(Reuters) – Investment flows into U.S. equity funds jumped to a five-week high in the week ended March 17, buoyed by optimism over a massive stimulus package and on expectations that the Federal Reserve’s monetary policy stance would remain dovish.FILE PHOTO: Morning sunlight falls on the facade of the New York Stock Exchange (NYSE) building after the start of Thursday’s […]
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FILE PHOTO: A nearly empty trading floor is seen at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020. REUTERS/Brendan McDermid(Reuters) – The S&P 500 and the Dow opened slightly lower on Friday as bank stocks dropped following the U.S. Federal Reserve’s decision to let the exemption of some bank leverage requirements expire. The Dow Jones […]
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The economy is rebounding from the pandemic-induced downturn. Where should investors put their money? Some investors try to time the market or trade in individual stocks particularly those related to hot tech firms. It's best to stick to your tried-and-true plan, focusing on allocation, savings priorities, estate planning and debt refinancing while rates are still low. Despite concern over rising […]
Read moreFord Motor Corp.’s all-new 2021 F-150 Police Responder, claimed to be the only purpose-built, pursuit-rated pickup truck in the United States, has opened its government order bank. The vehicle, launched ahead of spring state and local government bid cycles, is part of the company’s best-selling police vehicle lineup in the country. F-150 Police Responder is assembled at Kansas City Assembly […]
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TOKYO (Reuters) – The Bank of Japan loosened its grip on long-term bond yields and laid the groundwork to taper its huge asset purchases, as part of steps to make its stimulus programme sustainable enough to weather a prolonged battle to fire up inflation.FILE PHOTO: A security guard walks past in front of the Bank of Japan headquarters in Tokyo, […]
Read moreUber Technologies Inc. (UBER) and Lyft Inc. (LYFT) are set to share information about drivers and delivery people who are deactivated from each company’s platform for the most serious safety incidents, including sexual assault and physical assaults resulting in a fatality. The ride-hailing companies are introducing a fist-of-its-kind “Industry Sharing Safety Program” with the goal of further enhancing the safety […]
Read moreAlabama Montgomery: Two Alabama National Guard-staffed mobile vaccination units will begin canvassing counties in the Black Belt and Wiregrass regions next week in an effort to expand COVID-19 inoculations to some of the state’s most rural communities. Vaccinations will begin Tuesday in Covington and Sumter counties. Gov. Kay Ivey announced the locations Thursday, saying in a statement that delivering vaccine […]
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FILE PHOTO: The logo of Swiss power technology and automation group ABB is seen at the Swiss Economic Forum (SEF) conference in Interlaken, Switzerland May 24, 2019. REUTERS/Arnd WiegmannZURICH (Reuters) – U.S.-based investment manager Capital Group has increased its stake in ABB to 5.05%, a regulatory filing showed on Friday, becoming the second-biggest shareholder in the Swiss engineering company. Capital, […]
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A flurry of countries around the world had suspended the use of the Oxford-AstraZeneca vaccine as a precautionary measure following reports of blood clots in some vaccinated people. Johnson, 56, has sought to reassure the public that the vaccine is both safe and effective. The U.K. leader was himself treated in hospital for Covid-19 in April last year and spent […]
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