Author: Anthony M. Orbison

Investing.com — RBC Capital sees a challenging year ahead for consumer markets in 2025, highlighting financial pressures from high inflation, rising rates, and unemployment in a research note this week.  The firm’s global report emphasized several key trends shaping the consumer staples sector. A Challenging Consumer Environment: The bank said its analysts largely share the belief that the health of global consumers “has come under material financial pressure as the effects of higher rates, unemployment, and elevated inflationary pressures weigh on fundamentals across the consumer landscape.” They expect this dynamic to continue in the near term. Value-Oriented Behavior Dominates: With economic…

(Reuters) -MicroStrategy will be added to the tech-heavy Nasdaq-100 Index, the exchange operator said on Friday, following a meteoric surge in the shares of the bitcoin buyer. The change comes into effect before the market opens on Dec. 23, Nasdaq said. Inclusion in the index typically boosts the stock’s price, as exchange-traded funds looking to replicate the index’s performance buy shares of the newly included firm. Data analytics firm Palantir Technologies and Taser maker Axon Enterprise were added to the Nasdaq-100 Index along with MicroStrategy. Gene-sequencing equipment maker Illumina, AI server maker Super Micro Computer and vaccine maker Moderna were…

Toncoin (TON), a crypto gaining traction for its notable blockchain technology, has recently exhibited signs of recovering positive momentum. Following a period of subdued activity, recent metrics suggest renewed confidence among investors, potentially signalling an upward trend. At the center of this observation is the 90-day percent return metric, which has historically been a reliable indicator of market sentiment for Toncoin. Toncoin Sees Renewed Positive Momentum: What Lies Ahead? CryptoQuant analyst Darkfost shared insights into the TON market in a recent post titled “TON Positive Momentum is Getting Back.” The analyst noted that the 90-day percent return has turned positive,…

Dec. 13, 2024 5:30 PM ETSPDR® Gold Shares ETF (GLD), GDXIAU, SLV, SIL, JJCTF, SGOL, SIVR, GDXJ, PHYS, COPX, PSLV, NUGT, CPER, RING, OUNZ, SILJ, BAR, GLDM, AAAU, HG1:COM, XAGUSD:CUR, XAUUSD:CURBy: Carl Surran, SA News Editor monsitj/iStock via Getty Images Gold futures fell more than 1% on Friday but still posted a modest gain for the week with expectations running high for a Federal Reserve rate cut next week at the central bank’s policy meeting, with traders now forecasting a Source link

Toilet paper, eggs, and batteries aren’t the only consumer staples that have skyrocketed in price over the last few years. Used cars, which most Americans opt for rather than buying new, now have an average price tag of around $25,571. That’s more than the average price of a brand-new vehicle just two decades ago in 2004 ($24,082), according to Statista. Not all pre-owned vehicles command prices that high, though. There are deals to be found in the used car market, but price isn’t the only thing to consider — it’s important to choose a vehicle safe and reliable enough to…

In what is certainly an important step in the ongoing process, US Senator Cynthia Lummis and Donald Trump’s incoming Treasury Secretary Scott Bessent have met to discuss the United States’ potential strategic Bitcoin reserve. In a post to X (formerly Twitter), Lummis confirmed the meeting with the key member of the US president-elect’s impending administration.Lummis called Bessent a “champion for digital assets and a crucial ally in passing my strategic Bitcoin Reserve.” Moreover, she shared her excitement about working with the official in the future as the incoming president and his team work to “restore fiscal responsibility.”JUST IN: Senator…

Stay informed with free updatesSimply sign up to the Workplace pensions myFT Digest — delivered directly to your inbox.Chancellor Rachel Reeves has put a review of pensions on hold after fears it could force employers to increase their contributions to staff retirement pots by billions of pounds.Reeves wants to avoid putting any more pressure on business following an angry backlash over her Budget, which hit employers with a £25bn bill for extra national insurance contributions.Pensions minister Emma Reynolds had promised to launch a review looking at the adequacy of retirement savings before the end of the year, but this has…

By Jeffrey Dastin VANCOUVER (Reuters) – Former OpenAI chief scientist Ilya Sutskever, one of the biggest names in artificial intelligence, had a prediction to make on Friday: reasoning capabilities will make technology far less predictable. Accepting a “Test Of Time” award for his 2014 paper with Google’s Oriol Vinyals and Quoc Le, Sutskever said a major change was on AI’s horizon. An idea that his team had explored a decade ago, that scaling up data to “pre-train” AI systems would send them to new heights, was starting to reach its limits, he said. More data and computing power had resulted…

contributor Posted: December 14, 2024 SUI’s price breakout above $4.27 signaled bullish momentum, backed by strong technical indicators. Social dominance and positive funding rates reinforced optimism despite minor price corrections. Sui [SUI]’s decentralized exchange ecosystem has made remarkable progress, with its Total Value Locked (TVL) increasing from $1.51 billion to $1.87 billion since the 2nd of December. This significant growth underscores strong network engagement and rising adoption of its DeFi offerings. The coin was trading at $4.67, down by 1.65%, at press time. SUI’s trajectory raises the question: Can it maintain its upward momentum and secure its place among leading…

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