In today’s financial landscape, establishing a solid credit history is crucial for young adults as they navigate significant life events, from securing a first apartment to applying for student loans. One effective strategy for parents aiming to provide their children with a head start in the credit game is to add them as authorized users
Finance
The recent minutes from the Federal Reserve’s November meeting revealed the committee’s optimistic outlook on inflation and the labor market’s strength. With inflation easing, albeit still above the target rate of 2%, Fed officials are re-evaluating their monetary policy stance, signaling potential interest rate cuts in the future. However, these cuts are anticipated to occur
Small-cap stocks recently marked a significant milestone, achieving their first historic peak in over three years. This development highlights a notable turning point in the financial landscape, reigniting interest in smaller companies that often languish in the shadow of their larger counterparts. As we move towards 2025, financial analysts believe that this resurgence in small-cap
Founded in 1796, Lombard Odier is one of Switzerland’s venerable private banking institutions, built on a foundation of wealth management and financial services. Its long-standing reputation has been one of integrity and excellence. However, recent allegations threaten to overshadow this history. In a significant turn of events, the Swiss Attorney General’s Office (OAG) has indicted
The holiday season, often associated with joy and togetherness, can also morph into a dangerous financial minefield if vigilance is not exercised. As families and friends gather to celebrate, many individuals find themselves caught in the whirl of gift-giving traditions that can lead to significant overspending. According to a recent survey by NerdWallet, a staggering
In the ever-evolving landscape of technology startups, Databricks has emerged as one of the most sought-after private tech firms. Reports indicate that the San Francisco-based company is in the midst of a substantial fundraising round, aiming to gather between $5 billion and $8 billion in fresh capital. Such a significant inflow could propel its valuation
In an unexpected turn of events, China has decided to impose export restrictions on tungsten, a critical metal that plays a significant role in various industries, including defense and electronics. This development marks a substantial shift in the global tungsten market, particularly as the backdrop consists of escalating tensions between the U.S. and China. As
The investment landscape is undergoing a significant shift, with actively managed exchange-traded funds (ETFs) emerging as a formidable player in the financial market. In an arena previously dominated by traditional mutual funds, the pivot toward actively managed ETFs signals a transformation in investor preferences, driven largely by affordability, performance concerns, and innovation in fund structuring.
In what marks a significant appointment during his upcoming presidency, Donald Trump has selected Kevin Hassett to head the National Economic Council (NEC). This pivotal role positions Hassett at the forefront of Trump’s economic strategy, influencing key policy areas ranging from trade to taxation and regulatory reform. With only the U.S. trade representative position remaining
As President-elect Donald Trump prepares to take office, his recent pronouncements concerning tariffs on Chinese goods are underscoring a significant potential shift in U.S. trade policy. Trump’s declarations on social media point to a proposed 10% tariff on all imports from China, which he believes should serve as a means to address issues surrounding illegal