International

British Pound Q3 2022 Forecast: The Bank of England - It’s Time to Decide

The second quarter of the year has been a tricky three months for the Bank of England (BoE) as inflation continued to soar – and is expected to rise further - while growth slowed to a crawl, sparking fears that the UK may enter a recession (two consecutive quarters of negative growth).

Investing Ideas

Big Technology Stocks like Tesla, Amazon and Microsoft Just Finished Their Worst Quarter in Years

U.S. stocks fell Thursday to end the second quarter, prompting the S&P 500's weakest first half of the year since 1970.

International

World’s Most Aggressive Central Bank Raises Key Rate to 200%

Zimbabwe’s central bank raised interest rates to a record and the government officially reintroduced the US dollar as legal currency to rein in surging inflation and stabilize the nation’s tumbling exchange rate.

Investing Ideas

Darktrace: AI Cybersecurity Leader With Thrilling Financials

Darktrace was founded by Cyber Defense experts at the University of Cambridge and British Intelligence agencies in 2013.

U.S. Economy

Can Higher Interest Rates Be Good for Consumers?

The Federal Reserve's strongest weapon in its fight against skyrocketing inflation is raising interest rates.

U.S. Economy

Fed Hikes its Benchmark Interest Rate by 0.75 Percentage Point, the Biggest Increase Since 1994

U.S. stocks soared Wednesday after the Federal Reserve approved its biggest interest-rate increase since 1994 but suggested moves of that scale likely wouldn’t become common.

International

'Delusional': UN Chief Slams New Fossil Fuel Funding and Warns of Climate Chaos

The U.N. Secretary General has slammed new funding for fossil fuel exploration, describing it as "delusional" and calling for an abandonment of fossil fuel finance.

International

China Weighs Reviving Jack Ma’s Ant IPO as Crackdown Eases

Chinese financial regulators have started early stage discussions on a potential revival of Ant Group Co.’s IPO,

Investing Ideas

Why Advanced Micro Devices Rose 19.1% in May

Advanced Micro Devices’s high-performance computing and visualization products help gamers get the most from their favorite titles, and over the past five years, the most out of investors' portfolios.

U.S. Economy

Fed Starts Experiment of Tackling $8.9 Trillion Portfolio to Shrink

According to Bloomberg, the U.S. Federal Reserve is about to start shrinking its $8.9 trillion balance sheet, deploying a second tool alongside higher interest rates to curb inflation, though officials don’t know just how effective it will be.

Investing Ideas

Lululemon: Premium Brand, Premium Priced

For consumer discretionary products, brand equity is the key to gain multiple benefits such as pricing power, worth-of-mouth marketing and sales volume.

U.S. Economy

The Federal Reserve Means Business when it Comes to Tightening Monetary Policy

After raising its benchmark interest rate by half a percentage point earlier this month

Investing Ideas

Tesla Drops To Number 2: Is Cathie Wood's Ark Invest Losing Confidence In Its Favorite Stock?

Tesla (TSLA) stock has been going downhill since peaking in early November 2021.

U.S. Economy

77% of Investment Fund Managers See Slowing Growth and High Inflation Taking Hold Over the Next Year

With a gallon of milk up about 25% since before the pandemic, and retail bacon 35% higher, it’s hard to imagine how US food inflation could get any worse.