Author: Press Room
Hear what Michael Cohen thinks about Trump’s lawsuit against him Former President Donald Trump is suing Michael Cohen for $500 million in damages for allegedly breaching his contract as Trump’s former personal attorney. CNN’s Kaitlan Collins talks to Cohen about the lawsuit. Read the full article here
Hello! This week’s ETF Wrap takes a look at some inflation-related funds, as concerns about price pressures persist despite cooling in some areas. Please send feedback and tips to [email protected]. You can also follow me on Twitter at @cidzelis and find me on LinkedIn. Sign up for our weekly ETF Wrap. Signs… Read the full article here
This is reprinted by permission from . The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Top rates on certificates of deposit are higher right now than they’ve been in years — 4% to 5% annual percentage yields — so it’s only fair to wonder if some of your money should be in a CD. As… Read the full article here
U.S. Treasury Secretary Janet Yellen on Tuesday said it was important not to overdo the negativism in the outlook for the global economy. “I think that we should be more positive,” Yellen said, during a press conference ahead of meetings with finance ministers and central bank governors at semi-annual IMF-World Bank meetings. “The outlook… Read the full article here
2/2 © Reuters. FILE PHOTO: Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. REUTERS/Florence Lo 2/2 SHANGHAI (Reuters) – Chinese search engine giant Baidu (NASDAQ:) has filed lawsuits against “relevant” app developers and Apple Inc (NASDAQ:) over fake copies of its Ernie bot app available on Apple’s app store. The company’s artificial intelligence powered Ernie bot, launched last month, has been touted as China’s closest answer to the U.S.-developed chatbot ChatGPT. Baidu said it had lodged lawsuits in Beijing Haidian People’s Court against the developers behind the counterfeit…
By Ambar Warrick Investing.com — Gold prices rose in Asian trade on Thursday as softer-than-expected U.S. inflation data spurred bets on an early rate-hike pause by the Federal Reserve, while growing fears of a recession also supported safe haven buying. The yellow metal pushed further above the $2,000 mark this week, and was now about $50 away from a 2020 record high. Softer-than-expected U.S. was the trigger for gold’s latest rally, as markets began pricing in the possibility that will pause its rate hike cycle as soon as June. The showed that policymakers were considering a pause in rate hikes.…
TOKYO (Reuters) – Following the Bank of Japan’s launch this month of a pilot programme to test the use of a digital yen, the Ministry of Finance plans to convene a meeting of experts on April 21 to discuss the way forward. The nine experts, who include academics, economists, a lawyer and a consumer group representative, will meet regularly, and compile a report by the end of this year. Central banks around the world have scrambled to develop digital currencies to modernize financial systems and facilitate domestic and cross-border payments. But Japan remains undecided on whether to issue a central…
By Leika Kihara TOKYO (Reuters) – New Bank of Japan Governor Kazuo Ueda’s main challenge will be to phase out its controversial yield curve control policy, which has come under criticism for distorting markets by keeping long-term interest rates from rising. Ueda, who took office on Sunday, chairs his first policy meeting on April 27-28. In parliamentary hearings in February, Ueda stressed the need to maintain ultra-low interest rates, but said he had ideas on how to exit the bank’s massive stimulus. Here are options the BOJ could take to change its yield curve control (YCC) policy, which applies a…
Topline Shares of Chinese internet giant Alibaba plummeted on Thursday following a report Japanese tech investor SoftBank has sold almost all of its remaining stake, further paring a formerly lucrative and expansive partnership as the Chinese group explores a radical shakeup amid increasing government scrutiny. Key Facts SoftBank has sold around $7.2 billion worth of Alibaba shares this year via prepaid forward contracts, the Financial Times reported on Wednesday. The sales, uncovered through an analysis of the Japanese tech investor’s regulatory filings, will reduce SoftBank’s stake in Alibaba from almost 15% to just 3.8%, the FT reported. SoftBank declined to…
The marital home is often a couple’s largest asset and can also be their largest debt. It is where families are started, children are raised, and memories are shared. There are typically strong feelings about the marital home post-divorce given it is commonly the asset with the most emotional ties for the family. Besides all the emotions and memories wrapped up in the property, there are several financial and social implications to consider when deciding whether it is in your best interest to keep your marital home after divorce. Affordability Likely the most important consideration when weighing your housing options…
