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finance

Market Moves: Tech Wins, Micron Drops After Fed Sell-Off

December 20, 2024

Early Thursday, Dow Jones futures signaled a small bounce after a tough market sell-off spurred by the Federal Reserve's rate outlook. While Micron Technology struggled with weak guidance, Nvidia and Tesla started to recover. The Bank of Japan and Bank of England announced rate decisions, with the y

finance

Markets Shudder: Rate Cuts, Tech Troubles, and a Sudden Drop

December 19, 2024

On Wednesday, the market took a tumble with the Dow Jones losing over 1, 100 points. Surprisingly, this happened after the Federal Reserve announced plans to cut interest rates twice more in 2025. The S&P 500 and Russell 2000 also suffered significant losses, falling below important thresholds. Trea

finance

Fed Adjusts Rates and Shifts 2025 Forecast

December 19, 2024

The Federal Reserve wrapped up its rate cuts for 2024 with a final adjustment at its meeting on Wednesday. Interestingly, they scaled back their expectations for rate reductions in 2025 by two, as inflation remains persistent and the economy stays robust. Just a couple of years ago, the situation w

finance

Why Did Micron's Stock Take a Big Dive?

December 19, 2024

Micron Technology, a top memory-chip maker, had a rough night after announcing their latest earnings. While they hit close to what experts predicted for the first quarter, their forecast for the next quarter didn't impress investors. This caused Micron's stock to drop dramatically in after-hours tra

finance

Fed's Rate Cut: What to Expect for Your Finances

December 18, 2024

The Federal Reserve is gearing up for another rate cut, which could mean lower interest rates on your credit cards, home loans, and car loans. This will be the third rate cut since September, bringing the total drop to 1 percentage point. While borrowers may celebrate, things get trickier for savers

finance

B. C. 's Budget: A Closer Look at the Deficit and Promises

December 18, 2024

British Columbia's Finance Minister Brenda Bailey recently announced a significant increase in the province's deficit. It has jumped by $429 million, hitting a record high of $9. 4 billion. This rise is mainly due to weak exports and higher expenses at home. Despite this, Bailey insists that the gov

finance

Dow Dips: Investors Wait for Fed's 2025 Rate Cut Plans

December 18, 2024

The Dow Jones Industrial Average has been falling for the longest stretch in over 40 years. Investors are losing hope that the Federal Reserve will quickly cut interest rates next year. The Fed is meeting this week to decide on another rate cut. But investors are unsure how aggressive the central ba

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Why Financial Advisors Are Cautious About Crypto

December 17, 2024

Cryptocurrencies have been on a roll since the U. S. election in November, with bitcoin hitting a new high above $107, 000 on Monday. But despite these soaring prices and President-elect Donald Trump's pro-crypto policies, many financial advisors are still hesitant to recommend crypto to their clien

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India's Aye Finance Seeks $171M IPO Boost

December 17, 2024

Are you curious about how small businesses in India get the financial help they need? Aye Finance is a lender that's focusing on these small and medium-sized businesses. They're planning to raise $171 million through an initial public offering (IPO). This money will help them expand their loan servi

finance

Will Tech Stocks Drive the Market to New Heights in 2025?

December 17, 2024

Mary Ann Bartels, the chief investment strategist at Sanctuary Wealth, has a compelling vision for the S&P 500 in 2025. She predicts the broad market index could surge more than 20%, reaching between 7, 200 and 7, 400 points. This forecast is about 22% higher than the S&P 500's closing on Monday. Ba