So there's big jobs report coming up on an upcoming Friday, and it isn’t going to be as clear-cut as we want. The reason? The government revises its numbers every year, letting old and new numbers intermingle. This is creating a situation ripe for misunderstanding. First, let\`s break this down. T
Ken Griffin's Citadel isn't messing around, not even in a tricky market. In January, the hedge fund’s main strategy fund made a 1. 4%. looks pretty good when you're dealing with all five of its strategies - commodities, equities, fixed income, credit, and quantitative. 56-year-old Citadel'
Picture this: Uncle Sam decides to put crypto in the country’s vaults. Pretty drastic, right? The whole point is clear. He wants to show the world that something besides the dollar is completely safe. Yikes, where are the samba dancing and drum beats for that real numbers? Why would anybod
A significant shift in trade policy has occurred, as new tariffs have been imposed on Mexico, Canada, and China. The move, announced at a club in Florida, aims to curb drug trafficking and illegal immigration. However, this decision might lead to higher prices for everyday items, from avocados to ca
When you look at the economy, you see the Central Bank of Europe just did something big. They chopped interest rates. This is huge. It's the fifth time they've done this in a row. Right now, the economy is moving slowly in Europe. That's why they cut the key rate.
In its final 2024 meeting, the Federal Reserve announced a shift in how it sets interest rates, declaring a "new phase. " The Fed plans to proceed carefully with any future cuts due to a lack of immediate signs of a recession and ongoing inflation. This week, the Fed is expected to halt further redu
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
For the cryptocurrency community, Donald Trump's inauguration signifies a long-awaited end to regulatory challenges faced during the Biden administration. The crypto world is welcoming this presidency with open arms, hoping for policy changes that legitimize their industry. Trump's appointment of cr
December brought a big surprise in the job market, with a whopping 256, 000 new jobs added. This was way more than the expected 155, 000, and it even surpassed November's 212, 000 new jobs. The unemployment rate also dropped slightly to 4. 1%. Even a broader measure, including those who are discoura
