Author: IA PressRoom

Bernadette Joy paid off $300,000 of debt including her home and shares her simple tips to start … [+] paying off yours.Jen Yuson Photography Even if you make a great income, you may be feeling the mental burden of rising debt. In the United States, 35% of adults carry debt from month to month, according to a Bankrate credit card poll. Average credit card and loan balances for Americans increased last year, fueled by higher interest rates, inflation, increased demand for goods and services and strained supply chains. According to Experian data, the average American consumer debt balance increased by…

US retailers are warning of a surge in thefts, costing some of them hundreds of millions of dollars as they try to outwit organised criminals with extra security and surveillance.Target has alerted investors that “shrink” — an industry term covering shoplifting, employee theft and organised retail crime — will cut its profits this year by $500mn more than in 2022. DIY retailers such as Home Depot and dollar stores including Dollar Tree said shrink had cut their gross margins by several basis points in the first quarter, while Foot Locker was among several retailers citing a “significant” year-on-year increase.Retailers’ concerns…

© Reuters Investing.com — Investors look ahead to a crucial vote in Congress on this weekend’s deal to lift the U.S. debt ceiling, with only days left until the world’s largest economy is expected to tip into a possible default. Meanwhile, the Federal Reserve’s future rate path is in focus, while Turkey’s lira slides against the dollar following the re-election of long-time president Recep Tayyip Erdogan. 1. Debt ceiling deal forged U.S. Congressional lawmakers face a crucial vote on a tentative deal to raise the country’s $31.4 trillion debt limit and avoid a potentially catastrophic default. The agreement, forged by President…

© Reuters. FILE PHOTO: JioCinema logo is seen in this illustration taken April 28, 2023. REUTERS/Dado Ruvic/Illustration/File Photo BENGALURU (Reuters) – JioCinema, the streaming platform run by India’s Reliance Industries Ltd, has signed a partnership with NBC Universal Media in a push to increase Hollywood content on the platform for Indian viewers, the companies said on Monday. The multi-year deal will give JioCinema’s premium subscribers access to popular shows such as “Downton Abbey”, “Suits” and “The Office,” the companies said in a joint statement. This comes after JioCinema signed a content streaming deal with Warner Bros Discovery (NASDAQ:) Inc in…

Image Source: PixabayChinese autonomous vehicle startup Pony.ai has introduced its driverless robotaxi service in Shenzhen.On Monday, the autonomous vehicle technology company revealed that it has received a permit in Shenzhen to conduct robotaxi services without an onboard safety officer in the city’s core areas, according to a report by CnEVPost.Pony.ai was founded in late 2016, and since then has established research and development (R&D) centers in Silicon Valley, Guangzhou, Beijing, and Shanghai, and is running robotaxi operations locally. The company launched the robotaxi app PonyPilot in December 2018, and in November 2020, it secured a permit to operate the robotaxi service in Beijing. In…

California Sen. Dianne Feinstein, a Democrat, was reportedly confused last year after observing Vice President Kamala Harris presiding over the Senate for a tie-breaking vote.Feinstein, 89, appeared unaware during one vote as to why Harris, who had previously broken numerous ties, was taking up her role as president of the Senate, according to a report from The New York Times.A witness included in the report said Feinstein allegedly asked colleagues, “What is she doing here?”With the Senate locked in a 50-50 majority split for the first two years of the Biden administration, Democrats needed every member of their party plus…

Today is Memorial Day in the United States, and most European banks are closed too. Therefore, liquidity in financial markets is thin, with little or no volatility expected. However, the week ahead is full of important economic and financial events that will move markets. Here are four events any trader should consider this week: Australian inflation ISM Manufacturing European inflation Non-Farm Payrolls Australian CPI Inflation still runs way above central banks’ target all over the world. Australia is no different, and this week, the CPI or Consumer Price Index is expected to rise to 6.4% YoY from 6.3% previously. The…

Mitsubishi Electric and Mitsubishi Heavy Industries join hands for power-generator systems

An artist’s impression of The Reserve Residences, the only integrated development with a shopping … [+] mall and a bus interchange, at the foothills of the Bukit Timah nature park in western Singapore.COURTESY OF FAR EAST ORGANIZATION Far East Organization and its sister company Sino Group—both controlled by billionaire brothers Robert and Philip Ng—sold 82% of the apartment units marketed for sale over the weekend at a residential condominium project in the western Singapore town of Bukit Timah, defying slower sales at other projects after the government stepped up property curbs . The Reserve Residences sold 520 units of the…

. In this article I cover the Wanger stock-picking strategy and give you a list of stocks currently passing our screen based on the approach. Ralph Wanger’s investing style of holding small companies with financial strength, entrepreneurial managers and understandable businesses allowed him to generate enviable returns while managing the Acorn Fund between 1970 and 2003. The Wanger strategy focuses on limiting the risk of investing in small-cap stocks, using value, size and growth to find small-cap companies that exhibit long-term growth characteristics. As of April 28, 2023, AAII’s Wanger screening model has an annual gain since inception (1997) of…