Author: Investor Empires
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3 cheap areas of the stock market to buy as the Fed unveils a ‘rare double whammy’ of stimulus, BofA says
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Ismagilov/Getty, Yellow Duck/Getty, Tyler Low/PI Bank of America said investors should snap up value stocks in three specific sectors. The company says it is poised to outperform as the Federal Reserve cuts interest rates while corporate profits continue to accelerate. Savita Subramanian, head of US equity strategy, refers to the…
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More on BNZ forecasting a 50bp interest rate cut next week from the RBNZ
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BNZ sums up its reasons: QSBO is just awful Consumer Price Index heads below 2.0% Soft labor market to subjugate non-tradable goods Price settings should move quickly towards neutrality A 50 basis point cut is warranted at the October meeting “In our view, we believe that the reflationary information we…
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Crypto Inflows Hit New Heights As Ethereum Funds Break Losing Streak—Bull Run Here?
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Global cryptocurrency investment products rose, recording net inflows of $1.2 billion over the past week. This represents the third consecutive week of positive flows and a notable shift in market sentiment, as highlighted in the latest report a report From CoinShares, a leading digital asset investment company. Coinshares revealed that…
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Lawsuit accuses YouTube of harming youth mental health
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The state of Arkansas filed a lawsuit against YouTube and its parent company Alphabet on Monday, saying the video-sharing platform has become intentionally addictive and fueling a mental health crisis among youth in the state. Attorney General Tim Griffin’s office filed the lawsuit in state court, accusing them of violating…
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Amazon wins partial dismissal of US antitrust lawsuit By Reuters
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Written by Judy Godoy (Reuters) – Amazon.com Inc has won the partial dismissal of a lawsuit filed by the U.S. Federal Trade Commission accusing it of maintaining illegal monopolies, although details of the ruling issued by a federal court in Seattle on Monday were not immediately clear. The Federal Trade…
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Amazon wins partial dismissal of US antitrust lawsuit By Reuters
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Written by Judy Godoy (Reuters) – Amazon.com Inc has won the partial dismissal of a lawsuit filed by the U.S. Federal Trade Commission accusing it of maintaining illegal monopolies, although details of the ruling issued by a federal court in Seattle on Monday were not immediately clear. The Federal Trade…
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NIKOLAUS: Business Insider Says Trump And Harris Both Courting The Bitcoin Vote, But Reality Says Otherwise
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Follow Nicholas on X Business insider published A new report today on where Bitcoin currently stands regarding the upcoming US presidential election, with exactly what to expect from the left-leaning mainstream media. The article states that “Trump and Harris have different reasons for trying to appeal to the cryptocurrency community,”…
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NIKOLAUS: Business Insider Says Trump And Harris Both Courting The Bitcoin Vote, But Reality Says Otherwise
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Follow Nicholas on X Business insider published A new report today on where Bitcoin currently stands regarding the upcoming US presidential election, with exactly what to expect from the left-leaning mainstream media. The article states that “Trump and Harris have different reasons for trying to appeal to the cryptocurrency community,”…
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Omtatah seeks to block new national health cover plan
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Busia Senator Okiya Umtatah and two others have moved to court seeking to block the implementation of the Social Health Insurance Fund (SHIF) before its launch today. Mr Umtatah argues with Mr Eliud Karanja Matindi and Dr Magari Jikini that the subsidiary legislation required to operationalize the Social Health Insurance…
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Japan Jibun Bank September Manufacturing PMI (final): 49.7 (prior was 49.8)
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Japan Manufacturing PMI for September 2024, final from S&P Global/Jibun Bank. Another shrinkage result. Primary here: Key points in the report: Production levels fall for the second time in three months The slowest rise in employment levels in the current seven-month sequence Excise duty inflation reaches its lowest levels since…
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Shiba Inu Price Could Jump 200% To $0.00006 In October, Here’s Why
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The Shiba Inu has been on an uptrend lately, after suffering losses for the better parts of the second and third quarters of the year. This rebound at the start of the new month plays a role in the high expectations for the meme coin, especially in Q4, when the…
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Shiba Inu Price Could Jump 200% To $0.00006 In October, Here’s Why
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The Shiba Inu has been on an uptrend lately, after suffering losses for the better parts of the second and third quarters of the year. This rebound at the start of the new month plays a role in the high expectations for the meme coin, especially in Q4, when the…
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Wealthy investors flock to start-ups for tax breaks amid looming capital gains tax raid
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Wealthy investors are increasingly turning to startups to ease their tax burdens, especially with a potential capital gains tax hike looming in the next Budget. Investment in SEISs rose 250% between July 4 and September 16 this year, according to Wealth Club, as savers hope to reduce their CGT liabilities…
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Toncoin nears a dreaded pattern despite strong on-chain metrics
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The Toncoin token remained in a bear market and was at risk of forming a fearsome death cross pattern, despite strong on-chain metrics. Toncoin (TON) was trading at $5.81 on Monday, September 30, down more than 30% from its year-to-date high. Robust on-chain metrics Additional data showed that the number…
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Toncoin nears a dreaded pattern despite strong on-chain metrics
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The Toncoin token remained in a bear market and was at risk of forming a fearsome death cross pattern, despite strong on-chain metrics. Toncoin (TON) was trading at $5.81 on Monday, September 30, down more than 30% from its year-to-date high. Robust on-chain metrics Additional data showed that the number…
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Titan Reports Voting Results from 2023 Annual General and Special Meeting
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on September 30, 2024 • 5 minute…
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Chief economists in the US say a 2025 recession is only a 30% chance
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The American Bankers Association’s Economic Advisory Committee brings together 15 senior economists from some of the largest banks in North America. The committee chairman indicates that the Fed is close to achieving its dual mission, but warns that the weakness of the labor market needs to be monitored The Fed…
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Forget Meme Coins Or Stablecoins, DeFi Leads In Fees Generation On Ethereum
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Ethereum remains by far the largest smart contract platform by market cap. The network, which ranks second on the market cap leaderboard, hosts decentralized applications across multiple verticals. While Metaverse, gaming, and NFT activity has since dissipated, DeFi is standing and looking forward to a steady recovery in total value…