Canada has scrapped its planned digital services tax on US tech firms late on Sunday, just hours before it was due to come into effect.
The move aims to revive stalled trade talks with the US, which President Trump suddenly halted on Friday over the tax,
Target-date funds have become very popular due to their simplicity and convenience, surpassing $4 trillion in assets in 2024 as more investors opt for a “set-it-and-forget-it” approach to retirement planning.
But are they the right fit for your retirement goals? After all, a one-size-fits-all approach is rarely a good fit for everyone.
» Read more about: Are Target-Date Funds the Right Fit for Your Retirement Strategy? »
Jio BlackRock Mutual Fund, a joint venture between Jio Financial Services and BlackRock, has officially marked its entry into the Indian market with the launch of three open-ended debt schemes. The offerings include the Jio BlackRock Liquid Fund, Money Market Fund, and Overnight Fund. These schemes are intended to cater to investors looking for short-term income generation while maintaining a low-risk profile.
As always, The Motley Fool cannot and does not provide personalized investing or financial advice. This information is for informational and educational purposes only and is not a substitute for professional financial advice. Always seek the guidance of a qualified financial advisor for any questions regarding your personal financial situation. If you’d like to submit your question for feedback,
» Read more about: Am I Being Silly Holding $77,000 in Cash Instead of Investing It? »
As exchange-traded funds push further into niche markets and use derivatives or other complex strategies, financial advisors and investors need to use caution before they buy.
Two Morningstar analysts warn investors that there have been a spate of ETF launches that may do more harm than good.
Dan Sotiroff,
» Read more about: Why Investors Should Be Cautious as ETFs Grow More Complex »
» Read more about: SEC Clears Path for Ethereum, Solana Staking ETFs »
By Jamie Chisholm
Equities may have already started to price in more Fed interest rate cuts
Stocks are on course to enter the second half of 2025 in record territory. The rebound from the mid-April trough has been sharp, with the S&P 500 SPX up nearly 24%
Inevitably,
Canada has scrapped its planned digital services tax on US tech firms late on Sunday, just hours before it was due to come into effect.
The move aims to revive stalled trade talks with the US, which President Trump suddenly halted on Friday over the tax,
Stock futures rose Monday morning, putting major indexes on track to add to the record highs set at the end of last week, as investors kept close tabs on developments related to trade talks and budget bill deliberations in Congress.
Futures tied to the S&P were up 0.5% recently, while those linked to the Dow Jones Industrial Average and the Nasdaq each added 0.6%.
KUALA LUMPUR: Public Bank Bhd’s wholly owned subsidiary, Public Mutual Bhd, has declared distributions totalling over RM109mil for five funds.
In a statement today, the unit trust manager announced total gross distributions of 5.50 sen per unit for the PB Fixed Income Fund, PB Infrastructure Bond Fund,
» Read more about: Public Mutual declares over RM109mil in distributions for five funds »
