Tue, April 23, 2024

Amanda Hansen

Amanda Hansen is our senior reporter writing on Economy News. Ms. Hansen is a Georgetown graduate specializing in economic and political sciences. Her Ph.D. concentrates on the market impact on the global economy.

The best environmentally focused products available to buy

The best environmentally focused products available to buy

Environmental degradation remains to be an increasing global concern, especially with technological advances leading to pollution. Even with the implementation of various advocacy tools to conserve the environment, little has been accomplished. Going green isn’t just about million-dollar projects. You can start small by recycling trash somewhere in your home. Earth Day is approaching, and …

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Stocks, shares, and global economy

Asian markets advanced after Wall Street’s gains

Asian shares soared today after Wall street posted profits.  Japan’s Nikkei 225 index NIK increased by 2.38%. Toshiba Corp. gained 3.45%. Meanwhile, Hong Kong’s Hang Seng increased by 0.47%. In Seoul, the Kospi climbed by 0.18%. Sydney’s S&P/ASX 200 XJO added 0.4%. The Shanghai Composite index yielded 0.23%.  Shares hiked in Singapore by 1.04%, Taiwan …

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Ping An has reported a set of green finance activities

Ping An has reported a set of green finance activities

China’s biggest insurer, Ping An Insurance, has a set of green finance activities and quantitative performance targets. With the help of its financial product and service innovations, Ping An is hoping to support China’s goal. As we know, the Asian giant aims to achieve carbon neutrality by 2060. It also vau to support combat against …

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Enjin’s JumpNet blockchain

Enjin’s JumpNet blockchain attracts 50 NFT projects already

JumpNet is an innovative airless blockchain created by Enjin. Two weeks after its launch, it recorded more than 50 NFT projects launched in its ecosystem. Enjin launched an early access version of the blockchain on April 6. JumpNet is aprivate fast proof of authorization blockchain, using the issuance and minting of NFTs with zero gas …

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Wall street

Wall Street closes in red for the second consecutive day

Wall Street extended losses for the second consecutive day. Its primary indicator, the Dow Jones of Industrialists, plunged by 0.75%. Markets had high expectations for economic recovery. However, they are now recovering from those positions since global health authorities expect new waves of coronavirus cases.  At the close of the NYSE session, the S&P 500 …

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gold

Gold prices finish higher amid a retreat in bond yields

Gold futures ended more above Tuesday, getting a pull from a retreat in Treasury yields, but prices disappointed to recoup their loss from the prior session. Gold prices have risen after marking a double-bottom March 30, stated Adam Koos, president of Libertas Wealth Management Group, leading to a chart pattern that signals a possible bullish …

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amazon

Amazon introduces a palm scan payment to Whole Foods stores

According to Amazon’s announcement, the company is expanding its palm scan payment system to a Whole Foods store in Seattle. In September, Amazon announced the launch of Amazon One, a new contactless payment, and authentication system. It allows customers to pay for items by placing the palm of their hand on a scanning device. Amazon …

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Dogecoin

“DogeDay420” updates: DogeCoin falls again to US31c

The crypto market is rebounding; social media efforts to push Dogecoin to 69c (or “moon landing”) on 4/20 have failed. The meme coin was hitting a record high of US42c yesterday afternoon. However, by the end of the day, Dogecoin fell by 17% and closed at US31c at 11:47 am. Almost all other cryptocurrencies were …

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Chinese president

Chinese President to speak at a climate summit on Thursday

According to state media, Chinese President Xi Jinping will give a speech On April 22 via video conference at a global leaders climate summit organized by U.S. President Joe Biden. Joe Biden has invited 40 world leaders to a two-day virtual gathering starting on Thursday. Scientists assume the world is severely lagging in tackling the …

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Why it is Important to Calculate Expected Portfolio Return

Why it is Important to Calculate Expected Portfolio Return

For every investor, it is important to learn as much as possible before making financial decisions. An investor would like to know the expected return of its portfolio, its anticipated performance as well as the overall profit or loss it’s racking up. Investors should not forget that the expected return is just that: expected. It …

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Stocks and various factors

Japan stocks fell 2% after Wall Street slid

Tech stock pulled lower Wall Street on Tuesday. That resulted in mixing Asian stock markets. Hong Kong and Tokyo retreated. But Seoul and Shanghai gained. According to Wall Street, its benchmark S&P 500 index loses 0.5% Overnight. Energy companies, banks, and others similar companies that depend on consumer spending also experienced retreats. Investors gained optimism …

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Coca Cola

Coca-Cola raises prices to offset higher commodity costs

In its first-quarter 2021 results on April 19, Coca-Cola Co. announces a recovery in demand from a year earlier as North America and Western Europe take longer to recover. Global unit case volume in March, nevertheless, turned to 2019 levels. The beverage giant’s first-quarter sales rose 5% to $9.02 billion, surpassing expectations of $8.6 billion. …

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