Student Loan Defaults Set To Rise, Analysts Say It’s ‘A Sizeable Shock’ With Ripple Effects: 5 Stocks to Watch
The U.S. student loan market stands at a crucial juncture, where the prevailing post-COVID-19 calmness could either solidify…
Bitcoin Hits $30K, Approaches 2023 Highs And Gains Nearly 100% Since 2022 Lows: How Far Can The King of Crypto Go?
At a time of excitement around artificial intelligence-related stocks, Bitcoin (CRYPTO: BTC) has made a spectacular recovery under the market’s radar, pushing past the $30,000 level and aiming to revisit the highs
Jerome Powell: Big US Banks Could See 20% Increase In Capital Requirements, 2 More Interest Rate Hikes Could Come In 2023
Federal Reserve Chairman Jerome Powell provided some hints on the future of monetary policy as well as recommendations…
Third Consecutive Week Of Higher-Than-Expected Unemployment Claims: Is US Job Market Losing Steam?
The long-standing resiliency and tightness of the U.S. job market is starting to show the first signs of cooling.…
Bank of England’s Aggressive Rate Hike Triggers Turbulence In European Stocks: Will The Fed Follow Suit In July?
The Bank of England caught markets off guard by enacting an unexpected 50-basis-point hike in its policy interest…
Nvidia Stock Shows Bearish Pattern That Signals Potential Price Reversal After Hitting All-Time Highs
NVIDIA Corp. (NASDAQ:NVDA) declined 1.74% on Wednesday, retracing somewhat after reaching new all-time highs of $440 per share…
Fed Is Focused On 2% Inflation Goal Despite June Pause In Interest Rate Hikes, Powell Tells Congress
The level of interest rates is “different to the speed at which we move,” Fed Chair Jerome Powell…
US Tech Stocks Outshine Global Peers Thanks To AI, Fueling US Market Comeback After 2022 Sell-Off
As the first half of 2023 drew to an end, the tech-heavy Nasdaq 100 Index, closely tracked by…
Surging UK Inflation Signals To Fed Watchers That Battle Against Price Hikes Isn’t Over: UK Bond Yields Soar To 15-Year Highs
A hotter-than-expected inflation reading in the United Kingdom has thrown a cold shower on hopes that the fight…
5 Biotech Stocks That Could Soar Thanks To These Disruptive Healthcare Technologies
In a recent report, Bank of America identified the “Disruptive Dozen” emerging technologies that have the most potential…