The U.S. market is currently experiencing a wave of optimism, driven largely by the artificial intelligence boom led by companies like Nvidia. The first half of 2024 saw strong gains across all three major indexes, with the S & P 500, Nasdaq Composite, and Dow Jones Industrial Average all posting positive numbers. Traders are looking
Ethereum has taken the lead in fee income over the past year, surpassing Bitcoin by an impressive 100%, as reported by Lookonchain. The Ethereum network has generated a staggering $2.73 billion in fee income, solidifying its position as the top earner in the industry. This significant increase in fee income showcases the growing popularity and
Weather delays have always been a major concern for air travelers. Even when the skies are clear at your departure city, a thunderstorm hundreds of miles away can still wreak havoc on your flight schedule. The Federal Aviation Administration often implements ground stops to prevent congestion at airports, leading to delayed departures and longer flight
The West Contra Costa Unified School District, based in Richmond, California, recently faced a financial crisis when it failed to approve an accountability plan necessary to pass a budget by the end of the fiscal year. This failure prompted Contra Costa County to step in and prepare to take over budget activities. Typically, if a
The U.S. dollar saw a retreat in early European trading as Federal Reserve Chair Jerome Powell indicated progress in the fight against inflation. The Dollar Index, which measures the greenback against a selection of other currencies, was down 0.1% at 105.287. Powell’s comments at a conference sponsored by the European Central Bank fueled expectations of
The S & P 500 has shown an impressive performance in the first half of the year, marking its third consecutive quarterly advance. This streak of success has left many investors wondering about the potential for further gains in the second half. Looking back at historical data, we see that the index’s longest quarterly winning
The municipal bond market remained stable on Tuesday, benefiting from a decline in U.S. Treasury yields and a positive performance in equities. Analysts have noted that there will be limited new issuances this week, as many issuers tend to hold off during holiday-shortened weeks. With around $31 billion of July reinvestment cash hitting the market
Pi Squared, a company based in Champaign, Illinois, recently closed their first capital raise with the support of leading investors such as Polychain Capital, ABCDE, Bloccelerate, Generative Ventures, Robot Ventures, and Samsung Next. Additionally, several notable angel investors, including Shumo Chu, Harish Devarajan, and Justin Drake, have shown their support for the innovative technology developed
General Motors recently reported its best quarterly sales in over three years, showcasing a notable increase in both full-size pickup trucks and all-electric vehicles. The Detroit automaker announced that its sales for the second quarter reached 696,086 units, marking a 0.6% increase from the same period last year. This represents the highest quarterly sales figure
The recent surge in U.S. yields has had a significant impact on global currencies, particularly affecting low-yielding currencies like the Japanese yen and the Chinese yuan. Investors are closely watching the developments in the markets, waiting for signals from the Federal Reserve Chair, Jerome Powell, to guide their next moves. The increase in benchmark 10-year