Markets Stock markets is where the action was at yesterday. Bumper results from AI bellwether Nvidia (> +8%) particularly lifted the tech boat. The Nasdaq rose almost 1.6%, leaving the S&P 500 (+0.7%) and DJI (+0.2%) behind. The index is less than 3% away from the all-time highs seen in May. Moves in other corners […]
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Gold has staged a remarkable comeback, surging almost 14% in August alone and reclaiming levels not seen since May, a stark reversal from late July, when prices had dipped below $4,000. The rally has been Read more…
On 26 August, the US Commerce Department released July data on the Personal Consumption Expenditures (PCE) index. Core PCE rose 0.2% month-on-month and 3.3% year-on-year, in line with market expectations. Ellen Zentner, Chief Economic Strategist Read more…
Many workers may have gained a powerful new retirement-saving option without realizing it. The feature is called the Roth 401(k), a contribution type that lets workers pay income taxes now so that retirement withdrawals are Read more…