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This week in the markets: Politics takes centre stage
The news agenda is focused on politics this week. And some of that news is having a direct impact on the markets. Most obviously that is the case in France where the first round of a two-week electoral process over the weekend delivered a victory, but an inconclusive one, for Marine Le Pen’s far right…
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What a new Labour government means for investing in the UK
London's Bishopsgate, the British capital's financial district.Vuk Valcic | Sopa Images | Lightrocket | Getty ImagesThe U.K.'s Labour Party won big in Thursday's election and is now set to take over from the Conservatives after 14 years, at a time when economic uncertainty is still rife in the country.The U.K.'s FTSE 100 index climbed 0.4% as…
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Risks To Retirees Portfolios In 2022: Strategies To Consider
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2021 is now in the rearview mirror, yet many of last year’s concerns still weigh heavy on the minds of investors. These worries are magnified for those approaching retirement since their nest egg may need to last for decades into the future. The inability to manage these risks appropriately may have…
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Lula’s push to boost spending in Brazil rattles markets
Comment on this storyCommentRIO DE JANEIRO — On the campaign trail, Luiz Inácio Lula da Silva promised to sustain a massive welfare program, increase the minimum wage and boost health and education spending. Now, Brazil’s president-elect is trying to make good on those pledges — and investors are showing concern.Da Silva’s transition team on…
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Stock market today: Wall Street slips below its record highs
NEW YORK (AP) — U.S. stocks are edging down from their records. The S&P 500 slipped 0.3% in early Thursday trading. The Dow Jones Industrial Average was down 65 points after likewise setting an all-time high the day before.
NEW YORK (AP) — U.S. stocks are edging down from their records. The S&P 500 slipped 0.3% in early Thursday…
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Ossoff to intro bill barring some stock trades by members of Congress
Capitol police chief marks changes after a yearA year after the Jan. 6 Capitol attack, the new chief of the U.S. Capitol Police said Wednesday he is making progress in resolving "critical deficiencies" despite major staffing shortages and thousands of new threats to members of Congress. (Jan.5)APSen. Jon Ossoff, D-Ga., plans to introduce a bill…
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Don’t make investing moves based on the election, experts say
US President Joe Biden and former US President and Republican presidential candidate Donald Trump participate in the first presidential debate of the 2024 elections at CNN's studios in Atlanta, Georgia, on June 27, 2024.Andrew Caballero-reynolds | Afp | Getty ImagesPresidential election outcomes don't significantly affect market performance, but…
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At Thanksgiving dinner, avoid politics — and discuss these 5 timely financial questions
Don’t get mad at Thanksgiving dinner. Get tips on how to navigate inflation.The midterms are over, so perhaps it’s time to shelve political talk — especially if your dinner table is composed of family members from opposite sides of the political aisle. Democrats have held onto control of the Senate, while Republicans have regained control of the…
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Euro and French stocks listless as France plunged into political limbo
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French stocks and government bonds struggled to find direction Monday following surprise results in France’s parliamentary elections, which saw left-wing parties outperform the far right Sunday, leaving the country’s parliament facing gridlock.…
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Why Oil and Energy Stocks Confounded Political Expectations Under Both Biden and Trump
The Wrong WinnerTexans prefer Donald Trump to Joe Biden, or, for that matter, any other Democrat. Among their reasons is the ex-president’s stance on energy exploration. “Drill, baby, drill” plays well in a region where half a million people are directly employed in the oil & gas industry and allegedly (such statistics are suspect) another…
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