Business

California may be a veritable paradise on Earth, with a salutary climate, famously pleasant weather year-round, and abundant natural resources, but it’s no secret that the Golden State also has its share of natural disasters. Recent years have seen an acceleration of wildfires in California, born of warm weather, extensive …

While you’ve probably had a consistent experience going to the pharmacies operated by Walgreens Boots Alliance (NASDAQ: WBA) over the years, that doesn’t make it a company that’s in stasis. In fact, within the next three years, there’s a very high chance that it’ll be changing in a handful of …

Stocks managed to secure solid wins ahead of a critical interest rate decision from the Federal Reserve, which has investors on edge over how aggressively the central bank will bring down interest rates. The tech-heavy Nasdaq Composite (^IXIC) led markets higher to nab its best week of the year, up …

High-yield dividend stocks offer two key benefits. They provide regular cash flow through dividend payments and, when dividends are consistently reinvested, have often outperformed the S&P 500 over extended periods. High yields, however, warrant scrutiny. They often result from falling share prices or overly generous payout policies. The payout ratio, …

Li Wen, a human resources director at a state-owned enterprise in Nanchang, Jiangxi province, paid off an outstanding 200,000 yuan (US$28,170) on her home loan ahead of schedule in January, soon after she received her annual bonus at work. The 36-year-old had been repaying her loans, totalling 600,000 yuan, in …

Consultancy PwC estimates artificial intelligence (AI) will contribute more than $15 trillion to the global economy by 2030. Investors hoping to benefit are piling into AI stocks, and Nvidia (NASDAQ: NVDA) and Palantir Technologies (NYSE: PLTR) have been two of the most popular choices. In the last two years, Nvidia …

(Bloomberg) — A slew of poor economic data from China is deepening pessimism among equities traders wondering what it’d take for authorities to initiate forceful stimulus. Most Read from Bloomberg Figures released Saturday showed Chinese factory output, consumption and investment all slowed more than forecast for August, and the jobless …

(Reuters) -Bank of Canada Governor Tiff Macklem has opened the door to stepping up the pace of interest rate cuts, the Financial Times reported on Sunday. Macklem told the newspaper in an interview that rate-setters are concerned about Canada’s labor market and the possibility of lower oil prices hitting the …

Letting your cash collect 5% in interest is easy, giving that up is hard. – MarketWatch photo illustration/iStockphoto When the Federal Reserve began raising interest rates in 2022, financial adviser David Flores Wilson needed time convincing clients to put their cash in places where it would produce yield — like …

Fourteen months. That’s how long financial commentators have been speculating about the day the Federal Reserve will finally start cutting interest rates again. Deliverance is finally due to arrive on Sept. 18, 2024, when the Fed’s policymaking committee concludes its next meeting. At the moment of climax, the federal funds …