Category: Financial Savvy

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China’s central bank says local government debt risks have eased

BEIJING — China's financial risks have fallen, including local government debt, People's Bank of China Governor Pan Gongsheng said in interviews with state media published Thursday night.Pan also said the central bank...

What to Know Before Investing in Buffer ETFs

Investors may want to consider hedge ETFs to protect against recent market volatility.Bruce Bond, CEO of Innovator ETFs, sees an opportunity for exchange-traded funds to offer some protection against a market downturn."That...

Point72’s Steve Cohen Is Stepping Away From Negotiating His Own Book

Steven Cohen, founder of Point72 and majority owner of the New York Mets, attends a press conference at Citi Field, home of Major League Baseball's New York Mets, in Queens, New York,...

Apple in talks with JPMorgan to take over Goldman Sachs card

Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters in Cupertino, California, on March 25, 2019.Noah Berger | AFP | Getty ImagesLitter is in discussions with...

Warren Buffett Did Something Curious With His Apple Stock Holdings

Warren Buffett speaks during the Berkshire Hathaway Annual Meeting of Shareholders in Omaha, Nebraska, on May 4, 2024.Coincidence or master plan? Warren Buffett now owns exactly the same number of shares of...

Market raises economic growth projections after GDP preview

The 1.37% variation in the Central Bank's Economic Activity Index (IBC-Br) in June, above expectations, led the market to increase its estimates for the Gross Domestic Product (GDP) for the year. A...

2024 Elections: Where can I find the candidates’ government programs?

In 2024, almost 156 million Brazilians are eligible to go to the polls to choose their representatives in city halls and municipal chambers across the country. One of the main questions voters...

While they are unable to sell, wealthy individuals offer works of art as collateral for credit

(Bloomberg) -- One wealthy Bank of America client put up his art collection as collateral to secure a loan to buy a sports franchise. Another used his collection of 19th-century American landscapes...
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