What is the reason for the slowdown in Gen X spending? By Investing.com
Investing.com — “Bank of America’s internal card data shows that Gen X discretionary spending has been particularly weak compared to other generations,” analysts at BofA Securities said. Generation X is…
Dow Jones Hits All-Time High, Stocks Hit Three-Week Winning Streak Ahead of Key Jobs Report
Spencer Platt/Getty Images US stocks were mixed on Friday, with the Dow Jones closing at a record high while the S&P 500 and Nasdaq fell slightly. The three major averages…
The Southeastern United States faces a daunting task in cleaning up Helene; Death toll rises By Reuters
By Rich McKay, Joseph Ax and Andrew Hay ATLANTA (Reuters) – Authorities across a wide swath of the southeastern United States on Saturday faced the difficult task of cleaning up…
Watch for These Warning Signs About a Possible Spike in the Stock Market’s Long-Term Bullish Rally, NDR Says
Adobe Firefly, Tyler Le/BI Ned Davis Research says investors should watch for signs of a possible spike in the S&P 500. The secular bull market, which began in 2009, is…
TD Bank Nears Possible Guilty Plea in Money Laundering Investigation, WSJ Reports By Reuters
(Reuters) – TD Bank is close to a possible guilty plea on criminal charges that its U.S. retail bank failed to curb money laundering linked to Chinese criminal groups and…
Warren Buffett’s BofA selling spree moves toward key milestone
(Bloomberg) — A dozen sales rounds have reduced Warren Buffett’s stake in Bank of America Corp. to the cusp of a key regulatory threshold, where he will no longer need…
Apple abandons talks to join OpenAI investment round, says WSJ By Reuters
(Reuters) – Apple (NASDAQ 🙂 has abandoned talks to participate in an OpenAI funding round that is expected to raise about $6.5 billion, the Wall Street Journal said on Friday.…
The politics of tariffs are complicated. A Democrat just introduced a bill to make Trump’s proposals law.
Former President Donald Trump calls himself a “tariff man” and says the taxes on imported goods “are the greatest thing ever invented,” so it’s no surprise Vice President Kamala Harris…
Why Nvidia Stock Could Soar More Than 500% by Decade’s End, Says Former Consulting Executive
NVDA shares could reach $800 each by 2030, former BCG executive Phillip Panaro predicted.Chelsea Jia Feng/BI Nvidia could soar another 545% by the end of the decade, Phil Panaro predicted.…
Elon Musk’s X will be allowed back online in Brazil after paying one more fine
The Federal Supreme Court (STF) in Brazil suspends Elon Musk’s social network after it fails to comply with orders from Minister Alexandre de Moraes to block accounts of those being…