--“The Rise of the Thought Leader:How the superrich have funded a new class of intellectual,” by David Sessions in TNR: “Interviewed for The Ideas Industry, [Niall] Ferguson is frank about his ...
Asian markets rise slightly ahead of the Federal Reserve's rate decision From CNN Business' Laura He Asian stocks ticked up slightly Wednesday, while oil prices pulled back after reports suggested that Saudi oil production could resume more quickly than expected. China’s Shanghai Composite Index...
But money markets aren’t without risks of their own, especially when they experience a large wave of investors all at once. What’s happening:Since the Fed began to raise interest rates a year ago, the amount of money in money market funds has increased by roughly $400 billion. The infl...
European markets were mostly higher, and Asian markets were up sharply. Fear & Greed Index: 38 = Fear Oil & gas: US oil prices were down 0.4% to $69 a barrel. Average US gas prices held steady at $3.44 a gallon. Bitcoin: Bitcoin was unchanged at $28,200. 8:20 p.m. 19:...
Even so, Ning said the country believes the pandemic is under control, and said authorities expect people to spend more money this year. Analysts from Capital Economics,meanwhile, believe the outlook is “bright” in the near term. “Despite the latest dip in retail sales, we see plenty of...
That's especially worrisome for midlife investors. You've lived through bear markets before - 1987, 1990, 2000-02 - but now you have more money on the line and a tighter portfolio-building schedule to meet. At times like this, you want to make sure you have a mix you can live with...
China has set an ambitious economic expansion target of “around 5%“ for 2024, as its leaders vowed to “transform the growth model” in the face of significant challenges facing its development.
“I spend my money only on things [that] I like and find value [in],” said Kenta Ito, 25,who describes himself a minimalist and identifies with the satori sedai. He earns a decent wage at a consulting firm in Tokyo, butdoesn’t care about owning things like a house or a car. ...
“It is unreasonable that money coming out of Western countries is praised as good and sweet, while coming out of China it’s sinister and a trap,” Ministry of Foreign Affairs spokeswoman Hua Chunying said in September. Fork in the road While the loudest criticism of the Belt and Road...
She says that during interviews, “We have heard more than once, ‘If the borders remain closed for the remainder of 2020, we will not have money to buy food for our family by January.’ Yet, the Italians are still optimistic and deep down, they know that this won’t last forever. ...