China’s economic data show signs that the slowdown may be easing as the central bank acts to support growth. Retail sales climbed 4.6% in August from a year earlier and industrial output rose 4.5%, suggesting that demand is slowly picking up from its post-pandemic malaise. However, despite busy activity in restaurants and stores, investment in…
1. Market Recap: A Resilient Rebound The stock market saw a robust rebound last week, reaching its highest closing levels in nearly two months. Despite a brief hiccup on Thursday, the S&P 500 maintained an eight-day winning streak, contributing to significant gains in all three major indexes year-to-date. 2. The Fed’s Delicate Balancing Act Federal…
Why Credit Cards Aren’t Ideal for Emergencies Credit cards aren’t the knights in shining armor when it comes to covering unforeseen expenses. Their soaring interest rates, in comparison to other borrowing options, render them an impractical choice for emergency financing. Financial advisors, echoing a chorus of caution, suggest maintaining a zero balance whenever plausible. Paying…
 Claiming Social Security early can provide additional income for people who are in need of extra money at a younger age. However, there are drawbacks: 1. Taking Social Security benefits early will result in lower monthly payments and therefore a lower overall lifetime benefit than if you wait until full retirement age (67). 2. There…
After founding Amazon in a garage in Seattle back in 1994, Jeff Bezos, one of the world’s wealthiest individuals with an estimated net worth of $160 billion, has recently announced his decision to leave the Pacific Northwest and settle in sunny Florida. Bezos revealed his motive in an Instagram post, stating that he wants to…
American Airlines is one of the largest airlines in the United States and the world. It has one of the most comprehensive route networks across the globe, providing flights across North America, South America, Europe, Asia, and Australia. It is a founding member of Oneworld Alliance and is a major partner with other major airlines…
Fractional shares are a type of investment that allows investors to purchase parts of a stock or other asset. With fractional shares, investors can buy a portion of an asset instead of an entire unit, providing more accessibility to the market. This type of investing opens up more opportunities to individuals with low budgets or…
When trying to determine the most searched topics on Google in the United States, it is useful to start by examining what people are searching for when they come to Google. According to Google Trends, the most-searched topics on Google in the US include news and current events, health and wellness, entertainment and culture, sports,…
In the world of retail, shrinkage and theft-related losses have long been a concern for businesses. Retailers often grapple with inventory shrinkage caused by factors like external theft, employee theft, damage, or vendor fraud. These losses can eat into a retailer’s profits, but the extent of the problem has recently come under scrutiny. This article…
Understanding the Latest Student Loan Forgiveness Actions This article dives into the recent developments in student loan forgiveness, shedding light on the qualifications, ongoing efforts, and implications of Biden’s plans for borrowers. The recent announcement by the Education Department forgiving an additional $4.8 billion in student loans for approximately 80,000 borrowers signifies a critical phase…
A home equity line of credit (HELOC) is a type of loan that allows you to borrow against the equity in your home. A HELOC provides you with a revolving line of credit that you can use to borrow money as needed, similar to a credit card. You can use the loan for any purpose…
The IRS has recently provided a reprieve for higher-income workers with retirement plans, announcing a delay in implementing a new rule that was set to go into effect in 2024. This rule would have required individuals earning over $145,000 to make catch-up contributions into an after-tax Roth account. However, due to a two-year administrative transition…
Introduction: Unveiling the ChatGPT Revolution OpenAI’s ChatGPT has reshaped the landscape of technology within a mere year of its launch. The astonishing growth of this generative AI-powered application has not only intrigued tech enthusiasts but has also triggered an industry-wide rush toward developing similar platforms. This article delves into how ChatGPT has influenced diverse sectors,…
The Year of AI Revolution: A Retrospective on 2023’s Transformative Journey Welcome to the technological escapade that was 2023! This year was an electrifying rollercoaster ride in the realm of artificial intelligence (AI), witnessing groundbreaking advancements, intense rivalries, and unprecedented collaborations. Let’s delve into the monumental events that shaped the AI landscape and set the…
As several states are experiencing a fall in unemployment rates, the overall national average paints a bleaker picture, as it is starting to slowly rise, causing an array of social and economic problems for the ordinary citizen. There are more than 1.69 million Americans unemployed currently. This number is awful and means that more Americans…
In the midst of political turmoil and the looming threat of a federal government shutdown, the House of Representatives has taken swift action by approving a 45-day funding bill. This emergency measure aims to keep federal agencies operational as Speaker Kevin McCarthy abandoned demands for steep spending cuts, relying on bipartisan support to send the…
The dream of owning a home is a significant milestone for many individuals and families. However, the path to homeownership is intricately tied to various financial factors, among which mortgage rates play a pivotal role. Understanding how mortgage rates influence the affordability of a home is crucial for anyone considering purchasing a property. In this…
When it comes to turning dreams into reality, nothing should hold you back – not even bad credit. As a student with dreams and aspirations, you might find yourself looking for ways to finance your education or other ventures despite having a less-than-perfect credit score. The good news is that there are options available for…
As we step into the first full trading week of September, investors brace themselves for a series of pivotal events that promise to influence financial markets. From crucial inflation data and Apple’s highly anticipated product launch to looming labor negotiations, this week is set to be anything but ordinary. Inflation on the Radar Rising Inflation…
Overall, Fidelity Investments Canada ULC’s ETFs have performed competitively with other top ETFs. Fidelity’s ETFs have consistently outperformed the broader market and their peers. The Fidelity Canadian High Dividend Index ETF (ticker: FCAN) has returned a cumulative 7.05% since its inception in August 2017 and the Fidelity U.S. High Dividend Index ETF (ticker: FUSD) has…