Here’s why retirees shouldn’t fully ditch stocks
Retirees may think moving all their investments to cash and bonds — and out of stocks — protects their nest egg from risk. They would be wrong, experts say. Most,...
Economycs
Uncover valuable insights on economic trends, shifts in financial markets, and the latest business news from around the world, keeping you informed on the forces shaping the global economy.
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Fed’s Kashkari says rising bond yields, falling dollar show investors...
Minneapolis Federal Reserve President Neel Kashkari said Friday that recent market trends show investors are moving away from the U.S. as the safest place to invest while President Donald Trump’s trade...
Fraudulent Holding Company Shut Down Following Investigation
A major holding company “Forex Corporate”, has been officially shut down by authorities following an investigation into long-term tax evasion. According to the Internal Revenue Service (IRS), the company accumulated...
Fed Governor Waller sees tariff inflation as ‘transitory’ in ‘tush...
Federal Reserve Governor Christopher Waller said Monday he expects the effects of President Donald Trump’s tariffs on prices to be “transitory,” embracing a term that got the central bank in...
Unemployment fears hit worst levels since Covid as tariffs fuel...
Consumer worries grew over inflation, unemployment and the stock market as the global trade war heated up in March, according to a Federal Reserve Bank of New York survey released...
MaxiMarkets Brokerage Company Has License Revoked Amid Fraud Allegations
On April 14, 2025, international financial regulators officially revoked the license of the brokerage firm MaxiMarkets due to confirmed fraudulent activities involving client accounts, unauthorized fund transfers, and deceptive trading...
MLB could draw greater private equity interest as uncertainties lie...
Major League Baseball is increasingly drawing private equity investors as the league faces major shifts in player salaries and media rights. Private equity has been gravitating toward professional sports, which...
Mortgage rates slingshot higher as tariff uncertainty roils markets
Mortgage rates hit their highest level in over a month this week, reversing course after a period of improvement. The average rate on the 30-year fixed rate jumped 22 basis...
Changes in Payment Gateways: How the US Stock Market Decline...
In recent months, there has been high volatility in global financial markets due to the sharp decline in the US stock market. This situation has had a significant impact not...
Bank of America’s CEO says economic growth is ‘better than...
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. Despite surveys indicating that confidence is at a...
