Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright rejection by the people. The ZiG was introduced electronically in early April, but people are now able to use banknotes and coins. (AP video: Pindai Dube/Nqobile Ntshangase) (April 30)
Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million. Shares in Sarasota, Fla.-based TMTG — which says it is a “safe harbor for free expression amid increasingly harsh censorship …
Is TD Bank stock a buy after its money-laundering regulatory problems? The post TD Bank in Hot Water: An ‘Exceptional’ Opportunity appeared first on The Motley Fool Canada.
"Canadians look likely to get a small dose of rate relief in the coming weeks."
Are you wondering what TSX energy stocks could pay and grow their dividends for decades ahead? Here are two for long-term passive income! The post Want Decades of Passive Income? 2 Energy Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.
These two utilities stocks can be some of the best picks for investors if you want to shell out some capital for safe returns. The post 2 No-Brainer Utilities Stocks to Buy Right Now for Less Than $200 appeared first on The Motley Fool Canada.
Michael Burry bought about $8 million worth of a trust that owns physical gold bullion. John Paulson has been betting big on gold for years.
As the Canadian market continues to benefit from moderating inflation trends and a robust economic backdrop, investors are increasingly looking towards stable income-generating options. In this context, dividend stocks emerge as particularly appealing investments, offering potential for steady returns amid fluctuating market conditions.
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
(Bloomberg) -- A coalition of Tesla Inc. shareholders is urging its peers to reject the $56 billion pay package for Chief Executive Officer Elon Musk that the company’s board has asked investors to approve again.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceASML and TSMC Can Disable Chip Machines If China Invades TaiwanHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Iran State TV Says ‘N
Canada's annual inflation rate slowed to a three-year low of 2.7% in April and core measures continued to ease, data showed on Tuesday, prompting money markets to see an increased chance of an interest rate cut in June. The April inflation figures are critical for Bank of Canada Governor Tiff Macklem, who has repeatedly said he would like to see more evidence that prices are easing before deciding on when to start cutting rates. "Canadian central bankers should have the evidence they need to begin easing monetary policy," Royce Mendes, head of macro strategy for Desjardins Group, wrote in a note, adding that he was expecting the first rate cut to happen in June.
(Bloomberg) -- Copper surged to its highest-ever level, extending a months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Speedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bears on Wall Street T
Meme stocks, which are trading largely divorced from company fundamentals, have seen a resurgence last week when social media user Roaring Kitty posted for the first time in years.
STOCK ALERT U.S. stocks are poised to open higher on Monday, ahead of the release of the Federal Reserve’s May meeting minutes, more retail earnings, and fresh housing data. On Sunday, at 6:15 p.m. Eastern time, Dow Jones Industrial Average futures were up 36 points, or 0.
Why can't we seem to squash this myth?
Monthly pay dividend stocks like First National Financial (TSX:FN) cut you a cheque each month. The post Pensioners: 2 Stocks That Cut You a Cheque Each Month appeared first on The Motley Fool Canada.
Bitcoin and other cryptocurrencies were falling Monday, with the crypto sector’s momentum still highly dependent on flows into exchange-traded funds. The largest cryptocurrency hit a record high near $74,000 in mid-March amid a surge of interest from new spot Bitcoin exchange-traded funds (ETFs) but its price has dropped since then.
(Bloomberg) -- Gold trimmed gains as traders booked profits after prices surged to a record on increasing optimism over the Federal Reserve’s monetary policy and rising geopolitical tensions in the Middle East.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Speedier Wall Street Trades Are Putting Global Finance On EdgeOne of the Last Big Bea
The time for completing a stock transaction is being halved to a single day — and that comes with risks.
STORY: The Nasdaq touched a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia's highly anticipated earnings on Wednesday."Should it hold so much import? You could make the argument it should," said Mayfield of Nvidia. "The theme of the next five, 10, 50 years is AI, and they are kind of the fuel to that fire."Speaking with Reuters' Lisa Bernhard, Mayfield also noted the current "everything rally", with gold and copper hitting record highs, and the price of silver at an 11-year peak.Not spiking on Monday: shares of Target, after the retailer said it would cut prices on 5,000 items to lure shoppers, suggesting lower-end consumers may still be struggling while others continue to spend."I think different sleeves of the the consumer are starting to split a little bit more than we've seen," Mayfield said.
The S&P 500 will soar to 6,500 before it could face a major correction, Capital Economics predicted.
