Eurozone inflation fell more than expected in May on slowing food and declining energy prices, as underlying pressures also eased, welcome news for the European Central Bank which could be approaching the end of its tightening cycle. The eurozone’s consumer price index increased 6.1% in May on year, tumbling from…

© Reuters. FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes By Kanishka Singh WASHINGTON (Reuters) -Microsoft will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally collected personal information from…

By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Monday after the world’s top exporter Saudi Arabia pledged to cut production by a further 1 million barrels per day (bpd) from July to counter macroeconomic headwinds that have depressed markets. futures settled up 58 cents at $76.71 a barrel,…

By Winni Zhou, Brenda Goh and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) -China’s yuan has skidded to six-month lows against the dollar and analysts say it could weaken further as investors fret over a bumpy pandemic recovery in the world’s second-largest economy. Disappointing economic data, widening yield differentials with the United States,…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Reserve Bank of Australia delivers its latest interest rate decision on Tuesday, undoubtedly the centerpiece event for Asian and Pacific markets but potentially of interest to U.S. Fed watchers too. The RBA…

Bank stocks have taken a beating lately, especially those in the regional banking category. The effects of the Fed’s raising of interest rates and the failure of Silicon Valley Bank are rocking the industry. Many names in the sector are trading at much lower valuations than at the beginning of…

Leading a start-up is all-consuming. Company leadership is doing everything at once, never has enough time, and is making quick decisions that can make or break their personal wealth. It’s not surprising that keeping the company paperwork tidy is not a priority. Until it is. Founders can suddenly face the…

June has traditionally been the second weakest month after September. The Dow Jones average has traditionally been down. Analysis of the S&P 500 over more recent years suggests a more positive tone to this month. I am leaning toward the latter and more bullish interpretation. Note that the third week…

MetLife stock (NYSE: MET) currently trades around $50 per share, around 30% below (more than 44% upside) its level of approximately $72 on April 20, 2022 (pre-inflation shock high), and has the potential for sizable gains. MetLife MET saw its stock trading at around $63 at the end of June…

As parents, it is our job to teach our kids financial responsibility and independence. One excellent way to do this is with chores at home. For our family, this is something we’ve been experimenting with a lot recently. About six years ago, on a random Friday evening, I came home…