Author: Jeffery Carter
Philadelphia Eagles head coach Nick Sirianni and quarterback Jalen Hurts celebrate with the Vince Lombardi Trophy after winning Super Bowl 59.Mike Segar | ReutersThe Philadelphia Eagles weren’t the only ones that scored big at the Super Bowl.The National Football League’s championship game attracted a record 127.7 million viewers on Sunday, according to Nielsen Media Research.The supersized live audience was of most importance to the advertisers that shelled out big bucks to have their brands featured during the Super Bowl. It is rare that programming on live TV attracts such a big audience in one sitting, making the hefty price tag…
President Donald Trump hosted Jordan’s King Abdullah II at the White House on Tuesday and renewed his insistence that Gaza could be emptied of all residents, controlled by the U.S. and redeveloped as a tourist area — a plan that could likely only work if the Arab nation agrees to accept more refugees.Trump and Abdullah met in the Oval Office, where the president suggested he wouldn’t withhold U.S. aid to Jordan or other Arab nations like Egypt if they don’t agree to dramatically increase the number of people from Gaza they take in.”I don’t have to threaten that. I do…
Crude oil price succeeded to achieve our waited target at 73.90$ and found solid resistance there, to show some bearish bias and head towards potential retest to the breached resistance of the bearish channel that appears on the chart, and the EMA50 meets the breached resistance to add more strength to the support line formed there. Are you looking for more comprehensive and exclusive analysis? Join the FxNewsToday VIP Telegram Channel Packages for 5 Instruments of Your Choice Packages with Unlimited Instruments What You Get When You Subscribe Daily market analysis and detailed explanation of signals Price…
The safety trade has evolved in 2021. While gold and silver rallied in 2020, they are now negative year to date. Instead, crypto and real estate have replaced them as winners.But for 2022, Tocqueville Asset Management’s John Petrides sees the fixed income market as the safe haven.”It’s not often we think of the high-yield bond market as the safety place,” the portfolio manager told CNBC’s “Trading Nation.” “But credit is not an issue right now and the U.S. consumer and corporate America are quite healthy.”He said favoring high yield makes sense with these conditions, however investors should be selective.Rising interest…
© Marco Bottigelli | Moment | Getty ImagesWhen saving for retirement, more time in the market can be beneficial depending on your goals and risk tolerance. Generally, the longer your investing timeline, the greater the opportunity to save and the bigger risk you can afford to take.But your investing timeline can be shortened due to required minimum distributions, or RMDs, which apply to pretax 401(k) plans and individual retirement accounts starting at age 73.However, RMDs aren’t required for Roth IRAs during the original owner’s lifetime. Surviving spouses can also avoid RMDs if they roll the funds into their own Roth…
NEW YORK – Sometimes, even the larger-than-life Paul McCartney likes to scale things down.Arguably the most esteemed contemporary musician on the planet, McCartney stepped away from the stadiums that have been his playground for decades to enthrall a crowd of about 500 at the Bowery Ballroom Tuesday night.The surprise show was announced earlier that day, with tickets only available to purchase in-person at the box office and, as one might expect, sold-out in minutes.A few hours after the concert was announced, the fabled club on the Lower East Side of Manhattan – an unholy trifecta of grungy, elegant and cool…
Mark Lenhard, CEO of U.K.-based remittances platform Zepz.Lukas Schulze | Sportsfile for Web Summit via Getty ImagesLONDON — British digital remittances company Zepz is laying off dozens of IT workers and is in the process of closing down business units in Poland and Kenya.Roughly 200 staff members will be impacted by the redundancy measures, two employees who were made redundant told CNBC, asking to remain anonymous due to the sensitivity of the matter.As of January, London-headquartered Zepz — formerly known as WorldRemit — had a global headcount of 1,000 people, meaning the redundancies affect around 20% of its total workforce.The layoffs…
By Francesco Guarascio HANOI (Reuters) – Foreign investors accelerated sales of Vietnamese stocks in recent weeks as trade risks grew for the export-reliant country, data shows, despite the prospect of a valuation-boosting market upgrade later this year. The Southeast Asian export hub posted a record trade surplus with the United States last year and also imposes higher duties on imports, exposing it to the risk of U.S. tariffs as the Trump administration moves to reset trade imbalances, analysts have said. Last month, foreign investors reduced their exposure to Vietnamese stocks by 6.4 trillion dong ($251.18 million), according to stock market…
Attorneys for Elon Musk intend to move to dismiss a case that accuses the Tesla CEO, who is also the head of President Donald Trump’s DOGE organization, of using AI-generated, copyright-violating “Blade Runner”-inspired images at a Tesla press event. In a filing submitted to the U.S. District Court Central District of California, Western Division late Tuesday, attorneys for Musk said both Musk and Tesla, which is also named as a defendant in the suit, will move to dismiss “all claims” for relief with prejudice. “With prejudice” is a legal term meaning that a case is dismissed permanently, and can’t be…
A seller holds up a bottle of Casamigos, tequila from Diageo, the world’s leading spirits maker, at a liquor store in Monterrey, Mexico, on Dec. 10, 2024.Daniel Becerril | ReutersThe U.S. spirits industry maintained its market share leadership over beer and wine for a third straight year in 2024, even as revenues slid, according to new data released Tuesday.Spirits supplier sales in the U.S. fell 1.1% last year to a total of $37.2 billion, while volumes rose 1.1%, according to the annual U.S. economic report from the Distilled Spirits Council, a leading trade organization.That is the first time revenue for…