business news
This type of ETF is seeing near-record inflows — but will it keep paying dividends?
It’s a type of ETF seeing near-record inflows. New data shows dividend exchange-traded funds totaled almost $50 billion in fresh money in the first half of 2022, according to Todd Rosenbluth of VettaF, a financial services company. “We recently did a survey of advisors at VettaFi, and dividend strategies were most popular in terms of […]
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Ford’s Mustang Mach-E electric crossover is a hit with industry insiders — that could help it take on Tesla
Ford’s first real attempt at an electric vehicle has been quite a hit with critics. The Mustang Mach-E replaced the Tesla Model 3 as Consumer Reports’ Top Pick in February 2022. It was named the Top Car in the Automobile Association of America (AAA) Car Guide in May. Car and Driver awarded it the magazine’s […]
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Rate resets on 9.62% interest, taxes, inherited assets: Experts weigh in on 3 tricky questions about Series I bonds
The demand for Series I bonds, an inflation-protected and nearly risk-free asset, has skyrocketed as investors seek refuge from soaring prices and stock market volatility. While annual inflation rose by 8.6% in May — the highest rate in more than four decades, according to the U.S. Department of Labor — I bonds are currently paying […]
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Canada to return repaired Nord Stream 1 turbine, expand sanctions on Russia
Russia says it stands ready to supply gas to Europe, describing ongoing disruption concerns as a “man-made crisis” created by Europe. Bloomberg | Bloomberg | Getty Images Canada will return a repaired turbine to Germany that is needed for the Nord Stream 1 gas pipeline and could help to ensure continued flows of energy until […]
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15 dead in Russian rocket attack on Ukraine apartment building
Rescue operation is underway after a missile strike, amid Russia’s invasion of Ukraine, at a location given as Chasiv Yar, Ukraine. Donetsk Region Governor Pavlo Ky | Via Reuters At least 15 people were killed when a Russian rocket hit an apartment building in the eastern Ukraine town of Chasiv Yar and more than 20 […]
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Ukraine Muslims pray for victory, end of occupation
By the time the Russians invaded, 43-year-old Mufti Said Ismahilov — one of the Muslim spiritual leaders of Ukraine — had already resolved that he would step aside from his religious duties to fight for his country. At the end of last year, as warnings of an imminent attack grew louder, Ismahilov began training with […]
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Russia is bringing more reserve forces close to Ukraine; Moscow official jailed for anti-war comment
Pro-Russian separatist forces are seen in the Donetsk Oblast in eastern Ukraine on May 28, 2022. Anadolu Agency | Anadolu Agency | Getty Images Russia is bringing its reserve forces from all over the country closer to Ukraine to prepare for future advances, according to the U.K.’s Ministry of Defense. Meanwhile, Moscow says it has […]
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U.S. health laws don’t always protect abortion information, but new bills could fill the gaps
A journalist reports near a crowd of abortion-rights activists in front of the U.S. Supreme Court after the Court announced a ruling in the Dobbs v Jackson Women’s Health Organization case on June 24, 2022 in Washington, DC. Nathan Howard | Getty Images The Supreme Court’s decision to overturn Roe v. Wade last month raised […]
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Auto dealerships are facing a shortage of technicians to fix cars. Here’s why
It’s not just hard to buy a new car these days — it’s getting tough to even get one fixed. There just aren’t enough workers to do the job. Dealers and auto repair shops are struggling to recruit and retain technicians and other service department workers. Auto dealerships, like many industries, are feeling the effects […]
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Why Bed Bath & Beyond’s CEO stock purchase is a sign of stress, not strength
Many investors take it as a good sign when a CEO puts their own cash into the company they run. After all, who knows better what opportunities the business has? Unfortunately, it may not always be the case. On Wednesday, filings with the Securities and Exchange Commission revealed Bed Bath & Beyond interim CEO Sue […]
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