The Dow Jones Industrial Average (DJIA), a significant indicator of the American economy, is currently experiencing a concerning trend: it has declined for nine consecutive days. This marks its longest losing streak since February 1978, raising questions about the factors driving this downturn and the level of concern investors should have. To comprehend the current
Finance
MicroStrategy’s decision to invest heavily in Bitcoin has transformed its role in the tech landscape, culminating in its recent inclusion in the Nasdaq-100 index. Announced on a Monday, this strategic move by Nasdaq occasions a noteworthy uptick in MicroStrategy’s stock, which surged over 5% in premarket trading. This inclusion reflects not just a recognition of
Invesco recently debuted the Invesco Top QQQ ETF (QBIG), a fund specifically designed to provide investors with heightened exposure to the top-performing 45% of companies comprising the Nasdaq-100 Index. Spearheaded by Brian Hartigan, Invesco’s global head of ETFs and index instruments, this initiative stems from the recognized demand among investors to harness the potential of
Following the ringing of the opening bell at the New York Stock Exchange, President-elect Donald Trump found himself discussing the complexities of investing during a pivotal moment in his administration’s history. Rather than directly urging investors to dive into the stock market, Trump played it cautiously, emphasizing the inherent risks while maintaining an optimistic long-term
In a significant move to bolster its vast network of third-party sellers, Amazon has announced a partnership with Intuit, the maker of the popular QuickBooks accounting software. This collaboration aims to provide small businesses on Amazon’s platform with improved financial management tools, ultimately enhancing their operational efficiency and scalability. Scheduled to roll out in mid-2025,
In the context of the evolving political landscape and impending economic policies from the incoming U.S. administration, China’s approach to financial diplomacy has reached a critical juncture. The country’s Vice Premier He Lifeng has been actively engaging with top U.S. finance executives to foster relations and mitigate potential trade tensions. This outreach comes in light
The implementation of the Corporate Transparency Act (CTA) marks a critical juncture for small businesses in the United States, ushering in a set of regulatory requirements that require timely compliance to avoid substantial financial penalties. As we approach the deadline for the submission of Beneficial Ownership Information (BOI), countless small business owners find themselves in
As the political landscape in the United States prepares for a shift with the inauguration of President-elect Donald Trump, questions have arisen regarding the autonomy of the Federal Reserve. Jerome Powell, the current Chair of the Federal Reserve, recently addressed these concerns in a candid interview. While historical precedents show that various presidents have attempted