published 17 January 2023 Assessing and managing financial risk is one of the cornerstones of investing and financial planning. Taking sufficient risk is necessary to grow one’s wealth. However, taking too much risk can lead to financial ruin. The key to increase the probability of financial success is identifying the risk within your financial strategy… Continue reading 10 Strategies for Managing Financial Risk in Market Downturns
Roblox jumps to 2-month high as the games platform posts rise in monthly bookings
Roblox shares finished at their strongest price in more than two months on Tuesday. The 12% rally was sparked by the December bookings report from the online games platform. Bookings, the company’s way of keeping tabs on its Robux currency, rose by up to 20% last month. Loading Something is loading. Thanks for signing up!… Continue reading Roblox jumps to 2-month high as the games platform posts rise in monthly bookings
US stocks close mixed as Dow dives nearly 400 points on weak Goldman Sachs earnings
Brian Evans Wall Street has been hit by a brutal market sell-off this year. Spencer Platt/Getty Images US stocks closed mixed on Tuesday as investors digested the latest earnings data. Goldman Sachs missed fourth-quarter estimates, while Morgan Stanley exceeded expectations. The New York Fed’s Empire State Manufacturing Index declined nearly 22 points to -32.9, the… Continue reading US stocks close mixed as Dow dives nearly 400 points on weak Goldman Sachs earnings
Coinbase soars 10% as crypto markets rally and bitcoin notches highest price since September
Coinbase jumped more than 10% to $53 a share on Tuesday. The extended rally in crypto markets are helping boost shares of the US crypto exchange. Coinbase cut 20% of its workforce last week, citing “increasingly challenging economic conditions.” Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading Coinbase soars 10% as crypto markets rally and bitcoin notches highest price since September
A New York oil dynasty falls victim to Sam Bankman-Fried’s FTX – after suffering big losses from Bernie Madoff and Enron
New York’s Belfer family lost money investing in FTX, according to the Financial Times. Two companies linked to the family had a combined stake in FTX Group that was valued at $34.5 million last year. The oil dynasty also fell victim to Bernie Madoff’s Ponzi scheme and lost billions in the collapse of Enron. Loading… Continue reading A New York oil dynasty falls victim to Sam Bankman-Fried’s FTX – after suffering big losses from Bernie Madoff and Enron
The co-creator of ‘Inspector Gadget’ reportedly had a close relationship with Sam Bankman-Fried’s FTX, which included a secret $50 million loan
Jean Chalopin is co-creator of Inspector Gadget and the chairman of Bahamas-based Deltec Bank. Chalopin secured a secret $50 million loan for Deltec from an FTX-related entity in 2021, according to Forbes. It is one of many lucrative deals between Sam Bankman-Fried’s FTX and Chalopin’s firms. Loading Something is loading. Thanks for signing up! Access… Continue reading The co-creator of ‘Inspector Gadget’ reportedly had a close relationship with Sam Bankman-Fried’s FTX, which included a secret $50 million loan
Battered 60/40 portfolios face another challenging year
Investors will have to hold far more diverse portfolios to deliver similar returns to their long-term averages Author of the article: Financial Times Adrienne Klasa Published Jan 16, 2023 • 4 minute read Join the conversation A trader works as a screen displays the trading information for BlackRock Inc. on the floor of the New… Continue reading Battered 60/40 portfolios face another challenging year
Peter Hall: This is how Canada can fix chronic labour shortages
The list of solutions is surprisingly long Canada’s unemployment rate is at a half-century low, while labour force participation is at a record high. Photo by Winnipeg Sun “Tight” is an inadequate adjective for today’s labour market. Canada’s current paucity of spare labour — at all skill levels — is one of the top complaints… Continue reading Peter Hall: This is how Canada can fix chronic labour shortages