Cathie Wood’s ARK loses patience with Chinese equities

[ad_1] Text size Cathie Bois Adrienne grunwald ARK Investment Management is renowned for investing in companies whose profits are years, if not decades away. But even the growth-oriented investor has seen his patience tested by China’s regulatory crackdown. At a monthly investment seminar, ARK CEO Cathie Wood discussed a “valuation reset” in China’s tech sector, … Read more

Social Security recipients could experience biggest cost of living increase in decades – WJW FOX 8 Cleveland News

[ad_1] Social Security beneficiaries may experience the biggest increase in the cost of living in decadesWJW FOX 8 Cleveland News Social Security beneficiaries could experience the biggest increase in the cost of living in nearly 40 yearsCBS News Social Security beneficiaries could see biggest increase in cost of living in decadesKARE11.com Social Security beneficiaries could … Read more

Airbnb stock tracks Expedia in 2021, here’s why

[ad_1] Airbnb received a rare double upgrade to a buy note from Gordon Haskett this week. The company sees improving trends, especially in Europe, as a boon to the vacation rental fleet. But Airbnb has languished this year compared to fast-growing challenger Expedia, which owns competitor VRBO. Airbnb stock fell 2% in 2021, while Expedia … Read more

2022 semi-autonomous Jeep Compass debuts with new technology and luxury

[ad_1] The 2022 Jeep Compass can go its own way. The updated subcompact SUV, which originally launched in 2017, will be available with what Jeep calls a “semi-autonomous” feature that mixes adaptive cruise control and lane centering to control the vehicle. on the highway as long as the driver continues their hands on the wheel. … Read more

UK announces plan to decarbonize aviation, trucks and rail

[ad_1] An electric vehicle charging point in Stoke-on-Trent, England. Nathan Stirk | Getty Images News | Getty Images The UK government said on Wednesday it wanted to create a net zero transport sector by 2050, as it appeared ready to release details of a long-awaited decarbonization plan later today. According to a government press release … Read more

Citigroup profits soar as consumers rebound

[ad_1] Citigroup Inc. VS -0.16% said on Wednesday its second-quarter profit had skyrocketed on an increasingly bright view of consumer health. The bank made $ 6.19 billion, or $ 2.85 per share, from $ 1.06 billion, or $ 0.38 per share a year earlier. This topped the $ 1.97 per share analysts were expecting, according … Read more

Social Security beneficiaries could experience biggest increase in cost of living in decades – WOODTV.com

[ad_1] Social Security beneficiaries may experience the biggest increase in the cost of living in decadesWOODTV.com Social Security beneficiaries could experience the biggest increase in the cost of living in nearly 40 yearsCBS News Social Security beneficiaries could suffer their biggest cost of living increase in decadesWPRI.com Social Security COLA estimate rises again amid inflation … Read more

India bans Mastercard from adding new customers – TechCrunch

[ad_1] The Reserve Bank of India has indefinitely banned Mastercard from issuing new debit, credit or prepaid cards to customers in the South Asian market for failing to comply with local data storage rules. The central bank of the South Asian market said the new restrictions would go into effect on July 22. RBI said … Read more