Financial investment services

"Anti-awakening" reaction?  Fund giant Vanguard quits net zero climate alliance

“Anti-awakening” reaction? Fund giant Vanguard quits net zero climate alliance

Vanguard, the world’s second-largest mutual fund and exchange-traded fund manager, is pulling out of a major financial industry alliance designed to fight climate change, the company announced on Wednesday. Vanguard, in a statement, said it would monitor its progress independently of the alliance, in an effort to provide “clarity” to its investors. Some environmental groups …

“Anti-awakening” reaction? Fund giant Vanguard quits net zero climate alliance Read More »

The U.S. economy won't collapse under the "weight" of the Fed based on how these sectors perform despite inflation and oil risks

The U.S. economy won’t collapse under the “weight” of the Fed based on how these sectors perform despite inflation and oil risks

Investors are trying to read the tea leaves on a choppy U.S. stock market to gauge whether its recent rise can continue after Federal Reserve Chairman Jerome Powell sparked bullish sentiment in late November by indicating that his aggressive stock hikes interest rates could slow. “Stock market management is telling you that the economy is …

The U.S. economy won’t collapse under the “weight” of the Fed based on how these sectors perform despite inflation and oil risks Read More »

'It wasn't sustainable or real': Tech layoffs approaching Great Recession levels

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels

The number of layoffs in the tech sector this year is approaching the annual levels seen during the Great Recession, but is far from dot-com-bust territory. As tech companies grapple with falling stock prices, inflation, rising interest rates and a possible recession, they have announced more than 60,000 job cuts this year, with indications such …

‘It wasn’t sustainable or real’: Tech layoffs approaching Great Recession levels Read More »

How two teachers killed a $53,000 debt monster in 3 years

How two teachers killed a $53,000 debt monster in 3 years

This article is reproduced with permission from NerdWallet. In this series, NerdWallet sheds light on people’s debt repayment journeys. This month, Jae Bratton shares how she and her husband focused on erasing debt, fueled by the hope of starting a family. My story of letting go of over $53,046 in debt over two teachers’ salaries …

How two teachers killed a $53,000 debt monster in 3 years Read More »

How two teachers killed a $53,000 debt monster in 3 years

How two teachers killed a $53,000 debt monster in 3 years

This article is reproduced with permission from NerdWallet. In this series, NerdWallet sheds light on people’s debt repayment journeys. This month, Jae Bratton shares how she and her husband focused on erasing debt, fueled by the hope of starting a family. My story of letting go of over $53,046 in debt over two teachers’ salaries …

How two teachers killed a $53,000 debt monster in 3 years Read More »

The new bull market will be led by the stocks of these three industries.  Tech and the FAANGs will fall by the wayside

The new bull market will be led by the stocks of these three industries. Tech and the FAANGs will fall by the wayside

We do not yet know if the recent rally triggers a new bull market in equities. But here’s a sure bet: once the new bull market is here, entirely different groups will lead. It will be with the old – think of the FAANGs – and with the new. To find out which new sectors …

The new bull market will be led by the stocks of these three industries. Tech and the FAANGs will fall by the wayside Read More »

Here are four worrying signs that inflation may persist, from a bond fund manager

Here are four worrying signs that inflation may persist, from a bond fund manager

What last week’s consumer prices and then Tuesday’s producer price index data both show is that the market was pricing in more bad news on the inflation front than of relief, and therefore large short cover rallies when the data is weaker than expected. SocGen This graph from Societe Generale clearly shows that the biggest …

Here are four worrying signs that inflation may persist, from a bond fund manager Read More »

Yes, you can invest as little as $100: Here are 4 ways to get started

Yes, you can invest as little as $100: Here are 4 ways to get started

This article is reproduced with permission from NerdWallet. The investment information provided on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, and does not recommend or advise investors to buy or sell particular stocks, securities or other investments. Whether your student loans are forgiven, you received a gift …

Yes, you can invest as little as $100: Here are 4 ways to get started Read More »

Inflation will drop 'significantly' next year, Goldman Sachs economists say

Inflation will drop ‘significantly’ next year, Goldman Sachs economists say

According to Goldman Sachs, the Federal Reserve’s preferred measure of inflation will fall below 3% by the end of next year as supply constraints ease, the cost of housing declines and the labor market will cool. Such an outcome could allow the Federal Reserve to be less aggressive in its cycle of raising interest rates …

Inflation will drop ‘significantly’ next year, Goldman Sachs economists say Read More »