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Equity Funds Attract Inflows a 5th Straight Week
U.S. investors snapped up equity funds for a fifth successive week through Nov. 4, motivated by a rally in Wall Street's main indexes, optimism for strong economic growth, and expectations of a third consecutive Federal Reserve rate cut this month.
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Biden Faces Final Push for Student Debt Forgiveness
With just weeks left in office, President Joe Biden is under mounting pressure from Democratic lawmakers and advocates to act on student loan forgiveness, particularly for defrauded borrowers and older Americans, CNBC reported.
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2025 Hyundai Tucson XRT Offers Style, Comfort & Utility
The 2025 Hyundai Tucson XRT takes the already popular Tucson and gives it a rugged, adventurous twist.
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Let P/Es Be Your Guide to Record-High Stocks
As of this writing, December 2, 2024, the S&P 500 has touched a new record high of 6,047. While the stock market often breaks its record high on the way up, back-to-back strong years have investors asking themselves, "Is the stock market too expensive?"
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YTD Returns Show Lots of Still Low-Priced Stocks
Back in July we wrote about how the market had done half way through the year. The question is five months later has much changed? Year to date 58% of stocks were lower through the end of June. Now 45.05% are lower through the end of November so there has been improvement....
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Global Stocks Party at Records as Bitcoin Tops $100K
Bitcoin broke $100,000 Thursday as investors bet on a friendly U.S. regulatory shift, while world stocks touched fresh record highs with sentiment bolstered by upbeat comments on the economy from Federal Reserve chief Jerome Powell.
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Trump Says 'You're Welcome' After Bitcoin Tops $100,000
US President-elect Donald Trump on Thursday took credit for bitcoin's historic surge past $100,000, telling his social media followers "you're welcome" after the cryptocurrency jumped more than 50% since his election victory.
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The 'Trump Trade' Powers on, One Month in
It's been exactly a month since the U.S. presidential election delivered victory for Republican Donald Trump and his proposed "America First" agenda.
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FBI: Hackers Targeting Android, iPhone Texts
Text messages sent from Android phones to iPhones are in danger of being hacked because their encryption methods don't apply to each others' systems, which won't allow users to heed FBI and CISA warnings for Americans to use fully encrypted messages when possible.
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Coffee Prices Near 50-Year High Due to Weather
Global coffee prices have soared to their highest in nearly 50 years due to poor weather in Brazil and Vietnam, forcing roasters such as Nestle to raise prices and consumers to hunt for cheaper brews amid the cost of living crisis.
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Sen. Blumenthal: Airlines See 'Walking Piggy Banks'
The head of a U.S. Senate panel harshly criticized rising airline fees for luggage and seat assignments, saying carriers are looking for new ways to extract more money from passengers.
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BlackRock Bets on AI Rally But Debt Clouds 2025 Outlook
BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth more broadly, although rising U.S. government debt levels could threaten its upbeat 2025 forecasts.
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15 Success Books to Transform Your Life
In the realms of ambition and success, beyond mere yearnings, lie books like these-substantial and impactful works that tether dreams to deliberate action and offer more than wisps of idle fancy.
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Is the 2024 Ford Bronco Sport Better Than Jeep?
The 2024 Ford Bronco Sport is one small crossover that can tackle terrain. The new Free Wheeling Special Edition celebrates the late '70s and early '80s with this throw back trim.
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Credit Spreads: Markets' Early Warning Indicators
Credit spreads are critical to understanding market sentiment and predicting potential stock market downturns. A credit spread refers to the difference in yield between two bonds of similar maturity but different credit quality.
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Trump Could Lift, or Quash, Stocks
President-Elect Donald Trump faces tough choices that will determine whether U.S. growth continues to benefit the coastal elites or spreads a new prosperity throughout the country-with huge gains for ordinary investors.
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Take Charge of Your Money With 'Cash Confident'
Brie Sodano's main purpose in writing "Cash Confident" (Morgan James Publishing, 2024), is to help you make a life-transforming, 180-degree about-turn on how you think about and handle money.
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Chatbots Enhance Cyber Monday Discounts
After lackluster spending at U.S. stores on a deals-heavy Black Friday, retailers are pulling out all the stops with steep promotions and discounts on their websites and apps to entice people to buy holiday gifts and other merchandise after the long Thanksgiving...
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Medicare Reform Can Wait No Longer
Few components of America's healthcare system are more in need of reform than Medicaid, and with Republicans set to control the House, Senate, and executive branch next year, there's finally a chance to address the program's considerable problems.
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Microsoft Denies Training AI Models on User Data
Microsoft Wednesday denied claims that it uses customer data from its Microsoft 365 applications, including Word and Excel, to train artificial intelligence models.
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Big Pharma Pushes Trump to Ease Medicare Drug Price Rules
The U.S. pharmaceutical industry is pushing to revamp the new law that allows Medicare to negotiate prices for its costliest prescription drugs once president-elect Donald Trump is back in office, according to lobbyists, executives, analysts and healthcare policy...
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Key Inflation Gauge Accelerates to 2.3%
Consumer price increases accelerated last month, the latest sign that inflation's steady decline over the past two years has stalled.
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Pending Home Sales Rise for 3rd Straight Month
Contracts to buy U.S. previously owned homes rose unexpectedly in October, notching a third straight month of increases, despite high mortgage rates and as inventory of properties for sale continued to build and a healthy job market fortifies the finances of prospective...
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Deutsche Bank Sees S&P 500 at 7,000
Deutsche Bank sees the bull market continuing due to resilient risk appetite, with the S&P 500 hitting 7,000 in 2025, CNBC reports. This would translate to an additional 17% gain for the S&P 500 next year, which has returned 25.5% so far in 2024.
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Trump Tariffs Could Raise Grocery, Liquor Bills
U.S. prices may rise next year for avocados, strawberries and other fresh produce, and consumers could face shortages, if President-elect Donald Trump follows through on plans to slap tariffs on goods from Mexico and Canada, agricultural economists and industry executives...