Fintech company Wealthfront launched an automated portfolio which aims to offer higher rates than simply investing in traditional bonds.
financial
The World’s Biggest Meatpacker is Prepping a U.S. IPO
JBS Foods, the world’s biggest meatpacking company based in Brazil, is pursuing an IPO in the United States, planning to list its shares on the NYSE by the end of 2023.
Inflation Fell to 3% in June as Consumers Got Widespread Relief From Price Increases
Prices for everyday products and services were 3% higher in June than they were in the same month in 2022 as measured by the Consumer Price Index (CPI), a drop from May’s annual inflation rate of 4.1% and the lowest since March 2021.
Basis Point (BPS) Definition & How It’s Used
A basis point is a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument.
Declining Q2 Earnings Expectations May Still Not Point to a Recession
Corporate earnings reports for the recently completed second quarter may remain short on clues about a much-anticipated U.S. recession that has yet to materialize.
Markets Power Higher at Midday as Consumer Inflation Eases
U.S. equities took off at midday on Wednesday, July 12, 2023, after a report showing consumer inflation rose less than expected in June.
U.S. Bank Savings Account Interest Rates: July 2023
Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.
Cathie Wood’s ARK Takes Profit as Coinbase Trades at Highest Level This Year
Cathie Wood’s ARK has sold 12 million worth of shares of crypto exchange Coinbase after aggressively buying over the last year.
Should You Invest Your Entire Portfolio In Stocks?
Learn if investing your entire portfolio in stocks is a sound decision. Get information about important considerations.
Average American Owes $21,800 Non-Mortgage Debt, A Five-Year Low
Americans have less non-mortgage debt than any time since 2019, a poll shows, but not everyone is benefitting.