Getty Images Key takeaways On Tuesday, Apple announced upgrades to its MacBook Pro lineup for 2023 The company also released information regarding its M2 chip series, which originally debuted last yea...
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World Bank Warns Of Global Recession Risk
Getty Images Key takeaways The World Bank issued a bleak global growth outlook this week, revising last June’s projections down from 3% to 1.7% A significantly downgraded U.S. outlook hit particularly...
Inflation Records Biggest Drop In Almost 3 Years
(Photo credit should read JOHN THYS/AFP via Getty Images) AFP via Getty Images Key Takeaways Inflation fell in December, with the overall Consumer Price Index (CPI) falling 0.1% for the month. It’s th...
Recession-Proof Products To Buff Your Portfolio
Getty Images Key takeaways As recession fears mount and interest rates rise, investors are increasingly worried about how a downturn could hit their portfolios One of the worst moves investors can mak...
Recession Fears 2023: What Lies Ahead?
Getty Images Key takeaways A 2023 recession may be on the way, with economists predicting a 70% chance of economic downturn this year However, economists haven’t agreed on when it will begin or how lo...
Applications of Artificial Intelligence Across Various Industries
Getty Images Key takeaways Potential applications of artificial intelligence continue to expand as more people adopt the technology AI usage is particularly prominent in finance, digital spaces (like ...
Experts Believe We’re Heading For A 1969 Recession
(Photo By Nasa/Getty Images) Getty Images Key Takeaways An analyst from JP Morgan has highlighted just how similar the stock market and bond market is behaving compared to the 1969 recession. Not only...
6 Best Books On Artificial Intelligence
| Getty Images Key Takeaways Artificial intelligence (AI) is quickly growing, and widely accepted as one of the hottest new fields of technology. AI-powered tools are poised to transform more and more...
Housing Recovery Forecast For 2024 As Homebuilder Sentiment Falls Again
(Photo by Justin Sullivan/Getty Images) Getty Images Key Takeaways Confidence from homebuilders has now fallen every month for a year, hitting levels not seen since 2012, according to the National Ass...
Year-End Changes To Lower Your Liability
Getty Images Key takeaways Tax season lies just around the corner, which means it’s time to seek those last-minute tax breaks While tax rates haven’t changed, each tax bracket (income range) has adjus...
Fed Hikes Rates By 0.50 Percentage Points As Inflation Falls
(Photo by Robert Alexander/Getty Images) Getty Images Key Takeaways Inflation was up just 0.1% in the month of November, bringing the headline annual rate to 7.1%, down from 7.7% last month. Today the...
The Future Of Clean, Limitless Energy
AFP via Getty Images Key takeaways On December 5, U.S. scientists at the National Ignition Facility in California generated more energy from a nuclear fusion reaction than they put in The experimental...
There’s A 77.9% Chance Of A Santa Rally In December
(Photo by Bennett Raglin/Getty Images for Brooks Brothers) Getty Key Takeaways A ‘Santa Rally’ is the term used to describe the gains for the markets in December, with many believing it’s generally a ...
Is Carvana Going To Declare Bankruptcy?
Getty Images Carvana via Getty Images Key Takeaways Carvana is looking to be on the brink of bankruptcy, with yields on their corporate notes above 30% according to the Wall Street Journal. The stock ...
Elon Musk’s Neuralink Brain Implant Could Begin Human Trials In 2023
(Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Key takeaways Elon Musk’s Neuralink has applied to the FDA for approval to begin...
What Is Hyperinflation? Everything You Need To Know
Getty Images Key takeaways Inflation grew another 0.4% month-over-month in October, bringing annual inflation to 7.7% As interest rate hikes and rising prices compete, people have begun asking if the ...
Career Cushioning – The Evolution Of The Great Resignation And Quiet Quitting
(Photo by Justin Sullivan/Getty Images) Getty Images Key Takeaways Following on from quiet quitting and the great resignation, the latest trend in the labor market is ‘career cushioning’ This new term...
Consumer Confidence Slips Into The Holiday Season
Getty Images Key takeaways Consumer confidence fell for the second consecutive month in November as high inflation dogs consumers entering the holiday season Though holiday spending is off to a strong...
BlockFi Bankruptcy Follows FTX Implosion
SOPA Images/LightRocket via Getty Images Key takeaways On Monday, crypto lender BlockFi filed for Chapter 11 bankruptcy protections in the aftermath of FTX’s implosion Ironically, BlockFi lists FTX as...
Housing Price Index Slows And Consumer Confidence Falls As Potential Recession Inches Closer
(Photo by Barbara Alper/Getty Images) Getty Images Key Takeaways Confidence has fallen in November after rising for the previous three months The S&P CoreLogic Case Shiller fell a further 0.8% in ...
How Does The U.S. Stack Up?
(Photo by Kevin Dietsch/Getty Images) Getty Images Key Takeaways The US inflation rate is currently at 7.7%, which remains high by historical standards. However, on a global scale it looks practically...
Mortgage Demand Down Up To 88% From This Time Last Year
Nov. 17. (AP Photo/Nam Y. Huh) Copyright 2022 The Associated Press. All rights reserved. Key Takeaways Mortgage refinance applications are down 88% since this time last year, with new mortgage applica...
When Will The Bear Market End?
(Photo by DEA / G. CARFAGNA/De Agostini via Getty Images) De Agostini via Getty Images Key Takeaways The current bear market has now been running for just over ten months. This is longer than the aver...
What’s The Outlook For The Housing Market?
(Photo by David McNew/Getty Images) Getty Images Key Takeaways Housing sales have fallen for the ninth consecutive month, with transactions down 28.4% compared to this time last year. Average prices h...
Recession-Proof Industries To Pump Up Your Portfolio
Getty Images Key takeaways As inflation continues – and the Federal Reserve hikes interest rates to fight it – a recession appears increasingly likely To compensate, many investors are looking to inve...
Starbucks Union Efforts Get Frothy With Strike
Getty Images Key takeaways Workers at over 100 Starbucks locations went on strike Thursday in the next stage of the Starbucks union effort The walkouts coincided with Starbucks’ Red Cup Day, one of th...
Are The Tech Layoffs The Start Of A White Collar Recession?
(Photo by Justin Sullivan/Getty Images) Getty Images Key Takeaways There have been a huge number of layoffs across the tech sector so far this year, with some analysts suggesting it could be the begin...
Housing Market Predictions For The Next 5 Years. What Return Can You Expect?
(Photo by Tim Boyle/Getty Images) Getty Images Key Takeaways The housing market is a hot topic right now, and after experiencing rapid growth over the pandemic years it looks to now be slowing down. E...