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CNBC·14m ago

Investors who have shunned diversification face maybe the best buying opportunity for bonds in decades

No diversification needed: The 10-year total return stocks minus bonds is near the highest in history.

CNBC·17m ago

Hassett: 'We're still working our way out from' Biden Covid spending

President Donald Trump regularly defends his administration's record by contrasting it favorably with the Biden era, or other blaming the former president.

The Guardian·25m ago

UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs

Average five-year fixed mortgage interest rate has hit 5.94%, its highest since October 2023, says Moneyfacts Business live – latest updates Demand for UK mortgages slumped to a 32-month low in August as buyers were deterred by rising costs linked to the war in Iran. Just 54,918 mortgages for new home purchases were approved in August, the Bank of England reported on Tuesday, the lowest monthly total since December 2023. Continue reading...

CNBC·27m ago

Nvidia's record buyback shows chipmaker's stock is too cheap for CEO Huang to resist

Nvidia is looking to spend hundreds of billions of dollars buying its stock at a time when it's historically cheap based on earnings expectations.

CNBC·27m ago

Some wealthy Americans are spending up to $250,000 a year on longevity care. Here's what doctors say about the practice

The wealthy and ultra-wealthy are spending more on longevity care than ever before. Should you invest your money into similar therapeutics? Experts weigh in.

The Guardian·27m ago3 outlets

What is Burnham’s GB Grid plan and could it bring down energy bills?

Proposed government-backed network body welcomed by some in sector but others call it just another quango Andy Burnham’s first address to the Labour party conference as prime minister is due to address Britain’s rising energy costs and sluggish economic growth with plans for a new government-backed body to invest in the electricity grid. The proposals to set up GB Grid, first revealed by the Guardian , build on the party’s manifesto pledge to create Great British Energy, a state-owned company to invest in renewables, but with the tougher challenge of lowering bills and supercharging the economy. Continue reading...