TD’s Settlement: A $3 Billion Blow to U.S. Growth
TD Bank faces a substantial $3 billion penalty and growth restrictions in the U.S. after failing to establish effective anti-money-laundering...
China’s Market Turmoil: What’s Driving the Surge?
The S&P 500 and Dow Jones Industrial Average both closed at record highs on Wednesday.
IPO Dreams Dashed: Bank of America Under Investigation
Bank of America finds itself in a challenging position as allegations surface that employees in India shared nonpublic information with...
Oil Prices and Fed Decisions: A Volatile Week Ahead
Investors held their breath as US stock futures and European equities remained flat ahead of crucial US inflation data.
From Skeptics to Believers: Hedge Funds Embrace Crypto in 2024
Nearly half of traditional hedge funds have started investing in cryptocurrencies, marking a significant shift from previous years.
FTX Payouts: A New Hope for Crypto Recovery?
FTX creditors are poised to receive over $12 billion in a court-approved payout plan.
Federal Reserve’s September Rate Cut: A Bold Decision
The Federal Reserve's recent meeting unveiled a split among officials regarding September's interest rate cut.
S&P 500 and Nasdaq Climb as Tech Stocks Lead
Tech stocks drove the S&P 500 up by 1% and the Nasdaq Composite by 1.4% on Tuesday.
Nvidia’s Rally Powers Market Rebound: Are Rate Cuts Next?
The world's largest tech companies, notably Nvidia, propelled the stock market higher.
Funding Market Frenzy: What December Could Mean for Your Investments
The US funding market is bracing for potential turbulence as December approaches.
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser