SoundThinking to Present at the 19th Annual Needham Technology, Media, & Consumer Conference on May 15, 2024

GOBankingRates
Cutting Out These 9 Expenses Will Save Retirees Over $29,000 a Year
Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
Australian Associated Press
Rationale behind RBA's last cash rate call on show
The minutes from the last Reserve Bank meeting will outline the thinking behind keeping rates on hold and how seriously the case to hike was considered.
Bloomberg
Gold Trims Gains as Traders Book Profit After Fresh Record
(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 SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksHims Debuts $199
Bloomberg
Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal
(Bloomberg) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksHims Debuts $199 Weight-Loss Shots at 85% Discount to Wegovy
Fortune
Red Lobster files for bankruptcy
Company will sell its assets to lenders.
GOBankingRates
7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account
If you've taken the advice to save as much money as in an emergency fund or other form of savings, you should feel entitled to take out money when needed. That's what it's there for, after all. Learn...
Bloomberg
Copper Hits Record Above $11,000 on Bets That Shortage Looms
(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 SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksHims Debuts $199 Weight-Loss Shots
Bloomberg
Jamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’
(Bloomberg) -- Jamie Dimon has long joked that his retirement is five years away, no matter when he’s asked. But not on Monday. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyThe chief executive officer of JPMorga
Reuters
Anglo shareholder LGIM supports break-up plan as BHP circles
Anglo American shareholder Legal & General Investment Management (LGIM) supports the break-up plan announced by the company last week, it said on Monday, as the deadline approaches for BHP Group to log a formal takeover offer. The radical plan to divest Anglo's less profitable coal, nickel, diamond and platinum businesses followed its rejection of two all-share takeover approaches from BHP, the world's biggest listed mining group, which had proposed a $43 billion deal on the condition that Anglo first spins off its South African operations. "The plan outlined by Anglo American is a radical but attractive strategy to create value for long-term investors," said Nick Stansbury, head of climate solutions at LGIM.
Bloomberg
Speedier Wall Street trades are putting global finance on edge
The time for completing a stock transaction is being halved to a single day — and that comes with risks.
GOBankingRates
8 Ways Middle-Class People Become Poor in Retirement
After working for most of your adult life, the last thing you want to do is stress about your finances and paying hefty bills in your golden years. You want to enjoy your retirement after committing...
Reuters
Morning Bid: Metals zoom as investors wait on rates
Copper and gold made record highs in Asia trade on Monday and silver surged over $30. Gold's 18% rally over the year to date has been attributed, variously, to Chinese buying, global political tension and expectations that U.S. rates will start to fall soon, seen as a boon for a metal that does not pay a yield at all.
Reuters
Dollar edges higher as investors await Fed guidance
NEW YORK (Reuters) -The dollar edged up against the euro on Monday as investors awaited further clues on the path of U.S. interest rates in the wake of cautious comments from Federal Reserve officials, even as inflation showed signs of cooling. Federal Reserve officials are not ready to say inflation is heading to the U.S. central bank's 2% target after data last week showed a welcome easing in consumer price pressures in April, with several on Monday calling for continued policy caution. Atlanta Fed President Raphael Bostic said on Monday it will take a while for the Federal Reserve to be confident that inflation is on track back to its goal.
NCA NewsWire
ASX advances on mining, energy stocks
A rally in prices for key commodities including oil, iron ore, nickel, gold and copper sent the benchmark within 33 points of its record high.
Yahoo Finance AU
Big banks slammed for ‘abandoning’ mortgage customers
More mortgage holders are experiencing hardship as interest rates rise and cost-of-living pressures bite. And banks aren't doing enough to help them.
Simply Wall St.
ASX Growth Companies With Insider Ownership As High As 18%
Today, the ASX200 experienced a decline of 0.85%, with most sectors losing ground except for materials. Notably, IT stocks faced significant pressure, dropping over 3%, and the Health Care sector also saw a decrease of 2%. In such fluctuating market conditions, companies with high insider ownership can be particularly compelling as these insiders may have a deeper commitment to the company's success and resilience in challenging times.
Bloomberg
Ex-Nuveen Trader Gets 70 Months for Insider-Trading Scheme
(Bloomberg) -- A former Nuveen equity trader was ordered to spend almost six years behind bars after admitting he tipped off another man to the firm’s trades as part of a $47 million front-running scheme.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksHims Debuts $199 Weigh
Simply Wall St.
Exploring Three Japanese Growth Companies With High Insider Ownership On The Tokyo Stock Exchange
Despite a backdrop of economic contraction and modestly rising bond yields, Japanese equities showed resilience last week, with the Nikkei 225 Index gaining 1.5%. In this context, exploring growth companies with high insider ownership on the Tokyo Stock Exchange could offer intriguing insights into firms that are potentially well-positioned to navigate Japan's complex market dynamics.
GOBankingRates
TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor
Everyone should be investing a good portion of their income. It's one of the key ways to build wealth (if you need an example, just look at multibillionaire Warren Buffett, who built much of his net...
Insider Monkey
Is Texas the State with the Lowest Tax Burden In the US?
We recently prepared a comprehensive report of 15 States with the Lowest Tax Burden in the US. Click to see the free report. But the interesting question to answer is: Is Texas really the State with the Lowest Tax Burden In the US? Texas State Tax Burden: 7.68% Income Tax: 0% Sales Tax: 6.25% Property […]

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SoundThinking to Present at the 19th Annual Needham Technology, Media, & Consumer Conference on May 15, 2024

Latest stories

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

Rationale behind RBA's last cash rate call on show

Gold Trims Gains as Traders Book Profit After Fresh Record

Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal

Red Lobster files for bankruptcy

7 Things To Know If You Withdraw More Than $10,000 From Your Checking Account

Copper Hits Record Above $11,000 on Bets That Shortage Looms

Jamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’

Anglo shareholder LGIM supports break-up plan as BHP circles

Speedier Wall Street trades are putting global finance on edge

8 Ways Middle-Class People Become Poor in Retirement

Morning Bid: Metals zoom as investors wait on rates

Dollar edges higher as investors await Fed guidance

ASX advances on mining, energy stocks

Big banks slammed for ‘abandoning’ mortgage customers

ASX Growth Companies With Insider Ownership As High As 18%

Ex-Nuveen Trader Gets 70 Months for Insider-Trading Scheme

Exploring Three Japanese Growth Companies With High Insider Ownership On The Tokyo Stock Exchange

TikTok’s Humphrey Yang Claims These 5 Investments Will Keep You Poor

Is Texas the State with the Lowest Tax Burden In the US?