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Jack Dorsey’s Block is the most interesting company in crypto right now
In the early days of crypto there were just a handful of companies, including some venerable names like Coinbase, Kraken, and Grayscale, which are still around. Today, there are hundreds of firms that offer crypto, including those like BlackRock and PayPal that operate primarily in the world of conventional finance. For me, the most intriguing…
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Cost of buying a home in America reaches a new high, Redfin says
Buying a house is costlier than anytime in at least the last decade, with property buyers hit with the double whammy of rising mortgage rates and home prices, according to real estate company Redfin.The average interest rate on a fixed 30-year home loan rose to 7.1%, marking the first time this year rates have topped 7%, according to Freddie…
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Stock futures fall after Meta Platforms, IBM report quarterly results: Live updates
15 Mins AgoiCapital's Anastasia Amoroso sees S&P 500 ending at 5,500 this yeariCapital chief investment strategist Anastasia Amoroso believes that there's a good chance the S&P 500 could rise to 5,500 by year's end.The broader market index closed at 5,071.63 on Wednesday afternoon. This target would mark an 8% increase for the…
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GDP report Thursday expected to show economy still growing at a solid pace
The U.S. economy likely expanded at a solid pace in the first three months of the year and perhaps even better than Wall Street expects, while still below the robust level at the close of 2023. Gross domestic product, the sum of all goods and services produced across the sprawling U.S. economy, is expected to post a 2.4% annualized growth rate…
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How to manage market volatility with ETFs
With markets experiencing volatility stemming from geopolitical tensions and broad shifts in interest rate predictions, Bank of America Head of the Research Investment Committee Jared Woodard joins Wealth! to discuss the best ETF investment strategy for this environment.Woodard highlights that ETFs are a valuable asset for investors who don't…
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Looking for a financial adviser? Take a look at these leading firms
The stock market, not to mention life itself, has been a rollercoaster over the past few years.In rinse-and-repeat-like cycles, stocks have tumbled as the pandemic, inflation or the Federal Reserve’s interest rate hikes have darkened the economic outlook – and rebounded as the pandemic or inflation have eased and the Fed has forecast…
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Traders pile millions into bets Bitcoin will hit $100,000 in September — here’s what will
Options traders are pouring millions into bets that the cryptocurrency will hit $100,000.Crypto market maker Wintermute analysed options data and outlines what’s driving optimism.Runes is among drivers of the expected rally.Traders are loading up on bullish options that pay off if Bitcoin reaches $100,000 in September, according to crypto market…
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Overwhelming majority of recent home sellers ‘regret waiting to sell’
A new survey shows that most recent home sellers wish they had sold their homes sooner. Photo courtesy Getty Images.
A new survey from Realtor.com and Censuswide reveals that an overwhelming majority of recent home sellers appear to have some regret about waiting to sell their homes. About 79% of those surveyed nationwide…
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Brightline West broke ground; passengers planned for 2028
Getting from Las Vegas to Southern California in a high-speed bullet train might sound like a thing of the future, but Brightline West is working on making it a reality.Construction is currently under way for Brightline West, a 218-mile railway system that will connect a Los Angeles suburb to Sin City, turning a 4-hour car ride into a 2-hour…
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Argentina’s Economy Slumps for Fourth Straight Month in February
(Bloomberg) -- Argentina’s economy slumped for a fourth straight month in February as President Javier Milei’s economic shock therapy plan took hold.Most Read from BloombergEconomic activity fell 3.2% in February from a year ago, less than expectations for a 6% drop, according to analysts surveyed by Bloomberg. On a monthly basis, activity…
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