China wants 10 Pacific nations to sign on to ‘game-changing’ agreement

China wants 10 Pacific nations to sign on to ‘game-changing’ agreement

The Red Falcon Air Demonstration Team of the People’s Liberation Army Air Force performs over a Chinese national flag on September 30, 2021 in China. China wants 10 small Pacific nations to endorse a sweeping agreement covering everything from security to fisheries in what one leader warns is a “game-changing” bid by Beijing to wrest … Read more

Why Nvidia’s rise could signal a change in this jittery market

Why Nvidia’s rise could signal a change in this jittery market

With Nvidia (NVDA) the dichotomy between short-sighted traders and eyes-on-the-prize investors — like our Club members — continues. As much as the positive reaction on Wall Street to Broadcom (AVGO) buying VMware (VMW) and the excellent earnings of Dollar Tree (DLTR) say about the psyche of the market, the remarkably Lazarus-like move of the stock … Read more

3 takeaways from Dollar General, Dollar Tree earnings that sent stocks soaring

3 takeaways from Dollar General, Dollar Tree earnings that sent stocks soaring

Dollar General and Dollar Tree stores Getty Images Shares of Dollar General and Dollar Tree popped Thursday, as the discounters beat Wall Street’s quarterly earnings expectations, raised outlooks for the coming year and spoke of consumers flocking to lower prices during inflationary times. As of midday Thursday, shares of Dollar General were up about 14% … Read more

UK slaps windfall tax on oil and gas giants over rising energy bills

UK slaps windfall tax on oil and gas giants over rising energy bills

Sunak had previously rejected the idea of ​​a windfall tax, saying that while it sounded “superficially appealing” it would ultimately deter investment. Leon Neal | Getty Images News | Getty Images LONDON – UK Finance Minister Rishi Sunak has imposed a windfall tax on oil and gas majors as the government scrambles to alleviate the … Read more

How Costco became a staple of Asian America

Durian at a Costco Wholesale location in Woodland Hills, California. April 24, 2022 Wendy Leung Wendy Leung rarely saw durian in grocery stores growing up in Los Angeles, but the 45-year-old nonprofit worker found the fruit at her local Costco Wholesale in San Fernando Valley this April. Durian is used in Southeast Asian cuisines and … Read more

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures higher as Wall Street looks to break losing streaks Traders work on the floor of the New York Stock Exchange (NYSE) on May 18, 2022 in New York City. Spencer Platt | Getty Images US … Read more

What is the Indo-Pacific framework, who’s in it, why it matters

US President Joe Biden formally introduced the Indo-Pacific Economic Framework, or IPEF, this week during his first Asia tour, revealing Washington’s long-awaited Asia-Pacific economic strategy. It comes five years after the US unilaterally withdrew from the Trans-Pacific Partnership, a trade deal signed by 12 countries in Asia-Pacific, North America and South America. With the US … Read more

Here’s the best way to use a health savings account

The Good Brigade | Digitalvision | Getty Images Health savings accounts can be a powerful way to build wealth and prepare for medical costs in old age – if they’re used the right way. HSAs carry a three-pronged tax benefit. Contributions and investment growth are tax-free, as are withdrawals if used for qualified health expenses. … Read more

Here’s the best way to use a health savings account

The Good Brigade | Digitalvision | Getty Images Health savings accounts can be a powerful way to build wealth and prepare for medical costs in old age – if they’re used the right way. HSAs carry a three-pronged tax benefit. Contributions and investment growth are tax-free, as are withdrawals if used for qualified health expenses. … Read more

UK investigation on Downing Street lockdown parties

Opposition lawmakers accuse Johnson of knowingly misled Parliament. Wpa Pool | Getty Images News | Getty Images LONDON – A highly anticipated investigation into numerous Covid-19 lockdown-breaking parties at Prime Minister Boris Johnson’s office and residence has been released, intensifying pressure on the embattled Conservative Party leader. The comprehensive report from senior civil servant Sue … Read more