Financial Insights That Matter
As temperatures drop, your utility bill is probably rising.
Arbor, a tech company that helps people find lower electricity rates and save money on utilities, analyzed bills across the country to see where residents pay the most in the colder months.
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Investing in cryptocurrency is still a relatively new frontier, and for many, navigating the complexities of the crypto world can feel intimidating. However, as the crypto market experiences a notable resurgence in 2024, it’s catching the attention of a broader audience—including those who were previously skeptical. This renewed interest signals a shift in how people perceive digital assets, with many now taking them more seriously as part of an investment portfolio.
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A more balanced housing market in 2025 could mean renewed activity, especially for buyers who have been waiting on the sidelines.
Markets could see the highest for-sale inventory since December 2019 next year, with Realtor.com (NWSA) estimating that nearly 20% of listings will see price cuts and home sales will grow 1.5% year over year to 4.07 million.
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Shareholders of Amazon (AMZN) have submitted a proposal to add Bitcoin to the balance sheet. The shareholders of the e-commerce giant are urging the company to learn from MicroStrategy (MSTR), which heavily invested in Bitcoin, resulting in an increase in its share price.
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One Bitcoin is now worth about $100,000 — a monumental achievement for the cryptocurrency industry. The leading cryptocurrency reached $101,250 on the night of Wednesday, Dec. 4, and then hit an all-time high of $103,679 on Dec. 5, 2024.
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Ann Miletti, Head of Equity at Allspring Global Investments, spoke with Quartz for the latest installment of our “Smart Investing” video series.
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Inflation accelerated slightly in November ahead of the Federal Reserve’s last interest rate decision of the year.
The Consumer Price Index (CPI) rose 0.3% in November, raising the annual inflation rate to 2.7%, the Bureau of Labor Statistics reported Wednesday. That was still in line with Wall Street expectations, according to estimates compiled by FactSet (FDS).
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