It’s early Sunday morning, and the silence of a long week is broken by the sound of Mr. Smith’s cell phone on his nightstand. It’s the hospital calling about his daughter, who has been injured and is in intensive care. Mr. Smith rattles off question after question about how his daughter is doing with only… Continue reading Ultimate College Guide for Parents
5 Fantastic Actively Managed Fidelity Funds to Buy | Kiplinger
mutual funds In a stock picker’s market, it’s sometimes best to leave the driving to the pros. These Fidelity funds provide investors solid active management at low costs.2022 is a stock picker’s market. What does that mean? Put simply, it means that well-implemented active strategies can have better odds of outperforming compared to passive strategies.… Continue reading 5 Fantastic Actively Managed Fidelity Funds to Buy | Kiplinger
Stock Market Today: Stocks Resume Rally on Strong Earnings, Economic Data | Kiplinger
Stock Market Today The ISM services index and the latest reading on factory orders both came in higher than expected.The major market indexes ran higher right from the start on Wednesday – and never looked back. Helping boost investor sentiment were a pair of economic reports that indicated the U.S. economy is still growing. Data… Continue reading Stock Market Today: Stocks Resume Rally on Strong Earnings, Economic Data | Kiplinger
European gas stockpiles are set to cost countries 10 times the usual amount for winter storage amid Russia’s energy cutoff
European nations will have to pay $51 billion, or 10 times the usual amount, to fill up winter gas stockpiles this year, per Reuters. Countries remain on track to reach a gas storage filling target amid the continent’s energy crunch. European gas stockpiles are 70% full, and have built up storage through curbing demand. Loading… Continue reading European gas stockpiles are set to cost countries 10 times the usual amount for winter storage amid Russia’s energy cutoff
Bank of England hikes interest rates by 50 basis points as it tries to tame soaring inflation
The Bank of England hiked interest rates by 50 basis points on Thursday in an effort to tame soaring prices. Inflation rocketed to 9.4% year-on-year in June, and the BoE now expects it to hit 13% by the end of the year. It was the BoE’s biggest rate increase since 1995, and follows similarly big… Continue reading Bank of England hikes interest rates by 50 basis points as it tries to tame soaring inflation
2022 Fortune Global 500 List Released, With Country Garden Rising to the 138th
, /PRNewswire/ — On August 3, Fortune magazine released its latest Fortune Global 500 list, on which Country Garden Holdings (“Country Garden”) (02007.HK), China’s leading real estate developer, moved up to the 138th. This marks the sixth consecutive year that Country Garden has been included in the list since its debut in 2017, demonstrating the… Continue reading 2022 Fortune Global 500 List Released, With Country Garden Rising to the 138th
Evercore says to brace for more volatility ahead of a ‘dangerous month’ as the bear market drags on
The bear market will drag on as the Federal Reserve stays hawkish, according to Evercore ISI’s Julian Emanuel. He warned investors to brace for a “dangerous month” where the sell-off could easily continue. Market uncertainty will likely continue until the Fed stops raising interest rates, Emanuel said. Loading Something is loading. Investors should continue to… Continue reading Evercore says to brace for more volatility ahead of a ‘dangerous month’ as the bear market drags on
Germany would plunge into a 2009-style recession if Russia cuts off natural gas supplies, Commerzbank warns
Germany would tumble into a deep recession if Russia cuts off natural gas supplies altogether, Commerzbank has warned. The bank said Wednesday that Europe’s biggest economy could shrink 2.7% this year in a worst-case scenario. Policymakers are increasingly concerned Russia could halt flows, after it slashed supplies to 20% of capacity. Loading Something is loading.… Continue reading Germany would plunge into a 2009-style recession if Russia cuts off natural gas supplies, Commerzbank warns
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