Image source: Getty Images My investing goal is to build up some passive income for when I retire. I’ve been working towards it for some years now. But how would I start in today’s tough times? After a few years of soaring inflation and high interest rates, I have a fair bit less cash to spare each month. But low Stocks and Shares ISA charges mean we really don’t need to be rich to invest in shares. And it’s suprising how much £100 per month, or even just £50, could grow in the long term. To many, that’s the cost…
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By Andy Bruce (Reuters) -Britain’s economy contracted unexpectedly in September and growth slowed to a crawl over the third quarter, data showed on Friday, an early set back for finance minister Rachel Reeves’ ambitions to kick-start a sustained pickup. Gross domestic product slipped by 0.1% in monthly terms during September as the services sector flat-lined, while manufacturing and construction dropped, the Office for National Statistics said. For the third quarter as whole, the economy grew by 0.1%, slowing from 0.5% growth during the second quarter. Economists polled by Reuters and the Bank of England had forecast an expansion of 0.2%…
(Bloomberg) — Samsung Electronics Co. shares are having their best day since January 2021, as perceptions grow that the South Korean tech company is starting to look like a bargain after a multi-month slump. Most Read from Bloomberg The world’s largest maker of memory chips and smartphones saw its stock surge as much as 8.6% Friday, snapping a five-day losing streak. Despite the latest rally, Samsung remains down nearly 32% this year, pressured by worries over it missing out in the artificial intelligence boom and lately, the risk of falling victim to Donald Trump’s protectionist trade policy. With some traders…
Image source: Getty Images Things have been a bit stagnant on the FTSE 100 lately, with the index slipping almost 3% in the past month. Now, I’m looking further afield for lesser-known but promising UK shares for my Stocks and Shares ISA next year. I often find when times are tough, the little guys come out of the woodwork and start to shine. Here are two that I think could enjoy decent growth in the coming years — if the economy plays ball! Trainline Trainline (LSE: TRN) is a digital ticket booking service that’s gone from strength to strength recently.…
Investing.com– Berkshire Hathaway (NYSE:) sold about a quarter of its stake in Apple Inc (NASDAQ:), amounting to 100 million shares in the tech giant in the third quarter, a regulatory filing confirmed on Thursday. Warren Buffet’s firm had announced the sale during its third-quarter earnings earlier this month, with a 13f filing confirming the sale this week. The share sale, which was conducted through the course of the July-September quarter, netted Berkshire over $100 billion in cash. But Apple still remained the conglomerate’s biggest holding, of about 300 million shares worth nearly $70 billion. The company has sold more than 600…
By Mark Trevelyan LONDON (Reuters) – On the last day of January, a woman took her son to see paediatrician Nadezhda Buyanova at Polyclinic No. 140 in northwest Moscow. The boy, aged seven, had a problem with one of his eyes. The conversation that the boy’s mother alleged took place during an 18-minute encounter at the clinic would change both women’s lives and land the 68-year-old doctor in prison. The case hinged on a denunciation – part of a rising trend of Russians informing on fellow citizens for their views on the war in Ukraine and other alleged political crimes.…
Jerome Powell, chairman of the US Federal Reserve, at Music Hall at Fair Park in Dallas, Texas, US, on Thursday, Nov. 14, 2024. Shelby Tauber| Bloomberg | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todayPostelection rally fades U.S. markets fell on Thursday and are poised to end the week lower. The so-called “Trump trades,” in particular, are fizzling out. Breaking from Wall Street, Asia-Pacific stocks mostly rose…
Aegon raises target after third-quarter beatDutch insurer Aegon raised its full-year capital generation target Friday after reporting better-than-expected results in its U.S. business.Third-quarter operating capital generation, excluding allowances, came in at 336 million euros ($354.8 billion). Analysts polled by the company had expected a print of 296 million euros, according to Reuters.Aegon, which is targeting growth in the U.S., said it now expects full-year capital generation of around 1.2 billion euros, versus the 1.1 billion euros previously forecast.— Karen GilchristReeves ‘not satisfied’ with UK economic growthUK Finance Minister Rachel Reeves makes a speech during the Labour Party Conference that is…
Image source: Getty Images Just a few weeks ago I celebrating my decision to load up on FTSE 100 growth stock JD Sports Fashion (LSE: JD) in January. I snapped up shares in the trainer and sportswear retailer at a 20% discount, after the board issued a profit warning following a disappointing Christmas trading period. I’d been waiting for this opportunity for donkey’s years. Every time I checked, the JD Sports share price seemed to be leading the pack, and I felt I was missing out. This was my long-awaited shot at glory. Why has it fallen out of fashion?…
(Bloomberg) — A key oversight body has approved new standards for nature-based offsets, a move that could help restore investors’ confidence in a market battered by greenwashing concerns.More than 400 million nature-based offsets currently in the pipeline are set to be eligible for the Core Carbon Principles label set by the Integrity Council for the Voluntary Carbon Market. The credits fall under three so-called REDD+ methodologies newly approved by the body, with each credit representing a ton of CO2 emissions avoided through preventing deforestation. REDD+ refers to reducing emissions from deforestation and forest degradation in developing countries.Among them are methodologies…