(Reuters) – Honda Motor Co on Friday confirmed that a Takata air bag inflator had ruptured in a fatal crash earlier this week in Malaysia in what appears to be the 23rd death worldwide linked to the faulty part that can emit deadly metal fragments.
(Reuters) – U.S. stocks rose on Friday after the latest monthly jobs report pointed to strength in the world’s largest economy and cemented expectations of at least two more rate hikes by the Federal Reserve this year.
LONDON (Reuters) – Payments firm Visa said on Friday it was experiencing a service disruption preventing some transactions in Europe being processed.
WASHINGTON (Reuters) – Deutsche Bank AG will face another challenge this month when the Federal Reserve publishes for the first time the results of a “stress test” on its U.S. operations.
(Reuters) – Facebook Inc said on Friday it will remove the ‘Trending’ topics feature that compiles popular news from its social network, as it seeks to ensure users see news from trustworthy and quality sources.
FRANKFURT (Reuters) – The European Central Bank’s move to defend Deutsche Bank on Friday stems from concern over a sharp fall in the German lender’s share price but also irritation that overseas regulators risk aggravating its problems.
“Nick, is there an investment strategy out there that has made money consistently, every year, over the past five years?”
My friend’s question caught me off guard.
And I couldn’t answer him right then and there.
However, the question intrigued me enough that I decided to research the issue.
Poring over my database of thousands of ETFs, I did find a handful of strategies that have made money over each of the past five years.
Upon reflection, I was surprised I didn’t find more.
After all, we’ve been in the second-longest bull market of all time.
Still, there was one strategy that stood out.
And it stood out …read more […]
(Reuters) – U.S. stocks rose on Friday after the latest monthly jobs data indicated strength in the world’s largest economy and cemented expectations of at least two more rate hikes by the Federal Reserve this year.
LONDON (Reuters) – Payments firm Visa is experiencing a service disruption preventing some transactions in Europe being processed, Sky News said on Friday.
(Reuters) – Trump administration officials are considering requiring grid operators to buy electricity from ailing nuclear and coal-fired power plants to keep them from being shuttered, according to a draft memo reviewed by Reuters.
Robust Memorial Day weekend sales also bolstered retail auto deliveries, carmakers said. “The U.S. economy remains on a favourable trajectory,” said Ford Motor Co (F.N) chief economist Emily Kolinski Morris during a media briefing call on Friday. Ford estimated full-year industry sales could fall slightly to the high 16 million to low 17 million range, as automakers trim low-margin sales to fleet customers and deal with an increase in used cars coming off lease to compete with new vehicles. …read more […]
LONDON (Reuters) – WPP’s former chief executive Martin Sorrell has moved to reassure investors in the advertising giant that the firm he has set up since his abrupt exit will not compete directly with it.
WASHINGTON/BRUSSELS (Reuters) – U.S. President Donald Trump told Canada and the European Union on Friday to do more to bring down their trade surpluses, a day after hitting the two U.S. allies and Mexico with import tariffs on their steel and aluminum.
BALOCCO, Italy (Reuters) – Fiat Chrysler’s departing chief executive Sergio Marchionne delivered a plan on Friday to ramp up sport utility vehicles and invest 9 billion euros ($10.5 bln) in electric and hybrid cars in a bid to double operating profit by 2022.
(Reuters) – Trump administration officials are considering requiring grid operators to buy electricity from ailing nuclear and coal-fired power plants to keep them from being shuttered, according to a Bloomberg news report on Friday that cited a draft memo.
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