Hundreds of millions of users, especially in developing markets, don’t own high-end smartphones and can’t afford fast data plans to enjoy much of anything on the web. Google has been exploring multiple ways to better serve this segment of the user base. It has tried partnerships to make the internet more affordable to tens of millions of users. It has worked with smartphone makers to bring reliable Android experience to cheap smartphones. In fact, it’s currently working on a project with telecom operator Jio Platforms in India to further lower the price point for decent Android experience. For … Read More
The financial insurance and annuity industries are multi-trillion-dollar industries, and they should be. These products are important components of holistic financial plans for individuals and families.
Life and disability insurance can help protect income during wealth-building years, while annuities provide secure lifetime income during retirement, which mitigates significant risks that can derail a retirement plan (like sequence risk and longevity risk), and that often are created by investments themselves. Frankly, with all the challenges of retirement today, a combination of investments and annuities are necessary to provide the income and security retirees crave.
But the insurance industry needs to be
by David Hinkson
Naturally, the COVID-19 pandemic has led to some significant personal challenges, not only financially, but also in the area of interpersonal relationships and in terms of career and other personal development goals.
Lead consultant of microbusiness Insight Consulting Barbados, Krisnan Hurdle, said he faced a similar dilemma some years ago which led him to help others facing similar situations.
He told Today’s BUSINESS: “It all started from a personal development journey back in 2013. I felt like I was not achieving any goals in my life and in many ways, I was not happy with myself
As Treasury secretary Yellen takes over the helm of the U.S. government sailboat from Steve Mnuchin, there has been a question circling over the past few weeks about the issue of the massive Treasury cash pile sitting in the Treasury General Account, called TGA. Powell has already taken rates down to almost 0%, and now Yellen just announced plans to reduce the stockpile of cash the Treasury has amassed over the last year.
This means more liquidity at a time when markets are above last-year levels, in some cases, and commodities are more than double-digit higher from their base last
The bull of Wall Street is seen during the pass of the snowstorm on January 31, 2021 in New York City.
Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images
A decline in new Covid infections, along with improving economic data and stimulus hopes, could boost stocks that flourish in a resurging economy in the week ahead.
In the past week, expectations for a strong economic rebound helped boost interest rates.
While the broader stock market was choppy, sectors that do well in a rebound – financials, airlines and industrials – stood out as leaders. This is known
After experiencing unusually broad market momentum since November, stocks are overdue for a lengthy pause or a correction. Stock picking will matter from here as the economic reopening determines different winners and losers.
According to a team of J.P. Morgan strategists, “it wouldn’t be surprising to witness consolidation” given the current strong price momentum, high valuations as well as overweight investor positioning. That said, any consolidations or corrections shouldn’t be seen as “durable inflection points this early in the business cycle and the hyper-stimulus era.”
A strategy investors can use to find exciting investment opportunities is to follow the activity
Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks
When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing up his success, Dalio has three pieces of advice for investors. First, diversify. Keeping a wide range of stocks in the