Economy

Top High-Yield Savings Accounts to Take Advantage of Lofty Interest Rates in 2023

Thanks to the U.S. Federal Reserve and the Bank of Canada’s year-and-a-half-long crusade against inflation, interest rates in the United…

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The Evergrande Crisis Deepens: What’s Next?

Recent reports from Bloomberg News have revealed that Hui Ka Yan, the chairman of China Evergrande Group (OTC: EGRNF), has…

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The Golden Slip: What Higher Interest Rates Mean for Gold

Gold (XAUUSD), traditionally seen as a safe-haven asset, has recently experienced a dip. This decline is attributed to the strengthening…

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Federal Reserve Announces Decision on Interest Rates

The Federal Reserve’s recent policy decision has left most investors with bated breath. The central bank has decided to hold…

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Navigating the Economic Crossroads: Fed’s Upcoming Decisions

The U.S. Federal Reserve has been grappling with inflation without triggering a recession. Now, we know that inflation is no…

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Capitalist Countdown: Wealthy VC’s Top 5 Investing News Stories of the Week

The Capitalist Countdown is a weekly series that features the biggest stories from the stock market’s hottest stocks as well as news…

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The Ripple Effect of the August CPI Report

The US Consumer Price Index (CPI) report for August 2023 has been a hot topic among investors and policymakers alike.…

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VIDEO: Market Reacts as Fed Chair Powell Speaks Live at Jackson Hole

The Federal Reserve’s economic symposium at Jackson Hole, Wyoming, is here, and options strategists suggest that investors might be underestimating…

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Mortgages in the USA Hit Highest Levels Since 2000 

The U.S. mortgage landscape is undergoing a seismic shift. Recent data reveal that the average 30-year fixed mortgage rate has…

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Nvidia’s Earnings and Powell’s Speech Set the Stage for Market Moves

Despite the economic turbulence emanating from China, the S&P 500 (SPX) has shown remarkable resilience. The index opened higher, signalling…

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