Author: Press Room

Hello! In this week’s ETF Wrap, I caught up with BlackRock’s Gargi Chaudhuri and State Street Global Advisors’s Matthew Bartolini on where investors have been putting their capital and why.Please send feedback and tips to [email protected]. You can also follow me on Twitter at @cidzelis and find me on LinkedIn. Bonds have been the hot spot for money flowing into exchange-traded funds this year.  ETFs that buy bonds raked in $53 billion during the first quarter, or 65% of total inflows for U.S.-listed exchange-traded funds, according to a State Street Global Advisors report. That amounted to 114% more than the historical 10-year average…

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Wealthy couples fight about money. Couples who are just making ends-meet fight about money. Middle-class couples fight about money. Money is the greatest cause of stress for individuals and is a strong predictor of depression, general psychological distress, mental disorders and suicidal thoughts and behavior. Financial stress can be so severe that it can cause physical pain and lasting physical damage to your body.  Financial tension is common in many relationships: Does that tension likely spill over and affect the quality of your relationship?  Do you find yourself fighting about the same things when you fight about money?  Do some…

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What will this mean for Trump’s plans to again seek the White House? As Trump presses ahead with his 2024 campaign, here are a few questions and answers about possible criminal charges from the Manhattan district attorney, Democrat Alvin Bragg, and their effects. Question: Can an indicted person run for president? Answer: Yes. There’s nothing in the Constitution preventing it. Article II, Section 1, of the Constitution doesn’t mention criminal records. The only requirements to run are being a natural-born citizen at least 35 years old and resident in the U.S. for 14 years. “ Not only can an indicted…

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© Reuters. FILE PHOTO: Toyota Motor Corporation’s bZ SDN is pictured after a briefing on the company’s strategies on battery EVs in Tokyo, Japan December 14, 2021. REUTERS/Kim Kyung-Hoon By Daniel Leussink and Maki Shiraki TOKYO (Reuters) – Toyota Motor (NYSE:) Corp will introduce 10 new battery-powered models and target sales of 1.5 million EVs a year by 2026, aiming for steep growth in a market where it has long been lapped by rivals. The world’s largest automaker by sales will also set up a new, specialised unit to focus on next-generation battery EVs, senior executives said at a briefing…

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By Jarrett Renshaw (Reuters) – The Biden administration on Tuesday released final guidance on how clean energy companies can secure additional tax credits when investing in U.S. communities economically tied to fossil fuels like oil and coal. The Inflation Reduction Act (IRA) passed last year by Democrats extended a 30% tax credit for wind, solar and other green energy projects, but also provided an extra 10% boost to those investing in so-called “energy communities.” The boosted tax credit is central to the administration’s goal of ensuring areas long dependent on fossil fuels benefit from clean energy. It also helped secure…

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By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against most major peers on Wednesday, reversing some of its recent declines, and gained sharply against the yen, which was volatile as the end of the Japanese fiscal year approaches. The , which measures the currency against six rivals, was 0.18% higher on the day at 102.67, pulling away from the near seven-week low of 101.91 touched late last week. “The recent failures in the financial sector of the U.S. appear to be contained and the immediate bleeding has stopped,” Helen Given, FX trader at Monex USA, said. Improving risk…

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SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva on Thursday hinted that the government might change inflation targets, calling high lending costs “inexplicable” as he continued his push for lower interest rates. “If the inflation target is wrong, change the target,” the leftist leader said a meeting with journalists broadcast by TV channel GloboNews. The target is set by the National Monetary Council, comprising central bank Governor Roberto Campos Neto and the ministers of finance and planning. However, Lula said he was not looking to pick a fight with the appointee of former President Jair Bolsonaro whom he…

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There is no denying that the Biden Administration is pro working families. Take the Infrastructure Act which focuses on onshoring — bringing and keeping jobs in the United States. Take another look at the Federal Trade Commission (FTC), which is taking a pro-worker leap by exposing non-compete clauses — clauses which prevent millions of workers from taking a job with higher pay from a similar employer to the one they have now. Corporations use other sources of power to underpay and disempower workers, so the Department of Justice (DOJ) and the FTC are consulting with worker representatives on the effect…

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Jeep is updating its flagship Wrangler SUV with more capability, technology and features as it battles for off-road buyers against Ford’s newer Bronco.The 2024 Jeep Wrangler features an evolutionary exterior design, which is typical for the quintessential SUV, and a redesigned interior that includes additional safety, convenience and tech features such as a 12.3-inch center control screen.”Today, we are raising the bar once again by combining the most capable Wrangler to date, with more technology, comfort and safety features,” Jeep CEO Christian Meunier, said in a release pegged to the vehicle’s reveal Wednesday at the New York International Auto Show.In…

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