WEST PALM BEACH, Florida (Reuters) – President-elect Donald Trump headed to Washington on Saturday ahead of his inauguration on a U.S. military airplane supplied by U.S. President Joe Biden, as the outgoing president emphasized sticking with traditional transition norms. Trump will arrive in Washington on Saturday evening for celebrations to mark his return to office on Monday. For the occasion, he is ditching his navy and crimson “Trump Force One” he often flies in favor of a government plane Biden sent to Florida. Biden has stressed to his officials that they must work with Trump’s transition team, a sharp contrast…
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In doing the hard work of writing this column, I came to frame its evolving concept as: “French Cinema vs the Trailer Park Boys.” The idea popped into my head during a conversation with my wife, Pam, about how much sense it makes to “invest” in certain activities in semi-retirement or retirement.Many readers are presumably rocketing toward or have matured beyond my age of 71, so you may not be familiar with the Trailer Park Boys oeuvre. The 12-season series’ intricate plot follows the fictional adventures of three foul-mouthed, pot-smoking, petty criminals, one of whom is a shopping cart thief…
Meeting with a delegation from the Catholic Foundation of Verona, Pope Francis reaffirms the moral obligation based on the Church’s social doctrine to use financial resources to serve the common good and condemns investments in the arms industry. By Lisa Zengarini Pope Francis on Saturday strongly reaffirmed the ethical responsibility of using financial resources for the betterment of humanity. Addressing a delegation from the Catholic Foundation of Verona, a division of Generali Italia insurance company, the Pope emphasized the need to direct wealth toward initiatives that support the vulnerable and align with the Church’s social doctrine. He contrasted this…
Here’s our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week’s question: Why invest in stocks if the 10-year and 2-year Treasury notes give great returns without risk? Given all the uncertainty this year and with yields rising, why not sit this year on the sidelines holding bonds? Thanks, Eli L. Moving to bonds in the face of rising yields is certainly an…
MOSCOW (Reuters) – Russian forces took control of two more settlements in eastern Ukraine’s Donetsk region, Russia’s Defence Ministry said on Saturday, the latest in a series of gains it has reported in its steady advance westward. The ministry statement said Russian forces were now in control of Petropavlivka, a village between the towns of Pokrovsk and Kurakhove, focal points in fighting in recent months in the area. It also noted the capture of Vremivka, one of a cluster of small towns further south in the Donetsk region. The ministry also said Russian forces hit Ukraine’s military facilities with high-precision…
By Jonathan Landay and Eric Cox WASHINGTON (Reuters) -President-elect Donald Trump’s administration will launch immigration sweeps in multiple U.S. cities almost as soon as he takes office on Monday with Chicago considered a likely first location, officials and rights advocates said. Incoming “border czar” Tom Homan told Fox News on Saturday that “targeted enforcement operations” would quickly pursue some of what he said were 700,000 migrants who are in the U.S. illegally and under deportation orders. He indicated the efforts would occur in several cities. “President Trump has been clear from day one … he’s going to secure the border…
The $112 million Mega Millions jackpot marks the largest win ever on a lottery courier app NEW YORK, Jan. 18, 2025 /PRNewswire/ — Just three weeks into 2025, Mega Millions ® has already crowned its first jackpot of the year. A $112 million winning ticket was ordered using Jackpocket, America’s No. 1 lottery courier app. The lucky winner ordered the ticket in Arizona and matched all six numbers drawn Friday night: the white balls 8, 10, 37, 54 and 69 plus the gold Mega Ball (NYSE:) 22. “This is a transformative moment in lottery history, marking the largest jackpot ever…
The LGL Group, Inc. (NYSE American:LGL), a manufacturer of electronic components with an impressive 76.1% gross profit margin and “GOOD” financial health rating according to InvestingPro, has announced the launch of a new subsidiary under Lynch Capital International, LLC, aimed at making influential operating investments in the radio frequency (RF) ecosystem. This initiative, announced today, will encompass hardware, software, and service-related opportunities within sectors such as smart agriculture, healthcare, communications, and big data. Timothy Foufas and Michael Ferrantino, Jr. are expected to lead the development of this new venture, alongside other members of the LGL Group management team. Precise Time…
I wanted to share a quick update as to what’s been keeping me occupied during the run up to the release of the new book. The past few weeks have been pretty busy and full of surprises. We have been designing a dedicated website for the How Not to Invest book, and working with the team at Off Menu has been much more fun than I expected. But the biggest surprise has been the book’sAudible version. Harriman House asked me to record the audio version of the book. Like an idiot, I said, “Sure, why not? How hard…
Rare trees that were supposed to stay planted in the Amazon for a carbon credit program have ended up in the U.S. and international markets as lumber, according to Mongabay. Worse still, the perpetrator actively engaged in greenwashing to hide his activities. What’s happening? Brazilian Federal Police have been engaged in a greenwashing investigation that led them to entrepreneur Ricardo Stoppe. Stoppe purchased wide swathes of the Amazon and spun up a program whereby he would protect land at risk of deforestation in exchange for carbon credit revenue. Companies like GOL Airlines, Nestlé, Toshiba, Spotify, Boeing, and PwC all purchased…