The US Federal Reserve meets next week to decide whether to maintain rates at the current level or to make a beginning to its monetary easing policy. But, before that the focus is now on the US CPI numbers for February, which are due today. The February 2024 CPI data are scheduled to be released … Read more
If your pension or investment account rose in value last year, you may be tempted to credit your own stock and fund-picking prowess or an overall recovery in financial markets. Yet, there is a strong possibility that you owe a sizable proportion of your improved fortunes to just seven companies. These seven are now so … Read more
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If the consensus on Wall Street is often wrong — and evidence from 2023 does little to dispel that notion — then in the year ahead investors are facing either the mother of all rallies or a selloff for the ages. That’s because most investment outlooks from major banks, advisers and asset managers envisage the … Read more
Dec. 17, 2023 11:38 am ET Most Americans probably heard of the Harvard Corp. for the first time last week, when it issued a supercilious statement affirming its support for Harvard President Claudine Gay. The corporation, Harvard’s governing body, wrote that Ms. Gay “is the right leader to help our community heal and to address … Read more
The equity market is booming, and a lot of industry insiders and market players might have been taken by surprise. As leading market indices continue to rise, investors may be starting to feel the fear of missing out (FOMO). 20% gain has already been recorded by S&P 500 while the tech-heavy Nasdaq 100 is up … Read more
It’s official: Mark Cuban says he’s leaving ABC’s “Shark Tank” after more than a decade on the show. The billionaire entrepreneur and investor plans to move on after Season 16 ends in 2025, he told The Hollywood Reporter on Monday. “I just want to have a couple summers with my teens before they go off … Read more
S&P Merval Index (STAR) Sure, he has a strange hairdo, takes advice from his cloned dogs and often campaigned with a chainsaw. But Javier Milei’s pledge to radically overhaul Argentina’s troubled economy is resonating with investors, who pushed the country’s main stock index to its best week in decades after the far-right populist won last … Read more
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Cryptocurrency investors can now buy a coin pegged to the New Zealand dollar, making swapping our traditional currency for crypto faster and simpler. A company linked to the local crypto-trading platform Easy Crypto launched NZDD on Wednesday as a means to increase investor uptake of cryptocurrency – a first that beats the Reserve Bank of … Read more
Mandarin Oriental was named the best luxury hotel brand in the world. Source: LTI — Luxury Travel Intelligence There are rankings of the best hotels in the world. But a new list, released by the members-only group LTI – Luxury Travel Intelligence, ranks hotel brands rather than individual properties. The ranking analyzes many hotels within … Read more