finance on localnews page 143

finance

Don't Miss These Small Details During Open Enrollment

November 13, 2024

When it's time to pick your insurance plans at work, everyone tends to focus on the big stuff like premiums and deductibles. But it's the smaller details that can cause real headaches. For instance, life insurance is usually a no-brainer—a free policy with no premiums? Check! But hold up, there's mo

finance

Why CD Rates Have Dropped This Year, and Why You Shouldn't Panic

November 13, 2024

Certificates of Deposit (CDs) are a favorite for people who want safe and predictable ways to save. Lately, CD rates have been high, making them really attractive. But now, inflation is slowing down, and the Federal Reserve has cut their rates twice. So, CD rates are going down too. Even so, CDs sti

finance

Why Bitcoin Prices Are Soaring After Trump's Win

November 13, 2024

Bitcoin, the world's largest cryptocurrency, hit a new record high of $87, 000 on Monday. This surge follows Donald Trump's presidential election victory. Analysts believe the incoming administration could be more friendly towards cryptocurrencies, leading to potential regulatory clarity and flexibi

finance

Ethereum ETFs Score Big, Bitcoin ETFs Boom: What's Driving the Surge?

November 12, 2024

In a surprising twist, Ethereum (ETH) exchange-traded funds (ETFs) saw a record increase in inflows, marking a significant milestone. Meanwhile, Bitcoin (BTC) ETFs witnessed a massive surge, hinting at a possible price jump to $90, 000. But what's behind this sudden growth? Let's break it down. Fir

finance

Why Crypto Boomed After Trump's Win

November 12, 2024

Bitcoin hit a new record, topping $87, 000, after Donald Trump's election victory. Cryptocurrencies have rallied since then. Analysts say this is due to expectations of a more crypto-friendly administration. However, crypto is known for its volatility and risks. The election result surprised many.

finance

Exploring Stock Prices and Trading Activity with a New Model Twist

November 12, 2024

Have you ever wondered how well stock prices and trading volume can be analyzed together? Scientists have come up with a tweaked version of an existing model, called the Barndorff-Nielsen and Shephard stochastic volatility model. Instead of trying to figure out instantaneous variance, which is hard

finance

Bitcoin ETF Outshines Gold, Reaches New Heights

November 12, 2024

Imagine this: a fund based on a digital currency you might have heard of called Bitcoin has just overtaken a long-standing investment in gold. The iShares Bitcoin Trust (IBIT) is now worth more than the iShares Gold Trust (IAU), which has been a favorite among traditional investors. By Friday, IBIT

finance

Bitcoin Hits New High, Stocks Mixed as China's Stimulus Disappoints

November 11, 2024

Bitcoin broke records, jumping over $82, 000 on Monday. This comes after the digital coin's rally, fueled by former President Donald Trump's pro-crypto stance. Meanwhile, European markets surged, catching up with last week's Wall Street rally. The DAX in Germany rose 1. 2%, while the CAC 40 in Franc

finance

Binance and CZ Face Massive Lawsuit from FTX

November 11, 2024

Binance, one of the world's largest cryptocurrency exchanges, and its former CEO, Changpeng Zhao (CZ), are being sued by FTX for a staggering $1. 8 billion. This legal battle comes after FTX filed a lawsuit claiming that Binance and CZ played a significant role in FTX's collapse last year. The lawsu

finance

China's Booming Exports: A Global Trade Challenge

November 11, 2024

China's exports are skyrocketing, leaving many countries concerned about a massive trade imbalance. The gap between what China sells to the world and what it buys is growing rapidly. If this trend continues, China could hit a record $1 trillion trade surplus by the end of the year. This isn't just a