How Young Investors Can Navigate European Markets: Experts

Stock markets will periodically experience losing streaks […] Make It, a personal financial expert told CNBC, and every investor will experience that from time to time. Xavier Lorenzo | moment | Getty Images Investing was hot earlier in the Covid-19 pandemic — stock markets boomed, as did retail investment apps, meme stocks, and cryptocurrencies. Trading … Read more

Corporate profits hit a record in the third quarter amid the highest inflation in 40 years

Corporate earnings in the non-financial sector hit a record $2.08 trillion in the third quarter even as 40-year-old inflation continued to put pressure on American consumers. Earnings adjusted for inventories and capital consumption rose $6.1 trillion from the second quarter to the third fiscal quarter, the Commerce Department reported Wednesday, continuing a steep recovery from … Read more

Europe’s anti-American itch – Politico

Click play to listen to this article expressed by artificial intelligence. BERLIN – It’s getting cold in Europe, and so is the economy cisterns And the citizens get it Insomnia. There is only one answer: Blame America. Signaling across the Atlantic has long been a favorite diversionary tactic for Europe’s political elites when things start … Read more

Inflation is declining. Here’s what that means for your annual salary increase

Physics | iStock | Getty Images Inflation and annual wages are not in a one-to-one relationship. This became apparent to many workers last year when annual merit increases in salaries and wages were nowhere near the highest levels of inflation in four decades. Many employees stuck, even as wages increased by more than has been … Read more

Berlin Adjusts to French ‘Buy Europe’ Plans as Global Trade Rules Erode – POLITICO

Click play to listen to this article expressed by artificial intelligence. BERLIN – With the threat of a new US support package that could hurt industry in the European Union, Germany is backing away from its longstanding objections to schemes such as France’s “European Purchase Act” that would make provisions for buying goods domestically. Berlin’s … Read more

Holiday shopping begins as inflationary sentiment drops

NEW YORK (AP) — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty remains. The US labor market remains strong, consumer spending is resilient and inflation is slowing. But higher prices for food, rent, gasoline and other household costs have weighed on shoppers. As a result, many are reluctant to spend … Read more

There is no win-win situation in a fragmented world

Singapore’s education minister, Chan Chun Sing, said in his keynote address at the Morgan Stanley Asia-Pacific Summit in Singapore on Wednesday that Singapore will not take sides in geopolitical disputes and will instead take positions in support of the rule of law. He said the world must remain interconnected despite the pressures of disintegration, because … Read more

Worried about stagnation? 5 questions to evaluate your money

The Consumer Price Index (CPI) for October slowed to 7.7%, lower than economists had expected. However, with US inflation continuing to rise and warnings of a recession, many investors are concerned about their savings. In fact, 63% of middle-income earners and 43% of high-income workers live from paycheck to pay, according to a survey of … Read more

Democrats who crushed businesses and closed schools during Covid are reaping a storm now: David Marcus

You won’t find “Covid response” ranking among the top voters in any of the public opinion polls. Justified concerns about the economy, inflation, crime and education are the issues that grab all the headlines. But think for a moment: The COVID pandemic is lingering like a hangover over everything. Has your business gone under? Have … Read more