amenic181 / iStock.comMany younger investors are finding creative ways to build wealth. Gone are the days of yore, when investing solely in bonds and stocks was the go-to method to becoming rich. In fact, a whopping 72% of younger high-net-worth Americans between the age of 21 and 43 “believe it is no longer possible to achieve above average investment returns by investing solely in traditional stocks and bonds,” according to a Bank of America report.Learn More: 2 Best Ways To Invest $1 a Day — and What It Can Grow ToFind Out: 6 Subtly Genius Moves All Wealthy People Make…
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By Sachin Ravikumar and Andrew MacAskill LONDON (Reuters) -Scottish former First Minister Alex Salmond, who helped change the course of Scottish politics and pushed Scotland to the verge of independence from the United Kingdom, died on Saturday. He was 69. Salmond, who headed the devolved Scottish government for seven years from 2007, is credited with helping boost support for Scottish independence during a 2014 referendum in which Scots voted 55%-45% in favour of staying in the United Kingdom. The BBC said Salmond had collapsed after giving a speech in North Macedonia. Leaders from across the political divide paid tributes to…
Monthly payers like DIA, JEPI, JEPQ, and SPHY provide consistent income, making them attractive for income-focused investors. Source link
(Bloomberg) — The European Central Bank will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all but ruled out just a month ago.Most Read from BloombergThe third quarter-point reduction of this cycle is seen likely by economists to herald a longer-lasting acceleration in action by officials seeking to cushion the euro zone from the hit to growth created by an extended period of high borrowing costs, and now playing out with a lag.ECB President Christine Lagarde, at the press conference she’ll host after Thursday’s meeting near the Slovenian capital…
By Simon Lewis and Humeyra Pamuk WASHINGTON (Reuters) – After weeks of intensive diplomacy aimed at securing a ceasefire between Israel and Hezbollah militants, the United States has settled on an altogether different approach: let the unfolding conflict in Lebanon play out. Just two weeks ago, the United States and France were demanding an immediate 21-day ceasefire to ward off an Israeli invasion of Lebanon. That effort was derailed by Israel’s assassination of Hezbollah leader Syed Hassan Nasrallah, the Oct. 1 launch of Israeli ground operations in southern Lebanon and Israeli airstrikes that have wiped out much of the group’s…
The Federal Aviation Administration approved a license on Saturday for the launch of SpaceX’s Starship 5 set for Sunday after earlier saying it did not expect to make a decision until late November.Reuters first reported this week the faster than expected timetable after the FAA in September had suggested a much longer review.SpaceX is targeting Sunday for the launch and said a 30-minute launch window opens at 7:00 a.m. CT. The FAA said on Saturday SpaceX had “met all safety, environmental and other licensing requirements for the suborbital test flight” for the fifth test of the Starship and has also…
Advanced Micro Devices recently shared various updates about the AI accelerator market. Source link
By Adam Makary and Nidal al-Mughrabi (Reuters) -Thousands of people are trapped in Gaza’s Jabalia camp as Israeli forces attack the area, Médecins Sans Frontières (Doctors Without Borders) said on Friday, a week after Israel launched an offensive there which it says is aimed at stopping Hamas regrouping. At least 20 Palestinians were killed and dozens more were wounded late on Friday by Israeli strikes in Jabalia, which also damaged four nearby homes, medics told Reuters. The death toll is likely to rise, they added. Israeli military strikes killed at least 61 Palestinians across the Gaza Strip on Friday, the…
In a time when we most need each other, we are the most alone. In May of 2023, the U.S. Surgeon General released an advisory calling attention to our epidemic of loneliness and isolation. Even before the COVID-19 pandemic, over half of Americans reported measurable levels of loneliness. Often known as the silent killer, loneliness has been shown to lead to a myriad of individual and societal health problems, including depression, anxiety, and addictions to alcohol, drugs, and gambling.Loneliness is a complex state caused by myriad of personal circumstances as well as societal trends. And while much attention has been given to…
New leadership and a refocus on its core strengths should help Nike in this transition period. Nike (NKE 0.06%) checks the boxes for being a blue chip stock. It’s been an industry leader for quite some time, it’s financially stable, and it has a global brand many companies could only dream of matching. Unfortunately, being a blue chip stock doesn’t make you immune from down periods, and that’s exactly what Nike has gone through these past few years. Since hitting an all-time high in Nov. 2021, Nike stock is now down close to 55%. It’s fallen 24% in 2024 alone.…