By David French, Andres Gonzalez and Davide Barbuscia NEW YORK (Reuters) – A dealmaking splurge by BlackRock (BLK) in 2024 may continue as the world’s largest asset manager is expected to opportunistically look to further expand in private credit, real estate, infrastructure or possibly private equity. New York-based BlackRock announced last week plans to buy […]
A cafe offers a glimpse into the past in the abandoned village of Lasta. There are no staff but instead an honor system, which allows visitors to serve themselves a coffee in exchange for a donation. CNBC Lasta, GREECE — There’s nobody around anymore to man Saint George cafe in Lasta, a mountainous village in
Altria (NYSE: MO) as a stock, is not all that attractive for investors. Over the past five years, the stock’s price is up roughly 10% — cumulatively. The main thing about Altria that’s likely attracting investors is its ultra-high 7% dividend yield and the fact that the dividend has risen with each passing year for
A good motto to follow heading into retirement is, “It’s always better to be overprepared than underprepared.” There are many other situations that this applies to, but it’s especially important regarding retirement finances because chances to earn money generally lessen in those years. That’s part of the beauty of Social Security, though. It provides a
The latest data from the U.S. Energy Information Administration (EIA) published Dec. 10 shows five states accounted for more than 70% of record U.S. natural gas production this year and last year, which includes a period when electricity generation from natural gas also reached new summer highs. The availability of domestic natural gas, along with
Key Takeaways The incoming Trump administration is expected to oversee changes to Obamacare, including allowing enhanced subsidies to expire, adding a new subsidy option involving health savings accounts, boosting price transparency, and revising ways you enroll in plans. Proponents of changes hope they will provide more choices, prevent fraud, and help manage overall individual and
The European Central Bank is heading for its final interest rate cut of the year on Thursday — and while the institution is expected to stick to a quarter rather than half-percentage-point trim, economists forecast that a faster pace of monetary loosening lies ahead. It will still be a crucial meeting to set guidance for
European Central Bank heads for last rate cut of year monthlywealthstream Read More »
There is no doubt that Nvidia (NASDAQ: NVDA) is the dominant player in the market for artificial intelligence (AI) chips, as its graphics processing units (GPUs) have played a central role in training popular AI models such as ChatGPT and Llama. The company’s terrific technological lead in the AI GPU space has given it a
November’s Consumer Price Index (CPI) will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its final interest rate decision of the year after cutting rates by 75 basis points so far in 2024. The report, set for release at 8:30 a.m.
The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. Bloomberg | Getty Images Chinese top leadership surprised the market Monday by signaling a shift in its monetary policy stance after 14 years, indicating the economic challenges facing the country are quite entrenched, yet an outsized stimulus is unlikely, according