Transition Finance Achieves Mainstream Status – Private Banker International
Transition Finance Goes Mainstream – Private Banker International Transition Finance Goes Mainstream. Source: Shutterstock Across the world’s wealth hubs, a quiet but powerful shift is under way. High-net-worth investors (HNWIs) are no longer confining their sustainable investment focus to clean energy and low-carbon sectors alone. Increasingly, they are directing capital toward “transition investing” – backing […]
Gold Prices Remain Steady After July Inflation Report
Image courtesy of Pxfuel. Gold was little moved on Tuesday following fresh US inflation data that bolstered the likelihood of a Federal Reserve rate cut in September. Spot gold stayed flat at $3,344.63 per ounce as of 11:20 a.m. ET, trading within a narrow range of $3,331.70-$3,357.70 for the day. US gold futures, meanwhile, went […]
Trump Signs Executive Order Banning ‘Debanking’ Practices
Trump issues Executive Order prohibiting ‘debanking’ President Trump has issued an Executive Order directing banking agencies to adopt policies to ensure that financial institutions do not use reputational risk as a basis for restricting access to banking services—a process known as “debanking.” “Individuals, their businesses, and their families have been subjected to debanking on the […]
Jim Cramer’s Top 10 Stock Market Trends to Monitor This Tuesday
Jim Cramer’s top 10 things to watch in the stock market Tuesday My top 10 things to watch Tuesday, Aug. 12 1. The July consumer price index rose 2.7% on an annual basis, below the 2.8% expected. When stripping out volatile food and energy prices, core CPI rose 3.1%, slightly above the Dow Jones consensus […]
Finance Ministry Denies Compensation for Israelis Stuck Overseas
Finance Ministry rejects compensation for Israelis stranded abroad Israel’s Finance Ministry has announced that it will not allocate hundreds of millions of shekels in compensation for over 100,000 Israelis who were stranded abroad during Operation Rising Lion in June. Daniel Schwartz, a representative from the Budgets Department, explained that Finance Minister Bezalel Smotrich decided to […]
Data Centers Are Straining the Economy — And Many Remain Underused
Data centers are eating the economy — and we’re not even using them As tech giants announce hundreds of billions in new data center investments, we’re witnessing a fundamental misunderstanding of our compute shortage problem. The industry’s current approach, throwing money at massive infrastructure projects, resembles adding two more lanes to a congested highway. It […]
Jim Cramer’s Essential Stock Market Insights for Monday: Top 10 Things to Watch
Jim Cramer’s top 10 things to watch in the stock market Monday My top 10 things to watch Monday, Aug. 11 1. Melius Research’s Ben Reitzes downgraded Adobe to sell from hold, arguing that an AI-driven multiple contraction phase is in the early innings for software-as-a-service (SaaS) companies. That includes the likes of Atlassian and […]
Global Gold Bar Market Shaken by Tariff Concerns
Stock image. The global gold market relies on a network of banks, refineries and couriers that can fly bullion between key trading hubs at a moment’s notice in pursuit of the highest prices. On Friday, a shock US ruling suggesting that the metal would be subject to tariffs plunged that system into chaos. The apparent […]
Unusual Developments in the Economy: Six Emerging Economic Classes, According to a New York Times Bestselling Author
‘Something weird’s going on’ in the economy as 6 new economic classes take shape, says New York Times bestselling author Nick Maggiulli is juggling more than spreadsheets these days. He’s chief operating officer at Ritholtz Wealth Management, but he’s also a blogger, and now a two-time author thanks to his latest book, “The Wealth Ladder,” which […]
Why Stocks Continue to Climb Amidst Trump’s Tariff Turmoil
Why Stocks Keeps Rising—Despite Trump’s Tariff Chaos As America hikes tariffs sharply, the jobs market slips, and President Donald Trump turns his ire from Harvard to the Bureau of Labor Statistics the stock market refuses to collapse. Despite these economic speed bumps, the S&P 500 Index is up nearly 8% so far this year. How […]