The Federal Reserve’s expected rate cut Wednesday will sound the all-clear for overseas central banks that are also concerned about their domestic economic growth.Some of the world’s most consequential central banks, including those in the eurozone, the U.K. and Canada, already started trimming interest rates in recent months. But there are a number of others, including in India, South Korea and South Africa, that have held back. And the Fed’s move could encourage them to take the plunge.Most Read from The Wall Street JournalFor many central banks, lowering rates ahead of the Fed risks a weakening of their national currencies.…
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Image source: easyJet plc Few carriers have had as bumpy a ride over the last few years as easyJet (LSE: EZJ). The budget airline’s share price has taken a nosedive over the past five years, plummeting 44% and leaving investors wondering if their orange-branded ticket to riches has turned into a one-way trip to financial disappointment. But before we fasten our seatbelts and prepare for an emergency landing, let’s take a closer look at whether there’s still some high-flying value hidden in easyJet’s share price. The troubled journey To understand easyJet’s current position, we need to look at the factors…
Infiniti’s new QX80, a luxury SUV with a starting price of over $82,000, is now being delivered to customers across America. This redesigned third generation model boasts a significant upgrade from its predecessor, featuring a powerful twin turbo V6 engine instead of the old naturally-aspirated V8. Beyond its impressive performance, the QX80 showcases a wealth of technological advancements and design elements. From its sleek exterior with 300 LED lights to its sophisticated interior featuring Google integrated digital instruments and dual touchscreens, this SUV offers a premium driving experience. The Autograph trim level adds even more exclusive features, making it a…
TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) — TDb Split Corp. (“TDb Split”) declares its regular monthly distribution of $0.04375 for each Priority Equity share ($0.525 annually). Distributions are payable October 10, 2024 to shareholders on record as at September 30, 2024. There will not be a distribution paid to the Class A Shares for September 30, 2024 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $12.50. The composition of TDb Split’s investment…
Bi-directional charging, a feature that allows electric vehicles to both charge and discharge electricity, has been a topic of growing interest, particularly in regions prone to power outages. This capability enables EVs to function as mobile power sources, providing electricity to homes, businesses, or even the grid during emergencies or peak demand periods. While Tesla, a pioneer in the electric vehicle market, has been relatively slow to adopt this technology, recent developments have shown its potential. The Cybertruck, Tesla’s latest model, is the first to feature bi directional charging capabilities through its Powershare feature. However, a German company has demonstrated…
A trader works, as a screen broadcasts a news conference by Federal Reserve Chair Jerome Powell following the Fed rate announcement on the floor of the New York Stock Exchange on June 12, 2024.Brendan Mcdermid | ReutersStock futures rose slightly Wednesday as Wall Street anticipated the first Federal Reserve interest rate cut in four years. Gains were muted as uncertainty lingered over how big the easing will be from the central bank.Futures tied to the Dow Jones Industrial Average added 51 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures advanced 0.2% and 0.3%, respectively. The Fed is expected to…
Editor’s note: this article is the second in a series about a pivotal moment in St. Louis’s sustainable transportation evolution, and how it mirrors similar moments in other U.S. cities. Click here to read the entire series.Over the next three years, St. Louis will receive a deluge of more than $300 million for sustainable transportation projects aimed at increasing multimodal access, calming traffic, and building out the city’s protected bike lane network to a scale never seen before. Much of that money, though, is flowing from one-time federal grants and once-in-a-lifetime infusions of cash from the COVID-era American Rescue Plan Act – and some…
When it comes to companies that are involved in data centers, I’d wager that Nvidia is the first one that comes to mind. Although Nvidia has an enormous presence for data center services, there are a host of other competitors worth watching.Below, I’ve broken down some of the challenges facing the data center industry and some potential resolutions. Moreover, I’ll discuss my top pick outside of Nvidia and explain why this company, Vertiv Holdings (NYSE: VRT), should be on your radar.Data centers consume a lot of energyData centers are similar to warehouses. But instead of being oversize storage units, data…
The future of global liquidity and its potential impact on bitcoin was the central topic discussed in a recent conversation with investor Lyn Alden.Austin Arnold, Co-Host of Altcoin Daily, spoke with Alden to gain insight into how monetary policies and economic shifts could shape bitcoin’s performance over the next 18 months.Alden noted, “We are generally seeing, as the Fed starts to cut interest rates, a softer dollar.” She explained that while the U.S. dollar benefits from being the global reserve currency, “whenever we ease monetary policy, that tends to be pretty dovish for the dollar.” Alden predicted a weaker dollar…
We came across a bullish thesis on Lument Finance Trust, Inc. (LFT) on Value Degen’s Substack by Unemployed Value Degen. In this article we will summarize the bulls’ thesis on LFT. Lument Finance Trust, Inc. (LFT) share was trading at $2.57 as of Sept 17th.Is CubeSmart (NYSE:CUBE) the Best Self Storage Stock to Buy Now?Lument Financial (LFT) presents a unique opportunity within the commercial real estate sector, which has been marred by negative sentiment, particularly around office towers. However, this focus on office real estate overshadows stronger areas like multifamily housing, where Lument operates. Multifamily properties are expected to maintain solid rental…