The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12, 2018. Brent Lewin | Bloomberg | Getty Images The U.S. Federal Reserve is expected to cut interest rates later this year and, while that may not be good […]
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China will showcase its domestic jetliner at the Singapore Airshow. Here’s what else to expect
A model of Comac’s C919 aircraft at the Singapore Airshow on Feb. 6, 2018. SeongJoon Cho / Bloomberg / Getty Images SINGAPORE — China is gearing up to showcase its narrow-body passenger jet to a global audience for the first time at the Singapore Airshow. Touted as a competitor to […]
Sony plunged $10 billion after its PS5 sales cut. But a bigger issue is its near decade low games margin
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Around $10 billion of value was wiped off Sony’s stock last week, after the Japanese tech giant cut its sales forecast for its flagship PlayStation 5 console for the fiscal year. Analysts, who already thought […]
This popular ETF trend is helping investors manage risk exposure
While some investors are concerned that exchange-traded funds with options overlays could limit returns, experts see a key benefit at play. Morgan Stanley’s global head of ETFs Tony Rochte suggests that hedging strategies like options — serving as a bet against a fund’s equity position — also protect against significant […]
2 out of 5 industrial stocks are at record highs. Here’s our post-earnings outlook on all of them
Earnings season was not perfect for our industrial-focused portfolio companies, but we’re feeling pretty good about their prospects for the rest of the year. Shares of two of the five names finished Friday at all-time highs, and we belive the others show promise for patient investors. 1. Eaton Electrical power […]
Black women are the fastest-growing group of entrepreneurs in the U.S.—meet 3 who grew their side hustles into successful businesses
Black women make up less than 10% of the U.S. population, but they’ve emerged as the fastest-growing group of entrepreneurs, new research from GoDaddy has found. The number of Black women-owned businesses in the U.S. was trending upward even before the Covid-19 pandemic, which accelerated entrepreneurship overall. Between 2017 and […]
This airline announced a special flight with a mystery destination—over 1,000 people signed up
Have you ever considered just packing a bag and catching a flight without knowing the destination? Scandinavian Airlines, a Sweden-based carrier, recently announced the opportunity for members of its EuroBonus loyalty program to book a flight experience they call “Destination Unknown.” In a press release, the airline says that “within […]
Top Wall Street analysts like these 3 stocks for long-term growth
Inflation worries and concerns around the timing of the Federal Reserve’s rate cuts have shaken the market, but attractive stocks are available if you know where to look. Wall Street analysts are ignoring the short-term noise to focus on picking stocks with strong fundamentals and long-term growth potential. Here are […]
3 simple ways to teach your kid about money and ‘change their life,’ says Harvard-trained investor and author
Talking to a child about money may sound unnecessary, or even daunting. But kids can typically grasp concepts about money as early as age 6, experts say, and research shows that they form permanent money habits as early as age 7. Learning how to manage money and plan for their financial […]
‘It is urgent’: European leaders appeal for greater support for Ukraine as Russia makes major gain
Mette Frederiksen, Denmark’s prime minister, speaks on day two of the Munich Security Conference in Munich, Germany, on Saturday, Feb. 17, 2024. Bloomberg | Getty Images MUNICH, Germany — The West is suffering a “colossal failure of imagination” in thinking Russia’s war in Ukraine will not hit them next, European […]