May 17, 2024
Finance

Why Enbridge Stock Slumped Almost 8% in 2023

Shares of Enbridge (NYSE: ENB) fell 7.8% in 2023, according to data provided by S&P Global Market Intelligence. While that wasn’t a massive decline, it did significantly underperform the broader market, given that the S&P 500 rallied 24.2% in 2023. On a more positive note, Enbridge’s high-yielding dividend helped narrow its underperformance on a total

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Finance

First on Yahoo Finance at Davos

The Bill and Melinda Gates Foundation is focused on global healthcare and funding for vaccines for children in need. Former Microsoft (MSFT) President and CEO Bill Gates joins Yahoo Finance’s Julie Hyman and Brian Sozzi from the World Economic Forum in Davos, Switzerland to discuss the current state of worldwide healthcare. It’s all part of

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Finance

FINANCE: Jakstys, Bradshaw, McKillop & Sorger

Jakstys Kristina Jakstys joins J.P. Morgan Private Bank in Los Angeles as an Executive Director and Banker. With over 20 years of experience, she helps clients make informed strategic and succession planning decisions to build, preserve and transfer assets at every stage of life. Kristina joins the firm from Northern Trust. privatebank.jpmorgan.com/los-angeles Bradshaw Daniel Bradshaw

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Finance

Apple could have a new problem: Uncle Sam

Apple (AAPL) has long avoided the government-induced antitrust headaches now plaguing Big Tech rivals like Amazon (AMZN), Google (GOOG, GOOGL), and Meta (META). Until now. The Justice Department is reportedly in the final stages of deciding whether to wage a sweeping legal attack on Apple that could compound headwinds already picking up steam for the

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Finance

European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap

(Bloomberg) — European stocks fell as traders weighed the outlook for monetary policy ahead of a raft of speeches by policy makers at the World Economic Forum in Davos this week. Most Read from Bloomberg The Stoxx Europe 600 index slipped 0.2%, extending a lackluster start to the year after a 13% rise in 2023.

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Finance

One in three UK adults not confident about their financial resilience – survey

One in three (34%) people do not feel confident about their financial resilience and ability to withstand unexpected expenses, a survey indicates. Six in 10 (59%) people do feel confident about their financial resilience, the YouGov research, carried out for HSBC UK found. The remaining 7% said they did not know. The research also indicated

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Finance

Bitcoin’s ETF Hangover Saddles the Token With its Worst Streak in a Month

(Bloomberg) — Bitcoin posted its worst streak in about a month as the fanfare over new US exchange-traded funds for the largest digital asset subsided. Most Read from Bloomberg The token swung between gains and losses to trade little changed at $42,655 as of 1:42 p.m. Monday in Singapore. It dropped for three straight days

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Finance

Yemen Houthi rebels fire missile at US warship in Red Sea in first attack after American-led strikes

DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels fired an anti-ship cruise missile toward an American destroyer in the Red Sea on Sunday, but a U.S. fighter jet shot it down in the latest attack roiling global shipping amid Israel’s war with Hamas in the Gaza Strip, officials said. The attack marks the first

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Finance

Q3 results today: Jio Financial to remain in focus, Angel One, and more companies to declare Q3 results 2024 on Monday

Q3 results 2024: India Inc. is all set to enter into the second week of ongoing October-December quarter results for fiscal 2023-24 (Q3FY24) on January 15. A majority of companies have informed their boards when they will consider their earnings reports for the October-December period or the third quarter. For starters, Jio Financial Services, Angel

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Finance

New social safety nets may be needed

The AI revolution may exert pressure on governments to enact new social safety nets to protect people who lose their jobs but are unable to upskill themselves, warns the head of the International Monetary Fund (IMF). “If we don’t have thoughtful distribution of benefits [of AI] and inequality grows dramatically, that can break the social

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