finance on localnews page 142

In a twist of events, Japan's economy has seen a surprising 0. 3% year-on-year boost in its real GDP this past quarter. This sharp turnaround comes after a 1. 1% dip in the previous quarter. You might be wondering what caused this sudden shift. The Bank of Japan made an interesting move when it rais

Fed Chair Powell: Hold Your Horses on Rate Cuts!

Federal Reserve Chair Jerome Powell dropped a hint in Dallas about future interest rate cuts. He said, "We're in no hurry. " Why? Inflation is still hanging around, and the economy is doing just fine. He's got a point. When things are steady, there's no rush to change them. Economists think the Fed

Investing in Chinese Stocks: Worth the Gamble?

Caroline Cai, the CEO of U. S. -based Pzena Investment Management, believes that now is the time to increase exposure to Chinese stocks. She argues that the risks are obvious to everyone, but the valuations are so low that investors are being compensated for taking on that risk. This perspective is

Market Moves: Euro Stocks Rise, Burberry Surges, and Inflation Talks Continue

Early Thursday, European markets saw a modest rise as investors analyzed global inflation and potential rate cut moves by central banks. The Stoxx 600 index was up a bit, with sectors showing mixed results. Telecom stocks led the gains, while household goods dipped. Burberry's shares shot up by 13%

Crypto's Future: Is It Independent of Politics?

Everyone's talking about how a Trump presidency might affect digital assets like Bitcoin. But guess what? Some experts say it won't make a huge difference. Crypto is apolitical, meaning it's not really influenced by who’s in charge. Investors are hopeful a Republican government could foster growth,

Bitcoin's Post-Election Boom: Strategies for Smart Investors

Since Donald Trump's election victory, bitcoin prices have been on a rollercoaster ride, hitting an all-time high of over $93, 000 before dipping below $88, 000. Investors are wondering how to navigate this volatile market. Experts like Matt Bartolini from State Street Global Advisors suggest that u

Finance and Tech: A Decade-Long Dance

Imagine walking into a room filled with finance leaders, and you hear them talking about the future of their industry. Adena Friedman, the big boss at Nasdaq, and C. S. Venkatakrishnan, the top dog at Barclays, recently shared their thoughts at the Fortune Global Forum in New York City. Friedman bel

Bitcoin Boom: How to Stay Tax-Smart Before 2025

Bitcoin is hitting new highs, but crypto investors should keep an eye on something else: taxes. Starting in 2026, brokers will report crypto sales on Form 1099-DA, listing gross proceeds from 2025. By 2027, they'll include your original purchase price, known as the "basis. " This price is crucial be

Stocks on Edge: Uncertainty Before Key Data

On Tuesday, investors got worried that some stocks were getting too expensive. This is called a stock market "bubble. " These stocks, often riskier ones, had gone up a lot after Donald Trump was elected president. But before important US economic data was released on Wednesday, some of these stocks

Market Bets Nudge Toward December Fed Rate Cut