By David Shepardson WASHINGTON (Reuters) – Outgoing U.S. President Joe Biden will sign an executive order on Sunday aimed at prioritizing government resources to help economically distressed American communities – a day before he leaves the White House. Biden’s order is targeting so-called “Left-Behind Communities” and aims to help incoming President Donald Trump, who will oversee significant spending on infrastructure, semiconductors, energy, broadband internet and other programs approved during Biden’s presidency. By one estimate, 15% percent of the U.S. population — or around 50 million Americans — live in a distressed zip code, which is measured by poverty, unemployment, education,…
Author: user
Image source: Getty Images Is it possible to start buying shares with a small sum of money, or is it necessary to wait until a thousand pounds I’d saved up? The answer to that question is simple. It is, indeed, possible to start investing in the stock market with a limited amount. Below, I explain how a new investor, from a standing start, could build a share portfolio by putting aside £50 per week. The power of regular investing Fifty pounds and is an arbitrary number here. I could use more, or less. The same principles would still apply. But…
WASHINGTON (Reuters) – Donald Trump will be sworn in as president in the Rotunda of the U.S. Capitol on Monday, after the forecast bitter cold prompted planners to move the ceremony under the building’s neoclassical dome for the first time in four decades. That shift means that Trump will take the Oath of Office in the 96-foot (29 m) across, 180-foot (55 m) high sandstone hall at the Capitol’s center, the same spot where some of his supporters rioted on Jan. 6, 2021, in an attempt to overturn his 2020 election defeat. Here’s a look at Jan. 6-related events that…
Landing on a 2025 stocks forecast is a tricky business. Both 2023 and 2024 were some of the best times for investors. Each of those years produced total returns in double digits. But will 2025 also be a booming year for equities? History says it’s unlikely, while analysts hold differing positions.Since 1942, three-year annual gains of 10% have occurred just three times. Only twice have there been four consecutive years of double-digit gains and only once has there been a five-year run.“There is certainly a possibility that we have another gain that’s double-digit,” says Sam Stovall, chief investment strategist at…
Lt. Governor Howie MoralesFrom the first day of our administration, Gov. Michelle Lujan Grisham and I have made investing in rural New Mexico a top priority, whether championing billions more in capital outlay funds for public infrastructure, creation of the $46 million Rural Health Care Delivery Fund, new workforce affordable housing monies, or the New Mexico Match Fund to help local governments leverage once-in-a-generation federal dollars. And by emphasizing a close, working collaboration, the executive and legislative branches together have achieved results that promise more resilience and growth for rural communities who need it.Six years on, we know there is…
Image source: Getty Images Getting into the stock market, some people hope to aim for a million by turning a small stake in some incredible company into a seven-figure investment. That may happen from time to time, but it is very rare. I think it makes more sense to take a rational approach to investing based on things that seem to have a decent chance of happening, rather than on events that could pay off massively but in reality only have a small chance of coming to fruition. So, as I aim for a million over the long term in…
When President-elect Donald Trump is sworn in as president of the United States inside the Capitol’s rotunda, he will do so facing a bust of the Rev. Martin Luther King Jr. on the federal holiday commemorating King’s legacy.It’s a disquieting contrast for some civil rights advocates who wish to fulfill the late reverend’s dream of non-violent social revolution.Events honoring King and advocating for his vision of a just society will occur across the nation as many in the U.S. observe the peaceful transfer of power in the capital. The concurrent events have been met with mixed feelings by civil rights…
By Steve Holland and Tim Reid WASHINGTON (Reuters) – President-elect Donald Trump will take a victory lap on Sunday with a campaign-style rally in Washington, D.C., a day before he is sworn in for a second term four years after losing the White House to Joe Biden. Trump’s “Make America Great Again Victory Rally” – scheduled for 3 p.m. ET (1900 GMT) at the Capital One (NYSE:) Arena – marks his first major speech in Washington since he urged his supporters to march on the Capitol on Jan. 6, 2021, in protest against his defeat. Thousands of people breached the…
Machine learning is set to transform investment management. Yet many investment professionals are still building their understanding of how machine learning works and how to apply it. With that in mind, what follows is a primer on machine learning training methods and a machine learning decision-making flowchart with explanatory footnotes that can help determine what sort of approach to apply based on the end goal. Machine Learning Training Methods 1. Ensemble Learning No matter how carefully selected, each machine learning algorithm will have a certain error rate and be prone to noisy predictions. Ensemble learning addresses these flaws by combining…
Image source: Getty Images There are plenty of dividend shares around at the moment. I reckon 83 stocks on the FTSE 350 are presently offering yields in excess of 5%. Impressively, if this level of return could be achieved by an investor for 25 consecutive years, an initial investment of £20,000 would grow to £67,727. And after a quarter of a century, the portfolio would generate income of £3,225 a year, or £269 a month. Not bad for doing very little. I chose £20,000 as a lump sum in my example because this is the maximum amount that can be…