ETFs set to overtake mutual funds as passive vehicle of choice

The mutual fund industry is poised to lose its crown as the dominant passive investment vehicle, with the non-active exchange traded fund sector on...

EXCLUSIVE Banker behind report alleging HSBC racism resigns over lack of support

The author of a report alleging institutional racism inside HSBC (HSBA.L) has resigned, citing frustration at its response to some of his criticism and a lack...

Extra unemployment benefits to end for 7.5M workers in September

Millions of Americans are poised to lose their unemployment benefits in one month's time, as the massive safety net that Congress put in place in the...

Biden sets electric vehicle target in drive to cut emissions

Joe Biden ramped up his climate change policies on Thursday by signing an executive order calling for half of all new vehicles sold in...

Key Fed official sees rates liftoff in 2023 as policy debate heats up

The contours of debate within the U.S. central bank over when to dial back support for the economy burst into the open on Wednesday...

How to Set Up a Power of Attorney

When it comes to a power of attorney document, you don't seem to need it – until you suddenly, desperately do. Designating a power of attorney is...

StanChart restores payouts but income drop signals challenges ahead

Standard Chartered PLC (STAN.L) reported a higher than expected 57% jump in first-half profit and $350 million worth of shareholder payouts, but a fall in revenue...

State exits from unemployment programs help raise $53 billion for infrastructure

States’ early withdrawals from federal unemployment programs in recent weeks are helping Senate lawmakers finance upgrades to the nation’s infrastructure, according to legislative text unveiled Sunday. Twenty-six states,...

Biden administration extends eviction freeze: What to do if you’re struggling to make payments

The Federal Housing Finance Agency (FHFA) and the Federal Housing Administration (FHA) each announced Friday that their coronavirus pandemic-driven eviction moratoria, which protect homeowners and renters...

Biden wants U.S automakers to pledge 40% electric vehicles by 2030 -sources

The White House has told U.S. automakers it wants them to back a voluntary pledge of at least 40% of new vehicles sales being...

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Chipotle Is Testing New Smoked Brisket in Certain U.S. Cities

Chipotle is continuing to bring new innovations to its restaurants.The fast-casual chain announced on Monday that they are currently testing smoked brisket in select...

Reasons to skip fresh fruit juice this summer and opt for whole fruit

Thinking juicing fresh fruit is your healthiest beverage option this summer? Think again. From zero fibre to sugar overdose, know the adverse effects of...

Reduce Salt and Increase Potassium for Heart Health

Researchers emphasize the importance of reducing salt intake and increasing potassium levels for heart health. According to a recent study published in JAMA, drastically...
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