Author: IA PressRoom

Ukraine is launching a major counteroffensive to bring the fight to the Russians. But an expert said it will likely suffer from a significant capability gap: close air support. Ukraine has long asked the West for F-16s to defend themselves, but has yet to receive any. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Ukraine’s long-awaited counteroffensive against the Russian invading force appear to be underway.The country is bristling with new and powerful equipment from Western allies — from long-range missiles to advanced tanks…

As a result of a series of narrow, short-sighted and overly theoretical decisions, the UK has ended up with a pensions system that is incapable of generating the supply of long-term risk capital on which development depends or of providing the population as a whole (not just a few favoured groups) with adequate and secure pensions. Symptoms of this disaster include a moribund stock market, under-invested companies, an undue dependence of foreign capital and even a stagnant economy.The origins and consequences of this policy failure are documented in Investing in the Future: Boosting Savings and Prosperity for the UK, from…

© Reuters. FILE PHOTO: People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid By David Randall NEW YORK (Reuters) -A U.S. stocks rally is showing signs of expanding beyond the cluster of giant growth and tech names that have led gains this year, as investors reposition portfolios primed for a widely expected recession. For months, investors piled into a handful of megacap companies seen as safe bets in uncertain times, spurring a rally that has lifted the nearly 12% year-to-date, concentrated in a small group of…

A recent effort to remove Supreme Court Justice Clarence Thomas was slammed by a former federal election official as the latest example of attack by the left on the country’s government institutions.Americans are taking notice of the trend, with polling results that fly in the face of popular media narratives and imply Republicans are more trusted to protect democracy than Democrats, according to law professor and former FEC Commissioner Brad Smith. “The ongoing Thomas smear campaign is one of many reasons why polling consistently finds that Americans are more prone to view Democrats than Republicans as a threat to democracy, despite…

Illumina CEO Francis deSouza resigns

Recent gains by small-cap stocks are a sign of a broader rally, LPL Financial’s Quincy Krosby wrote. It also points to a sturdier economy as the Russell 2000 index is seen as riskier than the S&P 500. “Steady interest in small-caps suggests the economy is more resilient than the headlines imply.” Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Recent momentum in small-cap stocks may indicate a broader market rally and a stronger economy, according to LPL Financial Chief Global Strategist Quincy Krosby.Citing gains…

The head of a leading company in the race to bring electric aircraft to the skies has hit out at Europe’s aviation regulator, warning its rules threatened to put the fledgling sector out of business. Adam Goldstein, chief executive of Archer Aviation, said in an interview that certification guidance published by the European Union Aviation Safety Agency would make it “extremely hard” to bring the new vehicles — often described as air taxis — to market. “EASA has openly said, ‘We know our regulations are harder and not good for business, and we don’t care,’” Goldstein told the Financial Times.…

© Reuters. Investing.com — Here is your weekly Pro Recap of the past week’s biggest headlines in the electric vehicle space: GM allies with Tesla; charging startups in need of a boost; all eyes on Stellantis. As always, InvestingPro users got these headlines at lightning speed. Never miss another opportunity to secure an edge for your portfolio.Tesla and GM’s electrifying allianceGeneral Motors (NYSE: NYSE:) CEO Mary Barra confirmed this week that the company is preparing to integrate the North American Charging Standard (NACS) connector, designed by Tesla (NASDAQ:), into its EVs beginning in 2025. The announcement, made during a live…

Amidst the Crypto Markets’ huge selling volume, Bitcoin’s position has been questioned. As investors grapple with significant selling pressure, they seek answers: where is the bottom for Bitcoin? In this Bitcoin price prediction, we delve into market trends and technical indicators to identify potential support levels for BTC and provide insights into its future price movements.Bitcoin is currently trading at $25,823, with a 24-hour trading volume of $13 billion. With its #1 CoinMarketCap ranking, Bitcoin’s current market cap is $500.9 billion.Russian Banker Predicts Decline of US Dollar as Global Power Dynamics ShiftThe chairman of Russia’s second-largest bank predicts a shift in global…

The U.S. economy hasn’t slowed all that much. High inflation has proven to be quite sticky. And the rip-roaring labor market is still producing lots of new jobs. No matter. The Federal Reserve is poised to make no change in a key U.S. interest rate next week after raising it in 10 straight meetings since the spring of 2022. If the Fed pauses or skips a rate hike, as Wall Street widely expects, the central bank needs to craft a new message to explain its decision to go easy in light of prevailing trends on growth and inflation, economists say.…