As the second quarter approaches, the Federal Reserve may find itself with new incentives to cut rates even deeper this year. Tony Dwyer, Canaccord Genuity’s chief market strategist, believes that a combination of a deteriorating jobs market and easing inflation will be the driving force behind the Fed’s decision to act more aggressively. In a
In recent times, what was once a simple gesture of gratitude has transformed into a significant source of annoyance for many consumers. The rapid rise of tipping culture post-pandemic has led to a scenario where individuals are faced with more opportunities to tip for a wide range of services than ever before, a phenomenon commonly
The first stock pick favored by the Street’s top pros is memory chipmaker Micron Technology (MU). Investors were impressed with its strong quarterly performance and solid guidance, particularly due to the demand stemming from the artificial intelligence boom. Needham analyst Quinn Bolton reiterated a buy rating on MU stock and increased the price target to
The advancement of technology in new cars has brought a plethora of high-tech features, from operating systems to navigation and remote unlock capabilities. However, with these advancements comes a significant concern regarding driver privacy. According to Ivan Drury, the director of insights at Edmunds, many of these new features are data-dependent. Whether it’s a computer
Mark Yusko, a hedge fund manager and the CEO of Morgan Creek Capital Management, recently made a bold prediction regarding the future price of Bitcoin. Yusko suggested that Bitcoin could more than double in value this year, reaching an impressive $150,000. This forecast has garnered attention from investors and cryptocurrency enthusiasts alike. Yusko advocates for
As the federal tax deadline approaches, individuals still have a window of opportunity to either reduce their tax bill or increase their refund. Although the end of the year typically marks the close of most tax-planning strategies, there are a few options available before the April 15 deadline that could potentially save you money, according
In a recent survey conducted by job site Monster, a staggering 95% of Americans expressed their intention to seek a new job within the year. The primary driver behind this mass exodus from current workplaces seems to be the desire for a higher income, with 45% of respondents citing this as their main motivation. This
In a surprising turn of events, Chinese telecommunications company Huawei reported a significant increase in net profit for the year 2023. The company’s net profit more than doubled, thanks to a combination of better product offerings and a substantial revenue growth of 9.6% year-on-year, amounting to 704.2 billion yuan ($99.18 billion). Huawei also saw its
The recent final rule issued by the Social Security Administration has significant implications for Supplemental Security Income (SSI) beneficiaries. This rule aims to prevent food assistance from affecting payments to certain beneficiaries, thereby alleviating financial burdens on individuals with disabilities, blindness, or those aged 65 and older who have limited income or resources. The new
In a world where finance has traditionally been considered a man’s responsibility, there is a growing movement to change that narrative. Women have historically saved less, invested less in the stock market, and faced judgment for their financial decisions. However, authors like Tori Dunlap are empowering women to take control of their financial lives. Through
