Robert Kiyosaki Says US Is Bankrupt With $250 Trillion Debt, Asks People To Invest In BTC
Kiyosaki said gold, silver and Bitcoin are the best hedge against the incoming crash.
Job Gains, Rising Real Wages Could Change The Game On Wall Street
The U.S. economy continues to churn out more jobs at a healthy rate, according to the U.S. Bureau of Labor Statistics.
The Fed Stays Focused On Inflation, Risking More Bank Failures And An Outright Recession
On Wednesday afternoon, the nation's central bank announced another rise in the Federal Funds Rate by 25 basis points and pledged more hikes if needed to achieve price stability, meaning bringing inflation to the official target of 2%.
Bitcoin Falls Slightly After Jerome Powell Confirms Fed Rate Hike Pause Still Up In The Air
The Fed's decision Wednesday is the 10th rate hike in a span of 14 months.
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High Tech Stocks, Bitcoin Rally Like March Of 2020 – How Long Will It Last?
The easing of inflation comes at a time when higher interest rates have begun to take their toll on the nation's regional banks.
Why Wall Street Keeps On Fighting The Fed
Fighting the Fed is a bad idea on Wall Street. It can be harmful to traders and investors who do just that.
Bitcoin Slumps As Federal Reserve Stays Focused On Inflation Hiking Interest Rate By 25 Bps
The Federal Reserve once again raised interest rates by 25 bps during its meeting on Wednesday with FOMC chair Jerome Powell noting that "we no longer expect that ongoing rate increases will be appropriate."
Stocks, Commodities And Bitcoin Rally On Easing Of Bank Failures Fears, Hopes Of Moderation Of Rate Hikes
Traders and investors were encouraged by comments made by U.S. Treasury Secretary Janet Yellen, reassuring bankers that regulators are prepared to protect depositors of smaller U.S. banks.
Layoffs 2023: FedEx, Rivian And REI Announce Job Cuts, Hundreds Affected
FedEx, Rivian and REI saced hundreds of employees, citing profitability and consumer demands.
December Inflation, Q4 Earnings: What To Expect
The easing of supply chain constraints has begun to put downward pressure on prices on the economy's supply side.
FOMC December Meeting: 50 Or 75-Basis Point Rate Hike?
On Wednesday, the Open Market Operations Committee (FOMC) will hold its regular meeting, which will set the pace of interest rate hikes for another five weeks to bring inflation under control.
Wall Street Big November Reversal – Will It Last?
All major U.S. equity indexes finished higher in November, with the tech-heavy Nasdaq leading the gains as market volatility ebbed.
Private Hiring Falls Well Below Expectations In November: ADP
Wednesday's ADP report shows private hiring down in the U.S., a sign the tight labor market may be loosening.
Russia-Ukraine War, Fracking Turn America Into The World's 4th Largest Crude Oil Exporter
The improvement in the U.S. trade balance that followed the surge of energy exports is a mixed blessing for the U.S. economy.
US Stocks Rise As Investors Anticipate Midterm Election Results, October Inflation
While the full results of the midterm elections may not be known for days or even weeks, traders and investors raised their bets on stocks on the prospect of a divided legislature.
Traders And Investors Should Stop Fighting The Fed – It Doesn't Work
Equity valuations are heading higher when the Fed is in an interest rate easing cycle. Thus, it's an ideal time to be on the long side of the equity market.
US Stocks Start The Week With Another Sell-Off On Earnings, Interest Rates Worries
All major equity indexes ended Monday's trade lower, with the S&P 500 dropping 0.75%, the Dow Jones Industrials losing 0.32% and the tech-heavy Nasdaq falling the most by 1.04%.
September Jobs Report: A Calm Before The Storm?
Despite the high job opening levels, the U.S. economy has not gained any new jobs since the pandemic, and many jobs are either part-time or temporary.
Why Do 6-Figure Wage Earning Americans Live Paycheck To Paycheck?
According to a recent LendingClub report, as of August, 45% of Americans who make six figures are living paycheck to paycheck, up from 38% a year ago.
S&P 500 Could Rise More Than 25% Over The Next 12 Months: Industry Analysts
The bullish S&P 500 forecasts of industry analysts should offer some relief to investors who have been seeing red on the screen in recently.
Personal Finance: Here Are 6 Creative Ways To Save Money
Although inflation has disrupted the economy and caused prices to rise, there are several ways to save money.
Economist Says 'Miracle' Needed To Save US From Recession, Predicts 2% GDP Slump
Former Federal Reserve economist Stephen Roach said the "impacts" of monetary tightening "haven't kicked in at all right now," and a "miracle" may be the only way to avoid a recession.
Inflation, Climate Bills Make Progress As Key Senators Finally Reach A Deal
The Bill Back Better bill will finally go through the Senate as the Inflation Reduction Act.
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