Tag: Federal Reserve
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Billionaires Are Selling Nvidia Stock and Buying an Index Fund That Could Soar 43%, According to a Wall Street Analyst
Artificial intelligence has been the dominant investing theme for the last two years, and Nvidia has stolen the spotlight. The company reported triple-digit sales...
U.S. debt is so massive, interest costs alone are now $3 billion a day
With U.S. debt now at $35.3 trillion, the cost of paying the interest on all that borrowing has soared recently and now averages out...
2 No-Brainer ETFs to Buy Before the Fed Cuts Interest Rates
We've been waiting over a year for the Federal Reserve to make its next move in interest rates. It looks like the time has...
Stock market today: Stocks notch worst weekly decline since March 2023 after August jobs report
US stocks fell sharply on Friday after a weak August jobs report raised recession fears.The S&P 500 had its worst week since March 2023,...
Why Meta Platforms, Amazon, Alphabet, and Other “Magnificent Seven” Stocks Slumped on Friday
The biggest driver of the market rally since early last year has been the proliferation of artificial intelligence (AI). Many of the world's largest...