Tag Archives: move

3 top dividend stocks yielding as high as 8.7% — with inflation still near 40-year highs, it might be a good move to nail down some income Inflation is on a white-hot tear. U.S. consumer prices surged 8.3% in April from a year ago, down slightly from 8.5% in March, but still near 40-year highs. Whether central bankers believe inflation is short-lived, prices are on the rise right now. To preserve purchasing power, investors usually turn to assets like gold and silver during inflationary times…. Source link

The Federal Reserve on Wednesday raised short-term interest rates by 0.50%, as part of an effort to tamp down the inflationary pressures weighing on Americans. The central bank suggested that it will further raise borrowing costs throughout this year as it attempts to undo its pandemic-era, easy money policies. The policy-setting Federal Open Market Committee also detailed plans on unwinding its nearly $9 trillion balance sheet. The decision to raise rates by 0.50% marked the most aggressive… Source link

Apple’s value chain in China, an emblem of the country’s global role as a source of labour and assembly, has been hit hard by strict lockdowns in Shanghai and neighbouring provinces, raising the risk that the US tech giant may accelerate a shift of its operations away from China, say analysts. While it is hard to put an exact figure on the losses resulting from the disruption to transport and production along Apple’s extensive value chain in China, chief financial officer Luca Maestri told a… Source link

San Francisco Fed President Mary Daly said Thursday that she sees the case for quickly moving to raise interest rates this year as inflation remains high. “I like to think of it as expeditiously marching towards neutral. It’s clear the economy doesn’t need the accommodation we’re providing,” Daly told Yahoo Finance in an exclusive interview Thursday. The Fed hopes that raising borrowing costs will dampen the consumption and spending that has pushed prices higher. The central banker told Yahoo… Source link

Google has quietly released a free app for iOS to help you easily carry over data from an iPhone to an Android device, as reported by 9to5Google. The Switch To Android app works wirelessly, meaning you won’t have to worry about connecting the two phones with a cable. “The Switch to Android app from Google helps you quickly and securely move your most important data types — photos, videos, contacts, and calendar events — to a brand new Android device without fussy cables,”… Source link

The years-long hot housing market has shown signs of cooling off. Mortgage rates over a weeklong period earlier this month topped 4% for the first time in three years — and the rise will likely continue as the Federal Reserve pursues a series of interest rate hikes this year. But persistent inflation and rising interest rates shouldn’t scare off homebuyers, real estate guru and “Shark Tank” panelist Barbara Corcoran told Yahoo Finance. Instead, aspiring homeowners should jump into the market… Source link

Several large online publishers are taking steps to abandon a program from Alphabet Inc.’s Google that was billed as a way to optimize readers’ mobile-browsing experience, saying it generates less advertising revenue. Companies including Vox Media LLC, BuzzFeed Inc.’s Complex Networks and Bustle parent BDG said they have started testing or are considering using their own versions of mobile-optimized article pages, instead of building them using the Accelerated… Source link

Russia’s attack on Ukraine is fueling geopolitical risk that may push the Federal Reserve away from a more aggressive interest rate increase in March. Fed officials, who are still eager to begin the process of paring back pandemic-era easy money policies, say they are monitoring any spillover effects of the conflict onto U.S. economic activity. “These create a lot of uncertainty and uncertainty, as we know, is a demand shock,” San Francisco Fed President Mary Daly told reporters on Feb…. Source link

The Olympics have a men’s hockey problem. It isn’t very good. That is said with all due respect to the former NHLers, career Euro leaguers and college kids who play as hard and as well as they possibly can to represent their countries. This isn’t even their fault. Part of the low quality of play stems from the fact these guys were thrown together on makeshift teams, given about three practices and told to hit the global stage. The IOC, true to its well-established arrogance, has always taken the… Source link

Nigeria is looking to Europe for funding to complete infrastructure projects such as railways, with a senior official in the West African nation saying Chinese loans are drying up. Analysts say Nigeria’s situation reflects a broader Chinese move away from funding these expensive projects in Africa, where China has provided hundreds of billions of dollars in loans to develop infrastructure as part of its Belt and Road Initiative. Last weekend, Transport Minister Rotimi Amaechi told Nigerian… Source link