It appears T. Rowe Price is benefitting from the record growth in actively managed exchange traded funds.Tim Coyne, the firm’s head of ETFs, reports the firm is seeing significant growth in the area — listing the T. Rowe Price Capital Appreciation Equity ETF (TCAF) and T. Rowe Price U.S. Equity Research ETF (TSPA) as two established strategies that can satisfy investor demand.”I think having that professionally managed portfolio is really beneficial to clients,” Coyne told CNBC’s “ETF Edge” this week. “We’re seeing just… greater volatility [and] uncertainty across both the equity and fixed income markets.”According to Coyne, the T. Rowe Price…
Author: usaeverydaylife
Critical minerals such as cobalt, nickel, copper and manganese can be found in potato-sized nodules at the bottom of the seafloor.Pallava Bagla | Corbis News | Getty ImagesU.S. President Donald Trump has signed a sweeping executive order to jump-start the controversial practice of deep-sea mining, seeking to offset China’s dominant position in critical mineral supply chains.The administration is seeking to fast-track the pursuit of strategically important minerals such as nickel, copper and rare earth elements from the seabed in U.S. and international waters.”The United States has a core national security and economic interest in maintaining leadership in deep sea science…
Thanks to elevated mortgage rates and a housing shortage, homebuying is more expensive than ever.In fact, you’d need to earn six figures to afford a median-priced home in all but 15 states, according to a new report from real estate platform Realtor.com. The site’s affordability analysis also revealed that, in nearly half the country, an average four-person household doesn’t bring home enough to afford monthly mortgage payments on a median-priced three-bedroom house.Realtor.com based its figures using a 6.65% mortgage rate on a 30-year fixed loan with a 10% down payment. Analysts factored in property taxes and homeowners’ insurance and assumed…
The doors opened to St. Peter’s Basilica at 5:40 a.m. on Friday, and people immediately began to trickle in to pay their last respects to Pope Francis, whose body lay in a simple wood coffin beneath the vast dome designed by Michelangelo. A couple of hours later, the trickle was a river, as thousands moved through the basilica on the last day they could say goodbye to the pontiff.Francis’ funeral is set for Saturday. Afterward he will be buried across town in the Basilica of Santa Maria Maggiore, a place dear to his heart.St. Peter’s has been open nearly round-the-clock…
Perplexity AI is getting in on the smartphone game.The startup on Thursday announced a partnership to bring its artificial intelligence search engine technology directly into Motorola smartphones. As part of the integration, Perplexity’s AI capabilities will be included in Motorola’s suite of “Moto AI” features. That makes the Razr-maker the first smartphone brand to integrate Perplexity directly into a device. Motorola is also partnering with Microsoft Copilot, Google’s Gemini and Meta for certain queries.”‘Search shouldn’t be about endless links and ads — it should give the user directly what they want, and we think the best way to do that is…
A Pony.ai autonomous car.Pony.aiChinese start-up Pony.ai said Friday it will develop autonomous driving technology in partnership with Tencent Cloud and deploy robotaxi services on tech giant Tencent’s WeChat and other applications.The Nasdaq-listed company which specializes in autonomous vehicle technology, particularly robotaxis and robotrucks, said in a press release that the deal will include cooperation in areas such as cloud services, map data, information security and intelligent cockpit ecosystems.The arrangement will also see the two companies integrate Pony.ai’s robotaxi ride-hailing services within Tencent’s popular WeChat app as well as other applications like Tencent Maps. Both companies had been in talks “for quite…
Chinese President Xi Jinping attends the opening session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China, March 5, 2025.Florence Lo | ReutersBEIJING — China plans to help struggling businesses with targeted measures in the face of “increased external shocks,” according to a readout of a meeting chaired Friday by Chinese President Xi Jinping.The meeting of the Politburo, the second most powerful political body in China, comes as tensions between Washington and Beijing have escalated this month with new tit-for-tat tariffs of more than 100%. Major Wall Street banks have cut their China…
Businesses dealing with the early stages of President Donald Trump’s tariffs are looking for ways to pass increasing costs onto consumers, according to a Federal Reserve report Wednesday.As Trump ordered against-the-board levies on U.S. imports and higher duties on Chinese products, the Fed’s Beige Book indicated how they plan to proceed. Companies reported getting notices from suppliers about rising costs, and they looked to find ways not to absorb the increases while noting uncertainty over the ability to pass them along to customers.”Most Districts noted that firms expected elevated input cost growth resulting from tariffs,” the report said. “Many firms…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailLee Ngor Houai, Ascott COO for EMEA, South Asia, and China, discusses the company’s plan to expand its portfolio in India to 12,000 units by 2028, with limited supply providing ample room for growth. He remains optimistic about India’s growth prospects, driven by strong economic factors and infrastructure development despite geopolitical challenges. It’s flexible brand offerings and growing loyalty program are key to meeting the evolving needs of Indian travelers. Source link
In its heyday in the 1950s and ’60s, the Lung Wah Hotel, a converted, Spanish revival villa, offered a leafy refuge from the bustle of city life, near a cove and surrounded by parks in Hong Kong’s New Territories.Winding stairs, flanked by red lanterns, led to a sprawling Chinese-style garden. On summer weekends, people gathered for games of mahjong under a pavilion as children played nearby in sandboxes and swings. Movies were once shot there and Bruce Lee, its most famous patron, practiced martial arts on its roof.In the decades since, the hotel stopped renting out rooms because new fire…
