(Bloomberg) — The team leader for quantitative stocks trading at China’s $1.2 trillion sovereign wealth fund has resigned, joining a growing list of departures among the firm’s investing professionals, according to people familiar with the matter. Zhang Rong, a director in China Investment Corp.’s public equities department, submitted her resignation in December to seek other […]
Read More(Bloomberg) — Emerging-market central banks were the first in the world to raise interest rates from their pandemic lows last year. That proactive tightening is starting to pay off big time in boosting returns from their local bonds. An index of debt issued by developing nations denominated in their own currencies has returned about 1% […]
Read MoreInvesting.com – The rotation to value from growth stocks has staying power as the sector can count on a powerful ally: A Federal Reserve desperate to rein in inflation. The Invesco S&P 500 Pure Value exchange-traded fund has racked up gains of about 7% this year, while S&P 500 Growth Index is down about 5% […]
Read MoreThe United States needs a more robust strategy in the race to procure critical minerals that will be crucial to meeting any of its clean energy goals. The U.S. has acknowledged that it depends on China for imports of key metals and minerals necessary for the energy transition, supply chains, and national security. Yet, while […]
Read MoreMany people find themselves outside of the formal workforce from time to time. Some end up unemployed by choice while others find themselves without work because of layoffs. These individuals have several options available to them in order to keep the income flowing. For instance, some may join the gig economy while others try consulting, […]
Read More(Bloomberg) — Meme stocks, blank-check companies and high-flying biotech names that were all the rage at the start of 2021 are now running cold. The first two weeks of the year have brought a 17% tumble for a group of stocks that went public via merger with blank-check firms and a 10% correction for the […]
Read MoreA whipsawed Wall Street can expect to see even more volatility ahead as the Federal Reserve gears up its first rate hike campaign of the pandemic era, one investor told Yahoo Finance this week. The Dow dropped 200 points Friday, as markets closed out a volatile week with its second consecutive weekly loss. The new […]
Read MoreEveryone that invests over a long period of time will be forced to deal with some extremely difficult market cycles. The great certainty of the market is that there will be bull and bear cycles, but every cycle plays out differently and creates a new menu of challenges and frustrations. The current market correction is […]
Read MoreMBIA Inc. (MBI) MBIA Inc. provides financial insurance services to public finance markets. It operates through United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions and territories, as well as utilities. Assured Guaranty […]
Read MoreThis company engages in the acquisition, exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds interests in four production sharing concessions, which include West Gharib, West Bakr, NW Gharib, and South Ghazalat, Egypt; TGA $3.2600 0 0 Transglobe Energy Cp Sector : Oils-Energy Industry : Signal Short […]
Read MoreFord Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships […]
Read More(Bloomberg) — The stocks of U.S. technology companies are seeing the worst start to a year since 2016 as fears about runaway inflation imperil the heady valuations left by the market’s run up over the past few years. Following multiple failed attempts this week to rally back strongly, investors remain hesitant to plow heavily back […]
Read MoreIllustration by Federico Gastaldi Technology has managed to replace business trips, visits to the gym, and in-person shopping. But for anyone who has dealt with a leaky faucet or overgrown tree, the Covid era has been another reminder: Good help is hard to find. Angi (ticker: ANGI) has spent the past 25 years trying to […]
Read MoreFederal Reserve Chairman Jerome Powell at his confirmation hearing this week. Brendan Smialowski/AFP/Bloomberg Now, in the winter of our discontent, it shouldn’t be surprising that the Misery Index has made a comeback. Those of a certain age will recall it was a measure conceived in the 1960s by the economist Arthur Okun, then an adviser […]
Read MoreMake less than $73,000? File your taxes for free with an IRS program opening today The only thing worse than slogging through your taxes each year is paying for the privilege. But why pay for help if you can join the tens of millions of Americans who get their taxes done for free? Today the […]
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