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© Reuters. Investing.com — The Dow closed lower Monday, as Apple’s jump to an intraday day record high faded after the tech giant unveiled its new mixed-reality headset. The was down 0.6%, or 199 points lower, the fell 0.1%, and the was down 0.2%. Apple (NASDAQ:) gave up gains after…
Investing.com — Natural gas futures limped in with a daily gain and a small weekly loss as market participants look beyond the first injection of above 100 billion cubic feet, or bcf, in the current storage season for the fuel in anticipation of near-term demand. The on the New York…
Investing.com — Most Asian currencies were a mixed bag on Tuesday as optimism over a U.S. debt ceiling deal was largely countered by fears of a more hawkish Federal Reserve, while the Chinese yuan hit a new six-month low after a much weaker daily fixing. The sank 0.4% to 7.0907…
By Steve Scherer OTTAWA (Reuters) – The Bank of Canada (BoC) became the first major global central bank to pause its rate-hike campaign in January, but the economy’s surprisingly strong performance since then will test Governor Tiff Macklem’s resolve to stay on the sidelines this week. A return to rate-hike…
If you’ve been shopping for an insurance plan lately, you’ve probably found that premiums for homeowners, auto and life insurance policies have gotten more expensive in recent years. There’s also been a noticeable shift to app-based digital-first transactions and an increasing focus on personalized policies. But the core of what…
Nine payments companies made Forbes’ Fintech 50 2023 list, up from six in 2022. Niche newcomers GlossGenius, a platform for beauty businesses, and Mudflap, a fuel marketplace for truckers, join the likes of giant processor Stripe. The world of payments is evolving rapidly as fintech startups race to incorporate more…
Key takeaways Over 7,000 subreddits have closed in protest of Reddit’s new API charges CEO Steve Huffman has defended the move, saying generative AI apps have forced the move for Reddit to survive as a company It’s another raised eyebrow from investors ahead of Reddit’s rumored IPO later this year…
Economist Charles Calomiris sets out a scary but plausible scenario for how the budget deficit will translate into grief for savers. Worried about your deposits? Or the bank shares in your portfolio? You should be. Trouble lies ahead. So says Charles Calomiris, economist and professor at the new University of…
Plainly, the indictment of former President Donald Trump is not about taxes. There are no tax charges, and it does not appear that any of the documents in question had anything to do with taxes. The documents were allegedly a lot more important than that. So how, then, could there…
As traditional investment vehicles like stocks, bonds, and mutual funds continue to face volatility and uncertainty, many investors are turning to alternative investments in hopes of higher returns and greater diversification. According to a report from Boston-based Cerulli Associates high net-worth clientele now have an average of 9.1% of their…