Recession worries are sending investors into Treasuries and other fixed income investments ahead of the Federal Reserve's first meeting of 2023, even as stocks start the year with a hopeful rally. The rally comes after Treasuries notched the worst year in their history following the Fed's most aggressive monetary policy tightening since the 1980s. Worries that the Fed's rate increases will send the U.S. economy into a recession have been a key driver of demand for Treasuries, often seen as a safe haven during economically uncertain times.
Samsung has revealed a sharp decline in profit for 2022, mainly due to the weak demand for its chips and smartphones, which are the company's main moneymakers.
Prosecutors planned to file felony charges of involuntary manslaughter Tuesday in the fatal shooting of a cinematographer by actor Alec Baldwin during a rehearsal on the set of a Western movie in 2021. Cinematographer Halyna Hutchins died shortly after being wounded at a film set ranch on the outskirts of Santa Fe, New Mexico, in Oct. 21, 2021. Baldwin was pointing a pistol at Hutchins when the gun went off, killing her and wounding the film's director.
Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin. Digital asset investment products, often favored by institutional investors, saw inflows of over $117 million last week, the biggest weekly increase since last July, according to data from asset manager CoinShares. Bitcoin was far and away the biggest draw, with funds tracking it responsible for $116 million of that.
Shein, one of the world’s largest online fashion retailers, is set to appoint Marcelo Claure, a former executive at SoftBank, as its Latin America chairman.
Switzerland's UBS Group AG on Tuesday reported a 23% increase in fourth-quarter profit, beating analyst estimates, helped by a fall in costs despite a drop in financial markets. The world's largest wealth manager kicked off a round of reporting for major European banks, many of which have been cutting jobs and costs in light of waning economic growth. The Swiss bank reported net profit attributable to shareholders of $1.7 billion, versus the $1.3 billion average of 21 analyst estimates in a UBS-conducted poll.
VIEWER DISCRETION ADVISED: Additional first responders in Tennessee are feeling fallout from the beating death of Tyre Nichols. On Monday, January 30, the Memphis Fire Department said they fired three personnel who responded to the scene that night, and Memphis Police shared that two more of its officers are on administrative leave.
Knowing market trends is crucial for predicting growth in the market. Information regarding trends in the past and future can help companies decide whether an investment is viable in the foldable smartphone market. Projections of the compound annual growth rate (CAGR) are essential in deciding how quickly a party should invest.Isle of Man, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Foldable smartphones are phones with internet connectivity that have the aesthetic structure of foldable phones. Many struct
Since its first flight in 1969, the giant yet graceful 747 has served as a cargo plane, a commercial aircraft capable of carrying nearly 500 passengers, a transport for NASA's space shuttles, and the Air Force One presidential aircraft. The final plane is the 1,574th built by Boeing in the Puget Sound region of Washington state. A big crowd of current and former Boeing workers is expected for the final send-off.
Following is a statement from Eileen O'Reilly, president of the National Press Club, and Gil Klein, president of the National Press Club Journalism Institute, on the decision by the government of India to censor the airing of a BBC news documentary probing the role Prime Minister Narendra Modi may have played in the 2002 Gujarat riots.
Ten people were shot, including two who were left in critical condition, in a drive-by shooting on a Lakeland, Florida, street Monday, police said.
The hunt can go long, but we won’t steer you wrong We try to stay direct and dignified. There’s no need to wade, or work on your fade As you dig a month of snow outside. Hunt clues will be released at about midnight at TwinCities.com/treasurehunt each day of the hunt. See the Treasure Hunt rules. Where has the medallion been discovered in past years? Related Articles Things to Do | 2023 ...
As five Memphis police officers attacked Tyre Nichols with their feet, fists and a baton, others milled around at the scene, even as the 29-year-old cried out in pain and then slumped limply against the side of a car. Just like the attack on George Floyd in Minneapolis nearly three years ago, a simple intervention could have saved a life. Instead, Nichols is dead and the five officers are charged with second-degree murder and other crimes.
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But one can do...
LONDON, January 31, 2023--The WeQual Awards are designed to recognise and showcase senior executive women who have the leadership traits for future Executive Committee positions. They are a vital step towards WeQual’s mission of achieving gender equality at the top of the world’s largest companies.
Carbon Capture Pilot Plant has Been Successfully Designed, Constructed, and Installed at the Testing Location in Southern Arkansas, in Collaboration with Investment Partner Aqualung Carbon Capture ASEL DORADO, Ark., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV: SLI) (NYSE American: SLI) (FRA: S5L), a leading near-commercial lithium company, is pleased to announce that its Carbon Capture Pilot Plant has been successfully installed at the fina
Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Former president claims Washington Post reporter ‘never got his permission to release these tapes’