The year 2024 has been significant in the world of finance, showcasing not only the strength of megacap technology stocks but also the remarkable performances of several non-tech companies. The rise of tech giants, particularly in the realm of artificial intelligence (AI), played a pivotal role in driving the markets to unprecedented heights. Nvidia, for
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The restaurant industry found itself grappling with monumental challenges in 2024, a year marked by a disturbing trend of closures and an alarming rise in bankruptcies. As inflation weighed heavily on consumers, many chose to scale back their dining experiences, searching for bargains and value rather than indulgence. This frugality led to a notable drop
The municipal bond market experienced unprecedented growth in 2024, surpassing $500 billion for the first time as issuers capitalized on pressing infrastructure needs and election-related dynamics. According to data from LSEG, the total issuance reached an astounding $507.585 billion, marking a 31.8% increase from the previous year’s $385.061 billion. This leap shattered the previous record
As we close out 2024, pioneering advancements in decentralized science (DeSci) and virological research are reshaping the landscape of scientific inquiry. Central to this transformation is an innovative technology known as the Open Virtual Machine (OVM), developed by ChainwireOpen, also referred to as webisOpen on social media platforms like X. The OVM represents a significant
The stock market has shown remarkable resilience and impressive performance in 2024, presenting investors with an intriguing landscape for the upcoming year. Key indices like the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite have delivered substantial returns, fueled by a revival in various sectors, including technology and small-cap stocks. This article delves into
The housing market at the close of 2024 presents a complex and paradoxical scenario marked by an increase in supply coupled with stagnation in sales. A newly released report from Redfin highlights that active listings have surged by 12.1% compared to the previous year, reaching levels not seen since 2020. However, the story doesn’t end
In an unexpected yet promising development, President-elect Donald Trump met recently with Washington D.C. Mayor Muriel Bowser to discuss future collaboration between the federal government and the local administration. The positive tone of their dialogue came as a breath of fresh air, signaling a desire to pursue mutual interests, particularly as the city prepares for
In a significant development within the ongoing saga of cryptocurrencies, Montenegro has officially extradited Do Kwon, the co-founder of Terraform Labs, to the United States. This decision came after Kwon, previously arrested for passport fraud while attempting to flee Montenegro in March 2023, was faced with serious allegations of misleading investors regarding the stability of
In a noteworthy development for cryptocurrency enthusiasts and analysts alike, a prominent Bitcoin whale recently made headlines by transferring 778 BTC, approximately valued at $72 million, to the cryptocurrency exchange Kraken. This event is not an isolated instance; since December 20, this whale has deposited a staggering 3,038 BTC, equating to around $286 million into
As we approach the end of 2024, the currency markets in Asia reflect a challenging landscape influenced by multiple factors including U.S. monetary policy, regional economic data, and geopolitical tensions. The strength of the U.S. dollar, particularly, emerges as a key driver affecting various Asian currencies, all against a backdrop of mixed economic signals from