economic reports showed mixed signals about inflation. While some areas of the economy are seeing higher prices, it's not enough to rule out a potential interest rate cut in September. Investors are keeping a close eye ...
President Trump recently picked EJ Antoni to lead the Bureau of Labor Statistics (BLS). This choice has sparked a lot of debate. Some people, like Steve Bannon, think Antoni is a great fit. Others, like Jason Furman, believe he lacks the right experience. The main concern is whether Antoni can keep economic data honest and accurate. Right now, economists are worried...
Stocks experienced a mixed day on Monday, following a strong week that saw major indexes reach near-record levels. The S&P 500 and Nasdaq Composite showed slight gains, while the Dow Jones Industrial Average dipped. Investors are now waiting for key economic reports, especially on inflation, to guide their next moves. Tech stocks were in the spotlight. Nvidia and AM...
The Consumer Price Index is a big deal. It's not just about tracking inflation. It's a key player in the US economy. It influences everything from mortgage payments to Social Security checks. It even helps businesses and students with contracts and financial aid. But lately, it's been facing some issues. The Bureau of Labor Statistics had to make some changes. They ...
The stock market took a dip on Thursday, with major indexes showing declines. The Dow Jones Industrial Average fell by 0. 3%, while the S&P 500 and Nasdaq Composite dropped by 0. 5% and 0. 8%, respectively. This downturn came after a few days of gains, which were modest due to ongoing uncertainty about trade policies. The market had been recovering from early April l...