Explore budgeting, investments, and financial strategies to empower your financial success.
Economy
Following the re-election of former President Donald Trump, U.S. financial markets have experienced significant movements. Stock futures surged, with the Dow Jones Industrial Average futures rising by approximately 1,300 points (3.1%), the S&P 500 futures increasing by 2.2%, and the Nasdaq 100 futures advancing
Economy
On November 4, 2024, U.S. stock markets experienced a decline as investors prepared for the upcoming presidential election and anticipated the Federal Reserve's interest rate decision. The Dow Jones Industrial Average fell by 257.59 points, or 0.6%, closing at 41,794.60. The S&
Economy
As Americans cast their votes in the 2024 presidential election, financial experts are closely monitoring the U.S. dollar's movements to gauge market reactions to the unfolding results. David Zervos, Chief Investment Strategist at Jefferies, emphasizes that the dollar's immediate response can provide early insights into
Assets
Goldman Sachs's $3,000-per-ounce gold forecast by 2025 aligns with a broader shift in investor sentiment and global economic factors. Lower U.S. interest rates reduce the appeal of yield-bearing assets, making gold more attractive as a stable store of value. Central banks, particularly in emerging markets, are
Economy
As the U.S. presidential election approaches, the Federal Reserve is expected to cut interest rates by a quarter percentage point at its meeting on Thursday, November 7, 2024. This decision follows a previous half-point reduction in September, aiming to support economic growth amid signs of a cooling labor market
Artificial Intelligence (AI)
Microsoft’s recent earnings exceeded expectations, fueled by robust growth in its cloud segment, as the tech giant significantly ramps up investment in AI infrastructure. With nearly $20 billion in capital expenditure, double last year’s amount, Microsoft is focusing on expanding data centers and advanced chips to support the
Food
Chipotle, McDonald's, Shake Shack, and Brinker International recently reported quarterly earnings, revealing trends and challenges in the fast-food industry. McDonald’s and Chipotle reported strong growth, largely due to strategic price adjustments and a focus on digital sales, with Chipotle benefiting from new menu items and delivery promotions.
Tech
Alphabet, the parent company of Google, has reported better-than-expected earnings for the third quarter of 2024, surpassing Wall Street revenue estimates. The company’s success can be attributed to strong performance in its advertising business and significant growth in its cloud computing division. Despite facing increased competition and regulatory scrutiny,
Economy
In the third quarter of 2024, the U.S. economy demonstrated robust growth, with the Gross Domestic Product (GDP) increasing at an annualized rate of 2.8%. This expansion, though slightly below the 3% growth observed in the second quarter, underscores the economy's resilience amid ongoing inflationary pressures
![Cosmico - [E-Myth] From Technician to Entrepreneur](/content/images/size/w600/2024/05/emyth_michael_gerber_technician_to_entrepreneur_2024_cosmico_business_tech_insights-1.jpg)
Entrepreneurship
The path to entrepreneurship presents unique challenges, especially for skilled technicians. Michael E. Gerber's "The E-Myth" exposes the myth that technical expertise alone leads to business success. The transition demands a mindset shift from technician to entrepreneur. Many technicians start businesses based on their trade skills,
Business Advice
Business is often made too complicated. But the idea of business minimalism is a new way of doing things. Just like minimalist living, business minimalism is about getting rid of unnecessary complexities. This helps companies be more productive and focused. By removing things they don't really need in
![Cosmico - [Mastery] Find Your Life's Task by Robert Greene](/content/images/size/w600/2024/04/mastery_robert_green_lifes_task_2024_cosmico_business_tech_insights.jpg)
Entrepreneurship
Robert Greene is a well-known writer on self-improvement and mastering skills. In his book "Mastery," he talks about an important idea called the "Life's Task." This means the special purpose or calling that each person is naturally suited for. Greene believes that if we