Electric vehicle manufacturer, BYD, has been accused of bringing hundreds of Chinese workers to Brazil on irregular visas to construct a factory, according to a labor inspector who spoke to Reuters. The company has since promised to adhere to local labor laws for its remaining workforce. Brazilian authorities reportedly discovered […]
Finance
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Michael Barr of the Federal Reserve Paves Path for a More Lenient Banking Supervisor
Federal Reserve Governors Michelle Bowman and Christopher Waller were recently photographed during a conference break at Stanford University’s Hoover Institution on May 6, 2022. This image was taken amidst the news of the Federal Reserve’s top financial regulator’s untimely exit, paving the way for a successor who is more favorable […]
Meta Abandons US Fact-Verification Initiative, Embraces X-Inspired ‘Community Notes’ Scheme – As Reported by Reuters
Meta Platforms, previously known as Facebook, announced on Tuesday that it will be putting an end to its existing third-party fact-checking program in the US. The tech giant plans to shift its focus towards a new program called ‘Community Notes’, which operates similarly to a prominent feature found on another […]
Is investing in target-date funds, the most favored 401(k) investment, suitable for your financial situation?
Melkinimages | E+ | Getty Images Target-date funds (TDFs) offer a simple and automated approach to retirement savings for 401(k) participants, attracting a significant proportion of investor contributions to 401(k) plans. As of 2023, TDFs constituted about 29% of assets in the average 401(k) plan, according to statistics from the […]
BP initiates gas production at the Greater Tortue Ahmeyim LNG project, as reported by Investing.com
“bp has successfully commenced the flow of gas at the Greater Tortue Ahmeyim (GTA) Phase 1, a project that stands out as one of the most complex and deepest gas developments in Africa. With an estimated capacity of 2.3 million tonnes per annum (mtpa), this liquefied natural gas (LNG) project […]
AI-Enhanced Robotic Arm Unveiled by Roborock, a Leading Chinese Robot Vacuum Manufacturer
In January 2025, Roborock, a robot vacuum manufacturing company headquartered in Beijing, announced a new model. The unique feature of this model is an AI-powered folding arm designed to remove obstacles. The company believes that with the advent of AI, robot vacuum cleaners will become as indispensable as washing machines […]
Weekly Street Market Updates from Investing.com
In the fast-paced world of investments, it’s crucial to keep up-to-date on the latest opinions and evaluations made by Wall Street analysts. Here’s a summary of the notable insights from the past week. InvestingPro members are always the first to receive significant analyst opinions driven by AI. Make sure to […]
In 2024, Citadel’s flagship hedge fund, led by Ken Griffin, experiences a surge of 15.1%.
Article Title: Citadel’s Hedge Funds Thrive with Double-Digit Returns in 2024 under the Leadership of Ken Griffin Ken Griffin, the man at the helm of Citadel, took the spotlight at the yearly DealBook Summit hosted by The New York Times in New York City on December 4, 2024. The billionaire […]
Discover BTIG’s premier selection for the initial half of 2025 as highlighted by Investing.com
Investors should brace themselves for a slowdown in growth in 2025, following two years of an impressive 20% increase in the benchmark index, as per BTIG analysts led by Jonathan Krinsky. Despite 2024 concluding on a somewhat bleak note, all the major US indices reported substantial annual increases, with the […]
Strategies for Readjusting Your Investment Portfolio Following High Stock Yields in 2024
In 2024, the financial markets experienced a significant climb. As a result, investors might need to reevaluate and readjust their portfolios to ensure their investment allocations are still on track with their financial goals. The S&P 500, an index of the largest publicly traded U.S. companies based on market capitalisation, […]