Top 10 Most Recent Blog Posts

Global Digital Wallet Transactions to Reach $25 Trillion by 2027 - Article Image

Global Digital Wallet Transactions to Reach $25 Trillion by 2027

Category: Economy Total Views: 32
By : Editor Updated: 06-13-2024
Introduction to Digital Wallet Usage Trends The way that people pay both online and in real stores is changing thanks to digital wallets. This change is highlighted by the most recent Worldpay report, which indicates that in 2023 digital wallets would account for 30% of in-store purchases and 50% of worldwide e-commerce purchases. The transaction value topped $14 trillion in 2027 and is expected to increase to $25 trillion in that same year. The ease and security that consumers find in digita... Continue Reading
How Fed Decisions and Tech Sector Gains Shape Markets - Article Image

How Fed Decisions and Tech Sector Gains Shape Markets

Category: Markets Total Views: 92
By : Editor Updated: 06-13-2024
Surprising CPI data indicating a 3.3% increase in May led the Federal Reserve to maintain interest rates unchanged. The IT industry, meantime, soared, with Oracle seeing a big boost despite missing earnings estimates because of strong demand for its cloud services and Apple's stock rising because of new AI features. These developments point to robust investment prospects impacted by Fed decisions in the tech industry as well as the larger market. Fed Holds Interest Rates Steady Interes... Continue Reading
Trump's Push for U.S. Bitcoin Mining Sparks Market Rally - Article Image

Trump's Push for U.S. Bitcoin Mining Sparks Market Rally

Category: Crypto Total Views: 104
By : Editor Updated: 06-13-2024
Bitcoin Mining Executives Meet with Former President Trump Leading bitcoin mining executives met with former President Donald Trump late on Tuesday. Joining CleanSpark were CEO Zach Bradford, head of public policy Brian Morgenstern, CEO Jason Les of Riot Platforms, and CFO Salman Khan of Marathon Digital. Multiple online articles highlighted the meeting. It was mostly concerned with the prospects for bitcoin mining in the US. Trump declared his intention to have the last bitcoins mined domest... Continue Reading
Roaring Kitty Sparks GameStop Sell-Off with Options Trade - Article Image

Roaring Kitty Sparks GameStop Sell-Off with Options Trade

Category: Stocks Total Views: 204
By : Editor Updated: 06-13-2024
Introduction to Keith Gill and GameStop Rally Known on Reddit as "Roaring Kitty," Keith Gill is credited with starting the GameStop rally. Widespread notice was drawn to his perceptive analysis and audacious investment in the video game retailer. By his acts, Wall Street was rocked by a historic short squeeze. Discussion of Gill's impact on the stock market grew to be intense. In this day of social media, his story perfectly captures the influence of individual investors. The ra... Continue Reading
U.S. Oil Gains 9.5% Year-to-Date Despite Inventory Rise - Article Image

U.S. Oil Gains 9.5% Year-to-Date Despite Inventory Rise

Category: Markets Total Views: 159
By : Editor Updated: 06-12-2024
Even with the Federal Reserve's modest interest rate cuts and a bearish U.S. stockpile report, traders expected tightening supplies, which drove up crude oil futures. The Department of Energy projected rising world oil demand while gasoline and crude inventories increased more than anticipated. Although up, fuel demand was still less than it was the previous year. Mixed forecasts were given by investment banks and agencies; the International Energy Agency anticipated lower demand while Morga... Continue Reading
May CPI Unchanged: Economic Analysis & Future Outlook - Article Image

May CPI Unchanged: Economic Analysis & Future Outlook

Category: Economy Total Views: 229
By : Editor Updated: 06-12-2024
The consumer price index (CPI) was unchanged in May, indicating a little slowdown in inflation, which climbed by 3.3% year. Excluding food and energy, the core CPI increased 3.4% yearly and 0.2% month over. Mixed signals from the report—energy prices were down and shelter costs were up—influenced market expectations for possible rate reductions by the Federal Reserve later this year. Future policy choices and economic estimates made by the Fed will be greatly impacted by the data. ... Continue Reading
Why Advanced Economies Have Been Resilient in 2024 - Article Image

Why Advanced Economies Have Been Resilient in 2024

Category: Stocks Total Views: 251
By : Editor Updated: 06-12-2024
Through 2024, advanced economies will have demonstrated resilience for a number of important reasons. Stable and expanding conditions have been provided by strong economic policies and technical developments. Confidence and activity have been sustained by strong labor markets, diversified financial systems, and successful public health measures. Their economic power has also been enhanced by consumer spending, green energy investments, flexible global trade, and wise fiscal and monetary policies... Continue Reading
Oracle Leverages Google and OpenAI for Cloud Growth - Article Image

Oracle Leverages Google and OpenAI for Cloud Growth

Category: Stocks Total Views: 298
By : Editor Updated: 06-12-2024
Though revenue projections were not met, Oracle's recent financial results show growth in cloud services. Oracle's stock has increased and it is now well-positioned in the cutthroat cloud infrastructure industry thanks to strategic cloud agreements with Google and OpenAI. Using partnerships and database management experience, the company intends to grow its worldwide cloud data centers to support AI workloads and set itself apart from competitors like Microsoft Azure and Amazon Web Servi... Continue Reading
How to Make the Most of Tax-Advantaged Accounts - Article Image

How to Make the Most of Tax-Advantaged Accounts

Category: Personal Finance Total Views: 307
By : Editor Updated: 06-12-2024
Retirement, education, and healthcare savings all benefit greatly from tax-advantaged accounts. Through tax-free or tax-deferred growth, these accounts lower taxable income and help optimize savings. Avoiding typical errors and doing good financial planning require an understanding of the different kinds of accounts, their contribution limits, and withdrawal regulations. With careful use of these accounts, one can improve long-term financial security and meet particular savings objectives. Un... Continue Reading
How to Be Financially Independent Without a Job in 2024 - Article Image

How to Be Financially Independent Without a Job in 2024

Category: Stocks Total Views: 388
By : Editor Updated: 06-11-2024
In 2024, financial independence without a job can be attained by laying a strong financial basis, creating passive income, and using digital assets. Long-term investments, prudent saving and spending practices, and ongoing education are all necessary. More help can come from using government programs and forming a support system. Success is mostly dependent on planning and discipline to overcome financial obstacles. Understanding Financial Independence in 2024 Being financially independent... Continue Reading