Markets Both the stock markets and bond markets will have Monday off as the nation honors civil rights leader Martin Luther King Jr.The first three-day weekend of the year is upon us. Neither the stock market nor the bond market will be open for trading on Martin Luther King Jr. Day, which falls on Monday,… Continue reading Is the Stock Market Closed on MLK Day 2022? | Kiplinger
Stock Market Today: Financials Hold Back Dow in Mixed Friday Session | Kiplinger
The fourth-quarter earnings season began in earnest Friday, but Wall Street’s latest performance metrics did little to invigorate the bulls and saw the Dow Jones Industrial Average finish in the red. A bevy of blue-chip financial stocks put up mostly strong Q4 headline numbers before the opening bell, but other factors contributed to mixed results… Continue reading Stock Market Today: Financials Hold Back Dow in Mixed Friday Session | Kiplinger
Can AI Beat the Market? 10 Stocks to Watch | Kiplinger
Artificial intelligence (AI) isn’t new to the world of stock picking, but it hasn’t really been an option for retail investors. That is, until now. Traditionally, powerful artificial intelligence systems – and the high-octane brainpower needed to develop and operate them – have been available only to institutional investors. We’re talking hedge funds, quant funds… Continue reading Can AI Beat the Market? 10 Stocks to Watch | Kiplinger
The Best Cryptocurrencies for 2022 | Kiplinger
In investing, the trend is your friend – until it isn’t. That proved true for digital currencies last year, and it could very well define the outlook for the best cryptocurrencies of 2022. Overall, digital currencies produced a remarkable 2021 that helped solidify an already strong argument for their inclusion in more risk-tolerant investors’ portfolios.… Continue reading The Best Cryptocurrencies for 2022 | Kiplinger
US stocks whiplashed as banks drop on earnings results and bond yields surge
Traders have been cheered by earnings but are still concerned about inflation.Brendan McDermid/Reuters US stocks experienced a volatile trading session on Friday as bond yields surged and banks reported earnings results.A big miss in December retail sales initially sent the Nasdaq lower before recovering.US retail sales dropped 1.9% in December from the prior month, while… Continue reading US stocks whiplashed as banks drop on earnings results and bond yields surge
JPMorgan boss Jamie Dimon says the Fed could hike interest rates as many as 7 times this year
Jamie Dimon, chairman and CEO of JPMorgan ChaseMisha Friedman/Getty Images JPMorgan CEO Jamie Dimon expects the central bank to raise rates six to seven times in 2022. Dimon’s forecast is roughly double compared to other Wall Street predictions. The Fed has signaled it would begin hiking rates starting in March. Sign up here for our… Continue reading JPMorgan boss Jamie Dimon says the Fed could hike interest rates as many as 7 times this year
Ethereum co-founder Vitalik Buterin asked for the ‘most unhinged’ criticisms of him on Twitter — highlighting the darker side of crypto
Vitalik Buterin, founder of ethereum.John Phillips/Getty Images for TechCrunch Vitalik Buterin shared crazy online criticism about him, and asked Twitter for more examples Thursday. The ethereum co-founder got thousands of answers, on topics from his supposed secret cabal to Ripple. The 27-year-old is no stranger to trolling, despite spearheading forward-thinking crypto projects. Sign up here… Continue reading Ethereum co-founder Vitalik Buterin asked for the ‘most unhinged’ criticisms of him on Twitter — highlighting the darker side of crypto
Rio de Janeiro’s mayor is following the lead of Miami’s bitcoin-loving Francisco Suarez and will invest 1% of the city’s reserves in the cryptocurrency
Rio de Janeiro Mayor Eduardo Paes.Buda Mendes/LatinContent via Getty Images Rio de Janeiro is aiming to put 1% of the famous Brazilian city’s reserves into bitcoin, its mayor reportedly said Thursday. Eduardo Paes spoke of the plan during a panel with Miami Mayor Francis Suarez, himself a bitcoin bull. Rio de Janeiro may also offer… Continue reading Rio de Janeiro’s mayor is following the lead of Miami’s bitcoin-loving Francisco Suarez and will invest 1% of the city’s reserves in the cryptocurrency