Traders work on the floor of the New York Stock Exchange (NYSE) May 30, 2023. Brendan McDermid | Reuters Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, and a big downturn could be incoming, according to Julian Howard, investment director for multi-asset solutions at GAM Investments. Despite the
admin
Plans for a universal basic income trial have just been published in the U.K. by think tank Autonomy. Tashdique Mehtaj Ahmed | Moment | Getty Images Receiving free cash from the government when nothing is expected in return might sound like a utopian dream. But it could soon be a reality for some in the
Jackyenjoyphotography | Moment | Getty Images Investors who are skittish about the ups and downs of the stock market can borrow an easy 401(k) investment strategy to calm their nerves and be more disciplined with their money — and reap the potential financial benefits. The strategy is called “dollar-cost averaging.” It entails investing money in
Beer isn’t as much of a bargain as it used to be. Americans are drinking fewer brews, and the sector is steadily losing market share to spirits. Beer companies, faced with rising operating costs in areas like packaging and transportation, have raised prices and seen bigger profits, with consumers footing the bill. related investing news Here’s
A food delivery worker sits outside a restaurant at a shopping mall in Beijing on May 30, 2023. Jade Gao | Afp | Getty Images BEIJING — China’s economic recovery from the pandemic is set to broaden, meaning the country isn’t headed toward Japan-style stagnation just yet, according to Macquarie’s Chief China Economist Larry Hu.
Francesco Riccardo Iacomino | Moment | Getty Images Persistent inflation and higher interest rates have strained many household budgets, and consumers are shying away from some purchases such as home improvement projects or apparel. But millions of U.S. consumers aren’t giving up their vacations. A Deloitte survey from last month found that 50% of respondents
In this article DD MMM Follow your favorite stocksCREATE FREE ACCOUNT Just outside of Bangor, Maine — the hometown of renowned horror author Stephen King — more than 500 students, faculty and staff arrive at Hermon High School each day. But since November, they can no longer drink the water. All the fountains are taped
In this article JACK CELH TFII-CA UAL PRTS CZR LOVE FIVE SAIA DSKE Follow your favorite stocksCREATE FREE ACCOUNT A man carrying a box leaves a Deutsche Bank office in London, Britain July 8, 2019. Simon Dawson | Reuters Despite the disruption from the pandemic, the services sector has continued to grow over the past
Djelics | E+ | Getty Images Richelle Brooks’ budget is already tight. She doesn’t know what she’s going to do when federal student loan payments resume in the fall. The single mother of two has seen all her expenses rise over the last few years amid high inflation. “I go grocery shopping and spend $300
People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City. Robert Nickelsberg | Getty Images During the Great Recession, consumers hunted for bargains, trading down to cheaper restaurants or picking the least expensive menu options. But today, as inflation puts pressure on their wallets, consumers
In this article VSCO LCID VEEV OKTA CRM AI PSTG CRWD PVH HRL CHWY NTAP DG BLUE Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of a Dollar General store in Vallejo, California, March 17, 2022. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday. Dollar
The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field on May 17, 2022 in Cleveland, Ohio. George Kubas | Diamond Images | Getty Images Diamond Sports, the owner of regional sports networks, was ordered this week by a bankruptcy
A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI & Technology ETF (CHAT) less than 20 days ago. It’s the first-ever exchange-traded fund designed to track companies involved in generative AI and other related technologies. “These companies, we believe, are not just a fad.
In this article NRG Follow your favorite stocksCREATE FREE ACCOUNT Vm | E+ | Getty Images Company: NRG Energy (NRG) Business: NRG Energy is an integrated power company involved in producing and selling electricity and related products and services to residential, commercial, industrial and wholesale customers. It generates electricity using natural gas, coal, oil, solar,
A software and robotics machine called mGripAI from Massachusetts-based Soft Robotics sorts artifical pieces of chicken into trays for packaging at an automation conference held by the Association for Advancing Automation in Detroit. Michael Wayland / CNBC DETROIT — The automotive and logistics industries are no strangers to robots. They’re among the most heavily invested
A waiter works at a restaurant in Alexandria, Virginia, on June 3, 2022. Olivier Douliery | AFP | Getty Images The U.S. payrolls report for May blew past expectations, supported by strong jobs gains in the professional and business services sector — as well as a jump in government employment. Professional and business services led
You might think it’s worth sacrificing vacations, family time and sleep for your career — especially if it leads to a raise or promotion. It’ll also make you a lot unhappier, says former U.S. president Barack Obama. “What you want is a balance,” Obama told LinkedIn News‘ “This Is Working” podcast on Thursday. “Young people
In this article ABI-BE BUD TGT KSS VFC TAP Follow your favorite stocksCREATE FREE ACCOUNT Pride Month merchandise is displayed at a Target store on May 31, 2023 in San Francisco, California. Justin Sullivan | Getty Images Even before Pride month was underway, it seems as if it was open season on companies celebrating the
Pixdeluxe | E+ | Getty Images Retirement savers who withdrew money from their accounts in the early days of the Covid-19 pandemic may have just days or weeks left to repay those funds and reap the tax benefits. The CARES Act — a federal relief law passed in March 2020 — allowed savers to pull
Shipping containers are seen at a terminal inside the Port of Oakland. Carlos Barria | Reuters West Coast ports are shutting down as union workers “no show” after a breakdown in negotiations with port management. The Port of Oakland was shut down Friday morning due to insufficient labor for terminal operations, a stoppage that is