By SIMON CONSTABLE
Hour 4 -- Fresh Prince. about 12 minutes in
Listen here.By SIMON CONSTABLE
Hour 4 -- Fresh Prince. about 12 minutes in
Listen here.By SIMON CONSTABLE
By SIMON CONSTABLE
Being robbed is a terrible thing, and may be emotionally draining. The same is true of being fooled in romance. When you combine the two, it’s far worse.
Online romance scams do just that. To avoid being devastated this way, it helps to understand the intricacies of this type of crime. Take our quiz to find out how much you know.
By SIMON CONSTABLE
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Le Café de la Société Artistique et Littéraire Française et Etrangère, 171, Boulevard de Montparnasse, Paris, 1909
Unknown authorUnknown author. Carte postale publiée par Phototypie l'Abeille, Paris., Public domain, via Wikimedia Commons
By SIMON CONSTABLE
On March 9, 2000, the tech-dominated Nasdaq Composite Index surpassed a then-staggering 5000 for the first time, up from its first breach of 1000 in July 1995.
“It is a crowning milestone in investors’ unprecedented love affair with technology stocks,” The Wall Street Journal wrote at the time. “It’s hard to believe, but the Nasdaq Stock Market is still a 20-something.” It was formed in 1971 and included American Express and Anheuser-Busch, both of which eventually moved to the New York Stock Exchange.
Sam Stovall, chief investment strategist at analytics company CFRA, says the late-1990s surge resulted from several factors. “It was overly exuberant earnings projections, fear of missing out, and a constant reminder of being in a new era and that this was different,” he says.
The day after the 5000 milestone, the index set its then-record of 5048.62, but that top didn’t last long. The index tumbled by 77% to its trough in early October 2002.
The initial break in the index came when Yahoo reported data showing the number of people looking at the site fell disappointingly short of expectations. Read more here.
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By SIMON CONSTABLE
As if the Russia-Ukraine war wasn’t enough to raise wheat prices, unusually unfavorable weather conditions—plus dwindling Russian wheat inventories—look set to lift them higher.
Shawn Hackett of the Hackett Money Flow Commodity Report says foul weather could add at least $2 to wheat prices, which recently fetched $5.26 a bushel. Read more here.
By SIMON CONSTABLE
Earlier this year, Donald Trump announced that he would like Americans to have more babies and pushed forward ways to help that happen. These include expanding access to invitro fertilization and increasing spending in areas with higher marriage and birth rates.
But over the Atlantic, Victor Orban, Hungary’s Prime Minister, presented an audacious new idea. He wants to introduce a lifetime income tax exemption for all women who have two or more babies. Read more here.
By SIMON CONSTABLE
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By SIMON CONSTABLE
Just one month into the job and President Donald Trump is making big changes in government. That includes energy policy, which is vital for the economy.By SIMON CONSTABLE
Savvy collectors know that investing in art blends an eye for aesthetics with a head for business. Read more here.
By SIMON CONSTABLE
Workplace technology has been featured in movies for longer than you might imagine—think silent films. From the familiar to the futuristic, it often serves to advance a film’s plot and help deliver its message.
So, how much do you know about workplace technology in movies? Find out by taking our quiz.
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Nothing seems to get in the way of Poland going from strength to strength despite being part of the sluggish European Union. There are multiple reasons why and many facets, including the country’s outstanding defense spending and its conservative Donald Trump-like approach to illicit immigration.
Late last month, Poland’s economy was estimated to have grown by 2.9% last year, according to the country’s StatOffice. That performance trounces Europe’s single currency area, also known as the eurozone, by more than threefold; it eked out a mere 0.7% over the same period.
Poland’s growth also overtook the U.S., which grew a robust 2.5% in the 12 months through December.
“The last year or two has seen a boom, and it’s getting publicity,” says Mateusz Urban, a senior economist at Oxford Economics in Warsaw, Poland, told FOX Business. “There really is a European tiger right at Germany’s door.” Read more here.
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FRANCE – Without a doubt, this week’s artificial intelligence summit in Paris was to showcase how Europe intends to catch up with the U.S. and China, the leaders in the field. But that’s not all.By SIMON CONSTABLE
After World War II, the U.S. dollar became the world’s top reserve currency, and the global economy flourished. But fast-forward to 1985, and things got a bit out of control.
The dollar index—a measure of the greenback’s value against a basket of major currencies such as the British pound and the German mark—hit an all-time high of 160. There seemed to be “no end in sight to the dollar’s strength,” as The Wall Street Journal quoted one banker in late February of 1985.It was called the Volcker Rally, recalls Win Thin, chief strategist at Brown Brothers Harriman. Paul Volcker headed the Federal Reserve and successfully crushed U.S. inflation by raising short-term interest rates to 20%.
Deregulation from the Reagan administration and corporate tax cuts helped boost stocks. And higher U.S. rates meant the dollar became a magnet for foreign capital, sending the dollar sky-high, Thin says. “It was sort of exceptional.” Read more here.