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Image source: Getty Images A chunky monthly income without working for it sounds great. But realistically, it would require £480,000 invested in the stock market in order to earn, say, £2,000 a month as a second income. That’s built on owning a portfolio invested in stocks or bonds that collectively delivers a 5% yield. Of course, unless perfectly planned, these stocks are unlikely to actually deliver £2,000 every month. Stocks typically pay their dividends once or twice a year, and this can result in investors receiving more in some months and less in others. However, the path to achieving £24,000…

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Gold (GC=F) futures opened at $3,342.70 per ounce Friday, up 1.5% from Thursday’s close of $3,293.20. This week, the price of gold has ranged from a low of $3,263.90 on Wednesday to a high of $3,352, reached in early trading Friday. Gold’s early strength follows President Donald Trump’s announcement of new tariffs ranging from 10% to 41% for countries around the world. The tariffs go into effect on August 7 or October 5, depending on when the goods were loaded onto ships. One exception is Mexico. Trump announced on social media Thursday that he extended Mexico’s trade negotiation deadline for…

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Image source: Getty Images When trading begins on Monday (4 August), I suspect the Lloyds Banking Group (LSE:LLOY) share price will rise following today’s (1 August) judgement by the Supreme Court. After the market closed, it rejected (in part) previous rulings made by the Court of Appeal that it was unlawful for car dealers to receive a commission from the lender unless it was properly disclosed and agreed with the customer. Previously, we’ve seen how sensitive investors can be to the issue. On 25 October 2024, the bank’s shares fell 7% after the original ruling was made. Possible implications As…

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Rolls-Royce reported a 50% jump in underlying operating profit to £1.7 billion in the first half of 2025. The operating margin rose to 19.1%, up from 14% last year. This increase shows the effect of strategic changes, smarter operations, and cost discipline. Revenue grew by 10.8% to £9.06 billion and free cash flow hit £1.58 billion, driven by higher profits and solid performance from long-term service agreements (LTSA). Its market value topped £90 billion for the first time, placing it among the top five firms in the FTSE 100. Source: Rolls-Royce CEO Tufan Erginbilgic, said: “Our multi-year transformation continues to…

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(Bloomberg) — Treasuries jumped as weak jobs and manufacturing data bolstered bets on Federal Reserve rate cuts. Stocks extended their weekly slide, with investors also weighing the impacts of President Donald Trump’s sweeping tariffs on the economy. Most Read from Bloomberg US two-year yields plunged 22 basis points to 3.74%, set for the biggest tumble since August 2024. Money markets are now fully pricing in two rate cuts this year, with a 76% chance of the first one coming in September. The dollar sank. The S&P 500 fell 1.4%, with Amazon.com Inc. leading losses in megacaps on an underwhelming profit…

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TORONTO, July 29, 2025–(BUSINESS WIRE)–CI Financial Corp. (“CI” or the “Corporation”) (TSX: CIX) is pleased to announce that all regulatory approvals required to close CI’s previously announced plan of arrangement under the Business Corporations Act (Ontario) whereby, among other things, an affiliate of funds managed by Mubadala Capital will acquire, directly or indirectly, all of the issued and outstanding common shares of the Corporation (the “Arrangement”) have now been obtained. The Corporation expects the Arrangement to close on or about August 12, 2025, subject to the satisfaction of the remaining customary conditions to closing. For additional details regarding the Arrangement,…

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Lloyds Bank establishes a dedicated practice to guide businesses on voluntary carbon credits and nature-based climate solutions. The initiative aims to address transparency concerns in the voluntary carbon market and help clients meet science-based net-zero goals. The practice strengthens Lloyds’ broader sustainability advisory offering, now serving over 1,000 major corporate clients. Lloyds Bank has launched a Voluntary Carbon and Nature Markets (VCNM) practice within its Business and Commercial Banking unit, marking a strategic step to help clients navigate the growing complexity of carbon credit markets and nature-based solutions. Based in London, the new practice forms part of Lloyds’ broader Sustainability…

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In a major leap toward commercial fusion energy, Washington-based Helion has begun site work on its first fusion power plant, Orion. The move marks a defining moment for both Helion and its key partner, Microsoft. In 2023, Helion signed the world’s first power purchase agreement (PPA) for fusion energy, committing to supply electricity to Microsoft once the plant is operational. Located in Chelan County, Washington, the site was selected for its easy access to power transmission and its legacy of energy innovation. This project represents a significant step in Helion’s mission to bring fusion electricity to the grid by 2028.…

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Image source: Getty Images The International Consolidated Airlines Group (LSE: IAG) share price started the morning brightly, jumping 2% on today’s (1 August) first-half results. As someone who holds the high-flying growth stock, I was ready to celebrate another day in the sun – but what’s this? As I settle down to write this around midday, the shares are down almost 2%. It looks like investors are having a rethink. Growth still looks strong I can see why they were initially impressed. The FTSE 100-listed owner of British Airways, Iberia and Aer Lingus reported a strong set of numbers. Revenue rose 8%…

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