The U. S. Federal Reserve might lower interest rates in December. This is because the economy shows signs of slowing down. Job growth is weaker than before. Inflation is also lower. These changes make it likely that the Fed will cut rates. Investors are hopeful. They think cheaper money is coming.
The NFL's Thanksgiving games are more than just football; they're a massive opportunity for prediction markets. With teams from states where sports betting is illegal playing, these games see a huge surge in activity. The Dallas Cowboys vs. Kansas City Chiefs game, for example, is expected to set ne
Intuit is a big name in financial software, known for products like QuickBooks, TurboTax, and Mailchimp. It's a major player, with a market value of around $175. 4 billion, putting it in the "large-cap" category. This means it's a stable, well-established company in the software industry. But latel
Vaccines are a big deal in keeping people healthy. They work by teaching the body's defense system to fight off germs. This has helped wipe out diseases like smallpox and made others, like polio, rare. Vaccines also protect whole communities by stopping diseases from spreading. This is called herd i
The UK housing market might be looking at a brighter future. After a period of uncertainty, the recent budget has given some clarity. This could encourage more people to buy homes. The budget didn't change stamp duty, the tax paid when buying a home. This is good news for buyers. Better debt foreca
Naver, a major player in South Korea's tech scene, is making a bold move into the crypto world. Their payment service is set to buy a big crypto exchange operator in a deal worth a whopping $10 billion. This isn't just any deal; it's one of the largest in Asia this year. The goal? To boost future gr
People are placing bets on what the Federal Reserve will do with interest rates next month. The chances of a small cut, 25 basis points, have gone up to 81% on a platform called Polymarket. This is a big jump from the 67% seen the day before and 44% from the previous week. But the idea of a larger c
Crypto investment products have seen a big drop in value recently. Over the past four weeks, investors have pulled out $4. 9 billion from these funds. This is the third-largest withdrawal since 2018. The main reason? A mix of people selling their crypto and the value of cryptocurrencies going down.
Ethereum's value dropping below $3, 000 hasn't stopped savvy traders from making huge profits. One trader, Taiki Maeda, just made a whopping $578, 000 by betting against Ethereum. He's now moved all his money to cash, saying that altcoins are still in a rough patch where many investors are losing mo
FG Nexus, a company that invests in Ethereum, just sold off a big chunk of its crypto holdings. They unloaded about $31 million worth of Ethereum, which is roughly 10, 922 ETH. This move came as their stock was taking a hit, dropping more than 7% in a single day. The company's stock has been on a d
