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finance

Home Buying Blues: Why January's Sales Dropped

February 27, 2025

The housing market faced a tough start in January. Sales of previously owned homes dropped by 4. 9% from December. This means fewer people were buying homes than the month before. The main reasons? High mortgage rates and rising prices. Even though there were more homes available, many people couldn

business

Earnings and Economic Indicators to Watch This Week

February 23, 2025

This week is packed with important earnings reports and economic indicators that could shake things up for investors. Let's dive in and see what's happening. First up, we have a busy Wednesday. Nvidia (NVDA), the big player in AI, and Salesforce (CRM), the cloud-based software leader, will release

finance

Chilly January Hits Retail Sales Hard

February 15, 2025

In January, U. S. retail sales took a nosedive. This wasn't just because of the cold weather, which kept many people indoors. The drop was also influenced by other factors. The Commerce Department reported a 0. 9% decrease in retail sales from December. This was a bigger drop than experts had predic

finance

Feelin' the Meme Coin Fever? It Might Be Time to Think Again.

February 12, 2025

Crypto markets are buzzing with meme coin excitement right now. People are getting carried away as meme coins are taking over in 2025. This excitement comes after bitcoin had a wild ride, quadrupling in price over the last two years. The fun began when bitcoin exchange-traded funds (ETFs) hit the

health

Building Trust in Digital Health: The Missing Economic Piece

January 16, 2025

User trust is key to making digital health systems work. Recently, many guidelines have popped up to help build trust, especially in areas like artificial intelligence. These guidelines aim to help private companies and governments create trustworthy digital health systems. However, they often lack

business

Stocks May Dip More After Friday's Drop

January 14, 2025

Last Friday's stock dip might not be over yet. Big shares like the Dow Jones lost almost 700 points, or about 1. 6%, after news about jobs made investors nervous that the Federal Reserve won't cut rates as much as they thought. The S&P 500 and Nasdaq also fell more than 1. 5%. This means all three m

finance

Markets Hyped for U. S. Election and China's Parliament

November 5, 2024

This week's Asia-Pacific markets are buzzing with excitement as two major events are about to unfold: the U. S. presidential election and the annual meeting of China's parliament in Beijing. Investors are keeping a close eye on both developments, which could significantly impact the region's economy

business

Prices Rise Faster Than Expected, Jobless Claims Surge After Storm

October 10, 2024

Surprisingly, prices have been going up quicker than anyone thought in September. This unexpected rise in prices was mainly due to higher food and shelter costs, according to the Labor Department. The Consumer Price Index, which measures the cost of stuff we buy and services we use, went up by 0.2%

business

The Rate Cut Effect: How the Fed's Shift is Impacting Investors

September 19, 2024

The landscape of interest rates has undergone a significant transformation, with the Federal Reserve's decision to cut rates by 50 basis points sending ripples throughout the financial markets. This shift marks a distinct departure from the Fed's previous stance, which saw rates steadily rise since