The U.S. economy is bracing for severe disruption as a nationwide port strike threatens to choke vital supply chains. Major retailers like Walmart could face immediate consequences, with union leaders sending stark warnings about the lack of trade options as...
When deciding between SOPARFI (Société de Participations Financières) and SPF (Société de Gestion de Patrimoine Familial) as a passive investor in Luxembourg, it depends on your specific investment goals and circumstances. Here's a comparison to help you decide: 1....
Monetary Easing Measures China’s central bank governor, Pan Gongsheng, is set to address key monetary policies in response to recent economic pressures. Following the U.S. Federal Reserve's rate cut, the People's Bank of China (PBOC) has introduced aggressive...
The 2024 U.S. presidential elections carry significant implications for both the global economy and financial markets. While the U.S.A. economy is growing, and stock indices like the S&P 500 remain strong, political uncertainty is casting a shadow. Here’s a closer...
The Miami Dolphins are reshaping their future through groundbreaking financial moves. Led by billionaire Stephen Ross, the team is valued at $7 billion, up from $4.6 billion according to recent Forbes estimates—a 52% increase. The potential sale of a minority stake to...
Norris shines under Singapore’s lights Lando Norris claimed his first-ever Singapore Grand Prix victory, taking control from pole position and leading every lap of the race. His triumph at Marina Bay has significantly impacted the championship standings, reducing the...
In a recent bold move, Qualcomm has reportedly approached Intel to discuss a potential takeover. This could be one of the most transformative deals in the tech industry, as Qualcomm, with a market cap of $188 billion, looks to acquire Intel, valued at approximately...
Luxembourg: Three-Pillar System Luxembourg’s pension system operates on a three-pillar structure. The first pillar is Luxembourg' state pension, financed through contributions from employers, employees, and the government. Employers and employees contribute an equal...
U.S. San Diego County Pension Fund: Impressive Investment Gains In fiscal year 2024, the San Diego County Employees Retirement Association (SDCERA) reported a robust 11.3% return on its $17.7 billion portfolio, demonstrating the fund’s resilience amidst fluctuating...
Interest rate reduction to support Economic Stability On September 18, 2024, the U.S. Federal Reserve took a significant step by cutting its benchmark interest rate by 50 basis points, or 0.5%, lowering the federal funds rate to a range of 4.75%-5.0%. This marked the...
