Shanghai urban skyline and the bund, China.Comezora | Moment | Getty ImagesAsia-Pacific markets rose higher Monday as investors await further stimulus measures from China as well as developments in trade negotiations between the U.S. and countries in the region.Over the weekend, China’s finance minister Lan Fo’an said that the Asian powerhouse will “adopt more proactive macroeconomic policies to promote the realization of the expected growth target for the whole year and continue to bring stability and momentum to the global economy,” according to a Google translation of a statement posted on the ministry’s website.Chinese authorities, including the People’s Bank of…
Author: usaeverydaylife
Mr. Mudimbe was unapologetic. “To the question ‘what is Africa?’ or ‘how to define African cultures?’ one today cannot but refer to a body of knowledge in which Africa has been subsumed by Western disciplines such as anthropology, history, theology or whatever other scientific discourse,” he told Callaloo. “And this is the level on which to situate my project.”Valentin-Yves Mudimbe was born on Dec. 8, 1941, in Likasi, in the Katanga Province of what was then the Belgian Congo, to Gustave Tshiluila, a civil servant, and Victorine Ngalula. At a young age, he said in 1991, he “began living with…
Robert Walters has some unconventional advice for those looking to advance in their careers: It’s better to strive to be among the top performers in the workplace than it is to be the best performer.Walters, a senior vice president at AT&T, says shifting that mindset can help workplace leaders create more achievable benchmarks in the workplace for their employees, rather than fostering competition among colleagues.”Putting people in a position to succeed and giving them kind of milestone achievements [ensured] that they were feeling … sell-fulfillment,” Walters says.He says he has experienced this in his own career. Though he admits to…
Investment banks are warning of a potential structural decline in the U.S. dollar , citing risks ranging from dramatic shifts in U.S. trade policy to the potential unwinding of massive foreign investments in American assets. The dominant view among major institutions leans toward sustained dollar weakness. Deutsche Bank last week forecast a “structural dollar downtrend,” while Barclays noted the dollar index ‘s decline over the year to date — it’s currently down 8.3% — and suggested the weakness is “likely to remain.” .DXY 1Y line While the depreciation of the dollar has been largely attributed to President Donald Trump’s trade…
Traders work on the floor of the New York Stock Exchange during morning trading on April 22, 2025 in New York City. Michael M. Santiago |Getty ImagesStock futures edged lower on Sunday evening ahead of a packed earnings week.Futures tied to the Dow Jones Industrial Average shed 94 points, or 0.2%. S&P 500 futures slipped 0.2%, while Nasdaq 100 futures lost 0.3%.Investors are looking ahead to the busiest period of the first-quarter earnings season, which will see more than 180 S&P 500 companies report results. Four of the Magnificent Seven companies— Amazon, Apple, Meta Platforms and Microsoft — will release their quarterly reports. Heavyweights such…
In Canada’s election, the U.S. is front of mindCanadians are holding parliamentary elections today to determine who will lead their government: the Liberal Party under Prime Minister Mark Carney, a former banker, or the Conservatives, led by Pierre Poilievre, a career politician on the party’s right. Here’s what to know.One issue has consumed voters: President Trump. His tariff attack on Canada and his repeated calls for the annexation of the country as the 51st state have dominated the race. To learn about what’s at stake, I reached out to Matina Stevis-Gridneff, our Canada bureau chief. What are the biggest issues…
House Minority Leader Hakeem Jeffries, D-N.Y., and Sen. Cory Booker, D-N.J., on Sunday hosted hundreds of supporters at the Capitol, sitting on the steps in protest of congressional Republicans’ upcoming push to pass a budget reconciliation bill that they hope will cut $1.5 trillion in federal spending.”That bill, we believe, presents one of the greatest moral threats to our country that we’ve seen in terms of what it will do to providing food for the hungry, care for the elderly, services for the disabled, health care, health care for the sick and more,” Booker said at the beginning of the sit-in.Democrats have…
Prime Minister Benjamin Netanyahu on Sunday publicly accused the head of Israel’s domestic security agency of lying to the country’s top court, the latest twist in a legal battle over Mr. Netanyahu’s attempt to fire the security chief, Ronen Bar.In an acerbic 13-page affidavit defending his decision to remove Mr. Bar, who leads the Shin Bet, Mr. Netanyahu sought to rebut stunning allegations that Mr. Bar made against the prime minister in an equally scathing affidavit that Mr. Bar submitted last week to Israel’s Supreme Court.The extraordinary exchange of recriminations came as part of a case brought by Israeli watchdog…
You may have heard I have a new book coming out, “How to Make Money in Any Market.” It’s got a simple premise. To save well you should own index funds, but, in addition, you should own five individual stocks. Why five? Simple, no matter what period I examined over the last 45 years — my time in the investing business — there were always a handful of stocks that generated outsized performance that I am confident you will find. This stock-picking probability was well-known until Wall Street fell prey to the “all index fund, all of the time” dogma — an…
U.S. President Donald Trump speaks to members of the media as he departs for Rome, Italy, to attend Pope Francis’ funeral, at the White House in Washington, D.C., U.S., April 25, 2025. Leah Millis | ReutersPresident Donald Trump’s approval rating is dipping as he nears 100 days in office and Americans grow skeptical of his sweeping actions to transform government, new polling shows.A trio of polls out Sunday show that a majority of Americans disapprove of Trump’s handling of the presidency. His approval rating — which hovers between 39% and 45% in the three surveys— is the lowest for any…
