The financial realm often relies on technical indicators to preemptively gauge the movement of stocks. One such indicator that garners attention among analysts and traders alike is the “death cross.” This term describes the phenomenon in which a stock’s 50-day moving average (MA) falls below its 200-day MA. This crossover is typically viewed as a
The stock market has encountered considerable turbulence at the onset of the year, yet there exists a glimmer of hope for income-driven investors: a steady stream of dividend increases from various corporations. This trend is particularly noteworthy as the S&P 500 index has experienced fluctuations, losing approximately 2% in February alone, primarily due to concerns
As the airline industry continues to reshape itself, American Airlines is making a significant move by testing complimentary inflight Wi-Fi on select routes. Beginning next week, passengers on flights between key airports—including Charlotte Douglas International (North Carolina) and Raleigh-Durham International—will experience free Wi-Fi access as part of a trial initiative. This development arrives amid mounting
The debate surrounding tax legislation in the United States is often riddled with complexities that can leave both lawmakers and their constituents confused. One critical area at the forefront of this discussion is the preservation of tax exemptions for municipal bonds. These financial instruments are essential for funding various infrastructure projects, economic developments, and affordable
In a shocking turn of events, the leadership at the Consumer Financial Protection Bureau (CFPB) under the Trump administration is reportedly planning an extensive downsizing, potentially leaving as few as five employees to manage its critical functions. This upheaval, driven by new directives from the administration’s appointed officials and those associated with Elon Musk’s Department
Investors have long relied on the Federal Reserve’s monetary policies as a safety net, commonly referred to as the “Fed put.” This concept suggests that the central bank will intervene in the economy during market downturns, supporting stock prices through interest rate cuts or quantitative easing. While this traditional mechanism has provided investors with a
In a significant development that has reverberated throughout the cryptocurrency landscape, the Securities and Exchange Commission (SEC) has issued a statement regarding meme coins, declaring them largely exempt from being classified as securities under U.S. federal law. This decision, delivered through the agency’s Division of Corporation Finance, characterizes meme coins as possessing “limited or no
The Consumer Financial Protection Bureau (CFPB) has long been a focal point in discussions about consumer rights and financial regulation in the United States. Recent developments, particularly the Senate confirmation hearing for Jonathan McKernan, underscore the contentious environment in which the agency operates. McKernan, appointed by President Donald Trump, faced intense questioning from Democratic senators,
Tennessee Governor Bill Lee’s proposed fiscal 2026 budget is making waves with its bold financial strategies, which include plans to issue $930 million in general obligation bonds. This proposal represents not just a response to immediate needs but also a crucial shift in the state’s fiscal policy as it embarks on a potential multi-year trend
In recent discussions surrounding public finance, municipal bonds have emerged as a point of contention among policymakers, lobbyists, and financial institutions. The inherent tax-exempt status of these bonds is under scrutiny as legislators assess various avenues of fiscal reform. Notably, a consortium of public finance advocates has ramped up efforts to safeguard the tax treatment