admin
One of Canada’s largest pension groups has invested $400mn into Northvolt, as the Swedish battery start-up pushes ahead with plans to build an additional factory in Germany. The Investment Management Corporation of Ontario — which has about $73bn invested and pools pensions from the region’s public sector — has bought convertible…
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Former President Donald Trump offered a dizzying multitude of new justifications Monday for keeping classified material after leaving the White House and refusing to give them back to…
The U.S. dollar’s resurgence in recent months can be boiled down to fears of financial instability, according to an analysis by the Wells Fargo Investment Institute. The dollar rose dramatically in 2022 as stocks and other financial assets dropped as the Federal Reserve began raising rates at one of the…
It’s perhaps unsurprising which S&P 500 component was the most vocal about artificial intelligence this earnings season.That honor belongs to Nvidia Corp. NVDA, +0.09%, which has seen its shares explode 192% higher on the year amid Wall Street’s hunt for AI beneficiaries. The topic of AI came up 104 times…
As student-loan payments are set to resume, Houston-based house hunter Meshawn Cisero is looking over his budget with a fine-toothed comb and cutting expenses as he gears up to pay over $400 a month for his student debt.The 33-year-old, who works as a program manager at a startup, has cut…
Loneliness and social-media use are two of the root causes of poor mental health among young people, U.S. Surgeon General Vivek Murthy said Thursday. While loneliness cannot be legislated away, there is more that Congress should be doing to address those problems, including through community-building programs and policies that protect…
© Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 16, 2023. REUTERS/Brendan McDermid By Noel Randewich and Shristi Achar A (Reuters) – The and Nasdaq surged on Thursday to close at their highest in 14 months, as investors cheered…
Investing.com — Gold prices fell on Thursday tracking mixed signals from the Federal Reserve, after the central bank kept rates steady but warned that it will likely hike at least two more times this year. The yellow metal saw little support even as the sank to three-week lows after the…
Investing.com – The U.S. dollar retreated in early European trade Tuesday, with risk sentiment helped by China’s short-term lending rate cut, although the upcoming U.S. inflation data and Federal Reserve policy meeting has resulted in a degree of uncertainty. At 03:15 ET (07:15 GMT), the , which tracks the greenback…
By Essi Lehto HELSINKI (Reuters) – Finland’s conservative National Coalition (NCP), winner of April’s parliamentary election, has reached agreement to form a majority government with the eurosceptic, anti-immigration Finns Party and two smaller groups, its leader said on Thursday. “All issues have been resolved and the papers are ready,” said…