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Economy

“Wealth creation is booming as multimillionaire population jumps 5.2% in the U.S.”

March 6, 2025

“…The number of high-net worth individuals — or those with assets worth more than $10 million — rose 4.4% worldwide in 2024, to 2,341,378, but jumped 5.2% in North America, according to the annual Wealth Report by global real estate consultancy Knight… Continue Reading…

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Economy

Ukraine: Trump’s Pauses Military Aid

March 4, 2025

“Ukraine said on Tuesday its forces could hold their own on the battlefield as they fight Russian troops after U.S. President Donald Trump paused military aid to Kyiv in the most dramatic step yet in his pivot towards closer ties… Continue Reading…

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Economy

“London is richer than anywhere else in Britain – but the city is dying” [Aging Population]

February 24, 2025

“London isn’t as young and vibrant as it used to be. It may be the richest and most productive city in Britain, but the capital is also ageing at the same rate as England’s rural villages… Between 2001 and 2022,… Continue Reading…

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Energy

“U.S. crude oil falls nearly 3%, closes below $68 on report Saudi committed to production increase”

September 30, 2024

“…Prices are also under pressure on the expectation that oil production will rise in Libya. Factions in the North African country reached a deal Wednesday to appoint a new central bank governor. A political dispute over who should lead the… Continue Reading…

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Economy

“Trump threatens ’200% tariff’ if John Deere moves production to Mexico”

September 25, 2024

“Former President Donald Trump threatened John Deere with a 200% tariff if the agricultural manufacturer moves some of its production to factories in Mexico. John Deere plans to shift production of some of its models to Mexico, a move that… Continue Reading…

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Business

“…California sues ExxonMobil, alleging deception about plastics recycling”

September 25, 2024

“…“Exxon Mobil knew that 95% of the plastic in the blue bin was going to be incinerated, go into the environment or go into a landfill,” California Attorney General Rob Bonta said in an interview. “They knew and they lied.”… Continue Reading…

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Business

“UAE hoping to expand $1 trillion partnership with U.S. through AI, Investment”

September 24, 2024

“Emirati President Sheikh Mohammed bin Zayed Al Nahyan’s first official trip to the United States aims to push the United Arab Emirates-U.S. relationship to a new “geo-economic phase” centered on economic growth and innovation, top officials said ahead of a… Continue Reading…

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Banking

“10-year Treasury yield gains for week even after Fed rate cut”

September 24, 2024

“…The 10-year Treasury yield was last down around 1 basis point at 3.732%. The 2-year Treasury note yield fell around 2 basis points at 3.585%. The yield on the 10-year Treasury was higher by almost 8 basis points for the… Continue Reading…

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Banking

“Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020”

September 19, 2024

“The Federal Reserve on Wednesday said it is cutting its benchmark interest rate by 0.50 percentage points, marking the first reduction in four years and moving to ease borrowing costs as inflation-weary consumers are grappling with high rates on everything… Continue Reading…

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Stocks

“…High-Yield Dividend Stock [UPS] That’s Down 45%”

September 4, 2024

“…Why has UPS stock plunged roughly 45%? The short answer is that the company’s revenue and earnings have declined. That’s all investors need to bail out on a stock. Several factors contributed to UPS’ declining financial fortunes, though…” https://finance.yahoo.com/news/once-decade-opportunity-buy-magnificent-095000113.html

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