As Wall Street continues to break records, the state pension fund’s performance has reached its highest level in history at $55 billion. For the 2023 calendar year, the pension funds increased by 12.8%, pushing Connecticut up in the national rankings. The strong performance marks a solid turnaround from years when Connecticut ranked as the second
Image source: Getty Images Cryptocurrency may be controversial, but it has also become one of the most popular investment types. Nearly one-quarter (24%) of investors own crypto, according to a recent investing study by The Motley Fool. That puts it ahead of bonds, index funds, and several other investment products. Not every age range feels
There has been wide criticism that the U.K. government is not investing enough to achieve a green transition in line with its climate pledges. It continues to back oil and gas operations in the North Sea and has gone back and forth on several renewable energy and nuclear power plans. However, a potential new investment
Industry News AWS Completes Investment in Claude AI Maker Anthropic Amazon Web Services has completed its promised $4 billion investment in generative AI company Anthropic. Anthropic and AWS first inked the deal last September. As part of its terms, AWS would become a minority owner in Anthropic, maker of the Claude chatbot and family of
StakingFarm StakingFarm announces ambitious plans to dominate the crypto staking industry in 2024 by offering the highest Annual Percentage Yield (APY) returns. CEO Klajdi Toci emphasizes the platform’s commitment to maximizing passive income for its users. London, UK, March 27, 2024 (GLOBE NEWSWIRE) — In a bold move that positions the company at the forefront
Open this photo in gallery: Representations of cryptocurrency Bitcoin in Paris on March 9.Benoit Tessier/Reuters Rob Csernyik is a 2022 Michener-Deacon fellow and a contributing columnist for The Globe and Mail. When Bitcoin hit an all-time high of nearly US$74,000 on March 14 – pushing the cryptocurrency market to a dizzying US$2.8-trillion – I was
German industrial giant Thyssenkrupp confirmed that it is entering into talks with private equity firm Carlyle to acquire a partial stake in the company’s naval shipbuilding operations as one of several options for the unit. This comes as the private equity sector has increased its interest in defense-related investments and as the German company struggles
The world of cryptocurrency is grappling with considerable challenges following its tumultuous boom and subsequent decline, which garnered significant media attention. The process of mainstream integration has been uneven, partly due to the difficulty in securing regulatory approval. The risk of theft – whether via hacking or other means – poses a considerable barrier in
Australia is establishing a A$2 billion ($1.3 billion) investment financing facility to boost investment in Southeast Asia (SEA) as part of several economic initiatives announced at this week’s Asean-Australia Special Summit to commemorate 50 years of dialogue in Melbourne. The initiatives include recommendations from Invested: Australia’s Southeast Asia Economic Strategy to 2040, launched last year by
These mutual-fund and ETF investing tips can give your portfolio new momentum
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