Cathie Wood has developed a reputation for investing in up-and-coming tech disruptors, and she’s been ahead of the curve with some of her finds. Her company, Ark Invest, markets exchange-traded funds (ETF), and they each feature an assortment of stocks that fit a certain trend in disruptive technology. Followers track her trades to see what […]
US President Donald Trump speaks in the Oval Office of the White House, on the day Howard Lutnick is sworn in as US Commerce Secretary by Vice President JD Vance, in Washington, Feb 21. (Reuters-Yonhap) US President Donald Trump signed a memorandum Friday to create a “fast-track” process to facilitate investment from US allies and […]
Nigeria ranks as Africa’s leading destination for upstream oil and gas investment in 2024, research from market intelligence firm Wood Mackenzie shows. The country accounted for three out of four Final Investment Decisions (FIDs) announced by global oil and gas majors, totaling $13.5 billion. The FIDs announced within the Nigerian market included Shell’s $122 million […]
Warren Buffett wrote to Berkshire Hathaway shareholders in 2014 that most investors shouldn’t try to pick individual stocks to buy because they couldn’t “predict their future earnings power.” Instead, he recommended that the typical investor buy a “low-cost S&P 500 index fund.” Berkshire’s portfolio included two low-cost S&P 500 index exchange-traded funds (ETFs) for several […]
(Bloomberg) — Rising government bond yields may strain Japan’s already tight finances, the nation’s finance minister warned, after the 10-year benchmark yield hit its highest level in 15 years. Most Read from Bloomberg “An increase in long-term yields means higher interest rates and increased debt-servicing costs,” finance minister Katsunobu Kato told reporters on Friday. “This […]
Franklin Templeton has launched its latest crypto exchange-traded product, the Franklin Crypto Index ETF. This marks the asset manager’s third major crypto exchange-traded fund. The other two digital asset funds include the Franklin Bitcoin ETF (ticker: EZBC) and Franklin Ethereum ETF (ticker: EZET), approved in January and June, respectively. Franklin Templeton announced the launch of […]
If you had invested $100,000 in the SPDR S&P 500 ETF Trust (SPY 0.23%) 10 years ago, as of this writing you would have more than $346,000, good for a compound annual growth rate (CAGR) of 13.2% Without doubt, it’s a solid return. But there are ways to beat the market return. In particular, if […]
Africa’s oil and gas industry – critical for improving energy access, driving industrialization, spurring economic growth and achieving sustainable development – faces increasing opposition from environmental groups and financial institutions seeking to undermine its potential. With over 600 million people living without access to reliable energy, the continent must prioritize the development of its hydrocarbon […]
The world’s leading manufacturer of environmentally friendly stone wool insulation is expanding its footprint in north Mississippi. Officials with the Mississippi Development Authority announced on Wednesday that ROCKWOOL will be investing more than $100 million into its Marshall County facility. The investment is expected to create 30 new jobs. ROCKWOOL is expanding its operations in […]
It’s natural to want to support our parents in their later years, just as they supported us during our formative years. Genuine sentiment aside, doing so has proven to be a real challenge for many, especially those in their 40s. This group, often referred to as the “sandwich generation,” is caught between juggling the financial […]
