Investing

Although the U.S. Bureau of Labor Statistics showed the unemployment rate hitting 3.9% in December 2021, the lowest it has been since January 2001, the COVID-19 pandemic is surging with the advent of the new omicron variant, and many Americans remain jobless. A good number of those are by choice, with 4.2 million people quitting
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In this article SPCE Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Virgin Galactic announced Friday that Chairman Chamath Palihapitiya is stepping down from the space-tourism company’s board of directors, effective immediately. Palihapitiya’s SPAC, or special purpose acquisition
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A SpaceX Falcon 9 rocket and Dragon spacecraft ahead of the Inspiration4 mission in Merritt Island, Florida, U.S., on Wednesday, Sept. 15, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Elon Musk’s SpaceX is splitting the value of its common stock 10-for-1, CNBC has learned, with the company’s valuation having soared to more than
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Europe faces a moment of great peril. Hopes earlier this week that Vladimir Putin was backing away from a potential invasion of Ukraine quickly faded. After Moscow announced some of the troops it had amassed around its neighbour would return to base, satellite images showed the opposite. Russia’s president repeated baseless claims of “genocide” against
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When selecting a security for investment, traders look at its historical volatility to help determine the relative risk of a potential trade. Numerous metrics measure volatility in differing contexts, and each trader has their favorites. A firm understanding of the concept of volatility and how it is determined is essential to successful investing. The most
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A taste of kaya, the Malaysian jam made from coconut, eggs and caramel, may change your breakfast habits forever. It originated among the Hainanese community of the Malay peninsula, who tweaked the traditional coconut jams found elsewhere around Asia. In traditional Hainanese cafes (kopitiams), still found all over Singapore and Malaysia, it is smeared on
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If you are buying or selling a car, one of the most important steps is transferring the car’s title. That document is the legal proof of who actually owns the car, so it’s important to have and to keep in a safe place. Whether you’re the buyer or seller, here’s what you need to know
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Homeownership is saddled with a lot of financial terms that may end up sounding like another language to the average person. Sign on the dotted line of a fixed-rate or adjustable-rate mortgage, and you’re immediately responsible for paying back its principal by the end of its 15- or 30-year term—all while keeping its annual percentage
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Walmart eked out unexpectedly better sales in its holiday quarter and delivered an upbeat outlook, as the retailer known for price “rollbacks” navigated shipping logjams and surging inflation. The Arkansas-based retailer predicted net sales for the current financial year will rise “about” 3 per cent in constant currency measures, the company said on Thursday, ahead
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Vanguard funds, including exchange-traded funds (ETFs) and mutual funds, allow investors to obtain exposure to equity and bond markets at reasonable costs with highly competitive expense ratios in the fund industry. Vanguard funds typically come with no load fees, and many are available free of transaction fees through numerous investment broker platforms. The Morningstar rating
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French luxury group Kering has delivered strong fourth-quarter sales at its Gucci brand, a significant profit driver, as 100th anniversary events and a new collection attracted shoppers, showing how the sector is prospering despite the pandemic. The group’s shares rose 7 per cent in morning trading in Paris on Thursday, making it the biggest gainer
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France will vote over two rounds in April on whether to give President Emmanuel Macron a second five-year term or entrust a different candidate with the presidency in an unpredictable election that could mark a shift to the right in French politics. The first round of voting, which includes all candidates who get enough signatures
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Ministers must urgently ensure that the postmasters who won their legal battle against the state-owned Post Office and exposed “the worst miscarriage of justice” in recent British history were fully compensated, a parliamentary committee has demanded. MPs on the House of Commons business, energy and industrial strategy committee in a report published on Thursday said
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Giving stock instead of cash as a donation can greatly benefit the donor as well as the recipient. You will find that many charities, hospitals, schools, donor-advised funds, and other nonprofit organizations will accept stock as a gift. Key Takeaways Many non-profits, such as hospitals, schools, and various other organizations, will accept stock as a
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Children aged five to 11 in England are to be offered a Covid-19 vaccine, but not until April, the government announced on Wednesday. Unveiling the plan, health secretary Sajid Javid made clear that Covid vaccination for adults, and young people whose health is vulnerable, was the priority, alongside immunisation programmes against childhood diseases. Javid’s decision,
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