This Juneteenth, thousands of our members will take to the streets on rides of celebration and reflection. As the leaders of Brooklyn’s biggest Black cycling clubs, this holiday has always been special; it’s a time for our community to come together and to commemorate the official start of our summer season. The vibes are incandescent. Our members come from all walks of the community — we have artists, young professionals, entrepreneurs, athletes, retirees — but the question we get is often the same:“Do you know a good place to park a bike?”Black New York loves to bike, but New York doesn’t…
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Radhika Gupta, CEO of Edelweiss Mutual Fund, has announced a new book on investing which will have simple concepts, stories and ideas in a way everyone can understand investing.She mentioned that her new book ‘Mango Millionaire’ in collaboration with Niranjan Avasthi of Edelweiss Mutual Fund, will be available from July 15.Also Read | ITC and Cochin Shipyard among stocks that Quant Mid Cap Fund bought and sold in MayRadhika Gupta and Niranjan Avasthi draw from their extensive experience at Edelweiss Mutual Fund – one of India’s leading and fastest-growing asset management companies – to bring you Mango Millionaire – a…
Canadian Prime Minister Mark Carney announced on Thursday that Canada will adjust its retaliatory tariffs on U.S. steel and aluminum products starting Source link
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The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Friday, per the BoJ Minutes of the May meeting. Key quotesMany members said must carefully scrutinise each nation’s trade policy and its development given heightening downside risks to economy, prices.A few members said BOJ must maintain current very low real interest rates to underpin economy.One member said BOJ had no choice but to wait-and-see until US trade developments stabilised.One member said must scrutinise whether recent tariff developments could prod Japan firms to embark on excessive cost-cuts, curb wage and investment.Members agreed it was appropriate for BoJ to continue raising…
“Some companies are looking at making steel in a new way, fully electrified,” as opposed to powered by coke, an energy-dense substance derived from coal, Yavorsky said. “Maybe there is not as much sexiness around folks reducing demand [for new steel], thinking about alternative materials. Yet these often are the fastest and most direct way to reduce emissions.” “We apply our heating, evaporate fluids, condense [impurities] back to liquid, and collect it,” explained Nishioka, noting the process involves reaching the boiling point of oil. The whole thing is powered by electricity, making it carbon-free if renewable energy is available. “Sometimes scrap has…
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Canada will adjust counter-tariffs on steel and aluminum products on July 21 to levels “consistent” with progress made during trade negotiation with the United States, Prime Minister Mark Carney said Thursday. Source link
What if high interest rates weren’t a parenthesis, but the new normal? With many borrowers eagerly awaiting a drop in interest rates to finally take or refinance a mortgage loan, the US Federal Reserve (Fed) has just sent a clear message: there’s no rush.Despite signs of easing inflation, the central bank prefers to wait before further cutting rates. As a result, mortgage loan interest rates remain high, squeezing household purchasing power and freezing part of the housing market.Behind this apparently technical decision from the Fed lies a very concrete reality: the cost of borrowing remains high, monthly payments are weighing more…
Readers often send us their mutual fund portfolios and ask for help in decluttering them. That is reduced unnecessary funds. Since we do not offer investment advice, we can do the next best thing – offer some generic steps to DIY this decluttering process.The first step is to recognise clutter. I hold 8 funds. If I posted just that information in a personal finance forum and asked, ‘Is it too many?’, at least a few answers would say, ‘Yes. ‘ Someone might even advise me on the ideal number of funds a folio should have.However, the context is missing here. I can…