By SIMON CONSTABLE
Investors have a case of the jitters, which is prompting them to dump stocks.
So far this year, almost $100 billion got yanked from exchange-traded funds and mutual funds that specialize in buying equities, according to a recent report from iconic Wall Street bank Goldman Sachs. The specific total was $96 billion, which was the second-largest in the last decade-and-a-half. Read more here.
By SIMON CONSTABLE
Islamic financing might once mainly have been limited to the Middle East, but that’s no longer the case. It is growing in size and influence across the world — now too big for leaders of traditional businesses to ignore. Read more here.
By SIMON CONSTABLE
Workers fleeing in droves. Financial centers following. These and other concerns have government officials and business heads wringing their hands over the possible consequences of Brexit. But a major food chain has raised a concern that might loom bigger, at least come breakfast time.
We’re talking here, of course, about a shortage in bacon. Read more here.
By SIMON CONSTABLE
Investors can’t seem to get enough of exchange-traded gold funds.
In September, gold-backed ETFs and similar funds snapped up an extra 75 metric tons of the metal worth almost $4 billion, according to a report published Tuesday by World Gold Council. Read more here.
By SIMON CONSTABLE
Shares of specialty materials company Advance Metallurgical Group (AMS.Amsterdam) have taken a beating lately, but that’s exactly why you should consider buying them. Put simply the negativity on the stock may be overdone. Read more here.
By SIMON CONSTABLE
The United Kingdom is bracing for a major change, something that will upend how many firms do business.
No, it isn’t Brexit, or even Brexit related. Instead, the UK is closing in on raising its minimum wage by about 30% over the next five years. The ruling Conservative Party proposed a wage hike late last month, and it’s a goal of the opposition Labour Party as well. Read more.
By SIMON CONSTABLE
If your employer doesn't provide your husband or wife with health insurance, then you can blame ObamaCare, a.k.a, the 2010 Affordable Care Act.
That's just one of the damning findings presented by a new study from researchers at the University of Pennsylvania. Read more here.