The announcement of Donald Trump Jr.’s appointment to the board of PSQ Holdings has triggered a remarkable response in the stock market, exemplifying how celebrity affiliations can dramatically influence investor perceptions and stock performance. On the day the news broke, shares of PSQ Holdings, which oversees the online marketplace PublicSquare, experienced a staggering increase of
Finance
Building a solid credit history is essential for navigating the financial world, especially for young adults just starting to explore their independence. To accelerate this process, parents can play an active role by adding their teens as authorized users on their credit card accounts. This approach offers a unique opportunity to help young individuals jumpstart
The recent minutes from the Federal Reserve’s November meeting reveal a complex yet cautiously optimistic outlook regarding U.S. monetary policy and economic conditions. With inflation rates remaining above the desired 2% threshold, the Federal Open Market Committee (FOMC) faces the dual challenge of maintaining price stability while also fostering economic growth and employment. As details
Lombard Odier, one of Switzerland’s most venerable private banking institutions, has recently found itself embroiled in a significant legal challenge following an indictment by the Swiss Office of the Attorney General (OAG). This indictment revolves around accusations of “aggravated money laundering.” At the core of the allegations is a former employee of the bank, who
In an unprecedented turn of events, small-cap stocks have emerged from a three-year lull, culminating in a historical performance that has captivated investors. Recent analyses suggest that a burgeoning interest in this sector is on the horizon, poised to gain momentum in 2025. With an insightful take during CNBC’s “ETF Edge,” Todd Rosenbluth, VettaFi’s head
The holiday season is traditionally viewed as a time for festivity, gratitude, and bonding with loved ones. Yet, amid the cheer and celebration lies an impending threat: overspending. The allure of gift-giving can lead even the most financially savvy individuals down a precarious path, leaving them susceptible to debt and regret in the New Year.
In a climate where many tech firms are hustling toward public offerings, Databricks, a San Francisco-based powerhouse in data analytics and artificial intelligence, has adopted a different strategy. The company is in the process of securing between $5 billion to $8 billion in its latest funding round, empowering its operations without the urgent need to
The geopolitical landscape surrounding vital minerals is experiencing a notable shift, primarily driven by China’s decision to impose new restrictions on tungsten exports. As tension escalates between the U.S. and China, this change unveils a complex tapestry of market dynamics, supply chains, and strategic resource management. Historically, China had dominated the tungsten market, flooding it
In recent years, the landscape of investment vehicles has transformed significantly, marked predominantly by the ascension of actively managed exchange-traded funds (ETFs). While traditional active mutual funds have been experiencing outflows, leading investors to withdraw approximately $2.2 trillion since 2019, the actively managed ETF segment has witnessed an influx of about $603 billion during the
With the recent announcement of Kevin Hassett as the head of the National Economic Council, President-elect Donald Trump is positioning himself to spearhead an aggressive economic agenda during his incoming administration. Hassett’s reappointment indicates a continuation of Trump’s robust economic policies, particularly emphasizing deregulation, tax reforms, and trade adjustments which were hallmarks of his first