China’s Stock Market Faces Challenges as 2025 Approaches

China’s stock market is entering 2025 with lingering challenges, despite showing signs of recovery this year. While the market has gained 17% in 2024, it remains significantly below its peak levels in 2021. Trade tensions with the United States, coupled with domestic economic issues, continue to weigh on investor sentiment. Economic Stimulus Measures Fall Short … Read more

Apple Inches Closer to $4 Trillion Market Cap Milestone

Apple Inc., already the most valuable company in the world, is on the brink of a historic milestone: a $4 trillion market capitalization. The tech giant’s stock has been on a tear, driven by investor enthusiasm for its cutting-edge advancements in artificial intelligence (AI) and the strong performance of its iPhone lineup. Since early November, … Read more

Wall Street Rallies Ahead of Christmas Amid Tech Stock Surge

In the final trading session before Christmas, Wall Street saw a robust rally, with major indices closing higher thanks to a surge in technology stocks. The shortened session on December 24, 2024, set a positive tone for the year-end “Santa rally,” a phenomenon where markets traditionally perform well during the last week of December and … Read more

IRS Proactively Issuing $1,400 Stimulus Payments

The Internal Revenue Service (IRS) is rolling out up to $1,400 to approximately one million taxpayers who missed out on their Covid-19 stimulus payments in 2021. This initiative aims to ensure eligible individuals receive the funds they’re entitled to, even if they didn’t originally claim them. In a move to simplify the process, the IRS … Read more