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FEATURE
on May 21, 2024
9 views 2 mins

Summary The yield curve has been inverted for months now. But what has changed over the past year is that the inversion isn’t so steep. Back in April 2023, 2-year Treasury Note yields were about 100 basis points above 10-year yields. Now the gap is 35 basis points. There are a couple of reasons for […]

FEATURE
on May 21, 2024
4 views 48 secs

Analyst Profile John Eade President & Director of Portfolio Strategies John is chairman and CEO of Argus Research Group and president of Argus Research Company. Over the years, his responsibilities at Argus have included chairing the Investment Policy Committee as then director of research; helping form the firm’s overall investment strategy; writing a weekly investment […]

FEATURE
on May 21, 2024
3 views 2 mins

Summary Kimco is a last-mile real estate investment trust specializing in the acquisition, development, and management of open-air shopping centers. The company’s portfolio consists of 569 U.S. shopping centers and mixed-use assets. Prior to the 1Q24 merger, New York and California accounted for about 28% of all properties. Currently, about 83% of annual base rents […]

FEATURE
on May 21, 2024
13 views 3 mins

By Liam Mo and Eduardo Baptista BEIJING (Reuters) – Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-language models (LLMs) used to power generative artificial intelligence products, as a price war in the cloud computing sector heats up in China. Alibaba’s cloud unit announced price cuts of up to 97% on a […]

FEATURE
on May 21, 2024
9 views 57 secs

The Met Office has issued a ‘heavy rain’ weather warning for Birmingham and the wider West Midlands this week- and warned there could be ‘danger to life’. A yellow weather warning will be in place between 12.15am on Wednesday, May 22, and 6am on Thursday, May 23. Some communities could be cut off by flooded […]

FEATURE
on May 21, 2024
20 views 26 secs

A Singapore Airlines Boeing 777-300ER passenger aircraft, pictured above London in August 2022. Nurphoto | Nurphoto | Getty Images One person died aboard a Singapore Airlines flight which encountered severe turbulence and diverted to Bangkok, the airline said Tuesday. The flight had left London for Singapore. The aircraft was rerouted to land at the Suvarnabhumi […]

FEATURE
on May 21, 2024
11 views 40 secs

A Singapore Airlines Boeing 777-300ER passenger aircraft, pictured above London in August 2022. Nurphoto | Nurphoto | Getty Images One person died aboard a Singapore Airlines flight which encountered severe turbulence and diverted to Bangkok, the airline said Tuesday. The flight had left London for Singapore. The aircraft was rerouted to land at the Suvarnabhumi […]

FEATURE
on May 21, 2024
10 views 3 mins

Kenya is currently in negotiations with Saudi Aramco to secure a floating LPG facility, reported Bloomberg. This move by President William Ruto’s administration aims to increase the supply and lower fuel costs in Kenya. According to state-owned Kenya Pipeline Company (KPC) CEO Joe Sang, the floating LPG ship, due to be situated off Mombasa’s port, […]

FEATURE
on May 21, 2024
13 views 12 mins

Soon after she had gone to jail for trying to get her children a better education, Kelley Williams-Bolar’s teenage daughter Jada confronted her mother with an accusation that will stick with her forever. “You’re not there for me,” said Jada, now 26. Like the rest of her family, Jada still struggles with her mother’s 2011 […]

FEATURE
on May 21, 2024
12 views 3 mins

(Bloomberg) — Shares in India’s Paytm are among the worst performing globally ahead of an earnings report that’s expected to show widening losses at the troubled payments platform. Most Read from Bloomberg The stock is down about 61% over the past six months, the second-worst drop over that period in Bloomberg’s World Index, which tracks […]

FEATURE
on May 21, 2024
14 views 6 mins

The past couple of years haven’t been easy ones to be a Pfizer (NYSE: PFE) shareholder. The windfall profits its COVID-19 products produced in the early days of the pandemic evaporated much faster than expected. Disappointed investors have pushed Pfizer’s stock price down by more than half from its peak in late 2021. Perhaps sensing […]

FEATURE
on May 21, 2024
16 views 0 secs

One passenger has been killed and several have been injured on a Singapore Airlines flight from London to Singapore hit by severe turbulence, the airlines says. The Boeing 777-300ER was diverted to Bangkok, where it landed at 3:45pm on Tuesday. Flight SQ321 “encountered severe turbulence en route”, Singapore Airlines says in a statement. “We can […]