US stocks rose Friday following reports lawmakers are nearing a deal to raise the country’s debt ceiling. Negotiators looked set on working to finalize an agreement before a June 1 deadline. Inflationary pressures showed up in the core PCE index for April. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading US stocks rise as White House and Republican lawmakers near deal to raise the debt ceiling
Nvidia has blown away its longtime rival Intel this year as the AI craze fuels massive stock gains
Nvidia’s shares surged Thursday after it issued a sales forecast that dwarfed Wall Street’s expectations. The chipmaker’s stock has gained a staggering 160% within the first five months of this year. Longtime rival Intel is up just 4% over the same period. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Nvidia has blown away its longtime rival Intel this year as the AI craze fuels massive stock gains
A secretive US hedge fund has likely notched a $5 billion gain on Nvidia stock this year as the AI boom rages on
A low-profile US hedge fund has probably made a $5 billion gain on Nvidia stock this year. Jennison Associates’ nearly 1% stake in the microchip maker is worth around $8.6 billion today. Nvidia shares have surged by about 160% this year as investors bet it will profit from the AI boom. Loading Something is loading.… Continue reading A secretive US hedge fund has likely notched a $5 billion gain on Nvidia stock this year as the AI boom rages on
The US’s borrowing is a threat to the dollar even though the debt-ceiling drama looks like it’s coming to an end, Jim Grant says
Unchecked US borrowing could end up threatening the dollar’s long-term dominance, according to Jim Grant. Promises to cut spending will likely be “negated and forgotten,” he told CNBC. Fears about the government defaulting on its debt repayments have weighed on demand for dollar-denominated Treasury bonds. Loading Something is loading. Thanks for signing up! Access your… Continue reading The US’s borrowing is a threat to the dollar even though the debt-ceiling drama looks like it’s coming to an end, Jim Grant says
Markets don’t believe Yellen’s warning that the US government will be out of money by June 1, Jim Bianco says
Markets don’t seem to believe Janet Yellen’s warning that the X-date – when the US government would run out of cash – is June 1, Jim Bianco said. “All signs point to more time than June 1,” he tweeted Thursday. Yellen has repeatedly warned that the Treasury will soon run out of money and be… Continue reading Markets don’t believe Yellen’s warning that the US government will be out of money by June 1, Jim Bianco says
Overspending or undercharging? These can be signs that trauma has shaped your relationship with money
Understanding your attachment style to money To understand how trauma impacts your money habits, Michael Reynolds, a financial advisor and therapist and founder of Elevation Financial, points to the different attachment styles people develop when they’re young. Whether you’re anxious, avoidant, disorganized or secure, your attachment style will often dictate how you relate to money,… Continue reading Overspending or undercharging? These can be signs that trauma has shaped your relationship with money
Farmers Face Lower Costs, Greater Weather Risks: Kiplinger Economic Forecasts
The fortunes of the agricultural sector have a major impact on the prices we pay for essential goods and therefore the wider economy. So to help you make better investment and other financial decisions we will keep you in the loop on major developments in this market (Get a free issue of The Kiplinger Letter… Continue reading Farmers Face Lower Costs, Greater Weather Risks: Kiplinger Economic Forecasts
New Emissions Limits to be Introduced: Kiplinger Economic Forecasts
The way businesses and industries are regulated affects people and the economy. So our hugely experienced Kiplinger Letter team will keep you abreast of the latest regulatory developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You will get all the latest news first by subscribing, but we will publish many… Continue reading New Emissions Limits to be Introduced: Kiplinger Economic Forecasts
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