Oil prices have taken a hit, dropping from around $70 to just over $56 per barrel. This drop is tough on big oil companies like ExxonMobil, who make a lot of their money from drilling and producing oil. ExxonMobil has some of the best oil fields in the world, like the Permian Basin in the U. S. and
San Diego County is considering some significant tax adjustments. These changes could lead to more revenue for the government, but they might also leave residents with less money in their pockets. Let's explore what's on the table. One proposal involves increasing the sales tax by one cent in the c
Canada's top financial watchdog has decided to keep the extra safety net for the country's six largest banks at the same level. This safety net, called the domestic stability buffer, is currently set at 3. 5%. The Office of the Superintendent of Financial Institutions (OSFI) believes these banks are
The world of traditional finance is making a bold move into crypto. The Depository Trust & Clearing Corporation (DTCC), a major player handling trillions in transactions, has decided to use the Canton Network to tokenize US Treasury securities. This is a big deal because it shows that even the old-s
Cathie Wood's Ark Invest made some big moves in the crypto world recently. They bought a lot of shares in Bitmine Immersion, Coinbase, and Bullish. But they also sold some shares in Shopify and a few other companies. This all happened while Bitcoin and Ethereum were losing value. Bitmine Immersion
In 2026, the crypto world might see a surge in ETF launches, thanks to clearer rules from the SEC. This could lead to a lot of new crypto ETFs hitting the market. But not all of them will survive. Many might struggle and get shut down within a year and a half, according to experts. The SEC recently
Divorce is messy, and it's easy to overlook small details. One thing many people forget is updating their 401(k) beneficiary. This can lead to big problems later on. A 401(k) is a retirement savings plan offered by employers. It's a big deal because it helps people save money for the future. But af
HashKey Holdings, the big player in Hong Kong's crypto world, just had its first day on the stock market. Their shares went up a bit, showing that people are interested. They sold a lot of shares and made around $206 million. The company is now worth about $18. 5 billion. This is a big deal because
Coinbase, a major player in the crypto world, is now stepping into new areas. They are adding stock trading and event contracts to their platform. This move is part of a bigger trend where investment platforms are trying to offer more services to keep customers trading with them. Event contracts le
Markets have been on a wild ride lately, leaving many investors confused and frustrated. With just two weeks left in the year, it's a good time to take a step back and look at the bigger picture. The S&P 500 and Nasdaq have been trading in a tight range for over two months, which is not ideal for an
