2025 Social Security COLA Increase Announced at 2.5%, Intensifying Financial Strain on Beneficiaries with Debt
2025 Social Security COLA Increase Set at 2.5%, Adding Financial Pressure to Beneficiaries Carrying Debt MANALAPAN, N.J., Nov. 06, 2024 (GLOBE NEWSWIRE) — The Social Security Administration has approved a 2.5% Cost of Living Adjustment (COLA) for 2025, reflecting the moderate decrease in inflation rates compared to recent years. While this adjustment offers slight relief […]
Gold Declines as Strong Trump Victory Strengthens Dollar
“We see gold as likely to be the funding source for portfolio rotation in the near term, but given the de-dollarization of trade is set to accelerate, we still see emerging market support over the coming years,” Colin Hamilton, BMO director of commodities research, said in a note on Wednesday. While Trump’s proposed policy of […]
Forecast Predicts Rise in Canada’s Unemployment Rate…
Statistics Canada is set to release its October jobs report on Nov. 8, with economist forecasts centering on a weakening labor market. This could support the Bank of Canada making another super-sized interest rate cut. Analysts project the nation’s jobless rate to rise to 6.6%, according to FactSet. This would return the figure to August […]
US Strategic Metals Secures Approval for $100.8 Million Loan Program
US Strategic Metals gains approval for $100.8m loan program The United States aims to enhance its domestic production of critical minerals like cobalt, nickel, and lithium, essential for emerging technologies and renewable energy. In a significant move reflecting this strategy, US Strategic Metals (USSM) received expedited approval for a project in Missouri, underscoring the national […]
Silver (XAG/USD) Technical Analysis: Is a Bullish Momentum Starting to Develop?
Silver (XAG/USD) Technical Outlook: Bullish Momentum Building? Most Read: Brent Crude – Oil Prices Rise as OPEC + Extend Output Cuts Silver prices have continued to rally for the majority of this year. The metal has been overshadowed by Gold this year but has actually outperformed the precious metal. Silver’s YTD return sits at around […]
Rethinking Dividend ETFs | Morningstar
Income-seeking investors have more options than ever today. Stock dividend exchange-traded funds remain alive and well, and those following sound processes are still great choices to invest in. But when it comes to income, dividends are no longer the only show in town. Interest rates have increased, making bond ETF yields more attractive and in […]
Rising Gold Prices Bring Shine to Struggling Miners
Bullion has gained nearly 35% since January. Shares in gold miners are up by around the same amount. Despite their recent run, the miners appear a more attractive inflation hedge than the lustrous metal they produce. Anyone acquainted with the industry might find that hard to believe. Historically, gold miners have offered remarkably poor protection […]
November 2024 US Stock Market Forecast: Stocks Are…
Third-quarter earnings season has been shaping up much as we expected. With the US economy running at a faster rate than anyone expected at the beginning of the quarter, most companies have had no problem either meeting or beating consensus. The problem has been with guidance for the fourth quarter. Although the economy has been […]
Cramer Highlights Salesforce’s Influence in Promoting Agentforce
Cramer on Salesforce’s star power to raise awareness of Agentforce Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Wall Street was mixed Monday, the day before Election Day. There’s also a two-day Fed meeting this week. The market […]
Three Key Factors That Will Impact the Stock Market in This Critical Week of the Year
3 things will influence the stock market in the most consequential week of the year The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs. In a heavy week of tech earnings, the Nasdaq lost 1.5% and broke a seven-week winning streak. The […]