As the new year unfolds, Wall Street analysts are projecting a modest growth trajectory for the stock market in 2025, following a remarkable performance in the preceding years. The S&P 500 is expected to rise by approximately 14.8% this year, according to data...
Bitcoin has reached unprecedented heights, soaring to nearly $90,000 in the wake of Donald Trump's election as President of the United States. The cryptocurrency surged by 27.89% since November 5, closing at an all-time high of $88,701.49 on November 11, 2024. As of...
NEW YORK (AP) — The rise of job scams has become a pressing concern for job seekers, particularly as many rely on online platforms to find employment. According to Eva Velasquez, president and CEO of the Identity Theft Resource Center, "We’ve really seen tremendous...
Starting in January 2025, millions of older Americans will see a 2.5% increase in their Social Security benefits, marking the smallest cost-of-living adjustment (COLA) since 2021. This adjustment is expected to add approximately $50 to the average monthly benefit,...
On October 4, 2024, the U.S. dollar remained near a six-week high, poised for its largest weekly gain since April, driven by safe-haven demand amid escalating tensions in the Middle East. The dollar index, which measures the U.S. currency against six other major...
NEW YORK (AP) — As the holiday shopping season nears, financial experts are cautioning consumers about the potential pitfalls of store credit cards. Mykail James, a 19-year-old who worked a seasonal job at Victoria's Secret, shared her experience of acquiring a store...
In a recent interview with Newsmax, Republican presidential candidate Donald Trump condemned the Federal Reserve's decision to lower its benchmark interest rate by half a percentage point, labeling it "a political move." This comment comes just weeks before the...
As inflation continues to impact household budgets, many Americans are feeling the strain of rising grocery prices. According to a recent report by the U.S. Department of Agriculture (USDA), food prices have surged significantly, leading families to rethink their...
The U.S. labor market showed signs of cooling in August, with employers adding 142,000 jobs, falling short of economists' expectations. The unemployment rate, however, edged down to 4.2% from July's 4.3%, according to the latest report from the Bureau of Labor...
STOCKHOLM, August 27, 2024 — Swedish fintech company Klarna has announced a significant reduction in its workforce, attributing the change to the implementation of artificial intelligence (AI) chatbots. This move is part of Klarna's broader strategy to enhance...