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[ad_1] As a 15-year veteran of the utility industry, I can tell you with certainty there’s nowhere like Connecticut. In other states, when utility companies receive downgrades in their credit rating, regulators and consumer advocates haul them into hearings, demanding to know their plans to rectify them. Not so in Connecticut, where regulators themselves are named as the reason for the downgrades, and policymakers like the Office of Consumer Counsel and the Chairs of the legislature’s Energy and Technology Committee work overtime to provide political cover. Meanwhile, the scope of these downgrades – from S&P and Moody’s, two of the…

[ad_1] Image source: Getty Images Investment trusts can deliver large returns while allowing investors to effectively diversify. But times have been tough for these companies more recently. Victoria Hasler, head of fund research at Hargreaves Lansdown, notes that Rising interest rates have led to their income streams looking less attractive than they once did, rising discount rates have impacted asset valuations, and active managers have struggled in markets led by a few big stocks. She also notes that “over the last couple of years we have seen some good quality investment trusts trading on hefty discounts“. This remains the case…

[ad_1] Digital assets have had a wild ride over the last year. Several centralized crypto companies, from the hedge fund Three Arrows Capital to the crypto exchange FTX, have failed, while the SEC, the Commodities Futures Trading Commission (CFTC), and other US agencies have initiated a regulatory onslaught against crypto-related businesses. Further, amid high inflation, a banking crisis, and a potential recession, all risk assets face an uncertain macro future.  But we can’t forget the long-term asymmetric opportunity that digital assets may offer. Fundamental investors are searching for the digital projects that stand the best chance for mass adoption despite…

[ad_1] The semiconductor industry has delivered tremendous growth over the last several decades. Demand for chips can experience downturns, especially during economic recessions, but history shows that more advanced devices and technologies require more powerful processors, which creates an upward-sloping demand curve. In the near term, artificial intelligence (AI) continues to be a key sales catalyst for leading chip suppliers. IDC’s latest report projects the semiconductor market will grow 15% in 2025, led by AI demand. This could spell a great buying opportunity for stocks that have recently fallen in value. Two stocks earning high praise on Wall Street are…

[ad_1] By Hyonhee Shin SEOUL (Reuters) – South Korea’s main opposition party threatened on Monday to impeach acting president Han Duck-soo if he failed to proclaim a law to launch a special counsel investigation into President Yoon Suk Yeol’s failed bid to impose martial law. Prime Minister Han has taken over from the suspended Yoon, who was impeached on Dec. 14 and faces a Constitutional Court review on whether to oust him. With a majority in parliament, the opposition Democratic Party passed a bill this month to appoint a special counsel to pursue charges of insurrection, among others, against the…

[ad_1] By Naomi Rovnick, Dhara Ranasinghe and Rodrigo Campos LONDON (Reuters) – Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market currencies to strengthen have firmly defied that consensus. World stocks are set for a second consecutive annual gain of more than 17%, unfazed by wars in the Middle East and Ukraine, Germany’s economic contraction and government collapse, French budget chaos and China’s slowdown. That comes mostly thanks to a second year of huge gains for Wall Street stocks as…

[ad_1] The stock market hates surprising economic news. The latest evidence: Stocks plummeted on Wednesday after Fed officials signaled that they expect to cut interest rates only two times next year — down from the four projected in September. The news triggered a sell-off that ended in a 3% drop in the S&P 500 (^GSPC) and 3.6% for the Nasdaq (^IXIC). The Dow (^DJI), which was set to snap a historic losing streak, traded its gains for a 2.6% loss. But unlike daily market fluctuations, your retirement strategy is a long game. “We have seen the market go down every…

[ad_1] By Florence Tan and Siyi Liu SINGAPORE (Reuters) -Oil prices rose on Monday as lower-than-expected U.S. inflation data revived hopes for further policy easing, although the outlook for a supply surplus next year weighed on the market. futures rose 36 cents, or 0.5%, to $73.30 a barrel by 0421 GMT. U.S. West Texas Intermediate crude futures climbed 39 cents, or 0.6%, to $69.85 per barrel. “Risk assets, including U.S. equity futures and crude oil, have started the week on a firmer footing,” IG markets analyst Tony Sycamore said, adding that cooler inflation data helped alleviate concerns following the Federal…

[ad_1] FlexShopper, Inc. (NASDAQ:), a Delaware-based equipment rental and leasing services company with a market capitalization of $30.8 million, announced on Thursday that Sean Hinze has resigned from its Board of Directors, effective immediately. According to InvestingPro analysis, the company appears undervalued despite showing strong revenue growth of 24.5% over the last twelve months. The company clarified that Mr. Hinze’s departure was not due to any disagreements with the company’s operations, policies, or practices. Simultaneously, the company welcomed Denis Echtchenko as a new member of the board, effective the same day. Mr. Echtchenko, 37, brings a wealth of experience from…

[ad_1] New York, New York–(Newsfile Corp. – December 22, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Zeta Global Holdings Corp. (NYSE: ZETA) between February 27, 2024 and November 13, 2024, both dates inclusive (the “Class Period”), of the important January 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased Zeta securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Zeta class action, go to https://rosenlegal.com/submit-form/?case_id=31333…