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Young Americans Embrace ‘Buy Now,Pay Later’ For Holiday Spending: 5 ETFs To Watch

Bank of America's Winter Spending survey reveals the resilience of younger generations in holiday spending despite tight budgets and adoption of 'Buy Now, Pay Later' services. Millennials and Gen Z least inclined to reduce spending, but deposit balances decreasing.

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Federal Reserve Official Cautions Markets On Premature Interest Rate Cut Expectations

Senior Fed official cautions markets may be anticipating too early rate cuts. Fed's December 'dot plot' indicated median preference for federal funds rate at 4.6%, implying reduction of 75 basis points. Market sentiment leans towards rate cuts, but Fed Chair Powell acknowledged possibility of rate reductions.

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Cathie Wood Buys Whopping $21M Worth Of Shares In This Social Commerce Company Even As ARK Continues To Dump Coinbase, GBTC

Cathie Wood’s Ark Invest picked up huge chunk of shares in social commerce company Pinterest, Inc. (NYSE:PINS) and dumped more of crypto-linked stocks on Friday, daily trade disclosure from the firm showed.

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