Business

(Liz Brumer-Smith) Down markets aren't fun. Volatility, market swings, and notable losses in portfolio earnings can be hard for any investor to stomach. Turbulent times like we're seeing today can even lead some investors to make big mistakes that, more often than not, make your portfolio worse off in the…

Bitcoin could reach a cycle high of as much as $150,000 in 2025, driven by the so-called halving event and institutional inflow brought by bitcoin exchange traded funds, which are expected to be approved soon, according to analysts at AllianceBernstein.  The recent ETF optimism has sent the largest crypto BTCUSD,…

2 Hours AgoChina industrial profits fall in Jan-Sept periodChina's industrial profits fell in the first nine months from a year earlier, according to data released by the government.Profits at industrial firms shrank by 9% in the January to September period from a year earlier, following an 11.7% profit year on year fall in profits for the first…

4 Hours AgoOil settles slightly higher after sell-off this weekOil settled slightly higher on Thursday but still hovered at three-months lows after a sell-off this week triggered by worries that demand is softening. Brent crude contracts for January edged up 47 cents, or .59%, to $80.01 per barrel, while West Texas Intermediate contracts for…

Dear Liz: I am pondering the best time to begin drawing Social Security. I have no debt, am 61, retired and fortunate enough to have retirement funds that are projected to last until I’m 95 without Social Security. That said, when I begin drawing Social Security, I understand I am likely to get taxed at the full 85% rate based upon the monthly…

According to RBI Remittance Survey 2021, India’s 30% expat population in the United Arab Emirates (UAE) account for 18% of the US$110 billion global remittance inflow to India. The financial ties between the two countries stretch beyond remittances, now encompassing the realm of Web3, an evolving iteration of the internet based on blockchain…

The slump in Chinese stocks this year has been catastrophic for some of the bullish money managers, given the size of the market and its upside promise. Bears haven’t run out of reasons to predict more pain in the coming months.About US$955 billion of market capitalisation has evaporated from Chinese stocks listed in Hong Kong, Shanghai,…

It's been a year since the demise of the FTX exchange — an event that's now increasingly looking like it was the Bitcoin (BTC), which is up roughly 120% from a year ago.In November 2022, the FTX collapse wiped nearly $300 billion off the market cap, impacting several cryptocurrencies. The ones that suffered the most were tokens with deep…

The oft forecasted Recession hasn’t yet appeared. Has it been avoided (i.e., “soft-landing”)? A look at the growing evidence leads us to conclude that the Recession is coming; we suspect that when the NBER gets around to dating it, this quarter (Q4) will mark its beginning. Earnings Expectation Changes in Q4FactSet, Rosenberg Research The first…

Thanksgiving, like many holidays, is a time of stress and angst, but it can be a little less stressful if you're high.While marijuana sales aren't legal in Indiana, states such as Illinois have legalized the sale of medical and recreational marijuana. In 38 states and Washington D.C., marijuana is legal for medical use while 24 states have…