JOHOR BARU: A 63-year-old former engineer fell victim to an online cryptocurrency investment scam, incurring a staggering loss of RM9.4mil retirement savings.
Johor police chief Comm Datuk M. Kumar said that the victim lodged a police report on Tuesday (Jan 14) claiming to have been lured into the scam in July 2024.
» Read more about: Ex-engineer in Johor loses RM9.4mil to cryptocurrency scam »
The S&P 500 Index is generally thought of as broadly representative of the stock market—in fact, to many people the index is the stock market, given that it’s comprised of about 500 large-cap stocks. But it has lately come to be dominated by its largest companies, most of them in the technology sector,
» Read more about: Hidden Risks in Your 401(K) Index Fund: Is it a Tech Fund in Disguise? »
Investors in American Financial Group, Inc. AFG need to pay close attention to the stock based on moves in the options market lately. That is because the March 21, 2025 $91.00 Put had some of the …
The disparity between the average rates for two and five-year fixed-rate mortgages has narrowed, hitting a two-year low, reports financial website Moneyfacts.
As of January’s start, the average rate for a two-year fixed mortgage stood at 5.48%, a mere 0.23 percentage points above the five-year fix, which averaged 5.25%.
» Read more about: 'Hard to predict where interest rates might go' as mortgage rate gap shrinks »
US stock futures rose across the board on Tuesday as investors took in the first of two key inflation reports this week, which showed prices rose less than expected in December. Also in focus was a report that the incoming Trump administration could hike tariffs more gradually to ease inflationary pressures.
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‘Kudlow’ panelists EJ Antoni and Jim McLaughlin unpack the push to prioritize the Trump tax cuts.
U.S. producer prices increased moderately in December, but that is unlikely to change views that the Federal Reserve would not cut interest rates again before the second half of this year amid labor market resilience.
» Read more about: US producer prices rise moderately in December »
» Read more about: What Nvidia CEO's Latest AI Technology Unveiling Means for Investors »
The Los Angeles Lakers have shown solid form in the 2025 season, working tirelessly to secure their position in the playoffs. With LeBron James at the helm, the team has shown resiliency, especially in key games against top contenders. James’ leadership both on and off the court has been crucial, guiding a balanced squad that combines veteran experience with emerging talent.
» Read more about: Lakers News: LeBron James teammate claims to have plans for his NBA retirement »
Warren Buffett, one of the most successful investors in the stock market, has built a portfolio worth Rs 82 lakh crore, showcasing his investment acumen. At 92, the veteran investor has selected his son, Howard Buffett, to succeed him as the head of Berkshire Hathaway.
After several years of careful consideration,
» Read more about: Warren Buffett Names Son Howard As Successor To Lead Rs 82 Lakh Crore Empire »
Has Warren Buffett given up on the stock market? Not entirely. Sure, the legendary investor has been a net seller of stocks for eight consecutive quarters and could extend that streak. However, Buffett is still buying at least a few stocks for Berkshire Hathaway‘s portfolio.
Buffett bought 10 stocks in all of 2024 (excluding buybacks of Berkshire’s shares).
» Read more about: Warren Buffett Bought 10 Stocks in 2024. Here's the Best of the Bunch for 2025. »