Stock market news, crypto, investing, and personal finance.
1,696 articles
President Trump has paused U.S. strikes on Iranian energy infrastructure for 5 days, citing "productive conversations." This announcement led to a 7.5% drop in oil prices. However, Iran denies any ongoing talks, calling the U.S. statement "psychological warfare," creating market uncertainty.
Financial experts are debunking dubious online money schemes, from turning gas money into $1,000 to the investment potential of luxury watches. They emphasize proven wealth-building strategies over risky trends like meme stocks and question the true value of debt-fueled purchases.
Iran's missile capabilities are reportedly far more advanced than U.S. intelligence previously assessed, raising alarms about its potential to strike targets across Europe and even the U.S. China's role in supplying Iran with weapons, particularly drones, adds another layer of complexity to the geopolitical landscape.
Gold prices have fallen sharply despite inflation, war, and recession fears, marking the fastest decline since 1983. This unusual trend is linked to potential Federal Reserve interest rate hikes and historical patterns of nations selling gold to fund conflicts. Investors are advised to maintain a long-term perspective and view market downturns as opportunities to acquire assets at lower prices.
President Trump has issued a 48-hour ultimatum to Iran, demanding the opening of the Strait of Hormuz or facing U.S. strikes on its power plants. This escalation coincides with a potential $200 billion defense spending increase debated in Congress to bolster military readiness amidst rising global tensions.
A 48-hour ultimatum from Donald Trump to Iran regarding the Strait of Hormuz has raised fears of a global crisis. Potential attacks on Iranian power stations could disrupt oil and gas supplies, leading to soaring prices and a global recession risk.
A 48-hour ultimatum from Donald Trump to Iran over shipping in the Strait of Hormuz has put the global economy on edge. Potential U.S. strikes on Iranian power infrastructure could trigger retaliatory attacks on regional energy and water supplies, risking stagflation and a global recession.
New York Governor Kathy Hochul is urging wealthy residents to return to the state, reversing earlier calls for them to leave. This plea comes amid rising taxes and a significant budget deficit, prompting criticism about the state's financial policies. Meanwhile, concerns grow over foreign influence in U.S. universities and rising anti-Semitic incidents.
Geopolitical tensions are driving oil prices higher, while a trend of deglobalization is putting upward pressure on consumer prices. Richard Bernstein advises investors to shorten their time horizons and consider assets like dividends and commodities to navigate potential inflation.
The war in Ukraine is accelerating drone technology, with systems like Swarmer aiming to automate drone control for cheaper defense. High missile costs against low-cost drones are driving innovation, as nations grapple with the growing threat of drone proliferation.
