Tag: C&E Executive News Filter
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I’m a single parent with 2 kids, and owe $27,000 after being scammed. What now?
[ad_1] I’m a single parent with two kids, and fell victim to an online dating scam. I have no legal recourse as I did this on my own, thinking I was helping someone. My credit has now tanked. I owe $17,000 on one credit card, and I have two loans of $5,000 each. I have my…
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NatWest CEO resigns after admitting to be source for inaccurate story on Nigel Farage
[ad_1] The chief executive of NatWest resigned on Wednesday, leaving after admitting to leaking banking information on a conservative politician to the BBC. Alison Rose will step down “by mutual consent,” just a day after she said she was the source of a story from the BBC that Nigel Farage had his account closed because…
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Billionaire owner of Tottenham football club charged with insider trading
[ad_1] U.S. prosecutors have called an offsides on the British billionaire owner of Tottenham Hotspur soccer team, charging him with a “brazen insider-trading scheme,” in which he passed secret stock tips worth millions to his girlfriends, private pilots and assistants for years. Joe Lewis, 86, who is one of the richest people in the United…
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Opinion: Fed officials were slow to fight inflation. Now they may be too easy on it.
[ad_1] Political pressures on the U.S. Federal Reserve and President Joe Biden’s economic agenda have delivered a painful blow — inflation still above the Fed’s 2% target, high interest rates and declining living standards. COVID-induced supply chain disruptions can be blamed for about half of the surge in inflation that began in early 2021. Most of the…
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How Barbie conquered America – MarketWatch
[ad_1] Barbie built her dream marketing campaign. On Friday evening, as Barbie fever took over movie theaters across America — and the world — one scene struck me as romantic, poignant and sort of beautiful. But it wasn’t a scene from the feel-good movie, which was designed to lift spirits while taking some swipes at…
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Opinion: How you feel about the market matters more than the stocks and bonds you like
[ad_1] Seventy-one years ago, Harry Markowitz revolutionized how individuals and institutions invest by drawing attention away from individual security selection and focusing it on portfolio construction more broadly. To Markowitz, which stock a portfolio held mattered far less than the mix of stocks, bonds and other broad asset classes. Moreover, long-term benefits could be gained…
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Opinion: China is feeling the pinch from a weakening global economy and U.S. restrictions
[ad_1] For decades, China set a shining example of how to capitalize on globalization to accelerate domestic economic growth and development. These days, however, the country risks becoming a cautionary tale about mishandling globalization’s shift from a beneficial tailwind to a disruptive headwind. Although the Chinese economy’s recent travails have some unique characteristics, they illustrate…
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Stock market strategist David Rosenberg gives the Fed no credit — and no mercy
[ad_1] It’s said that you don’t know an economy is in a recession until it’s in one. Or as David Rosenberg puts it: “Recessions are like an odorless gas. They sneak up on you.” These days, Rosenberg is looking for fresh air. A former chief North American economist at Merrill Lynch and now president of…