Washington Post columnist Heather Long says tougher rules brought in after the 2008 banking crisis were eventually loosened to allow weaker capital requirements for mid-size financial institutions like Silicon Valley Bank.
(Bloomberg) -- The startup of a new Chinese oil refinery is fueling a rebound in heavy crude oil markets just weeks after prices bottomed out. Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketFBI Releases Files on Ivana TrumpScotiabank Economist Excoriates Trudeau, Freeland Over $32 Billion Spending BoostChina’s state-owned PetroChina, owner of the new plan
Once you've entered retirement, you'll need to have a plan for your retirement savings account. Ideally, you'll utilize these savings in a way that can make your nest egg last for years to come -- but...
Pricey add-ons could start ruffling EV-buyer feathers — but automakers might struggle to survive without them, a new study says.
(Bloomberg) -- South Korea’s parliament easily approved a bill Thursday to boost the country’s powerhouse semiconductor industry by giving firms tax breaks to spur investments.Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida Cities$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketUS Air Force Plans to End Lockheed Hypersonic Weapon ProgramScotiabank Economist Excoriates Trudeau, Freeland Over $32 Billion Spendin
(Bloomberg) -- Russia said top agricultural commodities trader Cargill Inc. will stop exporting its grain, adding to uncertainty over the future of Black Sea crop shipments. Most Read from Bloomberg$52 Billion Chipmaking Plan Is Racing Toward FailureNew Yorkers Are Moving to These Three Florida CitiesFBI Releases Files on Ivana Trump$335,000 Pay for ‘AI Whisperer’ Jobs Appears in Red-Hot MarketUBS Veteran Ermotti Returns to Lead Credit Suisse TakeoverAs the biggest wheat exporter, Russian grain
Retirement is the culmination of decades of financial decisions, and the unfortunate truth is that some of those decisions aren't always good. This is exceedingly common, in fact. At present, millions...
WASHINGTON (Reuters) -The Biden administration on Tuesday imposed new trade restrictions on five Chinese companies for allegedly aiding in the repression of the Uyghur Muslim minority but China rejected the accusation as "lies" aimed at constraining it. According to Hikvision's 2021 half-year report, at least four of the companies facing new curbs belong to the Chinese surveillance camera maker including Luopu Haishi Dingxin Electronic Technology Co, Moyu Haishi Electronic Technology Co, Pishan Haishi Yong'an Electronic Technology Co and Urumqi Haishi Xin'an Electronic Technology Co.
Depending on what stage you're at in life, you may either be thinking very carefully about retirement, or not worrying much about it at all. I'm a Self-Made Millionaire: These Are the 6 Investments...
The chief executive of Jeep-maker Stellantis doesn't think there are enough of the necessary raw materials on earth to meet the industry's EV needs.
China is ramping up efforts to develop home-grown semiconductor talent as it seeks to rapidly fill a shortage of expertise that has been made worse by U.S. efforts to limit Beijing's access to advanced chip technology. Enrolments for undergraduate and post-graduate courses have surged over the past five years thanks to new funds for top universities as well as a boom in smaller private schools focused on shorter-term instruction. "The prospect of the chip industry is promising, while the employment for software engineers from ordinary schools is not as good as before," said Clara Zhao, who studied materials science at university before securing a job in the chips sector.
There are many different approaches and strategies for retirement investing that might appeal to you. But how do you tell if a certain strategy works for your situation? When evaluating different approaches, consider how each strategy is put together and … Continue reading → The post Here's How Much to Keep in Stocks, Bonds and Cash in Retirement appeared first on SmartAsset Blog.
One often-overlooked aspect of retirement planning is the effect of taxes. Without proper planning, taxes can take a significant bite out of your nest egg. Do You Know: What Is the Standard Deduction...
The criteria for new U.S. semiconductor subsidies is worrying companies such as Samsung Electronics Co Ltd and SK Hynix Inc, South Korean President Yoon Suk Yeol said on Thursday, a concern shared by the world's leading contract chipmaker in Taiwan. Conditions include sharing excess profit with the U.S. government, and three industry sources said the application process itself could expose confidential corporate strategy.
Indian Billionaire Gautam Adani has seen his net worth plunge after short seller group Hindenburg Research published a damning report, but the billionaire has managed to recoup $20 billion in 30 days following the attack
NEW YORK (Reuters) -Oil prices rose more than 1% on Thursday, supported by lower U.S. crude stockpiles and a halt to exports from Iraq's Kurdistan region, which offset pressure from a smaller-than-expected cut to Russian supplies. West Texas Intermediate crude rose $1.15, or 1.6%, to $74.12. Supporting prices, producers have shut in or reduced output at several oilfields in the semi-autonomous Kurdistan region of northern Iraq following a halt to the northern export pipeline, company statements showed.
Qatar's state-owned energy company on Wednesday signed a deal to acquire from ExxonMobil stakes in two Canadian offshore explorations block, the latest in the Gulf state's efforts to expand its global oil and gas portfolio. QatarEnergy, the world's largest producer of liquefied natural gas (LNG), has in recent years entered some of the most promising oil and gas basins through deals with top Western companies eager to secure stakes in Qatar's LNG industry.
A UK trial of a four-day workweek was largely successful. All but five of the 61 companies that took part said they planned to continue the model.
The deposition is expected in early May, according to Brad Edwards, a lawyer representing women who claim they were sexually abused by Epstein and are suing the largest U.S. bank for allegedly enabling the financier's sex trafficking. JPMorgan declined to comment. Epstein had been a JPMorgan client from 2000 to 2013 - five years after he pleaded guilty to a Florida prostitution charge.
In a bid to lower expenses, the company also decided to exit and sub-lease office facilities that it did not currently occupy. Roku had in November cut 200 jobs in the United States, where companies, led by technology giants such as Meta Platforms and Amazon.com Inc, are bracing for a potential economic downturn amid rising borrowing costs around the world. Job cuts in U.S. tech sector hit 63,000 in the first two months of the year, according to data from Challenger, Gray & Christmas Inc.
Russian oil giant Rosneft has filed a suit against Reuters in a Moscow court, alleging parts of a Reuters article about BP's decision to exit its stake in Rosneft were defamatory. Rosneft's claim, filed in Moscow Arbitration Court on March 16, alleges that several statements attributed to BP executives in the story are false, including one saying Rosneft was "dissonant" with BP's strategy. It also said a sentence saying France had linked a yacht it had impounded to Rosneft Chief Executive Igor Sechin was false.
