Month: January 2024

“Crypto or digital assets” are now very much a part of the mainstream discussion, as interest in crypto has grown even for individual (retail) investors. The question is, are investors prepared, and further, can they rely on what they hear from their financial advisers? First, let’s review what regulators found in examinations of brokerage firms
0 Comments
Photoattractive | E+ | Getty Images Building wealth may feel like a struggle for today’s younger generations who grapple with student loan balances and high home prices. Now, a new bill introduced in Congress aims to make it so wealth creation starts from birth. The proposal — called the 401Kids Savings Act — is led
0 Comments
Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023.  Tolga Akmen | Bloomberg | Getty Images The bombshell, 200-page Delaware court ruling Tuesday ordering Tesla to undo its massive $56 billion compensation
0 Comments
Getty Images Inflation is cooling. Consumer spending continues to be at record highs, while consumer confidence has been trending up. And, after almost two years of rate hikes by the U.S. Federal Reserve, investors are expecting at least a few cuts to interest rates this year. Their anticipation is understandable: The federal funds rate hasn’t
0 Comments
The Norges Bank, Norway’s central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023. Bloomberg | Bloomberg | Getty Images Norway’s giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks. The so-called Government Pension Fund Global, one
0 Comments