Author: IA PressRoom

© Reuters. FILE PHOTO: Japanese Prime Minister Fumio Kishida arrives for a bilateral meeting with Laos’ President Thongloun Sisoulith, at the prime ministers’ office in Tokyo, Japan, Thursday, May 25, 2023. Shuji Kajiyama/Pool via REUTERS/File Photo By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida’s government on Tuesday unveiled an action plan on his “new capitalism” programme of driving growth and wealth distribution through wage hikes, signalling his commitment to shift the economy into a higher gear. Kishida’s economic strategy will focus on investment in human resources, science and technology, innovation and start-ups, as well as green and…

© Reuters. A Ford logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David ‘Dee’ Delgado/File Photo (Reuters) – Ford Motor (NYSE:) Co is recalling more than 125,000 sport utility vehicles in the United States due to the risk of an engine compartment fire, The National Highway Traffic Safety Administration (NHTSA) website showed on Tuesday.

© Reuters. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford/ By Trixie Yap and Arathy Somasekhar (Reuters) – Oil prices edged lower early on Tuesday, coming off gains made the previous day as concerns about the global economic backdrop outweighed supply worries raised when Saudi Arabia announced its biggest output cut in years. futures slipped 51 cents to $76.20 a barrel by 0506 GMT. The U.S. West Texas Intermediate crude fell 54 cents to $71.61 a barrel. Brent had gained as much as $2.60 on Monday and as…

Warning: MCW is at high risk of performing badly

ChatGPTShutterstock I prompted Bing’s ChatGPT to write blog posts on “trader tax benefits” and “trader tax status.” See my comments in yellow highlight. I also used Grammarly. ChatGPT did a good job, but gave rudimentary advice. There are nuances in our content that ChatGPT missed. GreenTraderTax and my Forbes articles are a source for ChatGPT’s blog posts. Trader Tax Benefits: If you are an active trader buying and selling securities for a living, you may wonder how to save money on taxes. One way to do that is to qualify for trader tax status (TTS), which allows you to deduct…

Apple has done it again. The $3,500 Vision Pro headset takes all the major computing trends of the past two decades, places them around your eyes in a way that looks sleek and feels comfortable, and offers an intuitive interface that is novel and intimate.Following Apple’s two-hour presentation on Monday, I was among the first people to receive a private, 30-minute demo of the Vision Pro and had a chance to try a variety of features — including one “killer app” not mentioned in chief executive Tim Cook’s keynote address watched by millions online.Moving from app to app using the device…

© Reuters. FILE PHOTO: Financial Stability Board (FSB) Chair Klaas Knot attends a family photo session at the G7 Finance Ministers and Central Bank Governors’ meeting in Niigata, Japan, May 12, 2023. REUTERS/Issei Kato/File Photo FRANKFURT (Reuters) – Underlying price pressures in the euro zone may prove more difficult to tame but monetary policy is showing signs of effectiveness and further rate hikes must be done step by step, Dutch central bank chief Klaas Knot said on Tuesday. The ECB has raised rates by a combined 375 basis points over the past year to combat runaway inflation, and at least…

© Reuters. Investing.com – European stock markets drifted lower Tuesday, as investors fretted about slowing global growth and future central bank policy decisions. At 03:15 ET (07:15 GMT), the index in Germany traded 0.1% lower, the in France fell 0.2% and the in the U.K. dropped 0.1%. Data released earlier in the session showed that unexpectedly dropped 0.4% in April, illustrating the dimming prospects for Europe’s largest economy after it endured the first recession since the pandemic over the winter. The final index, seen as a good gauge of overall economic health, released Monday, showed that business activity in the…

© Reuters. FILE PHOTO: A view shows the Zaporizhzhia Nuclear Power Plant in the course of Russia-Ukraine conflict outside Enerhodar in the Zaporizhzhia region, Russian-controlled Ukraine, March 29, 2023. REUTERS/Alexander Ermochenko KYIV (Reuters) – The destruction of the Kakhovka dam in southern Ukraine poses a threat to the Zaporizhzhia Nuclear Power Plant, but the situation at the facility is under control, Ukraine’s state atomic power agency said on Tuesday. The U.N. nuclear watchdog, the International Atomic Energy Agency, said on Twitter it was closely monitoring the situation but that there was “no immediate nuclear safety risk at (the) plant” which…

Investing.com – The U.S. dollar retreated in early European trade Tuesday, while the Australian dollar soared after the RBA hiked interest rates once more in its fight against elevated inflation. At 02:35 ET (06:35 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 103.793, continuing to fall back from a 2 1/2-month peak of 104.70 seen at the end of May. The dollar has seen some volatility over the last few days as traders try to work out what the will decide in terms of interest rates at next week’s meeting.…