Finance
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Take control of your finances like a pro with Ajyal America’s Finance section. Our team of experts offers a comprehensive range of articles on everything from budgeting and saving to investing and retirement planning. Stay up-to-date with the latest financial trends and best practices, and gain a deeper understanding of how finance impacts culture and society. Whether you’re new to managing money or a seasoned pro, our Finance section is your ultimate resource for all things finance. Explore our articles today and start building a brighter financial future.
Navigating the Debt Ceiling Quagmire: Implications of a US Debt Default
The debt ceiling, an age-old bone of contention in the United States, has perpetually sparked political battles revolving around the contentious issue of whether to elevate it or leave it be. Essentially, the debt ceiling acts as a statutory limit, capping the quantum of money that the US government can…
Bitcoin falls behind stocks, gold as trading backdrop for crypto sours
Bitcoin has flipped from leader to laggard on the global market scoreboard amid congestion on its blockchain and concern about ebbing liquidity in crypto markets.
7 Small Finance Tasks to Minimize Your Stress and Improve Your Financials
Managing finances can often be overwhelming and contribute to stress in our lives. However, taking small steps to tackle financial tasks can make a significant impact on minimizing stress and improving your overall financial well-being.
Rate hikes, recession fears & political backlash leave investors at a crossroads
The Federal Reserve raised interest rates again on May 3, 2023, by a quarter point, making it the Fed’s 10th rate hike since March 2022 in an ongoing fight to tame inflation. These rate hikes have been reverberating through the economy, raising prospects of a recession amid heightened concerns about…
Twitter played a role in the collapse of Silicon Valley Bank – new research
Prior to Silicon Valley Bank’s March 10, 2023, collapse, conversations on Twitter among investors about the bank spiked – helping fuel the SVB bank run. As we explain in our new working paper, “Social media as a bank run catalyst,” those tweets also destabilized other financial institutions with weak balance…
The Federal Reserve and the art of navigating a soft landing
With inflation easing and the U.S. economy cooling, is the Federal Reserve done raising interest rates? After all, gently bringing down the trajectory of prices without crashing the economy was the central bank’s objective when it began jacking up rates over a year ago.
Seven Proven Strategies to Build Credit Fast and Effectively
Building credit is an essential step in achieving financial stability. Whether you're looking to get a loan, credit card, or mortgage, having a good credit score is vital. Unfortunately, building credit can be challenging, especially if you're starting from scratch. However, with the right strategies and habits, you can build…
UBS rehires Ermotti as CEO to steer Credit Suisse takeover
UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbor Credit Suisse - a surprise move that seeks to take advantage of his experience in rebuilding the bank after the global financial crisis.
UBS agrees to buy Credit Suisse in Swiss-assisted bid to calm markets
UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) and agreed to assume up to $5.4 billion in losses, in a shotgun merger engineered by Swiss authorities to avoid further market-shaking turmoil in global banking.
Cryptocurrency: 7 Reasons why it Should Be a Part of Your Investment Portfolio
If you're considering investing in cryptocurrency, you may be unsure whether it's a suitable choice. Despite the market's high volatility and persistent risk of hacking and fraud, an increasing number of individuals are venturing into the cryptocurrency space, creating potential opportunities to invest before prices decline again.
Bed Bath & Beyond Inc. Announces Special Shareholder Meeting to Approve Reverse Stock Split
Bed Bath & Beyond Inc. (Nasdaq: BBBY) (the “Company”) announced today that it plans to hold a special meeting of shareholders to seek approval to amend the Company’s Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) to effect, at the discretion of the Board of Directors (the “Board”),…
Explainer: How did Credit Suisse get to crisis point?
Credit Suisse said on Thursday it would borrow up to $54 billion from the Swiss central bank to shore up liquidity after a slump in its shares and bonds intensified fears about a global banking crisis. Analysts said they think that might not be enough.