According to data from CNBC going back to 1980, the Nasdaq and other benchmark indexes have historically risen in the months following a presidential election. This trend has continued in 2024, with the tech-heavy index up by around 10% since Donald Trump’s win on Nov. 5. A new administration can mean less political uncertainty, making … Read more
TOKYO (Reuters) – Japan’s factory activity shrank at a slower pace in December as declines in production and new orders eased, a private-sector survey showed on Monday, edging closer to stabilisation after recent falls. The final au Jibun Bank Japan manufacturing purchasing managers’ index (PMI) rose to 49.6 in December, indicating the softest contraction in … Read more
Good morning. CFO turnover continued to increase this year. CFO poaching, planned retirements, or promotions to other C-suite roles are among some of the catalysts. However, as companies ramp up for more activity in 2025, CFO turnover could become an obstacle for M&A and succession planning. Chief executives, the strategic partners to CFOs, see more … Read more
The stock market hates surprising economic news. The latest evidence: Stocks plummeted on Wednesday after Fed officials signaled that they expect to cut interest rates only two times next year — down from the four projected in September. The news triggered a sell-off that ended in a 3% drop in the S&P 500 (^GSPC) and … Read more
sunnychicka/Getty Images sunnychicka/Getty Images hide caption toggle caption sunnychicka/Getty Images sunnychicka/Getty Images sunnychicka/Getty Images 2024 is over (phew!). We had weird consumer sentiment vibes, Bitcoin went to the moon, and the economy might have achieved a soft landing. And that’s just a few 2024 indicators! As we enter 2025, what indicators should we keep an … Read more
Money market accounts (MMAs) can be a great place to store your cash if you’re looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term … Read more
A money market account (MMA) can be an attractive option for savers who want a safe place to store their funds. MMAs often come with higher interest rates than regular savings accounts, allowing your money to grow more quickly. Plus, they typically include features like check-writing privileges and debit cards, which make it easy to … Read more