For decades, the global supply chain has been powered by the dirtiest, cheapest fuel, a sludgy byproduct of oil refineries, called bunker fuel or marine fuel oil. Black smoke billowed from the world’s fleet of 50,000 cargo vessels, accumulating to 3% of annual global carbon emissions, a larger share than all but six countries. But […]
Read MoreA pie chart shows an investor’s asset allocation. Dalbar, a financial market research firm, has its own strategy called Prudent Asset Allocation. How much cash do you have in your portfolio? While conventional wisdom suggests limiting the size of your cash position, a recent study from Dalbar calls for holding enough cash and cash equivalents […]
Read MoreAstraZeneca PLC (AZN) AstraZeneca PLC discovers, develops, manufactures, and commercializes prescription medicines in the areas of oncology, cardiovascular, renal and metabolism, respiratory, infection, neuroscience, and gastroenterology worldwide. GlaxoSmithKline plc (GSK) GlaxoSmithKline plc, together with its subsidiaries, engages in the creation, discovery, development, manufacture, and marketing of pharmaceutical products, vaccines, over-the-counter medicines, and health-related consumer products […]
Read MoreThis company operates as an independent oil and gas exploration and production company in the United States. The company explores for, develops, and produces oil, natural gas liquids (NGLs), and gas. It has operations in the Permian Basin in West Texas. PXD $206.9100 -8.0900 % -3.7600 Pioneer Natural Resources Company Sector : Oils-Energy Industry : […]
Read MoreRise of early retirement threatens pension poverty timebomb Boris Johnson came out fighting at Prime Minister’s Questions in the Commons last week. The besieged premier chose the jobs market as one of his battlegrounds. “We have more employees on the payroll now than before the pandemic began, and youth unemployment is at a record low,” […]
Read MoreThe Internal Revenue Service (IRS) has announced that contribution limits for 401(k)s, 403(b)s, most 457 plans, thrift savings plans (TSPs), and other qualified retirement plans will rise by $1,000 for 2022, going from $19,500 to $20,500. However, contribution limits for individual retirement accounts (IRAs), whether traditional or Roth, will remain the same at $6,000. In addition, the […]
Read More(Bloomberg) — For Bitcoin, there’s only been one constant recently: decline after decline after decline. And the superlatives have piled up really quickly. With the Federal Reserve intending to withdraw stimulus from the market, riskier assets the world over have suffered. Bitcoin, the largest digital asset, lost more than 12% Friday and dropped below $36,000 […]
Read MoreMortgage rates surged again this week on inflation concerns, hitting the highest point in 22 months that sent homebuyers scrambling to lock in rates. Many homeowners, on the other hand, face a shrinking opportunity to refinance. The rate on the 30-year fixed rate mortgage – the most common home loan for buyers – increased to […]
Read MoreFederal Reserve Jerome Powell after testifying at a Senate confirmation hearing on Jan. 11. Samuel Corum/Bloomberg Watch what they say, not what they do, at the Federal Open Market Committee meeting this coming week. The obverse of the famous advice from Richard Nixon’s attorney general, John Mitchell, is what economists and market participants will be […]
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