The International Monetary Fund (IMF) has upgraded its growth forecast for the UK economy this year, but has also warned about the possible impact of Donald Trump’s economic plans.
The global institution upgraded its prediction for UK growth to 1.6% for this year from its previous estimate of 1.5%.
» Read more about: IMF warns Trump's plans could backfire on the US »
Chinese ETFs saw strong gains in early trading on Friday after President-elect Donald Trump touted a call with Chinese President Xi Jinping in a post on Truth Social, the president’s social-media platform.
“I just spoke to Chairman Xi Jinping of China. The call was a very good one for both China and the U.S.A.
» Read more about: China ETFs rally as Trump touts 'very good' call with Xi »
Today, new “pounds and pence” price rise rules become mandatory for broadband, paid TV and mobile providers.
Mid-contract price rises have been long bemoaned by customers, with providers previously increasing rates in April based on inflation (and a bit more – around 4% – on top).
That’s led to uncertainty about how much contracts could rise,
While high dividend yields can be attractive, it’s essential to assess the sustainability of these payouts. Factors such as the company’s payout ratio, debt levels, and overall financial health should be considered. Additionally, a declining stock price can inflate the dividend yield, potentially signaling underlying business issues. Therefore, conducting thorough research and due diligence is crucial when selecting dividend-paying stocks for investment.
» Read more about: Top S&P 500 Stocks with High Dividend Yields »
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Bitcoin’s drop below $100,000 has led investors to explore alternative cryptocurrencies like XRP for better returns. XRP’s network offers faster transaction speeds and significantly lower fees compared to Bitcoin’s limitations.
By Jeffry Bartash
Trump White House to have big influence on world economy
The U.S. economy has separated itself from the global pack – and its lead could widen in the new year.
That’s the upshot of a new forecast by the International Monetary Fund, the organization created at the end of World War II to support the global economy.
» Read more about: U.S. economy poised to lead the global pack in 2025, IMF says. Here's why. »
Over the last 7 days, the United States market has remained flat, yet it is up 25% over the past year with earnings forecasted to grow by 15% annually. In this context of steady growth and positive earnings outlook, identifying high growth tech stocks involves focusing on companies with innovative technologies and strong potential for future expansion.
» Read more about: Exploring High Growth Tech Stocks In The United States January 2025 »
Social Security benefits are an important source of retirement income,
U.S. stock futures were rising and bond yields were retreating on Friday. Investors have been fretting about elevated interest rates for weeks, but the past few days have boosted hopes that the Federal Reserve will be able to cut borrowing costs at some point this year.
The mood on Wall Street has been improving since Wednesday’s consumer price index report showed core inflation had cooled last month,
» Read more about: Stock Market News: Dow Set to Open Up Amid Hope for Fed Rate Cuts »
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