The hidden beliefs about money that sabotage us

Episode 195 of Down to Business podcast Get the latest from Gabriel Friedman straight to your inbox Published May 24, 2023  •  Last updated 1 day ago  •  1 minute read This week on Down to Business features ​​financial therapist Aseel El-Baba explains where money troubles come from. Photo by REUTERS/Chris Wattie The pandemic, the housing… Continue reading The hidden beliefs about money that sabotage us

Stock Market Today: Stocks Rise After AI Outlook Sparks Explosive Nvidia Rally

A blowout earnings report and artificial intelligence (AI) outlook from Nvidia (NVDA) temporarily took Wall Street’s mind off the looming debt ceiling deadline.  While NVDA’s good vibes spread to several other tech stocks, fellow chipmaker Intel (INTC) tumbled in reaction to the impressive results. Indeed, INTC was one of the worst-performing blue chip stocks today,… Continue reading Stock Market Today: Stocks Rise After AI Outlook Sparks Explosive Nvidia Rally

US stocks rise as White House and Republican lawmakers near deal to raise the debt ceiling

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

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