Category Archives: Investing

U.S. stocks nosedive as tech saps rally, slashing more than 800 points off Dow

Hamza Shaban, Hannah Denham of the Washington Post – U.S. stocks nosedived, dragged down by tech, in a wild day of trading Thursday, slamming the brakes on a record-shattering run that had lifted Wall Street to new heights. The Dow … Continue reading

Posted in Dow Jones, Investing, Money | Leave a comment

5 Soon-to-Be Trends in Artificial Intelligence And Deep Learning

Beth Kindig in Forbes – Artificial intelligence is frequently discussed yet it’s too early to show real gains. AI’s major headwind is the cost of the investment, which will skew returns in the short-term. When the turnaround occurs, however, companies … Continue reading

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The Fed Just Printed More Money Than Bitcoin’s Entire Market Cap

Anyone worried about federal spending? Maybe we all should be. More money in circulation may be good for President Trump’s re-election campaign – but may not be so good for regular citizens who have their money in savings accounts. – … Continue reading

Posted in 2020 election, Bitcoin, Crypto, Donald Trump, Dow Jones, Economics, Elections, Federal budget, Federal Reserve, Finance, government, Investing, Money, National debt | Leave a comment

Fed loses control of its own interest rate as it cut rates — ‘This just doesn’t look good’

Patti Domm of CNBC – As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages. It’s been a rough week in the overnight funding market, where interest rates temporarily … Continue reading

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Fed gets more divided as three members vote against rate cut

Patti Domm of CNBC – The Fed has become increasingly divided with three officials voting against the Fed’s quarter point cut to the fed funds target rate range. It was the first time in three years that three voting members … Continue reading

Posted in Controversial, Federal Reserve, Finance, Investing | Leave a comment