In an age where financial literacy is more important than ever, parents may find themselves grappling with how to best prepare their children for a financially stable future. One effective method suggested by experts is to add children as authorized users on credit cards. This strategy not only helps young individuals start building their credit
Finance
The recent minutes from the Federal Reserve’s November meeting shed light on the central bank’s perception of inflation and labor market trends. Fed officials appeared unswayed by persistent inflation above its 2% target, indicating a moderate sense of optimism about the current state of the economy. This comes amidst varied economic signals that compel the
Lombard Odier, one of the oldest financial institutions in Switzerland, is facing serious legal troubles as it has been indicted by Swiss prosecutors for aggravated money laundering. This indictment, executed by the Office of the Attorney General (OAG) of Switzerland, is noteworthy not only for its implications for the bank but also for what it
In a transformative week for small-cap stocks, the market has demonstrated a resurgence that hasn’t been observed in three years. As financial analysts and market enthusiasts examine this renewed interest, the dynamics surrounding small-cap investments appear more favorable than ever. Todd Rosenbluth, head of research at VettaFi, recently shared his insights on CNBC, suggesting that
The holiday season ushers in a spirit of goodwill, reflection, and togetherness. While the joy of giving and receiving gifts can add to the merriment, it also frequently leads to financial strain if not approached thoughtfully. According to recent surveys, a significant portion of Americans is preparing to spend more this holiday season compared to
The tech landscape is continuously evolving, with companies navigating the complexities of funding and growth strategies. One company that has been particularly noteworthy in recent times is Databricks, a San Francisco-based organization that specializes in data management and artificial intelligence (AI). Recently, it has gained attention for its ambitious plans to raise significant capital while
As geopolitical dynamics evolve, so too does the global arena for strategic minerals, particularly tungsten. China has announced significant restrictions on tungsten exports effective from December 1, a move that carries ramifications for multiple sectors, including the defense and technology industries, both of which are heavily reliant on this critical metal. Historically, China dominated the
In recent years, the investment landscape has experienced a significant transformation with the emergence of actively managed exchange-traded funds (ETFs). This shift marks a broader trend where investors, frustrated with the performance of traditional active mutual funds, have redirected their capital toward these more dynamic investment vehicles. Data from Morningstar reveals a staggering $2.2 trillion
With the selection of Kevin Hassett to lead the National Economic Council, President-elect Donald Trump is solidifying the framework of his economic vision for the United States. This appointment is pivotal as it positions Hassett at the heart of crucial policymaking discussions encompassing trade, taxation, and deregulation. As anticipation builds ahead of his inauguration, set
The announcement of President-elect Donald Trump’s plans to impose additional tariffs on Chinese goods marks a significant development in U.S. trade policy. This intended increase by 10% on all imports from China, alongside a proposed 25% tariff on products from Mexico and Canada, indicates a shift towards protectionism that is likely to reshape America’s economic