News

On Monday, Bitcoin soared above $120,000, but it seems like this surge isn’t just due to typical speculative trading. It looks like wealthy institutions are playing a huge role, making significant changes to how the market is structured. “What we’re seeing now is a maturing asset,” said Kara Mitchell, digital assets strategist at Orion Capital. […] More

A Mixed Bag for Stocks in Midday Trade This week’s stock market movements are leaving investors a bit confused. New economic reports and unexpected earnings are making some stocks rise while others fall. With a dip in regional gaming and a crypto-driven surge, there’s a lot to watch on Wall Street. Penn Entertainment Slips on […] More

This Tuesday, there’s a lot happening on Wall Street, with news about deals, regulations, and some cautious comments from analysts affecting prices of several big companies. Stocks are swinging up and down. For example, there’s talk about Starbucks possibly selling a huge stake in its China business, and UnitedHealth is facing new issues. Let’s dive […] More

Tariffs Cast a Shadow on Wall Street On Tuesday, Wall Street seemed a bit uneasy as fresh concerns about tariffs and changing investor interests emerged. By the afternoon, the Dow Jones Industrial Average had dipped by 0.2%. Both the S&P 500 and Nasdaq also saw slight declines. It was a gentle reminder that political actions […] More

The dollar has risen to its strongest point in over a week, thanks to new trade war threats from President Trump that have worried investors everywhere, from Tokyo to Seoul and beyond. Tariffs Trigger a Greenback Rally On Monday afternoon in New York, the U.S. dollar rose by 0.6% against a group of major currencies. […] More

On Wednesday, the private sector jobs report startled Wall Street by revealing that U.S. businesses unexpectedly cut 33,000 jobs in June. This was a surprising turnaround, especially since experts had expected a gain of 100,000 jobs. It marks the first decline in private payrolls since March 2023, according to new data from ADP. This unexpected […] More

High-yield dividend stocks don’t usually drop in price, so when they do get close to their 52-week lows, many people looking for income take notice. Some deals are just too good to pass up, even when the market is a bit shaky. Take Lowe’s, Procter & Gamble, and Chevron, for example. They’re well-known brands, and […] More

In May, the core inflation rate in the U.S. unexpectedly rose to 2.7%. This surprised many economists and sparked new discussions about when the Federal Reserve might change interest rates. Unexpected Bump in Core Prices On Friday, the Commerce Department shared some new data showing that the personal consumption expenditures (PCE) price index, which the […] More

On Thursday, Wall Street had a strong day, with the S&P 500 getting closer to breaking its record high. Investors are feeling optimistic about potential interest rate cuts while also taking in some not-so-great news about the economy. After a long wait—16 months, in fact—the S&P 500 is now nearly at its first record close […] More

So, the term “Magnificent Seven” continues to create buzz on Wall Street, but veteran fund manager John Barr believes it’s time to broaden our horizons. He admits that while the excitement isn’t over, investors diving into just a handful of popular stocks might be overlooking some much larger opportunities. Barr has done a fantastic job […] More

In a recent statement, Federal Reserve Governor Michelle Bowman indicated that a decrease in interest rates could happen in July if inflation stays under control. Speaking at a monetary policy forum in Prague, she suggested that the Federal Reserve might lower rates soon, which hints at a possible easing of borrowing costs after a period […] More