The Federal Reserve’s pushback on expectations for interest-rate cuts over the past two weeks has investors closing watching inflation data and piling more cash into money-market funds. Investors stashed a record $6.48 trillion away in U.S. money-market funds through the end of January, with the balance growing as euphoria in December over a Fed policy
Tune in to your favorite news outlet during an election year, and you’ll likely hear the expression “All politics is local.” Made famous by former Speaker of the House Tip O’Neill, the quote emphasizes the importance of keeping track of local constituents’ perspectives on the relevant issues of the day. It’s also considered table stakes
A bill is moving through the legislature aiming to give tribal entities access to a pot of housing infrastructure dollars. However, several rounds of funding from the program have already been dedicated — leaving a smaller slice of the pie for tribes to apply for, particularly when it comes to grant dollars. House Bill 1041
At a time when many homeowners are bracing for mortgage renewals at much higher rates, Toronto city staff have presented a budget with a 10.5-per-cent property-tax increase. The increase, if approved, could easily add $500 to $1,000 or more to the annual cost of property taxes in Toronto. For specifics, try a calculator on the
Bitcoin and other cryptocurrencies wavered Friday as volatile trading continued in the aftermath of the Securities and Exchange Commission’s approval of the first spot Bitcoin exchange-traded funds. The price of Bitcoin has shed 1% over the past 24 hours to $45,950, having notched gains in this period as high as near $48,600—around its best levels
Vanguard’s decision to not offer its users access to bitcoin ETFs has sparked a backlash among some customers, who have decided to close their brokerage accounts and move their money to other platforms. Vanguard users have found themselves unable to buy shares in spot bitcoin ETFs, which started trading on Thursday after the U.S. Securities
MCLENNAN COUNTY, Texas — Texas has about $8 billion in unclaimed property dating back to 1986. Last year, the Texas comptroller returned more than $340 million in funds, and they plan to have more returns this year. One Waco man found he has more then $200 in unclaimed cash To get a claim, you can
Cryptocurrencies saw volatile trading Wednesday as traders awaited a decision from the Securities and Exchange Commission on whether to approve spot Bitcoin exchange-traded funds. Digital assets have been buoyed for months by ETF approval hopes, with anticipation reaching fever pitch after the agency’s social media account was breached on Tuesday and falsely posted that the
Anticipations for 2024 indicate a persistent environment of uncertainty and market fluctuations, driven by factors such as geopolitical tensions, potential ongoing Federal Reserve rate increases, and apprehensions regarding global economic expansion. Formulating a comprehensive strategy for the entire year may pose challenges, leading personal advisors to propose a market perspective characterised by a prudent approach
These mutual-fund and ETF investing tips keep your portfolio in the game
Published: Feb. 8, 2024 at 6:05 p.m. ET Don’t miss these top money and investing features: . INVESTING NEWS & TRENDS This fund manager stopped worrying about economics. Now he is outperforming the stock market. A change in strategy has helped transform the GoodHaven Fund from a long-term underperformer into an outperformer since the end