November 10, 20240 Comments

The Federal Reserve made a rate cut decision today. Here’s the impact on your money.

The Federal Reserve on Thursday made its second rate cut of this year, with the decision coming less than two months after the central bank’s surprise jumbo cut in September.  The Fed shaved borrowing costs by 0.25 percentage points, or half the size of its September reduction, according to its Thursday statement. That brings down the federal funds rate — the interest rate banks charge each other for borrowing money —

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November 10, 20240 Comments

5/1 ARM Lenders

Adjustable rate mortgages can save you money on interest. Learn the pros and cons and choose the best ARM lender for your financial situation. Source link

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November 10, 20240 Comments

Trump 2.0 and the impact on European gas market By Investing.com

Investing.com — As Europe heads into winter 2024-25, analysts at Bernstein note that the market is showing signs of tightening, driven by multiple supply and demand pressures and further compounded by the potential impact of a second Trump presidency.  According to the firm’s analysts, the European gas benchmark, TTF, has climbed nearly 30% year-to-date, pushing January 2025 prices to around $12.4/mmBtu, close to Bernstein’s long-term forecast of $11.60/mmBtu.  This increase is

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November 10, 20240 Comments

Israel stocks higher at close of trade; TA 35 up 2.60% By Investing.com

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher. At the close in Tel Aviv, the gained 2.60% to hit a new all time high. The best performers of the session on the were NICE Ltd (TASE:), which rose 8.81% or 5,790.00 points to trade at 71,500.00 at the close. Meanwhile, Tower Semiconductor Ltd (TASE:) added 6.86% or

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November 10, 20240 Comments

Billionaire Warren Buffett Fumbles $40,000,000,000 After Dumping Apple, Bank of America, Wells Fargo, JPMorgan Chase and Goldman Sachs Early: Report

Billionaire Warren Buffett has now missed about $40 billion in gains after selling huge quantities of Berkshire Hathaway’s assets early, according to a new report. The famed investor reduced Berkshire’s positions by a net $127 billion in 2024, reports Barron’s, making headlines for dumping approximately $100 billion of Apple shares and $10 billion of Bank of America exposure. Buffett’s Apple sales alone have left about $20 billion on the table.

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November 10, 20240 Comments

Founder of Crypto Mixer Bitcoin Fog Sentenced to Over 12 Years in Prison on Money Laundering Charges

The founder of the longest-running crypto mixer on the darknet has just been ordered to serve 12 years and six months in prison. In a statement, the U.S. Department of Justice (DOJ) says Roman Sterlingov was sentenced for operating the cryptocurrency mixer Bitcoin Fog, which laundered hundreds of millions of dollars in digital assets for a decade.  Prosecutors say that the 36-year-old operated Bitcoin Fog from 2011 to 2021 when

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November 10, 20240 Comments

Analyst Predicts 300% Surge For Shiba Inu Price Amid Hidden Bullish Divergence

During the Sunday trading session, the crypto market witnessed a massive inflow as Bitcoin prices hit a new high of $80,137. The buying pressure extended the recovery trend to mostly major altcoins, including SHIB. A crypto analyst highlights this rally coincides with a confirmed hidden bullish divergence in Shiba Inu price, signaling the potential for a 309% surge. By press time, the SHIB price had traded at $0.0000276, with an

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November 10, 20240 Comments

SHIB Rally & ETFSwap 22,000% Potential

Investors are keenly eyeing the next big opportunity as the cryptocurrency landscape evolves. The Shiba Inu price has captured attention with its vibrant community and meme-driven appeal, positioning itself for a potential rally in the upcoming market surge. However, as excitement builds, ETFSwap (ETFS) is emerging as a formidable contender. With its innovative features and an enticing presale, ETFSwap (ETFS) presents the possibility of extraordinary gains, potentially reaching an astounding

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