We are conditioned to think that all debt is bad, made to feel bad about borrowing and taught that achieving freedom can be done only through eliminating all liabilities using the most aggressive means possible. According to a recent LendingTree survey, 34% of Americans believe that you can’t be considered wealthy while you have debt. Of the 66% who believe it’s possible to be rich while you owe money, 31% feel that the debt has to be tied to a mortgage. Read More: 5 Key Mindset Shifts To Financially Beco ...

When Mounjaro debuted in March, the market was on the cusp of a transformation – driven by consumers showing greater willingness to use medical therapies for weight management amid rising cases of obesity and diabetes. But few had anticipated the pace at which it would dominate.Top officials and industry insiders attribute this ascent to a flurry of reasons – from the US drug maker’s shrewd marketing strategy and smart brand positioning as a weight-loss drug first to superior patient experience with faster ...

In this article, we will look at the 10 Consumer Defensive Stocks With More Than 50% Upside.On October 18, Michel Lerner, head of UBS’ division HOLT, appeared on CNBC to talk about the stock market. Discussing where to find solid valuations in the market, he noted that focusing solely on buying valuation is not a suitable tactic, as value stocks tend to perform well during a bull run with a strong economic cycle. Therefore, looking at just value means taking on a lot of inherent risk in a backdrop still fea ...

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Core Viewpoint - The Federal Reserve is experiencing a debate among its officials regarding the current state of the economy and the associated risks, which is expected to intensify ahead of the upcoming policy meeting due to a lack of new data caused by the federal government shutdown [1] Group 1: Interest Rate Perspectives - Fed Governor Stephen Miran advocates for deeper interest rate cuts, arguing that the buoyant stock and corporate credit markets do not indicate that monetary policy is too loose [2][3] - Miran expressed dissent against the recent decision to cut rates by a quarter percentage point, favoring a half-percentage-point reduction instead [3] - He believes that rising equity prices and narrow corporate credit spreads do not necessarily reflect the stance of monetary policy, especially as interest-sensitive sectors like housing show weakness [4] Group 2: Inflation Concerns - Chicago Fed President Austan Goolsbee is cautious about further rate cuts while inflation remains significantly above the Fed's 2% target, with expectations of acceleration through 2025 [5] - Goolsbee, a voting member of the Fed's policy committee, supported the recent rate cut but remains undecided about future cuts due to ongoing inflation concerns [6] - The contrasting views of Miran and Goolsbee highlight a significant divide among Fed officials regarding monetary policy direction, despite both having extensive economic backgrounds [6]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

GREENWICH, Conn.--(BUSINESS WIRE)---- $IBKR #IBKR--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for October. Brokerage highlights for the month included: 4.472 million Daily Average Revenue Trades (DARTs)1, 58% higher than prior year and 16% higher than prior month. Ending client equity of $781.5 billion, 45% higher than prior year and 3% higher than prior month. Ending client margin loan balances of ...

It’s a difficult time to be in business, and for many companies, the CEO’s position is becoming a revolving door. According to new data from executive search and leadership advisory firm Russell Reynolds Associates shared exclusively with Forbes, 174 global CEOs left their positions just in the quarter. Average CEO tenure declined to 7.2 years in Q3—down more than a year from the average 8.4-year tenure reported just two years ago.Russell Reynolds Associates notes that these results indicate a shift in boar ...

Crypto miner Cipher Mining (CIFR) soared nearly 20% in pre-market on Monday after announcing a $5.5 billion, 15-year deal with Amazon Web Services (AWS) to supply power and space for artificial intelligence (AI) workloads. The agreement marks one of the largest partnerships yet between a crypto mining firm and a major cloud provider. “The third quarter was truly transformative for Cipher,” CEO Tyler Page said. “We executed a pivotal transaction with Fluidstack and Google, and now we’re taking another majo ...