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October 25, 2021

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Aldi UK to invest $1.8 bln to accelerate growth

Reuters
Abdelaziz Abdou, a Deliveroo delivery rider, poses with a bag of Aldi groceries in London, Britain, June 17, 2020. Picture taken June 17. REUTERS/Toby Melville/File Photo LONDON, Sept 27 (Reuters) – The British and Irish arm of German discount supermarket group Aldi said on Monday it would invest 1.3 billion......

Have a large amount of cash to invest? Here’s how deploying it all at once compares with doing so over time

CNBC
CNBC – For more and to sign up click here Valeriy_G | iStock | Getty Images If you have a big wad of cash to invest, you may wonder whether you should put all of it to work immediately or spread out over time. Regardless of what the markets are......

SoftBank says new Latin America fund has at least $3 billion to invest in regional start-ups

CNBC
CNBC – For more and to sign up click here WeWork Executive Chairman Marcelo Claure during an interview with Andrew Ross Sorkin at WeWork headquarters in New York City on February 10, 2020. David A. Grogan | CNBC SoftBank Group is committing $3 billion to kickstart a second fund focused......

Mexico urges U.S. to invest in region to stem migration

Reuters
Mexican Foreign Minister Marcelo Ebrard speaks as he meets with members of the Venezuelan government and the opposition, to seek consensus on how to overcome the economic and social crises gripping Venezuela, in Mexico City, Mexico August 13, 2021. REUTERS/Edgard Garrido MEXICO CITY, Sept 7 (Reuters) – Mexico’s government on......

Many teens are reluctant to invest in the stock market after the GameStop frenzy, survey finds

CNBC
CNBC – For more and to sign up click here Teenagers have mixed feelings about the stock market after GameStop‘s trading frenzy, according to a survey from nonprofit youth organization Junior Achievement USA and tax, accounting and consulting firm RSM examining their beliefs about investing.  Following GameStop’s rises and falls,......

The White House, amid calls to step up its global Covid response, says it will invest $2.7 billion in vaccine production.

New York Times
The White House, under pressure to do more to address the global coronavirus pandemic, announced Thursday that it will invest nearly $3 billion to ramp up domestic production of critical vaccine components as part of President Biden’s push to make the United States the “arsenal of vaccines for the world.”......

These ETFs hedge against rising interest rates and volatility. Here’s how risky it is to invest

CNBC
CNBC – For more and to sign up click here Protection plays are in vogue as stocks extend their winning streak. Investors have been seeking hedges against everything from inflation to rising interest rates to unprecedented volatility all year, funneling around $5 billion in the past 12 months into exchange-traded......

How much you’ll need to invest every month to earn $35,000 per year in interest for retirement

CNBC
CNBC – For more and to sign up click here There are countless retirement strategies that can help you fund your golden years. But an interest-only retirement plan can help remove one of the biggest fears about life after leaving your job: Will my money outlast me? Here’s a case......

U.S. should invest in development, not just migration restrictions -Mexico president

Reuters
MEXICO CITY, Aug 26 (Reuters) – The United States needs to invest in development, not just migration restrictions, Mexican President Andres Manuel Lopez Obrador said on Thursday. Mexico will always seek to have a good relationship with the United States, Lopez Obrador said at a regular news conference in response......

Mission and Money Clash in Nonprofit Hospitals’ Venture Capital Ambitions

KHN
Cone Health, a small not-for-profit health care network in North Carolina, spent several years developing a smartphone-based system called Wellsmith to help people manage their diabetes. But after investing $12 million, the network disclosed last year it was shutting down the company even though initial results were promising, with users......

Samsung to invest $206 bln by 2023 for post-pandemic growth

Reuters
The logo of Samsung is seen on a building during the Mobile World Congress in Barcelona, Spain February 25, 2018. REUTERS/Yves Herman SEOUL, Aug 24 (Reuters) – Samsung Group will invest 240 trillion won ($206 billion) in the next three years to expand its footprint in biopharmaceuticals, artificial intelligence, semiconductors......

Here’s how to invest your money if you need to spend it in less than 5 years

CNBC
CNBC – For more and to sign up click here Investing is often a longterm game. Your plans, however, may require you to move a little faster. Whether it’s your next vacation or a down payment on a house, you most likely have something you want to pay for in......

Cramer says it is the ‘height of irresponsibility’ to invest in Chinese stocks right now

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Monday urged viewers to remain cautious on the stocks of Chinese companies, contending there’s too much regulatory risk to comfortably own shares. “I don’t know how much simpler I can make this. When an explicitly communist......

Microsoft is in talks to invest in Indian budget hotel start-up Oyo

CNBC
CNBC – For more and to sign up click here An OYO Rooms logo seen displayed on a smartphone. SOPA Images | LightRocket | Getty Images Oyo has expanded beyond India and into markets in the U.S., Europe and Southeast Asia. However, questionable tactics cast doubt on the health of......

DNC pledges to invest $5 million in Virginia ahead of key off-year elections

CNN
USA TODAY – For more and to sign up click here The investment in Virginia — which committee operatives said would fund and develop staff inside the party’s coordinated campaign, bolster volunteer efforts in the commonwealth and provide voter protection assets to the Democratic efforts — are a boon for......

It’s ‘very dangerous’ to invest in stocks and bitcoin right now, long-time bear David Tice warns

CNBC
CNBC – For more and to sign up click here The investor who sold his bear fund as the 2008 financial crisis was unfolding is delivering a grim long-term prognosis to Wall Street. From the S&P 500 to Big Tech to bitcoin, David Tice warns it’s a “very dangerous period”......

How much money your children will have for retirement if you invest the child tax credit every year until they turn 18

CNBC
CNBC – For more and to sign up click here The child tax credit traditionally gave qualifying families a $2,000 credit per child. This year, the $1.9 trillion American Rescue Plan Act of 2021 boosted that maximum number up to $3,000 per kid ages 6 to 17 and $3,600 for......

The best ways to invest when inflation takes off

CNBC
CNBC – For more and to sign up click here Scott Olson | Getty Images Inflation surged more in June than it has in more than 10 years, and the news has investors worried. That’s because rising prices can erode a portfolio’s profit. Most simply, as the cost of living......

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