South Korea’s shipbuilder Hanwha Ocean announced that it will invest a total of $1.3 billion over the next three years to improve the safety of its shipyard operations. It comes as the company was facing mounting pressure from the government which has a very strict safety program and unions which accused the company of […]
This is the economic U-turn we’ve been waiting for. The Federal Reserve is expected to begin lowering interest rates Wednesday. It’s been a long time coming. After inflation peaked at 9.1% in June 2022, the Fed worked to tame consumer prices with 11 interest rate hikes over the ensuing months. Rates have remained unchanged since […]
Short term Elliott Wave view on S&P 500 ETF (SPY) suggests that cycle from 8.5.2024 low is unfolding as a 5 waves impulse. Up from 8.5.2024 low, wave (1) ended at 564.2 and pullback in wave (2) ended at 539.44. The ETF has extended to new all-time high in wave (3). The internal subdivision of […]
Hennion & Walsh CIO Kevin Mahn sits down in-studio with Josh Lipton and Josh Schafer on Market Domination ahead of Wednesday’s expected interest rate cut, discussing why the utilities sector (XLU) stands out in a changing rate environment. Utilities are “generally known for paying attractive dividend yields” and as interest rates come down, “these high […]
Major dairy farming invester in Uruguay sells land to recoup losses MercoPress Read the full article…
We recently compiled a list of the 35 Non-Tech Stocks With Long-Term Investment Potential. In this article, we are going to take a look at where Illumina, Inc. (NASDAQ:ILMN) stands against the other AI stocks. Investors have been desperately searching for a safer way to play the AI boom that has swept the US stock […]
The White House Monday said an “important turning point” has been reached in the three-year battle against the surge in inflation and that it’s important to protect progress in the job market. “Inflation is coming back down close to normal levels, and it is important to safeguard the important labor market progress we have made,” […]
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Vietnam’s logistics sector is becoming a major economic driver, supported by GDP growth, manufacturing expansion, e-commerce, government initiatives, favorable trade agreements, and strategic infrastructure, offering significant investment opportunities. Vietnam’s logistics sector is emerging as a key contributor to its economy, driven by robust GDP growth, expanding manufacturing capabilities, and a surging e-commerce industry. With government […]
Investing.com India – Financial News, Shares & Quotes Investing.com India Read the full article…
