Warren Buffett: 12 Things Poor People Waste Money On

Neglecting personal development.According to Buffett, the finest investment you can make is in yourself. Enhancing skills and knowledge can considerably increase earning potential. No one can take away your knowledge or ability. Relying on Credit CardsCredit cards might be useful, but if you don’t pay off the entire debt each month, the high interest rates … Read more

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Elite investor Jeremy Grantham warns against investing in US equities, expecting the AI bubble to bust, and bracing for a recession.

Stocks are ridiculously overpriced and likely to struggle, artificial intelligence is a bubble waiting to explode, and the economy will suffer a small recession or worse, according to Jeremy Grantham. In a recent ThinkAdvisor interview, GMO’s co-founder and long-term strategist advised investors to avoid US equities. “They’re almost ridiculously higher priced than the rest of … Read more

Stock market today: Stocks climb as S&P 500 reaches new high to start off earnings-packed week.

US markets moved up Monday, with the S&P 500 setting another record finish as investors braced for a hectic week that included Big Tech earnings releases, a Federal Reserve rate decision, and the critical US employment report. The Dow Jones Industrial Average (^DJI) increased by 0.6%, while the S&P 500 (^GSPC) increased by 0.8%, continuing … Read more

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Today’s stock market: US futures surge as Netflix’s earnings shine

US stock futures rose on Wednesday, with the S&P 500 poised for another all-time high as optimistic tech results led by Netflix fueled optimism that the record-breaking run would continue. S&P 500 (^GSPC) futures increased by 0.4%, following a fresh closing high on Tuesday, while Dow Jones Industrial Average (^DJI) futures gained 0.2%. The Nasdaq … Read more

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As IT companies lead earnings beats, stocks rise: markets close

In premarket trade, Netflix Inc. surged 10% as membership levels exceeded forecasts. The Nasdaq 100 futures saw a 0.7% increase. In the US, where Tesla Inc. and International Business Machines Corp. are scheduled to report later today, technology is a dominant investing story. The most valuable technological business in Europe, ASML Holding NV, had a … Read more

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According to Yellen, the US economy’s performance ‘vindicates’ heavy COVID-19 period expenditures

The solid performance of the American economy, according to U.S. Treasury Secretary Janet Yellen, is proof that President Joe Biden’s $1.9 trillion American Rescue Plan Act was the proper course of action in 2021 to prevent a drawn-out and excruciating recovery from the COVID-19 epidemic. Yellen stated that the greatest risk at the time “was … Read more

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For its economy to continue, Ukraine needs financial support from the US and Europe. Will assistance arrive?

Once again, Ukraine’s hard-won economic stability is in jeopardy due to a significant budget deficit and the inability of its two main supporters and friends, the US and the EU, to determine whether to continue providing help. Progress Ukraine has achieved against inflation might be jeopardised if offers of help are not received by the … Read more

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Stock market today: US futures decline as speculations on rate cuts are confronted with reality

US market futures declined on Wednesday, indicating that the challenging January may not end as investors’ hopes for interest rate reductions were dashed and concerns over China’s economy intensified. Futures for the Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) both dropped 0.4%, extending Tuesday’s negative start to the week that was curtailed by … Read more

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