Investing

Investors often hear about the importance of diversifying and how much money they should put into each stock or sector. These are all questions that can be applied to a money management system such as the Kelly Criterion, one of the many allocation techniques that can be used to manage money effectively. This system is

Five-starred red flags line the Nanjing Road pedestrian street in Shanghai, China, on June 22, 2021. This year marks the 100th anniversary of the Communist Party of China. Costfoto | Barcroft Media | Getty Images China is at a crucial moment in its political and economic evolution. The political growl that is trying to become

The UK is preparing to become the first big country to administer “mix and match” coronavirus vaccines for its booster programme, according to senior government figures. Many Britons are expected to have a different vaccine to their first two jabs for the third, booster dose, on the basis that it would provide better protection against

The UK economic rebound slowed to a crawl in July as consumers spent less in stores and a shortage of raw materials hit the construction sector. Output rose 0.1 per cent in July compared with the previous month, the Office for National Statistics said on Friday, which is slower than the 1 per cent expansion in

Financial Planning for 2021 Planning for the future can be a difficult and stressful process. There are so many events and deadlines to keep track of and, when it comes to personal finances, missing an important date could be both figuratively and literally costly. To add a little sanity to your life, we created a

The US Department of Justice has sued Texas over a new law that severely restricts access to abortions, arguing it is “in open defiance of the Constitution”. The move is a test of the federal government’s legal powers to challenge a law it deems unconstitutional and to stop other states from introducing similar measures. It

Varo Money’s mobile banking application. Varo Bank has more than tripled its valuation after gaining a national banking charter last year, CNBC has learned. The company is set to announce Thursday that it raised $510 million in a Series E round led by hedge fund Lone Pine Capital and including dozens of new and existing

How well did you keep up with the news this week? Take our quiz.Joe Biden’s administration will demand that US companies force their employees to get vaccinated against Covid-19 or submit to weekly testing as part of a new plan that will also result in government workers being fired if they refuse to take the

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Christine Lagarde said “the lady isn’t tapering”, reassuring bond investors even as the European Central Bank’s president announced it would buy fewer bonds in a sign of confidence in the eurozone’s economic recovery. After a two-day meeting of its governing council, the ECB said on Thursday it had decided to move to “a moderately lower

In this article MA The MasterCard logo on a smartphone arranged in Saint Thomas, Virgin Islands. Gabby Jones | Bloomberg | Getty Images Mastercard has agreed to acquire blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to cryptocurrencies. The payments giant said Thursday it entered into an agreement to

Michael K Williams’s life consisted of more than playing Omar Little in The Wire. But Omar was so magnificently captivating and singular that any account of Williams needs to account for him. Many people consider The Wire the greatest TV show of all time, and Omar its greatest character. The actor, who was found dead

Closed-End Funds vs. Open-End Funds: An Overview Wall Street can be a complicated place. It’s full of products that even some of the experts don’t understand and—much like the $6.2 billion “London Whale” trading loss that took place at JP Morgan in 2012—sometimes complicated investments produce unexpected results. Many of the more complicated investment products are

Cathie Wood, the chief executive of Ark Invest and one of the world’s most closely watched investors, said her fund had significantly reduced its exposure to China, leaving only a portfolio of companies that were identifiably “currying favour” with Beijing. Ark’s sharp strategy shift, she told an audience of institutional fund managers on Thursday, was

In this article RKLB An Electron rocket gets ready to launch. Rocket Lab Rocket Lab signed a five-launch contract with European satellite data company Kinéis, in a deal that adds to the space company’s backlog. Kinéis is building an Internet of Things connectivity constellation with 25 satellites, all of which will be launched to orbit

Lloyd’s of London swung back to profit in the first half as a stronger underwriting performance at the specialist insurance market marked a recovery from the substantial pandemic-related losses suffered last year. Aggregate pre-tax profit at Lloyd’s, where underwriters agree deals with brokers to cover all manner of risks, was £1.4bn in the first half

Financially speaking, divorces can be messy. Between state laws, beneficiaries, and dividing assets, it can become incredibly complicated to untangle your finances from your former spouse. If you find yourself needing to un-merge your money, follow these steps to cover your bases and recover your assets. Key Takeaways Depending on your state of residence, the

In this article SAM Health conscious American millennials have found their drink of choice: alcoholic carbonated water that is lower in calories and carbs than beer and wine. A hard seltzer craze is sweeping the United States as Generation Y and Generation Z pursue healthier lifestyles, influenced by viral trends on Instagram and YouTube. TIMOTHY

US economic growth “downshifted slightly” between June and July as the more contagious Delta variant and labour supply shortages hampered business activity, the Federal Reserve reported on Wednesday. The latest Beige Book report suggested the pace of the recovery from the depths of the pandemic has slowed to a more moderate pace. Scientists are using

Global stocks fell on Wednesday as investors anticipated the unwinding of central bank stimulus measures that have helped prop up markets throughout the coronavirus pandemic. Wall Street’s blue-chip S&P 500 index closed down 0.1 per cent, while the tech-heavy Nasdaq fell 0.6 per cent. Declines were broad-based, with cyclical sectors such as financials and energy

Dental insurance policies help many people effectively budget for the cost of maintaining a great smile. Compared with medical insurance, understanding dental insurance policies is a breeze. Most policies are straightforward and specific regarding which procedures are covered and exactly how much you have to pay out of pocket. Dental insurance is available as part

Covax has slashed its forecasts for coronavirus vaccine deliveries to the developing world by about 25 per cent this year, after India’s export ban, manufacturing problems and delays in approvals of new shots knocked the programme off track.  Deliveries under the scheme to provide vaccines to low- and middle-income countries are ramping up, with 1.1bn

In this article COIN People watch as the logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Coinbase has received notice of a possible enforcement action from the Securities and Exchange Commission related

The EU has criticised the Taliban’s choices for Afghanistan’s new government after the Islamist group named ministers whose inclusion raised doubts over its willingness to meet international conditions for recognition and humanitarian aid. The Taliban announced a caretaker government on Tuesday that included several leaders targeted by UN sanctions and some people on the FBI’s

What Is a Mortgage Company? A mortgage company is a specialized financial firm engaged in the business of originating and/or funding mortgages for residential or commercial property. A mortgage company is often just the originator of a loan; it markets itself to potential borrowers and seeks funding from one of several client financial institutions that

PayPal, the US online payments company, has agreed to acquire Paidy, a Tokyo-based “buy now, pay later” group, for ¥300bn ($2.7bn) in the latest shake-up in the industry. The deal announced late on Tuesday, which will be paid for principally in cash, deepens PayPal’s push into the crowded BNPL sector, in which consumers spread the

As the evening progressed Armin Laschet seemed to sink into his armchair. The leader of Germany’s Christian Democrats was on stage in Berlin last week not to expound on his experience or to explain how he might change his country for the better after 16 years of conservative-led governments. The CDU chancellor-candidate was in conversation

If you’re one of the more than 44 million Americans who rent their homes, you likely have a landlord to call when things go wrong. Unfortunately, some landlords are more attentive than others in addressing their tenants’ problems, sometimes leading to uncomfortable, or even dangerous, living situations. If your landlord fails to make necessary repairs

The CEO of the investment firm running the world’s biggest bitcoin fund sounded off on comments made by Securities and Exchange Commission chair Gary Gensler about the likely approval path for the first U.S. bitcoin ETF. Michael Sonnenshein, CEO of Grayscale Investments, warned on Tuesday that the SEC would be making a mistake if it

A Colombian businessman regarded as the chief dealmaker for Nicolás Maduro’s Venezuelan government is almost certain to be extradited to the US after losing his final legal battle on Tuesday in Cape Verde. The Atlantic island country’s Constitutional Court ruled there was nothing untoward about the detention in June last year of Alex Saab, who