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The central bank is poised to deliver its third straight interest rate cut Wednesday, while firing a warning shot about what's ahead.
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Today's biggest science news: James Webb sees earliest supernova | Monogamy 'league table' | Comet 3I/ATLAS X-ray Live ScienceNASA's Webb Identifies Earliest Supernova to Date, Shows Host Galaxy NASA Science (.gov)NASA's JWST Spots Most Ancient Supernova Ever Observed Scientific AmericanThe James Webb Space Telescope just found the oldest supernova ever seen Space
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Fed meeting updates: Rate cut decision looms for the 3rd meeting in a row Business InsiderThe Fed decision is expected to feature a rate cut and a lot more. Here's what to expect CNBCThe Fed is expected to cut rates today. But the outlook for 2026 is less certain CNNWhy Markets Are Getting Anxious About the Fed The New York Times
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House to vote today on must-pass defense policy bill CBS NewsLive updates: House considers NDAA; Fed interest rate cut expected thehill.comCompromise NDAA would let DoD promote civilians faster, increase cyber pay Federal News NetworkThe US in brief: Congress's defence bonanza The Economist
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It's facing declining sales while operating under recent C-suite shifts.
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Paramount chief executive met investors in New York to push his hostile bid for the Hollywood studio group
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Oil major will cut investment over next five years from $30bn to $20bn
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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
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