It took eight months for María and her family to reach New York after leaving their home in Barquisimeto, Venezuela, a gruelling voyage during which several of her fellow travellers died. “It was dangerous, very dangerous,” says the 33-year-old mother of four, standing outside her temporary home at midtown Manhattan’s Roosevelt Hotel, the city’s main
Stay informed with free updates Simply sign up to the Business education myFT Digest — delivered directly to your inbox. Job placements for graduates of one of the world’s most prestigious business schools have fallen to the lowest levels in more than five years, in a sign of the slowdown in demand for recruitment for
In this video we will look at how to deal with your portfolio when there is not a lot of trading activity going on or stocks are just flip-flopping. When stocks are stagnant, what do you do? Do you put on smaller trades or do you start adding to your positions? 💌 Newsletter & Announcements
A Couple of Healthy Companies to Consider. Facebook: https://www.zacks.com/stock/quote/FB?cid=CS-YOUTUBE-FT-VID Vertex Pharmaceuticals: https://www.zacks.com/stock/quote/VRTX?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Can you create a simple portfolio that can weather almost any economic storm? The All Weather portfolio, created by a famous hedge fund, is an attempt to do exactly this. In this video, we will show what goes into the portfolio, how well it has performed historically and how to build the portfolio using funds
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The US has proposed that working groups from the G7 explore ways to seize $300bn in frozen Russian assets, as the allies rush to agree a plan in time for the second anniversary of
The world’s largest traditional entertainment companies face a reckoning in 2024 after losing more than $5bn in the past year from the streaming services they built to compete with Netflix. Disney, Warner Bros Discovery, Comcast and Paramount — US entertainment conglomerates that have been growing ever larger for decades — are facing pressure to shrink
Central bankers are rethinking their approach to economic forecasting after their high-profile failures to spot the most recent inflationary outburst, as officials argue for greater candour with the markets about the uncertainties they are confronting. The European Central Bank, the Federal Reserve, the Bank of England and other official forecasters failed to see how the
Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Nearly nine-tenths of the foreign money that flowed into China’s stock market in 2023 has already left, spurred by mounting doubts about Beijing’s willingness to take serious action to boost flagging growth. Since
Over the decades that the Post Office wrongfully prosecuted sub-postmasters using flawed evidence, the state-owned business turned to a series of lawyers to pursue the cases and then to avoid scrutiny. The public inquiry into the scandal has now shone a harsh light on the solicitors and barristers who are linked to what MPs have
Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. The writer spent much of his diplomatic life working on and in China. He is an associate fellow of the Council on Geostrategy, Rusi and Merics Those of us who spend our lives thinking about China
Municipals were steady to slightly firmer Wednesday as inflows returned to muni mutual funds. U.S. Treasury yields fell and equities ended up. The two-year muni-to-Treasury ratio Wednesday was at 60%, the three-year at 60%, the five-year at 60%, the 10-year at 60% and the 30-year at 87%, according to Refinitiv Municipal Market Data’s 3 p.m.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jacques Delors, the former president of the European Commission and one of the main architects of today’s EU, has died at the age of 98. Delors was one of the most consequential figures in post-war
Puerto Rico’s General Fund has collected $212 million more than was projected in Q1 2024, and $207 million higher than was collected in the same period last year, the Financial Oversight and Management Board for Puerto Rico said. Fiscal year 2024 began on July 1 and despite the positive results, which were driven mostly by
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A US appeals court has halted a trade tribunal order banning Apple from selling the Watch Series 9 and Ultra 2 in the US, the latest development in an ongoing patent battle with health technology
Stay informed with free updates Simply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox. The order books of the world’s biggest defence companies are near record highs after growing by more than 10 per cent in just two years because of rising geopolitical tension, including the conflict in
A constitutional challenge to an Oklahoma law prohibiting state and local government contracts with companies that “boycott” the fossil fuel industry is moving forward after it was revised and refiled. Federal claims in the litigation, which was brought in Oklahoma County District Court in November, were dropped in the case refiled last week against state
The Riverside County Transportation Commission, California, won a Fitch Ratings upgrade for a $152.2 million Transportation Infrastructure Finance and Innovation Act senior loan. Fitch lifted the rating on the TIFIA debt to BBB-plus from BBB-minus. The rating outlook is stable. The funding supports a managed lane project on Interstate 15 in a 15-mile stretch through
Kentucky Gov. Andy Beshear’s proposed $136.6 billion 2024-2026 biennium budget focuses on ways to continue the state’s economic rebound and provides substantial new funds for education and infrastructure. The Democratic governor’s budget proposal will be debated by the Republican-dominated General Assembly when it reconvenes on Jan. 2. Beshear’s plan, which he calls “Forward, Together,” would
BB: What is considered the intermediate duration? CH: In broad terms, five to seven years on average offers an attractive balance of risk and reward in our view. BB: What makes it attractive in the current market environment? CH: We have seen the intermediate term bonds rise quite a lot recently. With the Bloomberg Muni
The year 2024 is shaping up to be a landmark one for the Securities and Exchange Commission, not only through their own rigorous enforcement agenda but the regulator is in for continued industry backlash and a Supreme Court case that could test its enforcement powers and change how the SEC operates. Through its own enforcement