H money news

Here are the latest news and updates on money and finance:

Market Updates

• The Dow Jones Industrial Average closed at 34,511.21, up 0.2% from yesterday's close.
• The S&P 500 index rose 0.3% to 4,233.85.
• The Nasdaq composite index gained 0.4% to 13,741.21.

Economic News

• The US economy added 379,000 jobs in February, exceeding expectations and marking the 12th consecutive month of job growth.
• The unemployment rate fell to 6.2%, the lowest level since February 2020.
• The Federal Reserve kept interest rates unchanged, citing the need to support the economic recovery.

Personal Finance

• The average credit card debt per household in the US is now over $6,000, according to a new report from NerdWallet.
• A survey by Bankrate found that 23% of Americans have no emergency savings, while 44% have less than $1,000 set aside.
• The IRS is warning taxpayers to be cautious of phishing scams and identity theft as tax season gets underway.

Investing

• The price of Bitcoin fell 4.5% to around $52,000, following a surge in recent weeks.
• The S&P 500 index is up 4.5% so far this year, while the Nasdaq composite index is up 5.5%.
• A new report from Goldman Sachs suggests that the US stock market could continue to rise in the coming months, driven by strong economic growth and low interest rates.

Business

• Amazon announced plans to hire 100,000 new workers in the US, as the company continues to expand its operations.
• Tesla's stock price surged 10% after the company reported a surprise profit in the fourth quarter.
• The US Chamber of Commerce is urging Congress to pass a new stimulus package to support small businesses and the economy.