Apple and JPMorgan: A New Power Duo in the Credit Card Market?
JPMorgan Chase is negotiating with Apple to take over Goldman Sachs' role as the issuer of the Apple credit card.
US Housing Boom: Starts Soar to Highest Levels Since April!
In September, US housing starts surged by 7%, reaching an annual rate of 1.45 million units.
Lithium Stocks Surge: Can They Sustain Amid Oversupply Fears?
Lithium prices surged by 15% this quarter, driven by increasing demand from the electric vehicle (EV) sector.
Salesforce’s AI Vision: Game-Changer or Overhyped?
Salesforce unveiled its latest AI-driven innovations aimed at transforming customer relationship management (CRM) and enhancing operational efficiency.
US Retail Sales Defy Expectations with August Surprise: What It Means for Investors
US retail sales unexpectedly increased by 0.1% in August, contrary to the anticipated 0.2% drop.
Oil Prices Hold Steady: What the US Rate Decision Means for Investors
Oil prices held steady as investors focused on the upcoming US Federal Reserve rate decision.
Fed Rate Cuts on Horizon: What It Means for Your Portfolio
The Federal Reserve is poised to cut interest rates as economic indicators suggest a slowdown.
Meta Cracks Down on Russian Propaganda: How Will Markets React?
Meta Platforms has banned Russian TV channel RT from Facebook and Instagram, following U.S. sanctions against the media outlet for...
Consumers Drowning in Debt: Are You Holding the Right Kind?
Consumers are increasingly burdened by high-interest debt, with credit card balances reaching $930 billion in the first quarter of 2023.
Renewable Energy Saves the Day: Power Grid Survives Extreme Heatwave”
Record-breaking heatwaves put unprecedented stress on the power grid, testing its resilience.
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser