2025 will see the greatest surge of Americans turning 65, with an average of more than 11,000 people reaching the milestone every day.
For a large share of those Americans, retirement is on the mind. And where they choose to retire could have a big impact on their future happiness and peace of mind.
Nvidia (NVDA) stock plunged 16% Monday afternoon after Chinese artificial intelligence startup DeepSeek’s latest model raised questions about American competitiveness in the AI space.
The tech-heavy Nasdaq slipped 3% Monday afternoon as a perceived threat from Chinese artificial intelligence startup DeepSeek prompted a global sell-off of tech stocks.
The Nasdaq and other major indexes rebounded on Tuesday, recovering from the sharp sell-off triggered by DeepSeek’s crash, which had sent AI stocks tumbling. Nvidia, which plunged over 16% on Monday, regained more than 7% in the rebound.
Bitcoin briefly dipped below $100,000 early Monday as a global technology stock sell-off rattled markets to start the week.
The largest cryptocurrency by market capitalization was down 3.51% as of Monday morning, bringing its price to $101,295 apiece. That was a recovery from a low of about $97,900 earlier in the day.
Trump Media & Technology Group (DJT) (DJT) shares surged over 7% Wednesday morning after announcing plans to expand into financial services, including potential investments in Bitcoin and other cryptocurrencies.
Federal Reserve policymakers voted Wednesday to hold interest rates steady in its first rate decision of the year.
Following its Jan. 28-29 meeting, the Federal Open Market Committee (FOMC) decided to keep the benchmark federal funds rate at 4.25%-4.50%. The widely expected move marks the first time since last September that the central bank hasn’t lowered rates, as the fight to wrangle inflation to its 2% target continues.
Viraj Patel of Fiduciary Trust International breaks down Monday’s AI stock selloff on news of a Chinese artificial intelligence competitor