Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Economist Peter Schiff issued warnings about America’s economic trajectory during Wednesday’s Federal Reserve meeting, predicting the central bank’s decade-long policies will trigger an unavoidable crisis worse than 2008. What Happened: The Federal Open Market Committee kept interest rates unchanged at 4.25%-4.50% for the fourth consecutive meeting, while projecting two rate cuts in 2025. However, Schiff told Fox Business that Fed Chair Jerome Powell “basically admitted that they have no idea what’s going to happen.” Trending: Maker of the $60,000 foldable home has 3…
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Image source: Getty Images Earning a second income does not necessarily mean giving up glorious summer evenings to work a second job. One simple alternative is to build a portfolio of shares in blue-chip companies that look likely to pay their shareholders dividends. Dividends are one way a company can choose to use its spare cash (or some of it). They are never guaranteed, so it is important to choose the shares carefully when investing with a second income as the goal. The amount of second income a certain sum of money might generate this way can be estimated using…
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…
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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