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Weekly Market Insights | Stocks Have Best Week in Four Months
Stocks bolted ahead last week as investors cheered the last big week of Q2 corporate reports and a Friday jobs update that put the spotlight on the Fed's next move with short-term rates. The Standard & Poor's 500 Index advanced 3.57...
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Inflation Buzzword: “Spaving”
Have you seen the grocery store signs that say, “Buy one, get one,” or “Buy one at $4.99, or get four for $2.99 each?” It’s a concept called “spaving,” a time-tested marketing strategy designed to get consumers to spend more–perhaps...
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SEC Approves Bitcoin ETFs
The Securities and Exchange Commission (SEC) in early January made it easier to own Bitcoin, putting a smile on some faces but causing furrowed eyebrows on others. Mainstream investors have long wanted a way to buy and sell Bitcoin...
Read MoreIRS Releases 2024 Tax Brackets, Retirement Contribution Limits
The Internal Revenue Service recently released updated income tax brackets, standard deduction, and retirement contribution limits for the 2024 tax year. While these taxes are not due for some time, it may benefit you to start...
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Tug-of-War Between Fed Chair Powell, Investors
Is Fed Chair Powell preparing to change his mind? In late June, he said, “A strong majority of (Fed) committee participants expect that it will be appropriate to raise interest rates two or more times by the end of the year....
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Weekly Market Insights: Stocks Advance and Retreat on Mixed News
Stocks moved to the rhythm of earnings season last week, initially rising on positive earnings surprises and faltering later in the week on key earnings disappointments. The Dow Jones Industrial Average rose 2.08%, while the...
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