by Angie Birkes | Sep 22, 2023 | Markets
Markets fell even more, as Treasury yields climbed to a multi-year higher as the Federal Reserve indicates it will keep interest rates higher for longer. In fact, the 10-year Treasury now yields 4.48%– its highest in 15 years. All after the latest weekly jobless...
by Angie Birkes | Sep 7, 2023 | Markets
Oil prices are gushing higher. All after Saudi Arabia and Russia said they were extending their voluntary cuts in oil production through the rest of the year. That’ll take about 1.3 million barrels off the global market. It could also put more pressure on the U.S....
by Angie Birkes | Sep 6, 2023 | Markets
Hurricane season isn’t done with us just yet. Just days after Hurricane Idalia made a mess, Tropical Storm Lee is making its way to the eastern Caribbean, and is expected to become a Category 4 hurricane, with winds of about 140 mph this weekend. At the moment, “Lee,...
by Angie Birkes | Aug 31, 2023 | Markets
Cannabis may be one of the most controversial investment opportunities. But it may also be one of the most profitable. Over the last few days, the Department of Health and Human Services moved to reclassify marijuana as less harmful than cocaine or heroin, a possible...
by Angie Birkes | Aug 28, 2023 | Markets
Markets are waiting on two potentially red-hot IPOs. There’s one coming from Instacart, which just filed to go public on the NASDAQ under CART. In its prospectus, the company said it had sales of $1.475 billion in the first six months of the year. That was up from the...
by Angie Birkes | Aug 24, 2023 | Markets
Nvidia (NVDA) may be one of the most important companies to civilization. That’s according to the CFRA equity analyst Angelo Zino, who added that every enterprise company will be reliant on NVDA in some way over the next five to 10 years. Even Wedbush analyst Dan Ives...
