Author: Press Room

Colin Rocker approaches content creation by putting himself in the shoes of his followers. The 27-year-old makes TikTok videos giving career advice to Gen Z and millennial professionals. He shares how much he earns from paid partnerships with brands like Google and Hollister. Colin Rocker has a unique philosophy for his career-advice content: he thinks about the questions a previous version of himself would have asked about navigating work and finances, and answers them in his TikTok videos.The majority of Rocker’s TikTok audience is in their early to mid-twenties, in college, or in high school. Some of his most popular…

Healthcare spending is set for material growth with the US alone set to see healthcare spending rise by 8% of GDP from 2018 through 2040. Both Medical Properties Trust (NYSE:MPW) and Healthcare Realty Trust (NYSE:HR) form two REITs in the space that whilst having some similarities offer investors highly divergent total return profiles as we see through the end of the current monetary tightening cycle. Medical Properties last declared a quarterly cash dividend payout of $0.29 per share, in line with its prior payout and a 14.3% forward yield. Healthcare Realty’s last quarterly dividend payment was $0.31 per share, also…

China’s financial sector is reeling from a series of new corruption probes and a surge in surprise audits of venture funds, as President Xi Jinping sharpens his focus on an industry he sees as failing to serve the broader economy. With Beijing’s graft-busting Central Commission for Discipline Inspection warning against “hedonism” and “high-end lifestyles”, banks have also been making deep cuts to executive pay and bonuses as former high-ranking officials come under investigation.Since February, more than a dozen executives have been investigated or penalised as the CCDI began a fresh drive to “resolutely” fight misconduct in the sector and eradicate…

The US Environmental Protection Agency is preparing to release strict new proposed federal emissions standards for light-duty vehicles that, if implemented, would move the US car market decisively toward electric vehicles over the next decade. The EPA is considering emissions standards that could make up to two-thirds of new passenger vehicles sold in the US electric by 2032, according to a source familiar with the proposal. If implemented, the new greenhouse gas performance standards would start for light-duty vehicles that are model year 2027 and gradually increase through model year 2032. By 2032, the rules would ensure that 64% to…

U.S. stocks are poised for a mixed open on Monday, ahead of the beginning of first-quarter earnings season. At 6:24 p.m. Eastern time on Sunday, Dow Jones Industrial Average futures gained 52 points, or 0.1%, while the S&P 500 futures gained 0.2%, and Nasdaq Composite futures rose 0.1%. Crude oil futures (West Texas Intermediate, the U.S. standard) gained 0.3% to $80.94 a barrel. Brent crude, the international standard, gained 0.3% to $85.42 a barrel. This week’s notable earnings include: Tilray on Monday; Albertsons and CarMax on Tuesday; Rent the Runway on Wednesday; Delta Air Lines and Fastenal on Thursday; and…

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly!INVESTING NEWS & TRENDSHow your vote for Democrats or Republicans affects your stock market returns Consider hiring a financial adviser who belongs to a different political party from yours, writes Mark Hulbert. Read More The S&P 500 has hit a wall, but powerful market forces are shaping up to push it through The S&P 500 chart won’t turn bullish unless the index can break out over at least 4200 and probably 4300, writes Lawrence McMillan. Read MoreBanks managed…

Recent bank failures have blown a $22.5 billion hole in the insurance fund that protects bank customers–sparking a debate over who will pay to patch it up.  The collapse of Silicon Valley Bank is expected to cost the Federal Deposit Insurance Corp.’s deposit insurance fund roughly $20 billion, the agency estimates, while Signature Bank SBNY, +3.97%’s failure will cost about $2.5 billion. The bulk of those costs relate to covering deposits at the two banks that exceeded the standard federal deposit-insurance limit of $250,000, FDIC chair Martin Gruenberg said in Congressional testimony this week.  The FDIC in May will propose…

© Reuters. FILE PHOTO: An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. REUTERS/Kim Hong-Ji By Heekyong Yang SEOUL (Reuters) – South Korea on Friday said it will provide 7 trillion won ($5.32 billion) in financial support for its battery makers seeking to invest in infrastructure in North America over the next five years to help firms cope with the U.S. Inflation Reduction Act. Government support will include lowering lending rates and insurance premiums by as much as 20% as well as providing more loans and tax credits…

By Peter Nurse    Investing.com — Oil prices rose Tuesday, extending the previous session’s hefty gains in the wake of the surprise decision of OPEC+ to cut its production levels.  By 09:05 ET (13:05 GMT), futures traded 1.4% higher at $81.51 a barrel, while the contract rose 1.1% to $85.89 a barrel. Both benchmarks jumped more than 6% on Monday after the Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, announced over the weekend additional output cuts of just over 1 million barrels per day from May until the end of 2023. “We had…

By Peter Nurse Investing.com – The U.S. dollar edged higher in early European trade Wednesday, attempting to arrest two days of losses, but this safe haven remained fragile given the growing confidence in the health of the global banking sector. At 03:00 ET (07:00 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 102.328, after drops of about 0.3% in each of the past two sessions. The index remains marginally above last week’s low of 101.91, its weakest level since early February. Fed Vice Chair for Supervision told a Senate Banking…