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The Latest Breaking News from IBT

Starting A Fitness Journey? Here's Why Getting A Proper Yoga Mat Is Essential

The ProsourceFit Extra Thick mat, with its 71 "L x 24" W and 1/2" thickness, is a durable addition to your gym set-up.

International Business Times

EXCLUSIVE: Popular Base Memecoin $BRETT Passes $1 Billion Market Cap

$BRETT has reached a major milestone as it surpassed the $1 billion-mark in market capitalization late Sunday night. The token has seen significant growth since launching in February and remains the top memecoin on Base.

International Business Times

Legitimacy of Newsweek Ownership Thrown into Question

An IBT investigation reveals that Dev Pragad's claim of ownership of Newsweek comes from a temporary arrangement he orchestrated in September 2018. Questions now loom over his legal ownership.

International Business Times

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March's Job Report: The Three Numbers That Should Matter The Most For The Fed And Wall Street

The Federal Reserve and Wall Street should look below the headline March jobs report released Friday to three numbers that matter the most for inflation and interest rates -- labor force participation, unemployment rate, and hourly earnings.

International Business Times

Target Is Getting Ready To Compete Against Walmart And Amazon — Too Late In The Game?

Over the years, Target has become a "one-stop-shop" retailer, allowing shoppers to buy everything, from groceries to medicine and apparel. In addition, it has combined online shopping with offline shopping.

International Business Times

Inflation Is Still A Problem -- What It Means For The Fed

The price of goods and services remains elevated around the U.S., as evidenced by four recent reports by the U.S. government.

International Business Times

Walmart Is Beginning To Look Like Amazon, Winning The War Of Unified Commerce

In recent years, Walmart seems to be doing everything right. The retailer paid big bucks to hire top software development talent. It acquired digital properties to expand its online sales scale and scope and developed its version of Amazon's Prime program.

International Business Times

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Nvidia Stock Rally Spreads Beyond Techs, Goes Global. What Comes Next?

The S&P 500 ended the week at 5,088.80, up 1.70%; the Dow Jones at 39,131.99, up 1.30%; and the tech-heavy Nasdaq at 15,996.82, up 1.40%.

International Business Times

FixedFloat Says User Funds Not Affected By 'External' Exploit Of $26M In Bitcoin, Ether

FixedFloat was exploited for $26 million on Sunday, with Bitcoin and Ether being the target of the hack. The exchange has since said it guarantees the fulfilment of its obligations to clients.

International Business Times

S&P 500 Hovers Around 5,000, Supported By Improving Earnings — Is The Market Getting Overvalued?

According to FactSet, the performance of the S&P 500 relative to earnings estimates continues to improve as more companies release their financial statements.

International Business Times

Chipotle Vs McDonald's: Which Is A Better Long-Term Buy?

Avis Berg, CIO at Berg Capital Alex, thinks the choice between the two popular brands depends on the investor's profile.

International Business Times

Small Stocks Lead Gains, Defying Rising Interest Rates, As New Narratives Re-enforce The Bullish Sentiment On Wall Street

The small-cap heavy Russell 2000 ended the week at 2009.99, up 3.8%, beating both the S&P 500 and the Dow Jones, which gained 1.7% and 2.5%, respectively.

International Business Times

Red Sea Conflict: A Game-Changer For Global Inflation?

The Containerized Freight Index has more than doubled since the beginning of October 2023, from 850 to 2,179 points. It increased 419 points or 24% since the beginning of 2024 alone.

International Business Times

In 'AI Ready' Philippines, Can This New Bill Help Ease Workplace Fears?

The Philippine leader is confident that the country is "ready" for artificial intelligence, but in the crevices of the corporate world, there are concerns among employers regarding AI adoption.

International Business Times

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International Business Times

Fed Meeting: Paving The Way For Interest Rate Cuts?

The nation's central bank will maintain interest rates steady. It will leave the Federal Funds Rate unchanged at the current 5.25%-5.50% level.

International Business Times

Stocks And Bond Prices Move In Opposite Direction – What It Means For The Future Of The Mega Rally

The S&P 500 closed at 4,839.81, up 1.20% for the week; the Dow Jones at 37,4853.80, up 0.70% and the tech-heavy Nasdaq at 15,310.97, up 2.2%.

International Business Times

A New Dawn in Crypto: How Spot Bitcoin ETFs Boost Adoption, Reshape Regulation

The introduction of spot Bitcoin ETFs marks a significant milestone, yet many questions and challenges lie ahead for the cryptocurrency ecosystem.

International Business Times

Why The Fed Could Declare Victory On Fighting Inflation Sooner Rather Than Later In 2024

While more data is needed to reach a definite conclusion on the direction of inflation, there are a few reasons why the nation's central bank may declare victory against inflation and begin cutting interest rates.

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news in one place.

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International Business Times

Stocks And Bonds Under Pressure By The Sum Of All Fears – What Is Next?

The sum of all fears among traders and investors over valuations and the direction of monetary policy fueled the reversal in the fortunes of the U.S. equity and bond markets.

International Business Times

AI Threatens To Turn The Service Economy Into A Winner-Take-All Game

The rapid deployment of Artificial Intelligence (AI) applications, computer systems that mimic human intelligence, could turn the service economy into a winner-take-everything game.

International Business Times

What Could Trigger The First Interest Rate Cut In 2024 — Clues From Greenspan's Fed

Fed Chair Jerome Powell may find himself in a situation similar to the late 1980s in the spring of 2024, triggering the first interest rate cut if the labor market weakens and unemployment rises.

International Business Times

Why The Magnificent Seven Rally Could Last For Many More Years

Though past performance isn't a guarantee for future performance, as the usual Wall Street disclaimer goes, there is a good reason to believe that the Magnificent Seven will continue to outperform the market for many more years.

International Business Times

Housing Market In 2024: Another Boom Or Another Bust?

Lower interest rates ease the cost of financing home purchases. As a result, it could help revitalize the market for existing homes, as homeowners will be looking for opportunities to move to bigger or smaller homes, depending on their family needs.

International Business Times

India's EV Revolution Still Struggling With Infrastructure Limitations, High Import Dependence: Experts

Experts say that India has the potential to extend its successful track record in the automobile industry to electric vehicles as well.

International Business Times

Fed December Meeting: Another Pause Before The Pivot?

CME's FedWatch Tool points to a 98.4% probability of FOMC setting the FFR target at the current range this week, down from 97.1% a week ago and 90.9% a month ago.

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”Ferdinand “Bongbong” Marcos Jr.

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