Brazil’s influential finance minister has convinced President Jair Bolsonaro to consider the once-unthinkable step of privatizing state-owned oil company Petrobras , but stiff political opposition could stifle any effort to sell the country’s corporate crown jewel.
U.S. stocks recovered from early losses on Wednesday, helped by financial stocks, although investors were guarded as worries about a recession loomed and trade tensions between the United States and China dragged on.
Over 160 business groups on Wednesday appealed to U.S. President Donald Trump in a letter to postpone all tariff hikes on Chinese imports scheduled this year, warning that it could hit shoppers with higher prices during the holiday season.
Do you have retirement savings? The earlier you open an IRA or 401(k) and start contributing, the better off you’ll be once you reach retirement age. You can’t rely solely on Social Security. It’s important to explore other methods of wealth accumulation for retirement, like passive income dividend investing.
What is Passive Income Dividend Investing?
Passive income dividend investing is a popular investment strategy. It involves buying dividend-paying securities and setting up a dividend reinvestment plan (DRIP).
The concept is simple. Using a retirement account, you invest in dividend stocks and reinvest those dividends as they’re paid. Each new share you buy through …read more […]
Huawei Technologies plans to forge ahead with the launch of new high-end smartphones in Europe even though it may not be able to offer Google’s official Android operating system and widely used apps such as Google Maps, company executives told Reuters.
Gains in financial shares helped U.S. stocks reverse early losses on Wednesday, although investors were guarded amid worries about a recession and trade tensions between the United States and China.
More than 200 U.S. footwear companies on Wednesday urged U.S. President Donald Trump to cancel proposed higher tariffs on Chinese imports that take effect beginning next month, calling them hidden taxes that will jack up consumer prices.
The U.S. Trade Representative’s office on Wednesday reaffirmed President Donald Trump’s plans to impose an additional 5% tariff on a list of $300 billion of Chinese imports starting on Sept. 1 and Dec. 15.
My home state of Pennsylvania has always been a big energy producer.
Its anthracite coal mines have been supplying the world with coal for more than a century. And the first oil well was drilled here in 1859. Pennsylvania soon became the top oil-producing state in the country.
Today, Pennsylvania is the No. 2 natural gas producer in the U.S. Its wells produce 18.7 billion cubic feet per day (Bcf/d) of the stuff – which adds up to 580.1 Bcf per month…
The U.S. Energy Information Administration projects Pennsylvania’s natural gas production will grow between 1% and 2% per year for decades.
That means …read more […]
Luxury jeweler Tiffany & Co on Wednesday reported quarterly earnings that beat estimates on increased spending by local customers in mainland China and a cut-back on marketing costs, even as declines in tourist spending in the United States and political unrest in Hong Kong dragged on sales.
A gauge of equities worldwide shed early losses on Wednesday as Wall Street stocks rose despite looming recession jitters, while sterling tumbled as Britain’s prime minister moved to restrict parliamentary time before the country’s planned departure from the European Union.
Apple Inc on Wednesday said it would quit its default practice of retaining audio recordings of the requests users make to its Siri personal assistant and limit human review of what audio it does collect to its own employees rather than contractors.
Hudson’s Bay Co said on Wednesday it would sell its Lord + Taylor department store business to fashion rental service company Le Tote Inc for about $100 million, as the retail operator culls its portfolio to a few key brands.
Cosmetics maker Coty Inc raised its annual revenue forecast on Wednesday, as it embarks on a multi-year turnaround plan that involves cost cuts and increased investment in advertising, sending shares up 5%.
Over 200 U.S. footwear companies on Wednesday urged U.S. President Donald Trump to cancel proposed higher tariffs on Chinese imports that take effect beginning next month, calling them hidden taxes that will jack up consumer prices.
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