In a notable turn of events for the financial markets, small-cap stocks have recently marked their first significant upswing in three years. With the Russell 2000 index achieving record highs not seen since late 2021, experts are suggesting that this resurgence could herald a new era of interest for investors. Todd Rosenbluth, head of research
Finance
Lombard Odier, an esteemed name among Switzerland’s private banks with a history stretching back to 1796, has recently found itself embroiled in serious legal challenges. Indicted for aggravated money laundering, the institution is under scrutiny for its alleged involvement in concealing the illicit proceeds of criminal activities connected to Gulnara Karimova, the daughter of former
The festive season is typically associated with gratitude, reflection, and cherished times spent with loved ones. However, the excitement of gift-giving can easily spiral into financial overwhelm if proper care isn’t taken. According to research from NerdWallet, a staggering 83% of Americans are gearing up to purchase gifts for family and friends this coming holiday
In the rapidly advancing world of technology, particularly in artificial intelligence, companies have been under immense pressure to establish themselves as industry leaders. Databricks, a San Francisco-based company that has carved out a niche in data analytics and AI, exemplifies this dynamic perfectly. The firm is on the cusp of securing an additional $5 billion
In a significant turn of events, China has announced new restrictions on tungsten exports, marking a departure from its earlier policies that established the nation as a dominant player in the global tungsten market. As geopolitical dynamics evolve, particularly amid rising tensions between the United States and China, the implications of these new regulations stretch
In the ever-evolving landscape of investment vehicles, actively managed exchange-traded funds (ETFs) are gaining momentum among investors. As individuals pull capital from traditional active mutual funds, a noteworthy trend has emerged: a significant transition toward actively managed ETFs. This shift is not mere speculation but rather a response to the underlying dynamics that characterize today’s
As the Trump administration gears up for its next term, President-elect Donald Trump has made a significant choice by appointing Kevin Hassett to guide the National Economic Council (NEC). This pivotal role places Hassett at the forefront of the administration’s economic strategies, overseeing crucial discussions that encompass trade, taxation, and deregulation. Such a decision not
In a dramatic policy shift, President-elect Donald Trump has declared his intention to implement a sweeping increase in tariffs on incoming goods from China. His announcement via social media platform Truth Social heralds a potential escalation in trade tensions. Trump’s assertion of a forthcoming 10% tariff on all Chinese imports, alongside an already high proposed
In recent years, the financial services sector has undergone a dramatic transformation driven by the rapid rise of nonbank entities, such as technology and fintech firms. The Consumer Financial Protection Bureau (CFPB), in its latest announcement, has significantly shifted the paradigm by declaring that it will begin supervising these nonbank firms, particularly those that offer
As the cryptocurrency market experiences significant price surges, some investors may find themselves entranced by the potential for high returns. This fervor has been especially pronounced with Bitcoin, now reaching unprecedented highs, drawing parallels with traditional safe-haven assets such as gold. However, seasoned investors are voicing concerns that this trend may foster a misleading sense