Image source: Getty Images It’s a happy day for my portfolio as the three worst-performing FTSE 100 shares I hold are today’s biggest climbers. With the UK’s blue-chip index up more than 1% this morning, most of the shares I own are doing nicely. I’m thrilled to see these three leading the charge. It suggests they have bags of recovery potential as investors see brighter times ahead. My biggest riser is the biggest faller of the lot, luxury fashion chain Burberry Group (LSE: BRBY). It’s up 5.36% as investors celebrate yesterday’s 0.5% interest rate cut by the US Federal Reserve.…
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The 2025 Jeep Wrangler offers a lot of exciting choices for off-road enthusiasts and fans of customization. One of the most notable changes for the 2025 model year is the powertrain options, which give buyers four different engine setups to choose from. This is a great move, considering that many car manufacturers are reducing choices for their customers. Jeep, however, is keeping the flexibility that Wrangler fans love. The 2025 Jeep Wrangler (Via Jeep) The new lineup includes a 2.0-liter turbocharged inline-four engine with 270 horsepower, paired with an eight-speed automatic transmission. There’s also a 3.6-liter V6 engine, which has…
The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years. As a result, the value of the dollar abroad fell slightly. Nevertheless, there’s no need to rush to the nearest foreign currency exchange bureau if you have a trip abroad planned in the near future.Because the rate cut has been forecast for so long, it’s largely already been priced into the value of the dollar in international markets.“Exchange rates tend to adjust when a decline is expected,” Laura Veldkamp, a professor of economics and finance…
Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank’s Monetary Policy Committee’s interest rate decision is scheduled for release on Sept. 19. Bloomberg | Bloomberg | Getty ImagesLONDON — The Bank of England on Thursday said it would hold interest rates steady following its initial cut in August, even after the U.S. Federal Reserve opted for a jumbo rate cut the day before.The Monetary Policy Committee voted by 8 to 1 to hold, with the dissenting member voting for another 0.25 percentage point cut.A “gradual approach” to…
TORONTO–(BUSINESS WIRE)–Gold Reserve Inc. (TSX.V: GRZ) (OTCQX: GDRZF) (Gold Reserve or the Company) provides the following update on the sales and bidding process (the Sale Process) for the purchase of the common shares of PDV Holdings, Inc. (PDVH), the indirect parent company of CITGO Petroleum Corp., managed by the Special Master (the Special Master) appointed by the U.S. District Court for the District of Delaware (the Delaware Court). As previously disclosed, the Company submitted on June 11, 2024, a credit bid for the common shares of PDVH pursuant to the Sales Process. On September 17, 2024, Venezuela and PDVSA filed…
Artificial intelligence (AI) is probably one of the biggest trends that will change our daily lives in the coming decades. While AI is still in its early development stage, companies like Nvidia and Palantir have already seen an impact on their business growth in recent quarters.Still, some winners have yet to make money from selling AI-related services and products but are well-positioned to do so in the future. Tesla (NASDAQ: TSLA), one of the leading technology companies of our generation, is among those companies.Image source: Getty Images.From EV to autonomous drivingTesla, arguably, has contributed more to the automotive industry than…
Join Our Telegram channel to stay up to date on breaking news coverage The Celestia price rose 11% in the last 24 hours to trade at $5.92 as of 00:36 a.m. EST on trading volume that surged 70% to $338 million. This comes as Celestia launched its first Mainnet upgrade, Lemongrass, which enhances user experience and interoperability by introducing 1-click interactions over Inter-Blockchain Communication (IBC) for seamless cross-chain transactions. Lemongrass is live 🍵 As Celestia’s first Mainnet upgrade, Lemongrass introduces 1-click interactions over IBC, interchain accounts, and more. pic.twitter.com/ev9fEVxSRf — Celestia (@CelestiaOrg) September 18, 2024 The upgrade also features Interchain…
“Hinge, Tinder…and Feeld.” That’s the answer I’ve heard again and again from my single friends when I ask what dating apps they’re on — and it’s surprising. Has Feeld, the dating app where you can toggle between Shibari enthusiasts, a polycule looking to add a fourth or fifth, and a Burner well-versed in Tantric sex, become the new dating app du jour? I joined Feeld in 2017, when it was a far smaller and more self-selecting community. As someone seeking casual sex with people who were comfortable talking about it, the app was a godsend. I told all my friends about…
Editor’s note: This story has been updated with additional information. Markets are bouncing Wednesday afternoon following the Federal Reserve’s decision to cut rates by 0.5%, marking the beginning of the central bank’s highly anticipated cutting cycle. What To Know: Wednesday’s 0.5% rate cut brings the target fed funds rate to a new range between 4.75% and 5%, down from a 23-year high of 5.25% to 5.5%. It’s also the first rate cut since March 2020. The fed funds rate has been sitting at a range between 5.25% and 5.5% since the central bank last hiked in July 2023. The SPDR S&P 500 SPY, which tracks the…
Victorville secured funding last year to improve building facades along D and 7th streets in an effort to revitalize Old Town Victorville.Thanks to Community Development Grant Block Funds (CDGB), Old Town businesses can receive up to $50,000 for a facade make-over via the Old Town Commercial Facade Improvement Program.Applications opened on Monday, Sept. 16, and will close on Monday, Sept. 30 for Old Town Victorville businesses to apply for new signage, new awnings, exterior lights, anti-graffiti treatment, and ADA enhancements.Historic Route 66 to celebrate centennialThe city aims to finish the facade beautification project before Route 66’s centennial anniversary in two…