Financial Knowledge

Tech Stocks Rally Drives Nasdaq to Record High Amid Mixed Trading on Wall Street

Financial Markets Wall Street – NEW YORK (AP) — Technology stocks experienced a rally on Tuesday, propelling the Nasdaq composite to a record high. Despite this, the rest of Wall Street saw mixed trading as homebuilders and Ford Motor’s stock prices fell following their latest profit reports. The S&P 500 increased by 0.2%, moving closer […]

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McDonald’s Sales Impacted by E. coli Outbreak and Global Market Conditions

Value meals helped turn around McDonald’s U.S. sales in the third quarter. However, that recovery could be dented in the final months of the year by an E. coli outbreak tied to the company’s Quarter Pounder hamburgers. The company said Tuesday that U.S. same-store sales — or sales at stores open at least a year

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EU Finalizes Higher Customs Duties on Chinese Electric Vehicles

FRANKFURT, Germany (AP) — The European Union has finalized its sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology to the 27-nation bloc. The duties took effect provisionally in July and were

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Enhancing Financial Literacy: Strategies and Importance

Financial literacy is crucial for personal well-being, as highlighted by the 2023 TIAA Institute-GFLEC Personal Finance Index, which indicates that 30% of employed adults struggle to make ends meet, and 19% lack an emergency fund of $2,000.1 The approach to learning personal finance varies based on an individual’s background, time horizon, and risk tolerance. A

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The Importance of Teaching Teens about Credit and Understanding Credit Reports and Scores

Strong credit is essential for anyone who wants to apply for a credit card, car loan, apartment, and more. Learning how to build credit now will help teens in the future. Key Takeaways Teaching teens tips about credit will help them know how to manage it when they’re an adult. A credit history provides a

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