Eluned Morgan has said she hopes foreign-owned companies spend billions of pounds and create thousands of jobs in Wales as a result of an international investment summit. The Welsh government has confirmed the event will happen in Newport on 1 December. Growing the economy was her “top priority”, the first minister said, and she promised
COLUMBUS, Ohio — An investment firm worked extensively with an embattled former member of the retired teachers’ pension fund, according to text messages in newly released court documents. Communications obtained via a records request reveal that QED associates consistently told then-board member Wade Steen what questions to ask, gave him documents to propose and pushed
The acting leadership of the Social Security Administration, Leland Dudek, wants the agency to ramp up identity proofing and leverage more artificial intelligence, he told staff in an email Tuesday outlining a three-month plan for the agency. Dudek has been leading the agency since mid-February, when he was installed after the previous acting leadership left
“Don’t fight the Fed” is an old Wall Street mantra, reminding investors that betting against Federal Reserve policy is often futile. But over the next four years, a more fitting maxim might be: “Don’t fight Trump.” Case in point: Uncertainty surrounding the Trump administration’s tariffs and trade policies has rattled markets. The S&P 500 briefly
Given the current inflation rate investors are looking for ways to beat inflation, the traditional 60/40 stock-bond portfolio may no longer provide the same level of growth or yield as it did in scenarios with lower inflation. So there is a need to think outside the box and find new investment ideas to help deal
Tencent Holdings is poised for “long-term growth” from its aggressive spending on artificial intelligence (AI) as China’s most valuable tech giant aligns its future with DeepSeek and in-house models, according to analysts. Tencent chairman and CEO Pony Ma Huateng said on Wednesday that he had talked with Liang Wenfeng, the founder of DeepSeek, and “admires”
Semiconductor giant Nvidia (NVDA) has vowed to invest billions of dollars in U.S.-manufactured chips and electronics over the next four years. The news was first reported by the Financial Times, citing an interview with NVDA CEO Jensen Huang. At the same time, Nvidia denied reports indicating that Taiwan Semiconductor (TSM) had approached the company to
On 6th October 2021, the inaugural Google for Africa event took place, with the most significant announcement on the day being a $1 billion investment from the big tech company to advance digital transformation across the continent over the coming five years. Four years into the project, and Google held its first official Cloud event
Image source: Getty Images Imagine a dividend share that returns at least 90% of its profit to shareholders each year. Well, I reckon most experienced investors would probably say this isn’t sustainable and warn that the payout’s likely to be cut. However, there’s one particular type of stock – a real estate investment trust (REIT)
Once known for its robust growth, the implosion of Connecticut’s economy following the Black Monday stock market crash of 1987 led to sweeping tax changes, the gradual erosion of its revenue stream and slowing of economic growth. A generation later the 2008 recession hammered financial services, insurance and manufacturing with job losses. Faced with 9%