Most individuals today can benefit from adopting the money-saving strategies used during the Great Depression. By incorporating practices such as buying in bulk, making homemade...
US Dollar Resists Weakness Despite Mixed Data
The US dollar (USD) managed to hold its ground against most of its major peers on Friday, despite a mixed bag of economic data that...
UBS Breaks Banking Profit Record After Credit Suisse Takeover
UBS Group AG, the largest Swiss bank, has reported a staggering $29 billion profit for the second quarter of 2023, thanks to its emergency acquisition...
The benefits and drawbacks of investing in an ASX 200 ETF
An exchange-traded fund (ETF) is a type of investment that tracks the performance of a basket of securities, such as stocks, bonds, commodities, or currencies....
How to plan your retirement at 51 and access your funds at 61
Many people dream of retiring early and enjoying their golden years without the stress of work. But how do you plan your retirement if you...
Why Good Credit History Is Important For Borrowers
Credit history is a record of how a person has used credit in the past. It includes information such as the number and type of...
How ETF Investors Could Bear the Cost of Meme Stock Volatility
Exchange traded fund (ETF) industry participants are bracing themselves to take on a costly transfer of risk from US retail brokers, such as Robinhood, when...
U.S. Households and Nonprofit Organizations Hold More Cash and Deposits Than Ever
According to the latest data from the Federal Reserve Bank of St. Louis, the households and nonprofit organizations (NPOs) in the United States held a...
Bank of China accelerates digital yuan rollout across the country
The Bank of China, one of the four major state-owned commercial banks in China, has announced that it will start to offer digital yuan services...
China’s economic woes deepen as credit and property sectors slump
China’s economy is facing more challenges as the latest data showed a sharp decline in credit growth, a worsening property crisis and low consumer sentiment....
VOO vs SSO: Which ETF is better for long-term investment?
Investing in exchange-traded funds (ETFs) is a popular way to diversify one’s portfolio and gain exposure to various market segments. However, not all ETFs are...
Why Bill Gross Thinks 10-Year Treasuries Are Too Expensive
Bill Gross is a legendary bond investor who co-founded Pacific Investment Management Co. (PIMCO), one of the world’s largest asset managers. He retired from the...
Fed Shrinks Its Balance Sheet by $1 Trillion, Sparking Market Volatility
The Federal Reserve, the central bank of the United States, has reduced its balance sheet by about $1 trillion since the start of the year,...
Why a falling stock market is a reason to be optimistic
The stock market has been on a downward trend lately, as investors are worried about various factors such as inflation, interest rates, China’s slowdown, and...
Reddit users ask finance-related questions in weekly thread
Reddit, a popular online platform for social news and discussion, hosts a weekly thread where users can ask questions related to finance. The thread is...
General Electric Stock Shows Signs of Recovery After Strong Earnings
General Electric (GE) reported better-than-expected earnings and revenue for the second quarter of 2023, driven by strong performance in its aviation, healthcare, and renewable energy...