The S&P 500 ended lower on Friday after setting fresh intraday records earlier in the session, as investors took profits following a strong week. Despite the pullback, major US indexes notched their second consecutive weekly gains, signaling renewed optimism in the markets. The benchmark S&P 500 dipped 0.3% to close…
The hotel industry has bounced back after the Covid-19 pandemic, as a combination of revenge travel and business recovery boomed. Most hotel companies have also embraced the licensing model by selling off their real estate. So, let’s explore some of the best hotel stocks to buy and hold this year.…
TikTok is up for grabs in the United States after President Donald Trump stepped in as its savior and delayed a law that could have forced it to cease operations on January 19th. He now wants a US investor to take a major stake in the renowned platform for short…
The European Central Bank (ECB) has highlighted the need for a digital euro to address competition from dollar-backed stablecoins promoted by US President Donald Trump. ECB board member Piero Cipollone underscored this point during a conference in Frankfurt, as reported by Reuters. Trump’s stablecoin push Trump recently issued an executive…
Exchange-Traded Funds (ETFs) offer the best approach for investors to allocate cash and generate strong returns over time. They are often better than stocks because of their diversification. While dividend ETFs are good, few of them beat the benchmark funds like S&P 500 and the Nasdaq 100 indices in terms…
Storm Éowyn, a tempest of remarkable ferocity, has swept across Northern Ireland and the Republic of Ireland, leaving a trail of disruption and prompting the issuance of unprecedented red weather warnings across both regions. For the first time, authorities have deemed conditions so treacherous that the highest level of alert…
Michael Saylor’s MicroStrategy, a business-intelligence software company turned Bitcoin behemoth, has placed an enormous bet on cryptocurrency. The company owns approximately $48 billion worth of Bitcoin, funded in part by issuing $6.2 billion of convertible bonds in 2024—marking the largest single-company convertible debt issuance in history. Surprisingly, the backers of…
After six long months of contraction, Germany’s private sector has finally shown signs of stabilization, according to a recent survey. The HCOB German flash composite Purchasing Managers’ Index (PMI), a key economic indicator compiled by S&P Global, has surged to 50.1 in January. This marks a significant turnaround from December’s…
It’s the ultimate “changing of the guard” for cryptocurrency enthusiasts in America and worldwide. Whether you’re invested in crypto or just interested in it, mark your calendars as a new era for digital assets is set to commence on January 20, 2025. That’s when Donald Trump will be inaugurated and…
The UK government plans to amend its non-domiciled (“non-dom”) tax regime in response to concerns over an exodus of wealthy individuals, Treasury officials have confirmed. These changes aim to encourage non-doms to invest and spend more in the UK while addressing critiques of the longstanding tax rules. What are UK…