You slide into the front seat of your car and put the key into the ignition. You turn the key, and you hear the engine sputter. You try again, and it still won’t start — your engine is stalled. You need to get a tow truck to bring your car to a mechani…
Stocks Rally As China Eases COVID Rules And As Banks Raise Dividends
Stocks rally as China eases COVID rules and as banks raise dividends, Oil rallies, Gold steady, Bitcoin stuck in the mud – OANDA US stocks are rallying after several banks boosted their dividends and China pivoted away from their strict COVID policy. W…
Warren Buffett To Donate His Wealth After His Death – Who Will Benefit?
Warren Buffett, the seventh richest person in the world, promised to donate 99% of his wealth to NGOs after his death. The “oracle of Omaha” will turn 92 in August but has not confirmed which organizations will receive his money. Warren Buffett’s Donat…
When Should I Annuitize My Annuity?
When to annuitize an annuity is a question that many retirees and people saving for retirement face. After many years of saving and waiting to start reaping the benefits, you finally reach retirement age and wonder: should I annuitize now? In one year?…
How Can Company Leaders Develop New Ones? Tips They Can Give Recent Grads
Company leaders who are welcoming recent college graduates to their organization see themselves in the young faces walking in the door. Like these new graduates, C-suite executives and department managers once made the challenging transition to the cor…
How The Stock Market And Traders Are Still Being Affected By The Pandemic
At the start of 2022, many economists and analysts predicted difficult trading conditions for the year ahead, on account of high inflation, stagnant economic growth and increases in the cost of living. For the most part, they were right in their foreca…
Private Equity Funds: Size Matters
Analysis by Citco reveals that the largest private equity funds deliver the highest returns to partners Private Equity Funds: Size MattersPrivate equity funds with more than $5B of commitments are delivering higher average carried interest rates to par…
Russia’s Default Is A Reality As Grace Month Is Over
Russia’s default has finally arrived on its sovereign debt in foreign currency for the first time in more than a century. Moscow has been unable to pay the interest on two bonds in dollars despite having enough foreign exchange reserves to do so. Inves…
Binance CEO Changpeng Zhao Has Lost More Money Than Anyone In History
Binance CEO Changpeng Zhao, once one of the 10 richest men in the world, is making headlines after becoming the person who has lost the most money in history. His once mammoth fortune has plunged to $11 billion from $97 billion in the space of five mon…
Infotech Capital Offerings Raise $2.94B In May – S&P Analysis
The figure is a 63.73% drop from the April total of about $8.1 billion. It is also the sector’s second-lowest monthly total in 2022, after the $2.04 billion raised in January. Capital Raised By Infotech CompaniesKey highlights from the report include: …