Author: Press Room

© Reuters. FILE PHOTO: A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit Tessier//File Photo By Tim Hepher PARIS (Reuters) -Airbus deliveries fell by 11% on an industrial basis to 127 jets in the first quarter, underscoring the pressure on global supply chains and paving the way for a 12-week sprint to steady the trajectory by mid-year, industry sources said. Deliveries were down 11% from 142 physical deliveries in the same period last year, or down 9% compared with an adjusted year-ago total of 140. Airbus last year…

By Barani Krishnan Investing.com — “It never rains but it pours,” is the saying. After small but steady daily gains that came like the pitter-patter of rain, it’s just pouring now in gold land. Both futures of the yellow metal on New York’s Comex and bullion traded on the spot gold market jumped about 2% Tuesday — their most in nearly two weeks — burrowing deeper into $2,000 territory, with the view of possibly setting new record highs in days. Gold’s latest run-up after a one-week hiatus to a four-week rally is “a sign that traders are not budging from…

By Ambar Warrick Investing.com — Most Asian currencies moved little on Friday as the dollar weakened on signs of a softening labor market, with focus now turning squarely to a reading on the Federal Reserve’s preferred inflation gauge later in the day. Still, most Asian currencies were trading higher for the first quarter of 2023, as fears of a banking crisis decimated the dollar and spurred bets that the will taper its hawkish stance. The greenback was down 1% over the past three months. Regional currencies took few cues from mixed Chinese business activity data, which showed that while activity…

By John McCrank NEW YORK (Reuters) – Assets in money market funds have soared to record levels, drawing investors with their safe-haven appeal and yields that far exceed those paid on bank deposits. The funds are traditionally considered low-risk and liquid as they invest in high-quality assets, including short-term Treasuries. Yet funds that rely on U.S. government debt could be a potential – though so far, unlikely – trouble spot if lawmakers are unable to hammer out a deal on raising the nation’s borrowing limit, setting the stage for a default. HOW BIG ARE MONEY MARKET FUNDS? Assets under management…

The recommended stocks have been selected from the Cycles Research Long-Short Equity Report. This strategy selects stocks based upon cycles and relative strength. The stocks featured below were derived from this screen. The stocks also show technical strength and have entered favorable phases in weekly price cycles. Snap-on SNA manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions. The share price has sold off into the cycle sell date below. Over the last year all 12 buy and sell signals have been profitable. The stock has been trading in a range since May of 2021. Relative strength…

Aging solo is about those individuals who are widowed or not married, live alone, and have no family or none they can count on. They are going through the last years of their lives on their own. It can be just fine until one’s health declines and the usual activities and access to friends get out of reach. According to the U.S. Census Bureau Nearly one-third of all seniors live by themselves. That’s close to 14 million seniors aging alone. Some of them do not have children, nor any particular person to take care of them, should they need help…

Facebook’s tax dispute over the pricing of transactions with an offshore subsidiary marks the first time an important anti-profit-shifting regulatory regime has been challenged in court, and the outcome will have major consequences. During a lengthy Tax Court trial, Facebook has vigorously contested the IRS’s valuation of intellectual property and other intangible rights contributed to a cost-sharing arrangement (CSA) with an Irish subsidiary in 2010. Facebook argues that the IRS’s $21.15 billion valuation of the company’s contributions to the CSA was nearly $15 billion too high, and the difference reflects stark disagreements concerning the variables and assumptions used in the…

A home theater from a renowned designer, a wine cellar and tasting room that feel plucked from Tuscany and a solarium with a fireplace that sits in a lion’s mouth are just a few of the glamorous features of a palatial estate in Saddle River, New Jersey. The home on Fox Hedge Road is nearly 20,000 square feet and sits on 4 private, gated acres, perched at the top of a hill on one of the area’s most desirable streets, according to listing agent Vicki Gaily of Special Properties. It is listed for $7.995 million. Custom built in the mid-1990s,…

Bloated warehouse inventories are an expensive pressure eating away at the bottom line of many companies, and for many, the excess supply and associated costs of storage won’t abate this year, according to a new CNBC Supply Chain Survey.Just over one-third (36%) said they expect inventories to return to normal in the second half of this year, with an equal percentage expecting the gluts to last into 2024 — 21% saying a return to normal can occur in the first half of the year, and another 15% expecting normal activity by the first half of 2024. But uncertainty about inventory…

Traveling abroad is one thing, but starting a new life overseas is another.Expats who’ve moved abroad say Bahrain, the United Arab Emirates and Singapore are the top three places where it’s relatively easy to settle in, according to a 2022 Internations survey of nearly 12,000 expats around the world.Internations, the expat community group with 4.5 million members in 420 cities around the world, ranked locations based on what it calls the Expat Essentials Index, which considers newcomers’ assessments of their digital life (like access to administrative services online), housing (affordability and ease of finding housing for expats in particular), administrative topics…