Finance

Few things spark the imagination of wealth better than a gold mine. After all, although money doesn’t grow on trees, we can actually dig it up. Our wealth-related metaphors often revolve around gold, with phrases like “things as good as gold” and “an asset that looks like a gold mine.” Indeed, gold is the ultimate … Read more

The broadening of the stock market rally is fueling optimism that a soft landing for the economy is increasingly possible despite the Federal Reserve’s aggressive interest rate hikes. This leads some on Wall Street to believe that stocks will rise again this year. However, one trader says he is “not buying it”. “The widening is … Read more

For real estate investors, costs are rising Real estate has become an increasingly popular choice among investors of almost every category. Whether you’re a large investor buying whole properties or a retail investor buying into REITs or ETFs, this asset class can be a smart choice for your portfolio. But, according to a recent publication … Read more

The busiest week of summer on Wall Street has arrived. More than 150 S&P 500 companies are expected to release their quarterly results in the coming week, led by Microsoft (MSFT), Alphabet (GOOGL) and Meta (META). Amid this profit rush, the Federal Reserve will announce its latest policy decision on Wednesday afternoon and is expected … Read more

AT&T and Verizon investors have more than lead cables to worry about

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Big Pharma bets big on China

(Bloomberg) – Twitter Inc. owner Elon Musk said the social media company will soon change its logo, getting rid of the blue bird that has long been its signature. Bloomberg’s Most Read “If a good enough X logo is released tonight, we’ll bring it to life worldwide tomorrow,” Musk tweeted late Saturday. About six months … Read more

The Charles Schwab Corp. (SCHW) is a financial services provider that offers wealth and asset management, securities brokerage, banking, custodial and advisory services. Founded in 1971 by Charles R. Schwab, the firm had over $8 trillion in assets under management (AUM) as of mid-2023. Its family of funds includes more than 50 mutual funds with … Read more

(Bloomberg) – By some metrics, the euro is at its most expensive on record, potentially bracing for a tumble if it begins to undermine the eurozone economy and forces the European Central Bank to turn dovish. Bloomberg’s Most Read The so-called nominal effective exchange rate of the common currency, which compares it to the currencies … Read more