Author: Press Room
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldA US panel vetting Nippon Steel’s proposed takeover of US Steel has been unable to agree on whether President Joe Biden should support the $15bn deal, making it more likely that he will block it during his last weeks in office.The Committee on Foreign Investment in the US (Cfius) reported to the White House on Monday that the nine agencies on the panel had not reached consensus that the deal posed no security risks, according to Nippon Steel and a…
The Older Americans Act, the umbrella federal law that includes programs such as Meals on Wheels, senior transportation, information services, adult day, and caregiver support was hours from being expanded and winning congressional approval for another five years. Now, its fate has become far more uncertain. Its all because the OAA, despite broad bipartisan congressional support, got caught up in a squabble over an emergency end-of-year spending bill between President-elect Trump and Elon Musk on one hand, and Capitol Hill Republican leaders on the other. The result: House Speaker Mike Johnson (R-LA) dropped the OAA from the big budget measure.…
This article was written byFollowLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very small fraction of companies should be a buy at any point in time. However, hold articles provide important information for future…
While the holiday spirit will dominate the news agenda, there are notable developments to watch across the world, as the three defining themes of 2024 — elections, war and inflation — continue to hum in the background. On Tuesday, Moldova’s pro-EU president-elect Maia Sandu will attend her inauguration. Her narrow election victory in October, despite alleged Russian meddling in the process, will set the former Soviet country on a path to EU membership. Maia Sandu © Dumitru Doru/EPA-EFE/ShutterstockGeorgia, on the other hand, will on Sunday swear in Mikheil Kavelashvili to the presidency, a pro-Russian firebrand and Croatia will hold a…
Most workers approaching their retirement years haven’t saved enough money to retire full time at age 65 and continue their current level of spending. Let that disturbing conclusion sink in for a while. Unfortunately, many workers haven’t realized this fact and have unrealistic assumptions about when they can retire and their standard of living in retirement. If they were to “do the math,” they’d find that they may need to work longer than they’d hoped, reduce their spending in retirement, or do some combination in order to afford retirement. Neither of these facts needs to be a bummer. If you’re…
This article was written byFollowYavuz Akbay is quantitative analyst with over 5 years of experience in interpreting complex financial data, developing complex mathematical models and modeling and forecasting. Utilizes machine learning algorithms to enhance financial analysis and provide accurate and timely recommendations. Yavuz holds a Bachelor of Business Administration and now continuing Master’s of Economics.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Saudi authorities repeatedly warned Germany about the man alleged to have carried out Friday’s attack on a Christmas market in the east German city of Magdeburg that left five dead and dozens injured, according to German security officials.The officials said Riyadh warned the German authorities the suspected attacker, Taleb al-Abdulmohsen, a Saudi dissident who described himself as an ex-Muslim, had boasted on social media that “something big will happen in Germany”. It was unclear if police ever acted upon the warnings.Al-Abdulmohsen’s many…
The ability to switch Medicare plans isn’t as available as many beneficiaries are told or believe, and the Centers for Medicare and Medicaid Services wants beneficiaries to be more aware of the practical limits. In a section of new proposed regulations, the Centers for Medicare and Medicaid Services says that agents and brokers must discuss certain topics with customers before enrolling them in Medicare Advantage plans, a proposal CMS labels Informed Enrollment. Most Medicare beneficiaries know that each year during open enrollment (October 15 – December 7) they’re allowed to change their coverage. The new coverage will take effect the…
This article was written byFollowIn 2006, WisdomTree launched with a big idea and an impressive mission — to create a better way to invest. We believed investors shouldn’t have to choose between cost efficiency and performance potential, so we developed the first family of ETFs designed to deliver both. Today, WisdomTree offers a leading product range that offers access to an unparalleled selection of unique and smart exposures. Read the full article here
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Qualcomm claimed victory over Arm after a US jury largely ruled in its favour on Friday in a long-running dispute over its acquisition of chip company Nuvia in 2021.Arm vowed to seek a retrial, however, because of what it called a “deadlock”, as jurors failed to reach a decision on one of the three questions they were asked to answer — setting the stage for more litigation or a potential settlement.After the jury delivered its partial verdict on Friday, the Delaware federal…
