News
AMP to Launch New Banking Division
AMP announces plans to launch a new banking division aimed at sole traders and small businesses, with a focus on sustainable funding and diversification. Collaboration with Engine by Starling will help build the platform.
Genuit Group Sees Strong Full-Year Results Despite Decreased Revenue
Genuit Group, a leading provider of water, climate, and ventilation products, expects strong full-year results despite decreased revenue. Successful cost-cutting measures and commercial progress offset lower volumes.
Alstom's Cost-Savings Plan: Job Cuts and Dividend Scrapped
French train maker Alstom cuts jobs and eliminates dividend as part of cost-savings plan to reduce debt and improve profitability.
Shares of Banks Rise as Treasury Yields Plunge
Shares of banks and financial institutions rose as Treasury yields dropped, providing relief for regional banks. The decline in yields was sparked by muted inflation data. Both the SPDR S&P Regional Bank and SPDR Select Sector Financials ETFs saw an increase.
Tensions Flare on Capitol Hill as Government Shutdown Looms
Republican lawmakers clash in intense incidents on Capitol Hill as a potential government shutdown draws near. Hearings, accusations, and ongoing negotiations add to the political turmoil.
Carjackings on the Rise: Protect Yourself and Stay Safe
Carjackings are increasing nationwide, with Washington, D.C. experiencing a shocking surge. Even high-profile individuals like U.S. Rep. Henry Cuellar have been targeted. Criminologist Bruce Jacobs explains the motives behind carjackings. Stay safe by staying aware, choosing safe parking locations, locking your vehicle, driving in the center lane, and trusting your instincts.
Vodafone Swings into Loss in 2024 First Half, Despite Growth in Germany
Shares of Vodafone decline as the telecommunications giant reports a loss in the first half of 2024. Despite growth in Germany, concerns remain about the company's financial performance.
Intermediate Capital Group H1 Fiscal 2024 Results Preview
Find out what to expect from Intermediate Capital Group's H1 fiscal 2024 results, including revenue and pretax profit forecasts. Also, explore key factors such as third-party assets under management and fee income.
Boost in Consumer Discretionary Sector from Tame Inflation Data
Shares in consumer discretionary sector rise after release of tame inflation data, boosting optimism for future consumer spending.
Seeking a New Financial Adviser? Here's What to Consider
Learn what factors to consider when searching for a new financial adviser and how to ensure a successful long-term relationship. Find out about fee-only advisers, fiduciary responsibilities, and the importance of clear communication.