By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) -A global equity index rose on Monday with help from Wall Street, and U.S. Treasury yields climbed to an almost seven-month high while data showed a deterioration in U.S. consumer confidence and investors prepared for fewer Federal Reserve rate cuts in 2025. In U.S. equities, Nasdaq … Read more
Had you invested $1,000 in the S&P 500 in 1965, it would be worth around $325,053 today. However, had you invested $1,000 in shares of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) at the very same time, it would now be worth a whopping $42.5 million. It was 1965 when Warren Buffett became the CEO of Berkshire. … Read more
While 2024 gave many credit cardholders the opportunity to earn incredible rewards or cash in for big travel plans, they also faced rising debt balances and an ever-changing interest rate environment. As we approach 2025, there’s still uncertainty about what the future holds — new policies could affect the current state of card fees and … Read more
The Federal Reserve continues lowering short-term interest rates. At its latest meeting on Dec. 18, it once again lowered them by 0.25%. As a result, overall inflation has been cooling in the last two years. And the presidential election has passed. It would seem that conditions are consolidating for a housing market rebound. “We’ve seen … Read more
Hey everyone! Did you have a good month? November was an interesting month. We had the Presidential election in the U.S. and emotion ran high. I was disappointed with the result, but that’s life. You win some, you lose some. I’ll be on a news diet for the next 4 years, though. I don’t need … Read more
Prices involve a lot of psychology. That’s why retailers roll out 3-for-1 discounts, promote offers to buy one get one free, and round prices down to end in 99 cents. Similarly, a high-priced stock can dampen an investor’s enthusiasm. After all, would you rather have five shares of a stock, each worth $100, or half … Read more
Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices. Well-heeled customers traded down to Walmart and Aldi. Diners opted for fast food or home cooking instead of sit-down restaurants. Department stores struggled … Read more