|
Some folks on Wall Street think yesterday's U.S. jobs number is ‘implausible' and thus due for a downward correction FortuneStock market today: Dow, S&P 500, Nasdaq sink as tech stocks get pummeled Yahoo FinanceThis Is the Trump Economy: Job Growth Crushes Expectations as More Americans Work for Higher Wages The White House (.gov)A stronger-than-expected jobs report could signal a labor market turnaround - with caveats CNN
|
|
The Dow Jones Industrial Average closed below the 50,000 threshold for the first time since Friday, as fears spread that artificial intelligence might disrupt areas of business beyond tech and software.
|
|
Report: Mike McCoy to join Raiders as assistant head coach NBC SportsNFL news roundup: Raiders hiring Mike McCoy as assistant head coach on Klint Kubiak's staff NFL.com2026 NFL coaching news: Raiders hire Klint Kubiak; Jim Schwartz resigns as Browns defensive coordinator Yahoo SportsJohn Spytek, Mark Davis provide insight behind their 'easy decision' to hire Klint Kubiak Raiders.com
|
|
Partial government shutdown looms as ICE negotiations hit stalemate The Washington PostTom Homan says that surge of immigration enforcement in Minnesota is ending - US politics live The GuardianDHS shutdown imminent as Senate leaves town without deal AxiosRepublicans urge Trump to hold firm against Democrats' DHS demands as clock ticks toward shutdown CNNHomeland Security Shutdown Draws Near
|
|
The $30 billion Series G funding round, which involves Microsoft and Nvidia as backers, comes as Anthropic's products begin to pressure legacy software companies.
|
|
About 145 million American adults say that they own or have owned cryptocurrency. Statistically, that's more than half of your co-workers, neighbors and friends.
It's also about the number of Americans who own stocks.
Even though it's not regulated by a government agency, cryptocurrency is becoming mainstream. However, President Biden recently signed an executive order to address cryptocurrency risks with a whole-of-government approach that could make cryptocurrency even more attractive to investors as well as traditional banks and credit unions.
SEE MORE Crypto Has Been Through the Wringer in 2022: What Now?
For the near term though, cryptocurrency remains a volatile, speculative asset that will likely continue its gut-wrenching booms and busts. That's not to say that cryptocurrency doesn't belong in a well-diversified portfolio, but I recommend that my clients first educate themselves about cryptocurrency before deciding whether or not to invest.
As Warren Buffet said about investing in cryptocurrency: "I get into enough trouble with the things I think I know something about. Why in the world should I take a long or short position in something I don't know about?"
Here are some important concepts to get comfortable with.
How Cryptocurrency Works: The Basics
Say you order a new set of patio furniture online. A credit card company or p
|
|