Tag: finance

Bank of America has put together a list of what it calls attractive inflation-protected-yield stocks. “With cash moving from worthless to yielding 3%-plus next year … amid [Federal Reserve interest-rate] hiking, we prefer companies that have strong free cash flow or distribute cash to shareholders,” Bank of America strategists wrote in a commentary. “But in…

© Reuters. People cross a street during morning rush hour in front of the skyline of the central business district (CBD) in Beijing, China December 15, 2020. REUTERS/Thomas Peter BEIJING (Reuters) -China will not hesitate to introduce new policies to prop up growth, a senior Communist Party official said on Thursday, as the economy feels…

© Reuters. FILE PHOTO: European Central Bank policymaker Francois Villeroy de Galhau, who is also governor of the French central bank, attends the Paris Europlace International Financial Forum in Tokyo, Japan, November 19, 2018. REUTERS/Toru Hanai PARIS (Reuters) – Higher interest rates make it all the more important for post-pandemic government debt levels to be…

© Reuters. FILE PHOTO: A customer buys vegetables at a stall inside a morning market in Beijing, China January 14, 2022. REUTERS/Tingshu Wang NEW YORK (Reuters) – Economic growth in emerging markets is set to slow “sharply” this quarter weighed by China, Russia and the spread of tighter monetary conditions, JPMorgan (NYSE:JPM) analysts said on…

Facebook  (FB) – Get Meta Platforms Inc. Class A Report is preparing for difficult days ahead.  The social media giant has just taken steps to reduce its costs in anticipation of the slowdown in growth predicted by many economists. The firm, which renamed itself Meta Platforms last October, has just decided to change its hiring policy.…

© Reuters. FILE PHOTO: A street vendor poses as he displays bond notes, before the introduction of new currency in Harare, Zimbabwe, November 11,2019. REUTERS/Philimon Bulawayo HARARE (Reuters) – Zimbabwe’s government on Saturday ordered banks to stop lending with immediate effect in a move Harare said was designed to stop speculation against the Zimbabwean dollar…

Part of the interest from I bonds is tied to the Consumer Price Index. NoDerog from Getty Images Signature; Canva ContentsWhat Are I Bonds in Simple Terms?How Do I Bonds Work?How Much Is an I Bond Worth?I Bond Interest Rate ExampleWhat Is the Calendar for I Bond Rate Changes?How Are I Bonds Similar to TIPS?…

© Reuters. FILE PHOTO: The Czech National Bank is seen in central Prague, Czech Republic, August 3, 2017. REUTERS/David W Cerny By Jan Lopatka and Robert Muller PRAGUE (Reuters) -The Czech central bank raised its main interest rate by a larger-than-expected 75 basis points on Thursday to 5.75%, the highest since 1999, as inflation soared…

Th garnishment orders conducted by Bank of America  (BAC) – Get Bank of America Corp Report against customer accounts were illegal and the retail bank is required to pay a $10 million fine to the Consumer Financial Protection Bureau (CFPB). The enforcement action from the CFPB occurred because the retail bank processed out-of-state garnishment orders against its customers’…

© Reuters. FILE PHOTO: People walk in Lujiazui financial district during sunset in Pudong, Shanghai, China July 13, 2021. Picture taken July 13, 2021. REUTERS/Aly Song By Selena Li and Anshuman Daga HONG KONG/SINGAPORE (Reuters) -Wealth managers at the big global banks are tempering their expectations for Asia, their fastest growing market, after China’s regulatory…