The anticipation of the Federal Reserve’s interest rate decision in September has led to more investors turning their attention towards dividend stocks. According to Paul Baiocchi of SS&C ALPS Advisors, this shift is a strategic move considering his belief that the Fed will be easing rates in the near future. Baiocchi, who serves as the
Finance
Federal Reserve Chair Jerome Powell, during his address at the Fed’s annual retreat in Jackson Hole, Wyoming, hinted at potential interest rate cuts in the future. While he did not provide specific details regarding the timing or extent of the cuts, he emphasized the need for policy adjustments. Powell acknowledged that the direction towards rate
Philadelphia Federal Reserve President Patrick Harker expressed strong support for an interest rate cut in September, marking a significant shift in monetary policy. This endorsement comes in the wake of the Fed’s annual retreat in Jackson Hole, Wyoming, where Harker emphasized the need for a methodical approach to easing rates. Harker’s statement follows the release
British technology entrepreneur Mike Lynch made headlines in June when he was acquitted of fraud charges in a trial brought on by Hewlett Packard. However, just two months after his acquittal, Lynch’s name was once again in the news, this time for his mysterious disappearance after a superyacht, named the Bayesian, sank off the coast
When considering purchasing a vehicle, the cost is often a significant factor that comes to mind. Electric vehicles (EVs) have been gaining popularity due to their lower long-term costs compared to traditional gasoline-powered cars. While EVs may have a higher upfront cost, the overall lifetime expenses associated with fuel and maintenance tend to be more
Innovator ETFs, led by CEO Bruce Bond, has introduced buffer exchange-traded funds as a potential solution to hedge against recent market volatility. These ETFs are designed to give investors exposure to the market while minimizing the downside risk. For example, the August ETF under the ticker PAUG offers 15% downside protection, allowing investors to participate
In a bold move to address consumers’ concerns about battery driving range and charging convenience, Chinese electric car brand Zeekr has unveiled its latest innovation in battery technology. The company claims that their new batteries have the fastest charge in the world, boasting an impressive 10.5-minute charge time from 10% to 80%. Zeekr’s ultra-fast charging
China’s financial risks have supposedly decreased, according to People’s Bank of China Governor Pan Gongsheng. The central bank’s efforts are aimed at helping China achieve its growth targets for the year, with a focus on maintaining supportive monetary policies. Despite the positive outlook, concerns about high debt levels in the real estate sector, particularly with