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...
Bitcoin may be poised for a rally, according to Matrixport’s index
Matrixport, a crypto services provider, has developed a proprietary index that measures investor sentiment and market trends for bitcoin (BTC). The index is called the...
Biden’s China tech curbs spark fears of retaliation among US investors
President Joe Biden has issued an executive order that prohibits some US investments in Chinese technology firms that pose a threat to national security and...
Fed’s balance sheet reduction poses a bigger threat to stocks than rate hikes
The Federal Reserve may be nearing the end of its rate hiking cycle, as inflation cools down and economic growth slows down. However, the central...
How to invest in the financial sector without banks
Many investors who want to diversify their portfolios with exposure to the financial sector face a dilemma: they want to invest in companies that provide...
How to Invest 30k Wisely: Tips from Reddit and Experts
If you have 30k to invest, you may be wondering what are the best ways to grow your money and achieve your financial objectives. However,...
Americans Face Record-High Credit Card Debt Amid Economic Crisis
According to the latest report by the Federal Reserve Bank of New York, credit card balances in the U.S. reached a new milestone in the...
How to Invest in High-Yield REITs, According to an Expert
Real estate investment trusts (REITs) are companies that own or finance income-producing properties, such as office buildings, shopping malls, hotels, warehouses, and apartments. REITs offer...