TOKYO (Reuters) – Japan’s top government spokesperson said on Thursday that volatile moves in the currency markets were undesirable and that authorities were closely watching the market and ready to take “appropriate” action as needed. “It is important for foreign exchange markets to move in a stable manner reflecting fundamentals,…

By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Beijing resident Hu Yongwei bought more than a dozen apartments in the small central Chinese city of Hebi for about $31,000 in all, betting they will be financially more rewarding than other investments. Hu, who mostly acquired two- or three-bedroom…

After holding short-term rates held steady at 5% to 5.25% in June, the Federal Reserve expects to raise rates perhaps twice during its four remaining meetings of 2023, though the markets expect fewer hikes and material rate cuts in 2024. The Fed’s concern is primarily stubbornly high services inflation, which…

We believe that Caterpillar stock (NYSE: CAT) is a better pick than the pharmaceutical bellwether Johnson & Johnson stock (NYSE: JNJ), given its better prospects. Although these companies are from different sectors, we compare them because they have a similar P/EBIT ratio of 15x-17x. The decision to invest often comes…

I started my side hustle in 2020 and grew the business to $500,000 in revenue. This success was thanks to four counterculture ideas about money goals that every aspiring business owner should consider over traditional advice. Keeping Steady Motion Is More Important Than Motivation According to a study of 600…

As noted previously, the bull market in stocks has broadened, and small-cap stocks have outperformed after the jobs report on June 2 was mixed enough to allow the Federal Reserve to skip raising short-term interest rates last week. A more forgotten part of the stock market, midcap stocks, has also…

The Federal Reserve warned Friday that tighter U.S. credit conditions following a spate of bank failures in the spring could hinder economic growth this year.  In its semi-annual monetary report to Congress, the central bank noted that bank lending conditions have “tightened notably” over the past year due to the…

Several Republican 2024 presidential hopefuls criticized Donald Trump Sunday as the former president faces 37 federal counts for allegedly hoarding documents after he left the White House.Trump has lashed out at his critics — including members of his former staff — in the wake of his indictment, calling his former…

Every small child gets anxious sometimes. But when your kid is panicking, there’s a common two-word phrase you should never utter: Calm down.That’s according to Rachel Romer, CEO and co-founder of education assistance benefits company Guild, who’s a mom to two children. For kids especially, she says, calmness is best…

More employers than ever are observing Juneteenth, which commemorates the end of slavery in the US. Almost 40% of US employers now provide Juneteenth as a paid holiday, a significant increase from just 9% two years ago, according to data from HR consulting firm Mercer. Juneteenth is observed on June…