When the Federal Reserve lowered its benchmark interest rate by half a percentage point on Sept. 18, I wasn’t particularly surprised. Since I keep tabs on inflation data (it’s my job, after all), I knew that the central bank was ready to make its first interest cut of the year. And I wasn’t shocked that…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Department of Justice is preparing to file an antitrust lawsuit against Visa, accusing the payments company of anti-competitive behaviour. Federal prosecutors are set to file a lawsuit as early as Tuesday, said a…
Nitat Termmee | Moment | Getty Images There are few certainties when it comes to investing. The stock market can seem to gyrate with little rhyme or reason, guided up or down by unpredictable news cycles and fickle investor sentiment. Average stock returns have historically trended up over long time periods, but their trajectory is…
Struggling Jeep and Ram maker Stellantis is looking for a CEO to succeed Carlos Tavares, but the company says it’s just part of a normal leadership succession plan. Tavares has been under fire from U.S. dealers and the United Auto Workers union after a dismal first-half financial performance when the company was caught off guard with too…
This article was written by Follow I take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies…
Bad news has brought Hershey stock down, but that’s an opportunity for long-term investors willing to go against the grain. Confectionery giant Hershey (HSY -0.15%) is known for candy coating things, but there’s really no way to make a 25% stock drop more palatable. Investors are clearly worried that the company has big problems that…
China’s demand that the public sector step up use of domestic semiconductors can best be seen within Huawei’s Qingyun L540 laptop. The “safe and reliable” device features a self-designed processor and a Chinese-made operating system, having stripped out foreign-made components and software as much as possible. The computer, which is being snapped up by governments and…
Pan Gongsheng, governor of the People’s Bank of China, delivers a speech during the 2024 Lujiazui Forum on June 19, 2024 in Shanghai, China. Vcg | Visual China Group | Getty Images BEIJING — People’s Bank of China Gov. Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator heads. The…
Elon Musk lost a legal fight over unpaid severance to a former Twitter employee who was laid off when he took over the social media platform in 2022, according to a memo obtained by Bloomberg News. The resolution of the dispute, which was handled through arbitration, comes almost two years after Musk acquired Twitter for…
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