Sunday, November 10, 2024

Fox Business: Dreams of 'United States of Europe' dying fast as EU backtracks amid illegal immigration

By SIMON CONSTABLE

Contrary to popular belief, Europeans have long wanted to imitate America; a combined set of states with freedom of movement, a single currency and a united government. That was the unspoken goal when the European Union was born after World War II. But so far, the dream has failed to materialize.

Recently, it got another blow, which pushed the vision of a fully politically and economically integrated bloc even farther into the future than it already was. Read more here.




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Friday, November 8, 2024

WSJ: How Much Do You Know About Home Solar Energy? Take This Quiz

By SIMON CONSTABLE

Solar power has long been at the center of the renewable-energy conversation. That’s never been more true than now, as solar farms take off and more people add solar panels to their homes.

But how much do you really know about solar energy in the U.S.? You can test your knowledge here.



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#FRANCE: NVDA replaces Intel, the relentless competition in the Dow. @RealConstable, @WSJ @BatchelorShow

By SIMON CONSTABLE 

Listen here.


Columbia Publications / Milton Luros, Public domain, via Wikimedia Commons


WSJ: Financial Flashback November 4, 2024

It was a long time coming, but 25 years ago this month the “New Economy” joined the Dow Jones Industrial Average. The change, as of trading on Nov. 1, 1999, came in the form of adding chip maker Intel, and SBC Communications, which cemented the role of both technology and communications sector in the index. Home Depot, was also added to the Dow that day.

As those stocks joined, out went old-economy stalwarts: Chevron, Goodyear Tire and Rubber, Sears Roebuck and Union Carbide. The changes were also notable because it was the first time that stocks from Nasdaq (Intel and Microsoft) had joined the Dow. Until then, all 30 Dow industrials had been listed on the NYSE.

“If that change didn’t happen, there would have been a big discrepancy between that index and it would have been a big oversight,” says Susannah Streeter, head of money and markets at Hargreaves Lansdown. The index is designed to reflect the major sectors of the U.S. economy. Read more here.

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Sunday, November 3, 2024

WSJ: FINANCIAL FLASHBACK: 25 YEARS AGO - 'New Economy' In the Dow

WSJ: Financial Flashback November 4, 2024

It was a long time coming, but 25 years ago this month the “New Economy” joined the Dow Jones Industrial Average. The change, as of trading on Nov. 1, 1999, came in the form of adding chip maker Intel, and SBC Communications, which cemented the role of both technology and communications sector in the index. Home Depot, was also added to the Dow that day.

As those stocks joined, out went old-economy stalwarts: Chevron, Goodyear Tire and Rubber, Sears Roebuck and Union Carbide. The changes were also notable because it was the first time that stocks from Nasdaq (Intel and Microsoft) had joined the Dow. Until then, all 30 Dow industrials had been listed on the NYSE.

“If that change didn’t happen, there would have been a big discrepancy between that index and it would have been a big oversight,” says Susannah Streeter, head of money and markets at Hargreaves Lansdown. The index is designed to reflect the major sectors of the U.S. economy. Read more here.