More than 5,000 people who invested in Neil Woodford’s collapsed equity fund are suing Hargreaves Lansdown, claiming that the investment platform was still promoting the fund even when it was aware of its problems.The number of people suing Hargreaves Lansdown, the UK’s largest investment site, has almost doubled in the past two years, according to the claims management firm RGL Management. Two years ago the number of people taking part stood at 2,750.RGL said it expected the claims to total more than £200m, with the average individual claim, including interest, about £20,000.The Woodford equity income fund (WEIF), run by the…
Author: user
The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It’s not all hype; according to McKinsey, AI could add as much as $13 trillion to the global economy by 2030. Sure, some stocks have risen faster than others, so perhaps some stocks have gotten too expensive. However, there are still top-notch AI stocks worth buying today. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Three Fool.com contributors put their heads together and selected Taiwan Semiconductor Manufacturing Company (NYSE: TSM), Tesla (NASDAQ: TSLA), and Qualcomm (NASDAQ:…
Here’s a comprehensive guide to checking your car’s lights and bulbs. Keeping your car’s lights in proper working condition is essential for safe driving. Fully functional headlights, taillights, brake lights, and indicators are crucial for visibility and communication on the road. Regular inspections can prevent accidents, avoid fines, and ensure better driving conditions. 1. Gather the Necessary Tools Before starting, ensure you have these tools: A friend or family member (to help check the brake lights) A clean cloth (to wipe bulbs if needed) Replacement bulbs (for any that need changing) A flashlight (for improved visibility in dim lighting) 2.…
By Mike Stone and Humeyra Pamuk WASHINGTON (Reuters) -President Joe Biden’s administration will allow Ukraine to use U.S.-provided weapons to strike deep into Russian territory, three sources familiar with the matter said, in a significant change to Washington’s policy in the Ukraine-Russia conflict. Ukraine plans to conduct its first long-range attacks in the coming days, the sources said, without revealing details due to operational security concerns. The White House declined to comment. The move by the United States two months before President-elect Donald Trump takes office on Jan. 20 follows months of requests by Ukrainian President Volodymyr Zelenskiy to allow…
Getting minor dents and scratches on a car is a common occurrence, and while some owners may choose to overlook them, even a small imperfection can significantly detract from the car’s appearance. The good news is that these issues don’t always require professional intervention. There are simple methods you can try at home to fix dents and scratches on your car. How to Fix Dents and Scratches on Cars There are various ways to tackle dent and scratch repair. Surprisingly, some everyday household items like candle wax or super glue can come in handy! Here are five effective DIY techniques:…
It’s that time of year again—winter is on its way, which means it’s time to prepare your car for the challenging weather conditions ahead. If you live in an area that experiences heavy snow, you’ll likely need to put on snow tires to keep your vehicle from sliding off icy roads. In regions where road salt is commonly used, such as Massachusetts, you might consider applying an extra layer of protective coating to your car’s undercarriage to prevent rust. With winter bringing acid rain, road grease, and other harsh elements, a wax job to shield your car’s paint might also…
The post-election rally came to a halt this week as investors started to get a better sense of what a second Donald Trump term might look like, with the president-elect announcing several picks for ranking positions within his administration. By Friday’s close, the S & P 500 was 2.08% lower on the week, while the Dow fell 1.24%, and the Nasdaq pulled back by 3.15% to close out the week. It’s worth noting, though, that while down this week, all three are headed into Monday’s session at levels higher than their closing prices on Nov. 4, the day before the…
ROME (Reuters) -Pope Francis has suggested the global community should study whether Israel’s military campaign in Gaza constitutes a genocide of the Palestinian people, in some of his most explicit criticism yet of Israel’s conduct in its year-long war. In excerpts published on Sunday from a forthcoming book, the pontiff said some international experts say that “what is happening in Gaza has the characteristics of a genocide”. “We should investigate carefully to assess whether this fits into the technical definition (of genocide) formulated by international jurists and organisations,” the pope said in the excerpts, published by Italian daily La Stampa.…
It might be of some concern to shareholders to see the Sprott Inc. (TSE:SII) share price down 10% in the last month. But that scarcely detracts from the really solid long term returns generated by the company over five years. We think most investors would be happy with the 111% return, over that period. We think it’s more important to dwell on the long term returns than the short term returns. Ultimately business performance will determine whether the stock price continues the positive long term trend. Let’s take a look at the underlying fundamentals over the longer term, and see…
Charles Hudson, managing partner of Precursor Ventures, told an audience at AfroTech the basics of knowing when to invest: A company should have product-market fit and some form of traction. But the next thing he said garnered some surprised looks from the audience: Founders should test investors with a small issue to see how they react to problems. ”I’m on a board with someone who tends to blow up every time the founder brings them a problem,” he said. “As you can imagine, the founder has basically stopped bringing problems to them.” And that, in itself, can be a problem…