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Hello from London, where the headlines have been dominated by an alleged wave of lockdown-busting parties at the heart of government. While the police work to ascertain the facts behind that scandal, others continue to work on a still more important puzzle: the question of how the UK will achieve its goal of reaching net-zero

The basic financial skills American adults need in order to succeed in life aren’t often taught in a classroom. For many people, there are no lesson plans and no standards for minimum financial literacy. They are just sent out into a world overflowing with opportunities to get into debt. At best, their financial sensibilities may

Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters Billionaire investor Ken Griffin’s hedge funds scored gains in January despite the tech rout that crushed the market, as the spike in volatility and steep sell-off in growth stocks created an ideal environment for fast-money traders. Citadel’s multistrategy flagship fund Wellington increased 4.71% last month,

In late September, as a liquidity crisis at Evergrande put traders on high alert around the world, the bond prices of another Chinese property developer told a different story. Shanghai-based Shimao, named after a father and son duo who have run the company since 2001, was rated investment grade by Fitch and deemed a safe

Stocks on Wall Street slid by the most in almost a year on Thursday after a disappointing earnings report from Facebook parent Meta reverberated through the market. The S&P 500 index fell 2.4 per cent, its biggest drop since February 2021, driven largely by falls in tech stocks that dominate the blue-chip US index. The

Microsoft Corporation (NYSE: MSFT) was formed in 1975 by Bill Gates and Paul Allen, as they rushed to create an operating system for the Altair 8800 microcomputer. The Altair 8800 was arguably the first microcomputer that kicked off the computer revolution, and with it came Altair Basic, a licensed version of Microsoft Basic. Microsoft Basic

In this article C Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Chip Somodevilla | Getty Images Frustration has

Thursday at noon was the moment the Bank of England got really tough with the British public. To return inflation from an expected peak of 7.25 per cent in April to the central bank’s 2 per cent target, the BoE announced action that will hurt most households at the worst possible moment. The BoE monetary

Boris Johnson was on Thursday publicly criticised by chancellor Rishi Sunak over his conduct, on a day of chaos when four of the prime minister’s most senior aides left Downing Street. Munira Mirza, Johnson’s policy unit chief and close ally for almost 15 years, quit, denouncing Johnson’s claim on Monday that Labour leader Sir Keir

Key Takeaways Monthly active users came in at 2.9 billion, matching analysts’ forecasts. Facebook (Meta) uses monthly active users to measure the size of its global active user base, which it monetizes through the sale of ad space on its social media platform. The company says that cost inflation and supply chain disruptions are having

Northern Ireland’s first minister was poised to tender his resignation on Thursday as a row intensified over checks on food and agricultural goods entering the region from Great Britain under post-Brexit rules. BBC Radio Ulster reported that the Democratic Unionist Party’s Paul Givan, who heads up the power-sharing executive, had written his resignation letter and

This week’s ballistic missile attack on the United Arab Emirates, the third assault from Iran-backed forces in Yemen in January, seems to be expanding the bellicose message Tehran is sending across the Gulf and the Middle East, as well as taking square aim at a thriving but vulnerable tourism, trade and financial hub with a reputation

With so many things to consider when deciding whether or not to buy a stock, it’s easy to omit some important considerations. The stop-loss order may be one of those factors. When used appropriately, a stop-loss order can make a world of a difference. And just about everybody can benefit from this tool. Key Takeaways

In this article LATGU FOUN A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City. Eduardo Munoz Alvarez / Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) The oversaturated SPAC market is continuing to get

British Airways passengers may yearn for silver service in the skies. They are getting a free bottle of water and a packet of crisps. Newish boss Sean Doyle has pledged to restore the airline’s reputation for premium customer service. It’s a sensible strategy. BA has pursued it more or less successfully for decades. The problem

Investors wiped almost $200bn from the market valuation of Facebook owner Meta as it warned that its users were spending more time on newer rivals such as ByteDance’s TikTok. Shares in the company plummeted more than 20 per cent in after-hours trading on Wednesday after Meta said it expected its first-quarter revenues to fall short

If you are a Canadian citizen but you live and work in the United States, then you may not contribute to a registered retirement savings plan (RRSP) account. RRSP contribution rules allow you to contribute a certain percentage of your earned income to your account. But because you are employed and reside in the U.S.,

In this article MSTR BTC.CM= Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the Street,” stressing as

A Northern Ireland minister has ordered a halt to post-Brexit customs checks on agriculture-related goods in the most concrete defiance to date of trading rules put in place when the UK left the EU a year ago. Edwin Poots, the agriculture minister, announced his decision in Belfast on Wednesday after taking legal advice which he

More than two years after Boris Johnson came to power with a promise to “level up” the UK, his government published a policy prospectus on Wednesday on which it intends to be judged by voters at the next general election and beyond. In a 332-page document delivered by Michael Gove, the levelling up minister, the

General Electric Co. (GE) is a global industrial company that provides power generation, renewable energy, industrial aviation products, and healthcare products and services. The company also offers financial products and services. GE serves customers in 130 countries and has manufacturing and service operations globally. GE operates in industries that require continual investment in research and

The head of Vodafone has hit back against suggestions that the telecom group’s strategy over the past year had been shaped by activist investor Cevian Capital, which has built a stake in the company with the aim of shaking up the business and improving lacklustre shareholder returns. Chief executive Nick Read said that looking for

Boris Johnson is preparing to announce measures to contain soaring energy bills, with a package that could reduce the cost by £200 per household and give extra help to vulnerable people. The UK prime minister wants to unveil the plan to help tackle the cost of living crisis to coincide with an announcement on Thursday

The stock market reflects all known information as stated by the efficient market hypothesis, processing and assimilating new data rapidly through the mechanism of buying and selling. The stock market is also forward-looking, which explains why a company’s stock may fall, even when reported earnings improve from the previous quarter. Apple’s stock history is a

CNBC’s Jim Cramer said Tuesday that now is the time to ditch stocks of unprofitable companies. “This is your chance to free yourself of those companies … that don’t have any revenues, don’t have any earnings, all 50 times sales,” Cramer said on “Squawk on the Street,” referring to stocks that sell at high price-to-sales

Peru’s embattled leftwing president Pedro Castillo announced the third cabinet of his turbulent six months in office on Tuesday, naming a new prime minister and replacing all his top ministers. The move came after a chaotic week in which his prime minister, finance minister and interior minister quit amid allegations that Castillo lacked leadership and

When France decreed last month that EDF should foot the bill for the state’s latest measures to rein in energy costs as wholesale prices soar, it made no bones about the politics of the move. Keeping the lights on for consumers and businesses was priority number one, ministers said — and it would be unseemly

Electric carmaker Tesla, Inc. (TSLA) is recalling 53,822 vehicles in the U.S. due to a feature in its Full Self-Driving (FSD) software that prevents them from coming to a full stop at intersections. The “rolling stop” functionality enables drivers to drive past traffic intersections at slow speeds, ranging from five to six miles per hour.

In this article ASTR The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as early as this weekend, with the company expecting to soon receive its Federal Aviation Administration license for

US tech stocks slid in afternoon trading on Tuesday, adding to their worst month of losses since the start of the pandemic, as investors braced themselves for a further batch of earnings reports. The technology-heavy Nasdaq Composite index was 0.3 per cent lower, while the S&P 500’s tech sector had declined 0.8 per cent. In