World
Cathie Wood compares Teladoc to Amazon, says market has it wrong after 40% plunge
Ark Invest’s Cathie Wood continues to bet on Teladoc even as its stock plummets. Source
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The dollar is surging, but these ETFs can stop it from taking a bite out of your portfolio
The dollar has risen sharply in April, but these international stock funds have a way to offset that. Source
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Seasonal trends could be a drag on a stock market that needs a rebound
Traders work on the floor of the New York Stock Exchange (NYSE) on April 25, 2022 in New York City. Spencer Platt | Getty Images Investors will be looking for a reprieve after the worst month for stocks in more than two years, but the calendar might not be too friendly from here. Rising interest […]
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Tennis great Boris Becker gets 2.5 years in prison for bankruptcy offenses
Former tennis star Boris Becker arrives at the Southwark Crown Court for sentencing after being found guilty of four charges under the Insolvency Act in relation to his bankruptcy, including failing to disclose, concealing and removing significant assets in London, United Kingdom on April 29, 2022. Wiktor Szymanowicz | Anadolu Agency | Getty Images Tennis […]
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Even in a tight job market, recruiters say these 4 red flags will cost you the offer
It’s a job-seeker’s market, and companies are focused on working quickly and efficiently to fill scores of openings. But with the rapid rate of quitting and hiring in the last year, some recruiters are rethinking the signs that someone could be a good employee, and what could nix them from getting to the next round […]
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Russia attempts last-ditch dollar bond payments to try to avert historic default
Russia faces renewed threat of debt default on May 4, according to major ratings agencies, as the grace period comes to a close after it attempted to service its dollar bond payments in Russian rubles. Mikhail Tereshchenko | Sputnik | via Reuters Russia’s Finance Ministry said Friday that it had attempted overdue dollar payments on […]
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The Fed’s favorite inflation gauge rose 5.2% in March as worker pay fell further behind
Canned goods are displayed at a Safeway store on April 11, 2022 in San Anselmo, California. Justin Sullivan | Getty Images A measure that the Federal Reserve focuses on to gauge inflation rose in March, likely cementing the central bank’s intention to hike interest rates by half a percentage in May. The core personal consumption […]
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Prosecutors search Deutsche Bank HQ in money laundering investigation
A logo stands on display above the headquarters of Deutsche Bank AG at the Aurora Business Park in Moscow, Russia. Andrey Rudakov | Bloomberg | Getty Images Prosecutors, federal police and other officials searched Deutsche Bank’s headquarters in Frankfurt on Friday in a move Germany’s largest lender said was linked to suspicions of money laundering it […]
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Could there be war between Russia and the West? Strategists predict what could happen next
When relations between the West and Russia were bad, but not so bad: Russian President Vladimir Putin arrives for the U.S. – Russia Summit in 2021 in Switzerland. Mikhail Svetlov | Getty Images News | Getty Images The saber-rattling and rhetoric between Moscow and the West have become notably more aggressive this week, prompting concerns […]
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Russia cuts key interest rate to 14%, says inflation could hit 23% this year
Russia’s President Vladimir Putin (L) and Russian Central Bank Governor Elvira Nabiullina Alexei Nikolsky\TASS via Getty Images However, with the ruble now returning to pre-war levels, policymakers are turning their attention to recalibrating the economy in an effort to absorb the impact of punitive sanctions from international powers. “The external environment for the Russian economy […]
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