stock market
What US Federal Reserve Interest Rate Cut Means for Global Markets
The upcoming interest rate cut by the U.S. Federal Reserve, anticipated during the Federal Open Market Committee (FOMC) meeting on September 17-18, 2024, is set to have significant implications for both the U.S. and global markets. The decision to lower the federal funds rate, which currently stands at a two-decade high of 5.25% to 5.50%, […]
3 mins read
Warren Buffett’s Berkshire Hits $1 Trillion: But Why Is It Selling Stakes in Apple & BofA?
Warren Buffett’s Berkshire Hathaway has recently achieved a significant milestone by surpassing a market capitalization of $1 trillion, making it the first non-technology company in the United States to reach this benchmark. This achievement is particularly noteworthy as it places Berkshire alongside tech giants like Microsoft, Apple, and Nvidia, highlighting its unique position in the […]
4 mins read