The upcoming CPI data is predicted to keep the Federal Reserve from making any interest rate hikes. If everything goes according to expectations, bond yields will continue to decrease, fueling the end-of-year equity rally theory. Bank of America’s latest forecast suggests that most investors anticipate the 2024 investment playbook to revolve around a Federal Reserve …
Amidst a facade of strength in the U.S. economy, Janus Henderson Investors, based in Denver, has identified signs of a potential fragility that many in the financial markets may not have recognized. The most potent indicator of headwinds facing the U.S. economy is found in the composition of the 10-year Treasury yield (BX:TMUBMUSD10Y). This includes …
Experience the thrilling tale of financial rebellion in “Dumb Money,” a movie that celebrates the power of the little guy in the stock market. This real-life story shook Wall Street to its core, leaving investors and institutions perplexed and bursting with disbelief. Paul Dano brilliantly portrays our hero, Keith Gill, a new dad from the …
In a cyberattack incident, the claims agent responsible for bankruptcy cases involving Genesis Global Holdco, FTX, and BlockFi, revealed that it had fallen victim to a data breach. As a result, the personal data of hundreds of claimants may have been compromised. Kroll, a business-services company, reported that hackers conducted a SIM-swapping attack on T-Mobile …
Cybersecurity firm Netcraft has received a substantial investment of $100 million from Spectrum Equity Management, a growth-investment firm, and has appointed Ryan Woodley as its new CEO. The company aims to expand its operations in the United States. Netcraft analyzes over 5 million threat reports and suspicious web addresses daily, utilizing automation to gather information …
The voluntary carbon-offsets market, valued at $2 billion, has faced allegations of credits not delivering promised emissions cuts. Rebuilding credibility in the market is proving to be a challenging task. The Commodity Futures Trading Commission has stated its commitment to policing carbon offsets, Nestlé has chosen to exit the market, and standard setters have released …