Want to trade US stocks but don’t have the time to do research every day? SoFi App’s new feature “Market Updates” provides summarized US stock market insights. With the SoFi App, US stock market updates can now be found at your fingertips. Spotlight Recap – making it easier to discover trending stocks After logging in…Read more
Dominant Dollar The U.S. dollar is the world’s reserve currency. But the share of global foreign exchange currency reserves held in U.S. dollars is at a 25-year low. That might sound drastic — but it doesn’t mean the dollar’s dominance is in contention. De-Dollarization In the second quarter of 2023, the share of U.S. dollar…Read more
Bounce Back After five consecutive months of rising retail sales, it’s clear that American consumers aren’t afraid to treat themselves, even in an uncertain economic landscape. Discretionary spending is bouncing back from its pandemic slowdown, helped, in part, by high prices that keep sales chugging along. And that’s just it: Higher prices mean Americans are…Read more
