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If US households are wealthier than ever, why does life feel unaffordable?

US household wealth is booming. Net worth crossed $181 trillion in late 2025, driven by soaring stock markets and still rising home values.  The President recently declared the start of an “economic” boom in the United States. He also celebrated the “defeat” of inflation.  But at the same time, the majority of Americans say the

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Business

Slimmer passengers, fatter margins: how weight-loss drugs help US airlines

As weight-loss drugs fuel a dramatic shift in American waistlines, Wall Street is eyeing an unexpected beneficiary of the trend: the airline industry. Analysts at Jefferies suggest that the widespread adoption of obesity drugs could lead to significant fuel savings for carriers, as lighter passengers reduce overall aircraft weight and enhance fuel efficiency. With fuel

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Business

Canada, China look to ease trade rensions; Canola and EV tariffs adjusted

Canada is betting on a faster reset with China after months of trade disruption that hit farmers, seafood exporters, and the wider supply chain. During Prime Minister Mark Carney’s visit to China this week, Ottawa said it expects Beijing to cut tariffs on Canadian rapeseed, known locally as canola, by March 1. The shift would

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Business

Bitcoin stalls below $98K as analysts eye $100K if $94K support holds

The cryptocurrency market rally has stalled after Bitcoin briefly touched the $98k level on Wednesday.  At press time, Bitcoin is trading above $95,500, up 5% in the last seven days. Leading altcoins Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps, hovering around key levels after their upside moves.  Market analysts are optimistic that Bitcoin’s price

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Business

Toncoin price forecast as Russia bans WhatsApp, driving traffic to Telegram

Toncoin (TON) has experienced recent volatility as broader market conditions weigh on cryptocurrencies. The token is currently priced at $1.72, down 3.3% over the past 24 hours. This decline comes despite a 30-day gain of 14.71%, illustrating the high-beta nature of TON in volatile markets. The cryptocurrency is underperforming the broader crypto market, which has

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Business

Wall Street’s top banks hit record 2025 revenue as deal flow rebounds

Wall Street’s largest banks have closed out 2025 on a high note, delivering record revenues and rising profits as a rebound in dealmaking, buoyant trading activity, and resilient lending helped defy earlier fears of a slowdown. The fourth-quarter earnings season, led by results from Goldman Sachs and Morgan Stanley, underscored a renewed sense of confidence

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Business

Commodity wrap: gold, silver, base metals drop as firm dollar, easing Iran tensions hit sentiments

Gold prices continued to fall on the last day of the week as a stronger dollar and improved risk appetite dented demand for the precious metal.  Silver was also in the red as prices fell below the $90-per-ounce mark.  Meanwhile, oil prices climbed after falling sharply in the previous session. Investors resorted to lower-level buying

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Business

Brazil IGP-10 inflation accelerates in January on producer, consumer costs

Brazil’s General Price Index-10 (IGP-10) reopened the year under renewed pressure from producer and consumer prices, recording an 0.29% uptick in January, according to data released by the Getulio Vargas Foundation (FGV) on Friday. That was followed by a tiny, but positive, 0.04% increase in December, meaning that year-start monthly price dynamics clearly picked up

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Business

Wall Street starts 2026 on firm footing: S&P 500 climbs 0.5%, Nasdaq surges 1%

US stocks rose on Friday, the first trading day of 2026, as technology shares extended their momentum from last year’s artificial intelligence-driven rally and investors entered the new year with a broadly constructive outlook. The Dow Jones Industrial Average traded 124 points higher, or 0.3%, while the S&P 500 gained 0.6%. The Nasdaq Composite outperformed,

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Business

Love the blue-chip JEPQ ETF? QQQI might be a good alternative

The JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) had a strong performance last year as it jumped to a record high of $59. It has risen in the previous three consecutive years, with its assets under management (AUM) rising to over $32 billion.  Similarly, the NEOS Nasdaq 100 High Income ETF (QQQI) rose to a

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