The big news of the week came on Wednesday (March 19) when the US Federal Reserve’s Federal Open Market Committee (FOMC) convened for its March decision on whether to adjust its benchmark Federal Funds rate. Given the economic uncertainty surrounding US President Donald Trump’s economic and trade policies, it has been widely expected that the FOMC would maintain the rate ...
Self-proclaimed misogynist Andrew Tate is back in Romania along with his brother Tristan to report to the police, following a trip to Florida that triggered a state-level criminal probe. The online celebrity, who has amassed a massive following peddling sexist content about male dominance, is facing charges over human trafficking and forming an organized criminal group with his brother in ...
US President Donald Trump said he thinks Vladimir Putin wants peace. Ukraine and its European allies don’t believe he does, while the Russian leader himself said he wants peace but then refused to sign up to it when presented with the option. What Putin really wants, though, is much, much bigger. The Russian president has made no secret of the ...
Flights returned to normal at London’s Heathrow Airport on Saturday following a power outage and shutdown that sparked global travel chaos. The first flights of the day took off as scheduled from 6 a.m. local time (2 a.m. ET), after authorities said operations at one of the world’s busiest airports would return to normal. “Flights have resumed at Heathrow following ...
Pope Francis plans to make his first public appearance since he was hospitalized more than a month ago on Sunday, greeting the public from the hospital where he’s being treated for double pneumonia. The 88-year-old pontiff plans to offer a blessing and greeting to well-wishers from Rome’s Gemelli Hospital at the end of Sunday’s Angelus prayer, the Vatican press office ...
The Israeli air force says it struck Hezbollah targets in southern Lebanon in response to cross-border rocket fire in the most significant flare-up of tensions since a ceasefire brought uneasy calm to the region. Israel and Hezbollah exchanged cross-border attacks for 13 months in the wake of the Gaza conflict before Israel launched an intense ground and aerial campaign in ...
Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications. The event comes at a pivotal time for Nvidia shares. After two years of monster gains, the stock is down 15% over the past month and 22% below the January all-time high. As part of the ...
Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years. At Nvidia’s “Quantum Day” event, part of the company’s annual GTC Conference, Huang admitted that his comments came out wrong. “This is the first event in history where a company ...
You already know about diversification. You’ve set your investment goals, picked a benchmark, and decided on the weighting of your allocations. Now, it’s come down to selecting the assets—stocks or ETFs—to build your portfolio. As a long-term investor with moderate risk tolerance, how might you build a portfolio to withstand market drawdowns and weather the business cycle? There are many ...
After reaching an all-time around $540 in mid-February, the Nasdaq 100 ETF (QQQ) dropped almost 14% to make a new swing low around $467. With the S&P 500 and Nasdaq bouncing nicely this week, investors are struggling to differentiate between a bearish dead-cat bounce and a bullish full recovery. There was no question that valuations had become incredibly rich going into ...