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The FTSE 100 posted another record closing peak on Friday as Jerome Powell said shifting economic risks may justify an interest rate cut in the US. The FTSE 100 index closed up 12.20 points, 0.1%, at 9,321.40. It earlier traded as high as 9,357.51. The FTSE 250 ended up 259.39 points, 1.2%, at 22,077.23 and the AIM All-Share finished 6.17 points higher, 0.8%, at 765.03. For the week, the FTSE 100 rose 2.0%, the FTSE 250 advanced 1.5% and the AIM All-Share climbed 0.6%. In a keenly awaited speech, Federal Reserve chairman Jerome Powell left the door open to an…
2 in 5 Brits (40%) have used a generative AI tool such as ChatGPT or Gemini for personal finance advice, according to research by personal finance comparison site Finder. That’s an estimated 21.3 million people in the UK. A quarter of Brits (25%) haven’t used it yet but are considering doing so, meaning around two-thirds of Brits (65%) have either done it already or are open to the idea. However, more than a third of Brits (35%) are still opposed to using AI in this way.Budgeting is the most popular use for AI in personal finance1 in 5 (19%) UK adults have…
SpectrumOneSpectrumOne AB (publ) (“SpectrumOne” or the “Company”) announces that its subsidiary Qbim AB (“Qbim”) has received conditional approval for admission of its shares to trading on Nasdaq First North Growth Market. Preliminary date for first date of listing is scheduled for September 30, 2025, subject to the fulfillment of Nasdaq’s customary requirements, including publication of a company description and compliance with shareholder distribution and working capital requirements.For further information about Qbim and the listing process, please refer to Qbim’s website: www.qbim.se.Timetable for purchase rights in Qbim AB (subject to change and fulfillment of conditions):25 August 2025 – Publication date of…
Facebook Tweet Email Link Stocks surged higher on Friday as Federal Reserve Chair Jerome Powell signaled an interest rate cut could be on the way. The Dow rose 860 points, or 1.93%. The broader S&P 500 gained 1.6% and the tech-heavy Nasdaq Composite gained 1.95%. The Dow was on track to close at its first record high since December 4. Investors across the globe were attuned to Powell’s speech at an annual central banking forum in Jackson Hole, Wyoming. Markets cheered his remarks that a shift in interest rate policy may be needed — though any rate cut would be…
In the evolving energy landscape, North Dakota has emerged as a pivotal player in the convergence of enhanced oil recovery (EOR) and carbon capture utilization (CCU) technologies. By leveraging its geological advantages, industrial expertise, and policy momentum, the state is positioning itself as a leader in sustainable energy production. For investors, this synergy represents a unique opportunity to capitalize on infrastructure development that bridges traditional energy sectors with decarbonization goals. The Bakken’s Hidden PotentialThe Bakken Formation, one of the U.S.’s most prolific oil fields, currently recovers only 5% to 15% of its total oil. Enhanced oil recovery (EOR) using carbon…
Image source: Getty Images Stop the presses! Generation Z are tuning out to be prudent, thoughtful, and mature with their money! New research from the World Economic Forum shows that 30% of Gen Z invest in stock markets by university age, dwarfing the 15% of millennials and the 5% of baby boomers who did so. With housebuying expensive and many Gen Zers cutting costs by living with mum and dad, these youngsters are sensibly choosing to build wealth through buying the shares in listed companies, perhaps earning a healthy passive income in the process. At least, some of them probably…
Many airlines urge customers to pay for specific seats in advance or run the risk of being split up – but is this really necessary? We’ve taken a look… Pick your airline carefully – and book seats at same time It’s not a general rule that you’ll be split from your travel companions if you don’t pay to reserve the seats you want. A 2023 study by Which? Travel found that families paying in excess of £100 to sit together are probably wasting their money, with most major airlines likely to sit you with the people you booked with automatically…
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