Bitcoin's value has taken a hit, dropping to about $103, 000 this week. This drop has sparked worries that the largest cryptocurrency might be heading into a rough patch. Morgan Stanley, a big finance company, has warned that Bitcoin is now in its "fall season, " a time they say usually brings slowe
Trade wars can be scary, but many big economies are ready to face them. A recent study looked at 20 big emerging markets. It checked things like debt levels and how much they rely on exports. The goal was to see how well they can handle trade problems and changing politics. Most of these economies
Bonds have been on a winning streak this year, defying worries about inflation and high government debt. Intermediate-term corporate bonds are leading the charge, with gains of 8. 5% so far. This is a big jump from last year's 3. 2% increase. Even the broader bond market is up 6. 7%, making it the b
Natural gas prices have been on a rollercoaster, and it's not just about the weather. While forecasts have been all over the place, there's a lot more influencing the market. The US is pumping out natural gas like never before. Production is near its peak, which means there's plenty to go around. M
Extending mortgage terms to 50 years might seem like a helpful solution for those struggling with high housing prices. On the surface, it appears beneficial: monthly payments decrease by approximately $119. However, the downside is significant: the total interest paid nearly doubles over time. This
The U. S. Senate has taken a major step in regulating cryptocurrencies. A new draft bill aims to bring clarity to the crypto market. It gives the Commodity Futures Trading Commission (CFTC) more power. This is a big deal because it's the first time the U. S. is trying to clearly define who oversees
Jim Farley, the head of Ford, recently shared some surprising insights about electric vehicles (EVs). He admitted that after taking apart a Tesla Model 3, he was amazed by its design. The Tesla had much less electrical wiring than Ford's Mustang Mach-E, which made it lighter and more efficient. Far
The PlayStation 5 has sold over 80 million units, beating the Xbox Series X and matching the sales pace of its predecessor, the PS4. Sony is making good money from digital game sales and a huge player base. Microsoft, Sony's main rival, has been busy with other projects like PC gaming, Game Pass, an
Bitcoin's price took a dip in early November, dropping below $100, 000 after hitting a record high of $126, 000 in October. Some experts see this as a normal pullback after a huge price surge earlier in the year. Cathie Wood, the CEO of Ark Invest, is still very optimistic about Bitcoin. But she re
The stock market had a good day on Tuesday. The Dow Jones Industrial Average went up by 559 points. This was a big jump, and it even set a new record. The S&P 500 also did well, adding 0. 2% to its value. It was a bit shaky in the morning but recovered later. Not all stocks did well, though. The Na
