Interest rates remain the same as U.S. fed says they aren’t in a hurry to increase future hikes

The U.S. Federal Reserve Chairman, Jerome Powell, has said that they are not in a hurry to raise interest rates. In the face of the current economic pressures that the U.S is dealing with, the Federal Reserve is keeping its interest rates steady. The Fed says that it is ready to delay the reduction of […]

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General electric stock investors say the future is bright

Buyers of General Electric shares have said that they believe their investment will yield solid returns in the future. 2018 was not a great year for GE shares as it traded at $6.66, falling significantly from its 2016 record of $32. Surprisingly, the dramatic fall in price seems to be attracting investors who see beyond […]

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Cboe withdraws bitcoin ETF application about one month before the final decision making date

Cboe has receded its long-awaited bitcoin ETF application, dashing the hope of investors. On Wednesday, Cboe Global Markets pulled its application for the first-ever Bitcoin exchange-traded fund (ETF). The SEC’s approval would have allowed VanEck SolidX Bitcoin Trust to list their fund on CBOE BZX Exchange. The application for withdrawal was filed on January 22 […]

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US stock futures on a downward slope following china’s economic decline

The slowdown of the Chinese economy has seen US Stock futures fall in shortened session. The US markets were closed on Monday in honor of Martin Luther King and below was how the benchmarks fared: Dow Jones Industrial Average futures S&P 500 futures ESH9, -0.68% fell 15.10 points to 2,656.50. YMH9, -0.70%  dropped 150 points […]

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