Author: prosperplanetpulse.com
The world of cryptocurrencies has evolved exponentially over the past decade, and 2024 is no exception. With Bitcoin leading the way, investors are constantly looking for ways to diversify their portfolios with digital assets and maximize returns on their Bitcoin investments. If you’re considering entering the cryptocurrency market or rethinking your current investment strategy, understanding how to effectively convert USD to BTC could be a game-changer.Understanding the Basics: Converting USD to BTCBefore delving into investment strategies, it is important to understand the basics of converting USD to BTC. While the process may seem simple, several factors affect the conversion rate…
LEXINGTON, Ky. — The Kentucky Distillers Association is welcoming a new member to the Bourbon Trail: Lexington’s Bespoken Spirits announced its move from California to Kentucky last fall. What you need to know Bespoken Spirits was founded in San Francisco in 2019. The company moved its headquarters and manufacturing operations to Lexington in a relocation announced last fall. Bespoke’s maturation process uses less wood, water and energy The tasting room and production facility is located at the Gray Line station. Founded in Silicon Valley, Bespoke Spirits blends traditional distilling with technology, and its head of flavor, Jordan Spitzer, does most…
It’s been four years since Auburn University’s football program has won more than seven games in a season, a far cry from the glory days of the mid-2000s and early 2010s. But with Auburn heading into year two of the promising Hugh Freeze era next fall, buoyed by a talented freshman class and a slew of talented transfers, there’s hope and optimism for the future. But former head coach and now-Alabama Senator Tommy Tuberville and 2010 Heisman Trophy winner Cam Newton have both been generating surprising amounts of attention this offseason.A month after Tuberville came under fire for an old…
Retail investors are pouring money into financial services, technology and energy stocks, but a new survey suggests the most popular investments could be missing out. According to a recent survey of 10,000 retail investors by eToro, cash is the most commonly held asset by U.S. retail investors. Approximately 76% of U.S. retail investors hold cash assets, well above the 49% who hold domestic listed stocks and nearly double the 40% who hold domestic bonds.Brett Kenwell, U.S. investment analyst at eToro, said in a statement that interest rates remaining high for so long could be encouraging more investors to “turn to…
Tesla rose 2.1%. The electric car maker’s shares rose 6.5% on Wednesday (U.S. stocks were closed on Thursday for Independence Day) and 10% on Tuesday after it reported better-than-expected second-quarter deliveries. Tesla cars were included on China’s local government procurement list for the first time on Thursday, allowing the company’s electric vehicles to be used locally as service cars for public agencies. XPeng American Depositary Receipts , Nio , Li Auto shares fell after the European Union confirmed it would impose additional tariffs on Chinese-made electric vehicles. The tax hikes took effect on Friday. XPeng fell 4.8%, NIO fell 5.3%…
NEW YORK (AP) — U.S. stocks rose to yet another record high Friday after a highly anticipated jobs market report bolstered hopes that Wall Street interest rates may soon ease.The S&P 500 rose 0.5%, hitting a third consecutive day of record highs after trading was closed on Thursday for Independence Day. The index has already broken 34 records this year and is up nearly 17%, but is still just over halfway there.The Dow Jones Industrial Average rose 67 points, or 0.2%, and the Nasdaq Composite Index was 0.9% above its all-time high.In the bond market, the move was more decisive.…
FILE – A person walks past an electronic stock price board displaying financial indexes including Japan’s Nikkei Stock Average (in green) at a securities firm in Tokyo, June 27, 2024. Asian stocks were mostly lower on Friday, July 5, after Europe had risen strongly overnight. U.S. markets were closed for the July 4th holiday. (AP/Shuji Kajiyama, File) NEW YORK (AP) — U.S. stocks rose to yet another record high Friday after a highly anticipated jobs market report bolstered hopes that Wall Street interest rates may soon ease. The S&P 500 rose 0.5%, hitting a third consecutive day of record highs…
Last updated: 4:25 PM EST Stock indexes ended today’s trading in the positive.Nedix), S&P 500 (Spocks), Dow Jones Industrial Average (DJIA) rose 1.02%, 0.55%, and 0.17%, respectively. Earlier today, the Bureau of Labor Statistics released the US Nonfarm Payrolls report. Payrolls rose to 206,000 in June, up from a revised 218,000 increase in May. This was above the 200,000 increase economists had expected. Interestingly, however, the unemployment rate rose to 4.1%, up from 4% the previous month. The Fed also reported in a report to Congress that inflation has eased and the job market has returned to a “tight but…
Investing.com — The S&P 500 closed at a record high on Friday as investors expected an interest rate cut from the Federal Reserve would come soon after the monthly jobs report for June suggested the labor market was cooling. As of 15:43 ET (19:53 GMT), the was up 0.5% to a record 5,566.75, the was up 0.9% and the was up 0.2% (68 points). Treasury yields plummet as employment data signals slowing labor market Treasury yields came under pressure after the June employment report showed payrolls fell last month from 218,000 in May, but Macquarie said the strong payroll numbers…
Politically speaking, this has been the worst week ever for President Joe Biden. His performance in last Thursday’s debate was abysmal, but the response from his campaign, allies and the White House somehow made it even worse. After the debate, blame was leveled everywhere, with the president’s aides calling on Biden to prove it was just a one-off bad performance. Surprisingly, when asked if Biden had seen a doctor after the debate, the White House and Biden gave contradictory answers. A White House spokesman said he hadn’t, but Biden insisted just hours later that he had.Now Biden’s team is scrambling…