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Published on: January 26, 2025, 12:00 PM UTC
More Americans are struggling financially, with a record number making only minimum credit card payments. Despite strong overall economic data, these figures indicate growing consumer stress. Lower-income households are facing increased credit reliance and declining savings rates, signaling a vulnerable financial situation for many Americans. Experts recommend making more than the minimum payment on credit card balances, considering balance transfer cards, or seeking help from credit counseling agencies to mitigate debt and improve financial health.
Published on: January 26, 2025, 11:00 AM UTC
China plans to bolster its stock market by encouraging index investment and attracting foreign funds through ETFs. The government aims to increase the scale and proportion of index investment in the capital market.
Published on: January 26, 2025, 11:00 AM UTC
Coinbase CEO calls for rethink in listing new tokens, suggests block list
Published on: January 26, 2025, 03:00 AM UTC
Billionaire investor Ray Dalio shares his insights on investing, including diversification, patience, and being humble.
Published on: January 26, 2025, 02:00 AM UTC
Learn how to spot rare coins that could be worth thousands of dollars. Discover key characteristics of valuable coins and see examples of rare U.S. coins with high sale prices.
Published on: January 26, 2025, 02:00 AM UTC
NPR reported that the Trump administration is working on a plan to save TikTok by Oracle and American investors who will control the app's global operations but ByteDance will retain a minority stake.
Published on: January 25, 2025, 11:00 PM UTC
The US dollar fell from near two-year highs Friday after President Trump said he would prefer not to impose tariffs on China. The dollar index, which measures the dollar's value relative to six other currencies, fell over 0.5% on Friday. Analysts believe the unknown of Trump's tariff policy will remain a key driver of the dollar's value in the months ahead.
Published on: January 25, 2025, 10:00 PM UTC
Despite Trump's pro-business agenda boosting stocks, investors may be overlooking risks like inflation, rising interest rates, and trade war threats that could lead to a 10% stock price drawdown in the coming months.
Published on: January 25, 2025, 10:00 PM UTC
Italy's Banca Monte dei Paschi di Siena (MPS) boldly offers €14.1 billion to acquire rival Mediobanca, surprising the financial sector and sparking speculation about its motives and potential impact on the Italian banking landscape.
Published on: January 25, 2025, 06:00 PM UTC