The Daily Upside
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China’s Trade Surplus Closing in on $1 Trillion, Bolstering Trump’s ...
1 day ago · Markets weren’t impressed, and the Hang Seng Index fell 1.5% Monday, while the iShares China Large-Cap ETF saw outflows for the fourth week in a row. But, on the stimulus front, Finance Minister Lan Foan noted last week that “the Chinese government still has a lot of room to raise debt” — the country’s $11.8 trillion government debt ...
23andMe Gives Up on its Drug Development Dream - The Daily …
15 hours ago · On Tuesday, direct-to-consumer genetic testing firm 23andMe announced it would be shuttering its much-hyped drug development division — touted as not just the future of the company but of drug development — as well as cutting some 40% of its staff. There must have been markers of corporate health risk somewhere in the company’s makeup.
Shell Strikes a Blow For Fossil Fuel Industry in Climate Litigation ...
15 hours ago · On Tuesday the oil giant managed to overturn a Dutch legal order made in 2021 that had mandated the company cut its emissions 45% from 2019 levels by 2030. It’s a win for Shell which, like all fossil fuel companies, is increasingly the target of climate litigation. Specifically, it establishes a legal precedent that it’s not really possible ...
The Search for America’s Next Treasury Secretary is On
2 days ago · The individual tax cuts are set to expire next year, so a key job for the next Secretary will be working with the White House and Congress to fulfill Trump’s pledges to extend them and cut corporate taxes to 15%. They’ll also likely be called in to advise on the aforementioned tariffs: Trump promised a 60% duty on goods from China and 10% ...
The Fed Cut Interest Rates Exactly as Planned. But What’s Next?
5 days ago · Investors in interest rate futures markets have adapted their view, now pricing in rates of 3.6% by 2026, up from predictions of 2.8% in September, according to Citi data seen by The Wall Street Journal. Fed officials in September, for their part, suggested a 50/50 chance of another quarter-point cut in their December meeting; on Thursday, they ...
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Just 22% of Advisors Charge for Financial Planning. Advisors that offer comprehensive services can also manage four times more in assets than their peers, according Cerulli Associates.
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Active ETFs Surge Among Advisors. Photo by AlphaTradeZone via Pexels. Roughly 30% of portfolios had exposure to active ETFs in the second quarter, up from just 13% in 2022, Fidelity reported. 1 min read. Investments.
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