AM Best Assigns Issue Credit Rating to MetLife, Inc.’s New Senior Unsecured Notes

Yahoo Finance AU
Dire sign in Aussie dollar spike: 'On the warpath'
Australia is "straying from the narrow path", so could that spell a recession?
Yahoo Finance AU
$1.5 million pay day using simple $10 trick: 'Worth your attention'
Finance expert Ben Nash details how to avoid tax and build your retirement nest egg with these super tricks.
Bloomberg
A $100 Billion Bet on China’s Economy Sours as Warehouses Empty
(Bloomberg) -- In many parts of China, the warehouses and industrial parks that used to be a magnet for international investors are grappling with a surprising slowdown in business activity. Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorVW Latches Onto Rivian in $5 Billion EV Pact to Regain MomentumTrump Could Actually Lose Florida. Here’s Why.Nvidia Rout Takes Breather as Traders Scour Charts for SupportJulian Assange Leaves Court ‘Free Man,’
Insider Monkey
The Wealthiest Person in Singapore
We recently compiled a list of the 30 Wealthiest People in Singapore and in this article, we will look at the richest person in Singapore. An Outlook of the Singaporean Economy According to the Ministry of Trade and Industry (MTI), the Singaporean economy rose at a more rapid pace than expected in Q1 2024. The GDP […]
South China Morning Post
Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows
The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to mainland China have helped offset some of the currency's looming depreciation pressures. China's trailing 12-month net capital outflows stood at US$139 billion as of May 2024, the worst year for the figure since the period from 2016 to 2017, said the French investment bank Natixis in a presentation on Tuesday. Firms are reluctan
GOBankingRates
Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year
Most retirees live on a fixed income, so you're always looking for ways to reduce expenses and save money. This isn't always easy, especially if you're already living with the least amount possible,...
Bloomberg
China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks
(Bloomberg) -- The era of big paychecks for Chinese financiers is fast coming to an end as some of the industry’s biggest companies impose strict new limits to comply with President Xi Jinping’s “common prosperity” campaign.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoBolivia’s President Arce Swears in New Army Chief After Coup BidChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksFedEx Stokes Investors With Hint of a Freight DealYouTuber Dr Disrespe
Yahoo Finance AU
Aussie banks issue cashless warning: ‘Going digital’
Aussies are using less and less cash with the drop recorded across ages, incomes and locations.
NewsWire
Dire warning of several rate hikes this year
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
Insider Monkey
The Biggest Economy in the World by the End of 2024
We recently compiled a list of the 50 Biggest Economies in the World by the End of 2024 and in this article we will look at the country that topped our rankings. A Brief Analysis of the World Economic Outlook According to the United Nations, the global economic outlook has improved since January. The global […]
Yahoo Finance Video
Dot-com bubble feels 'very similar' to today's environment
With Nvidia up over 154% year to date, Stifel managing director and chief equity strategist Barry Bannister joins Morning Brief to give insight into Nvidia's (NVDA) recent moves and how the tech giant reminds him of Cisco's (CSCO) performance during the dot-com bubble. "What happened with Cisco (CSCO) is, and same thing happened to Microsoft (MSFT), and Amgen (AMGN) and a number of other big cap stocks, is their PE multiple was too high and they earned into it over the course of the next 15 years. So the earnings went up dramatically, as was expected. This happened with the nifty 50 stocks in the early 70s. They earned very well, but their PE multiples were too high ... those companies had these mid-30s, 40-time multiples. They earned into it over the course of a decade," Bannister explains. He outlines the similarities between the dot-com bubble and the AI sector today: "But what we have today is extreme optimism on new technology. Then it was the internet, now it's AI. Narrow markets, increasingly narrow markets with a high valuation. Equity ownership was very high. And the day traders and all that. I'm just saying that you have to have been there 25 years ago to remember that it was a very similar feeling environment today." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
CNN Business
Fed officials are talking down the chance of rate cut this year
At the beginning of the year, Federal Reserve officials projected they would cut interest rates three times this year. By June, they had lowered that projection to just one cut.
Bloomberg
Nvidia Rout Takes Breather as Traders Scour Charts for Support
(Bloomberg) -- Nvidia Corp. shares showed signs of steadying after a $430 billion selloff sent traders searching for signals as to where the bottom may be.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.Rivian Gets $5 Billion Lifeline in Joint Venture With VolkswagenJulian Assange Leaves Court ‘Free Man,’ Ending 14-Year DramaThe stock rose
Bloomberg
Micron’s Selloff Highlights Risk of Sky-High AI Expectations
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Yahoo Finance
A small group of tech stocks is driving the market rally — why that's 'not a flaw'
Wall Street strategists are arguing the stock market rally's next leg higher doesn't need broader participation.
Fortune
The U.S. is about to get slammed by a ‘very active’ hurricane season—but the carnage could be good news for these five insurance stocks, analyst says
“If this grim forecast comes to fruition, it will likely buoy pricing” for insurance, says CFRA Research’s Catherine Seifert.
Simply Wall St.
Top ASX Dividend Stocks To Consider In June 2024
Over the past year, the Australian market has shown a healthy uptick, growing by 9.9%, despite remaining flat in the last week. With earnings forecasted to grow by 14% annually, investors might consider dividend stocks that not only offer potential for steady income but also align with these promising market conditions.
Simply Wall St.
Companies Like QuinStreet (NASDAQ:QNST) Can Afford To Invest In Growth
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Fortune
Coinbase shares are down about 13% over 2 weeks alongside tumbling Bitcoin
The stock market has been losing confidence in the crypto exchange, as investors have sold $1.3 billion in spot Bitcoin ETF shares over the past two weeks.
Fortune
FedEx stock rockets almost 16% on earnings beat—and BofA boosts its price target
The company also plans to complete a review of FedEx Freight by the end of the calendar year.

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AM Best Assigns Issue Credit Rating to MetLife, Inc.’s New Senior Unsecured Notes

Latest stories

Dire sign in Aussie dollar spike: 'On the warpath'

$1.5 million pay day using simple $10 trick: 'Worth your attention'

A $100 Billion Bet on China’s Economy Sours as Warehouses Empty

The Wealthiest Person in Singapore

Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year

China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks

Aussie banks issue cashless warning: ‘Going digital’

Dire warning of several rate hikes this year

The Biggest Economy in the World by the End of 2024

Dot-com bubble feels 'very similar' to today's environment

Fed officials are talking down the chance of rate cut this year

Nvidia Rout Takes Breather as Traders Scour Charts for Support

Micron’s Selloff Highlights Risk of Sky-High AI Expectations

A small group of tech stocks is driving the market rally — why that's 'not a flaw'

The U.S. is about to get slammed by a ‘very active’ hurricane season—but the carnage could be good news for these five insurance stocks, analyst says

Top ASX Dividend Stocks To Consider In June 2024

Companies Like QuinStreet (NASDAQ:QNST) Can Afford To Invest In Growth

Coinbase shares are down about 13% over 2 weeks alongside tumbling Bitcoin

FedEx stock rockets almost 16% on earnings beat—and BofA boosts its price target