Image source: Unilever plc Consumer goods giant Unilever (LSE: ULVR) has moved up by 20% over the past year on the London stock market. But that simply takes the Unilever share price back to… where it was five years ago! The share currently stands within 1% of its price back then. Meanwhile, the business pays quarterly dividends, with a fair track record of growth. But with its yield of 3%, I would describe Unilever as decent rather than especially exciting when it comes to passive income. Created using TradingView So, after a 20% rise, has the tide turned? Might the…
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The 2024 Chevrolet Trax, despite a comprehensive redesign, has faced challenges in meeting the IIHS’s updated safety standards. The IIHS’s stringent moderate overlap front crash test, introduced in 2022, reflects the increased weight of modern vehicles and the higher risk of injuries for second row occupants, particularly children and small women. The Trax’s performance in this test was deemed poor, with dummies indicating potential chest and head/neck injuries for rear occupants. While it performed acceptably in the side impact test, with some torso and head/pelvis injuries, it excelled in the small overlap front and original moderate overlap front crash tests.…
By Francois Murphy VIENNA (Reuters) – He is abrasive, provocative and has one of the lowest approval ratings among top Austrian politicians, but far-right leader Herbert Kickl is still the man to beat in Sunday’s parliamentary election, which has at times resembled a referendum on him. “Kickl here, Kickl there, Kickl everywhere,” he joked at a typically rowdy, beer-filled rally in February. Weeks earlier Chancellor Karl Nehammer framed the election as a choice “between him and me”, at a conservative People’s Party (OVP) meeting featuring lengthy video footage of Kickl. “I don’t know if I should feel more honoured or…
While other automakers are struggling to stay afloat, Toyota continues to thrive. With a diverse lineup that includes iconic models like the Tacoma and RAV4, Toyota has solidified its position in the market. From sedans to SUVs, sports cars to hybrids, Toyota offers a wide range of options to satisfy different tastes. And with the recent additions of new models and the return of the legendary Land Cruiser, Toyota shows no signs of slowing down. Toyota’s success can be attributed to several factors. First, the company has a long history of producing reliable and durable vehicles. This reputation has helped…
On September 20, the U.S. Department of Energy (DOE) announced over $3 billion in funding for 25 projects across 14 states. These initiatives are a part of the Biden-Harris Administration’s Investing in America agenda, which aims to boost domestic production of advanced batteries and essential materials like lithium. Unlocking DOE’s $3B Boost for a Stronger U.S. Battery Industry Notably, this effort builds on the administration’s previous commitment of nearly $35 billion to strengthen U.S. critical minerals and battery supply chains. The $3 billion in grants for these new projects will help expand EV and energy storage production while reducing reliance…
The rising cost of gold hasn’t diminished the traditional benefits the precious metal can still provide investors. Getty Images The price of gold has broken so many records already in 2024 that investors would be forgiven if they had lost track. Starting the year priced at $2,063.73 per ounce, gold surged past $2,600 per ounce this week. And it’s possible, if not likely, that gold could surpass the $3,000 mark soon. And it’s easy to understand why. With inflation problematic for much of the last two years and market volatility more pronounced, investors turned to the safe haven that gold…
JPMorgan research finds female investors from diverse backgrounds are focused on wealth-building for future generations. Source link
(Reuters) -U.S. Steel said on Wednesday the board of arbitration has ruled in favor of Nippon Steel’s $14.9 billion buyout of the company, but the United Steelworkers union disagreed with the decision.The board, jointly selected by the company and the union to settle disputes, ruled that U.S. Steel had satisfied each of the conditions of the successorship clause of its basic labor agreement with the USW.”The arbitrators accepted at face-value Nippon Steel’s statement that it would assume the Basic Labor Agreement,” USW said.The union said the decision did not change its opposition to the deal.Japan-based Nippon Steel did not immediately…
China just announced its biggest economic stimulus since the pandemic.Yahoo Finance’s Jared Blikre breaks down what the stimulus means for stocks and commodities worldwide:After the details of the monetary stimulus and support for the stock market were announced Tuesday by the People’s Bank of China (PBOC), the nation’s benchmark index, the CSI 300 (000300.SS), surged 4.3% — its largest jump since July 2020.The country’s currency, the renminbi (CNH=X), dropped 0.6% — the most since the Japanese yen imploded in early August.In the US, stocks rose, but the biggest effect was felt in commodities. Silver futures (SI=F) skyrocketed over 4.5% to…
Here is what you need to know and do to be a successful equity mutual fund investor. This also applies to the long-term direct equity (stock) investor.Understand the true nature of the stock market: All those stories of “compounding” that you have been fed do not pan out in real life. See: Don’t get fooled: Mutual funds have no compounding benefit!Equity investing is like claiming a staircase in which you cannot see the next step and do not know how high or low the next step will be! The next step could arrive the next day or take years. See: Are…