LONDON (Reuters) – Europe is sweltering under a record-breaking heatwave, with a number of governments issuing health emergency alerts.A woman works at the Community of Madrid Medical Emergency Service (SUMMA) call centre during the second heatwave of the year, in Madrid, Spain, July 14, 2022. REUTERS/Isabel Infantes/File PhotoWHAT ARE THE RISKS? Heat affects health in a number of ways. Heat […]

After giving back some ground in the previous session, treasuries moved back to the upside during the trading day on Friday. Bond prices pulled back off their early highs but remained in positive territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 3 basis points to 2.930 percent. The rebound […]

Gold prices tumbled on Thursday as the dollar climbed higher on safe-haven demand after data showing a bigger than expected increase in U.S. inflation fueled expectations about more aggressive policy tightening by the Federal Reserve at the upcoming policy meeting, due later this month. The dollar index rose to a fresh 20-year high at 109.29 before paring some gains. Still, […]

If you’re looking for the must-have object for the era of self-optimisation, designed to ensure your life runs as efficiently as possible, look no further than the smartwatch. The device on your wrist can track your sleep, your heart rate, your exercise regime, your menstrual cycle – and in return for handing over your most personal information, it delivers better, […]

New York (CNN Business)American public pension funds are facing serious challenges that threaten the retirement plans for millions of US state and local government employees. Pension plans remained severely underfunded during the 11-year bull market that followed the Great Recession. The plunge toward insolvency and high-return markets led fund managers to take on risky bets in hope of staying afloat. […]

Rising interest rates have drastically pushed down markets among other things but one asset class that tends to survive rate increases and inflationary times is real estate investment trusts, or REITs. One major Wall Street brokerage house has some picks in this asset class that it is betting big on. Barclays has issued a few calls with a focus on […]

New York (CNN Business)For the first time in 20 years, the exchange rate between the euro (EUU) and the US dollar has reached parity — meaning the two currencies are worth the same. The euro hit $1 on Tuesday, down about 12% since the start of the year. Fears of recession on the continent abound, stoked by high inflation and […]