Stock market, central bank and economic news: indices, rates, inflation, currencies and the data driving global markets.
Financial markets continued their upward momentum Monday morning, building on last week’s post-election rally after Donald Trump’s decisive victory and anticipated Republican control of Congress. The S&P 500 achieved a significant milestone, surpassing 6,000 points for the first time in its history and marking
Financial expert Dave Ramsey has shared critical insights about retirement planning, emphasizing that Americans should look beyond just Social Security and Medicare for their golden years. The personal finance radio personality stresses that relying solely on Social Security benefits during retirement could be a significant mistake. According to Ramsey, successful
In recognition of Veterans Day, Carnival Cruise Line has unveiled a special commemorative cocktail available at its Heroes Tribute Bars across its fleet. The cruise operator, known for its ongoing support of military service members, announced the Heroes Tribute Martini on November 10, offering passengers a chance to toast veterans
Financial markets rallied to record highs on Wednesday following former President Donald Trump’s strong electoral performance, with investors now turning their attention to the Federal Reserve’s upcoming rate decision. The major stock indices achieved unprecedented levels, with the Dow Jones Industrial Average surging by 1,500 points, bringing
Following former President Donald Trump’s electoral victory over Vice President Kamala Harris in the 2024 presidential election, BMW’s chief executive has expressed optimism about potential trade policies that could affect the automotive industry. In the early hours of November 6, Trump declared victory alongside his running mate J.
The cost of purchasing a new vehicle has reached concerning levels, with even affluent consumers being forced to explore more affordable alternatives. According to recent data from Cox Automotive, new vehicle prices have experienced a dramatic 21% increase since pre-pandemic times, with the average price now standing at $48,
As Americans prepare to cast their votes in the upcoming presidential election between former President Donald Trump and Vice President Kamala Harris, the automotive industry watches closely as the future of electric vehicles hangs in the balance. While EV adoption continues to grow globally amid stringent emissions regulations, the political
Global markets displayed cautious movement Tuesday as investors braced for the United States presidential election, with U.S. equity futures showing modest gains while volatility indicators suggested ongoing uncertainty. The highly contested race between Vice President Kamala Harris and former President Donald Trump has reached its culmination as Americans head
Over the next two decades, approximately $84 trillion in assets will transition from the Silent Generation and Baby Boomers to younger generations, marking one of the largest wealth transfers in history. Nearly half of Americans are expected to receive some form of inheritance within the coming decade, creating significant implications
As interest rates begin to decline following the Federal Reserve’s mid-September rate cut, savers are exploring strategies to maintain strong returns on their deposits. With more rate reductions potentially on the horizon, certificates of deposit (CDs) have emerged as a compelling option for those looking to secure higher
With cold and flu season approaching, having reliable tools to monitor symptoms at home becomes increasingly important. One such essential tool is a thermometer, and Amazon is currently offering a significant discount on a highly-rated digital option that’s caught the attention of thousands of shoppers. The GoodBaby No-
U.S. stock futures indicated a downward trend early Tuesday as the bond market continued its recent volatility, with investors recalibrating their expectations for Federal Reserve interest rate cuts while preparing for a busy corporate earnings season. Treasury yields extended their climb, with the benchmark 10-year note reaching a
