[ad_1] February 24, 2025 (Maple Hill Syndicate) – Terry Johnson, the winner of my Derby of Economic Forecasting Talent (DEFT) for 2024, likes to count trucks. Specifically, he counts the number of big trucks 18-wheelers and the like on a 45-mile stretch between Lincoln and York, Nebraska. More trucks means the economy is doing well. Fewer trucks is an economic danger sign. Last year I counted 329 trucks, by far the most I ever counted, Johnson said. Didn’t look like a recession in the near future to me. Johnson, a retired sales rep for General Mills, beat out 43 other…
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[ad_1] Image source: Getty Images The FTSE 100 is home to some big-name stocks, but not all of them are soaring right now. One company that’s caught my attention is easyJet (LSE: EZJ). As I write on 24 February, shares in the budget airline are down 11.4% since the start of 2025. This is despite the Footsie gaining more than 5% in the same time. The company is synonymous with budget travel in Europe and has been working hard to expand its flight network. I wanted to see if this well-known name with promising financials and a beefed-up dividend would…
[ad_1] Anglo American has signed a memorandum of understanding (MoU) with Codelco, a Chilean mining company. The agreement involves Anglo American’s subsidiary, Anglo American Sur SA (AAS), which owns 50.1% of the company. Both firms will work together on a joint mining plan for their neighboring copper mines, Los Bronces and Andina, in Chile. This partnership aims to increase copper production with minimal additional investment. By collaborating, they plan to enhance the value of the mining district. Wood Mackenzie forecast: Global copper production and primary demand Duncan Wanblad, Chief Executive of Anglo American, said, “Copper is at the forefront of…
[ad_1] Representational file image. | Photo Credit: AP The government is expected to announce emissions intensity targets for nine industrial sectors by the end of the month — a crucial step to operationalise India’s carbon trading scheme. Following this, these industries will have a year to put in place compliance measures to cut emissions, and trading in carbon credits is likely to begin by October 2026, Saurabh Diddi, Director, Bureau of Energy Efficiency (BEE) under the Union Ministry of Power, told The Hindu on the sidelines of a conclave here on India’s carbon markets.Despite a notification by the BEE in…
[ad_1] Rio Tinto, one of the world’s largest mining companies, has been intensifying its efforts to cut carbon emissions and achieve net zero by 2050. Through its 2025 Climate Action Plan, the company outlines key initiatives to decarbonize operations and cut emissions with plans to use carbon credits to meet its 2030 climate targets. Rio Tinto plans to spend $589 million on decarbonization in 2024. This shows the company’s strong commitment to sustainability. They are also tackling the challenges of carbon-heavy mining operations. Reducing Operational Emissions: Scope 1 and 2 Rio Tinto has committed to reducing net Scope 1 and…
[ad_1] BROSSARD, Quebec, Feb. 24, 2025 (GLOBE NEWSWIRE) — Canada Metal Processing Group (MPG Canada) and its subsidiaries, Ivaco Rolling Mills, Sivaco, and Infasco, are announcing the difficult but necessary steps to respond to the current challenging market environment and the threat of incoming tariffs from the United States on steel and steel derivatives. These measures will help maintain the majority of MPG Canada’s footprint and workforce while reacting to the impact that these threats are already having on the company’s demand for its products destined directly and indirectly, via our Canadian customers, to U.S. customers. In light of lower…
[ad_1] Image source: Getty Images Billionaire investor Warren Buffett has delivered many words of investing wisdom over the past few decades. Often, his most powerful have been the simplest. For instance, in his 2021 letter to Berkshire Hathaway shareholders, Buffett wrote these four key words: “Never bet against America.” Since the aptly-named Oracle of Omaha said that, an artificial intelligence (AI) revolution has unleashed a tidal wave of innovation and investment. Nvidia alone has added nearly $3trn to its market capitalisation — more than the entire London Stock Exchange! Any investor who had heeded Buffett’s words four years ago and…
[ad_1] Image source: Getty Images Demand for Barclays (LSE:BARC) shares hasn’t been dampened by alarm bells ringing for the UK economy and uncertainty in the US. At 302p per share, the Barclays share price is up 14% since the start of 2025. This takes total gains for the past year to a whopping 83%. Source: TradingView City analysts don’t believe the FTSE 100‘s bull run is finished yet either. They’re tipping more double-digit increases over the next 12 months. Should I consider snapping up Barclays shares? 11% more to go? First, it’s worth noting that there are some large variances…
[ad_1] Image source: Getty Images For investors looking to build passive income, UK dividend stocks can offer a steady stream of cash. The FTSE 100 index has an average dividend yield of around 3.5% right now. That’s pretty good, but there are some companies with payouts of 5% or more. That means a £20,000 investment could potentially generate over £1,000 in annual dividends. Here are two well-known financial services companies that have strong yields and long records of steady dividend payouts. Pensions and insurance giant Legal & General (LSE: LGEN) is one of the UK’s biggest financial services firms, specialising…
[ad_1] This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money.In 2021, Venus Wang found herself at a crossroads: newly divorced, unemployed, with less than $10,000 in cash savings and the primary parent to her child.The divorce was a “wake-up call in my life,” the 37-year-old tells CNBC Make It. “I remember the personal identity shift was a very big thing for me — to transform from someone else’s wife to a single mom.”She had been out of work for a year while caring for her…