Author: News Room

China’s consumer inflation eased to its lowest level in more than a year in March, as prices for both food and non-food products retreated. The consumer-price index rose 0.7% on year in March compared with February’s 1.0% increase, the National Bureau of Statistics said Tuesday. That marked the lowest reading since September 2021 and undershot the 0.9% increase anticipated by economists polled by The Wall Street Journal. Food prices rose 2.4% on year in March, compared with February’s 2.6% rise. Pork prices accelerated to a 9.6% year-on-year increase, up from the 3.9% growth recorded in February. Vegetable prices fell 11.1%…

Holding a life insurance policy is a key step toward improving your financial health and building generational wealth. It’s something everyone should have, but men still outpace women in terms of purchasing life insurance. Life Insurance Marketing and Research Association (LIMRA) data indicates that while 78% of women consider personal finances very important, only 31% have plans to purchase life insurance coverage. This disconnect between priorities and action might be the result of deeply ingrained stereotypes regarding women and finances, women’s lack of access to financial advisers and information, as well as the ongoing gender pay gap. Haven Life’s Gender…

Most of the largest cryptocurrencies were down during morning trading on Monday, with Polkadot DOTUSD, +3.51% seeing the biggest move, sinking 0.81% to $6.13. Six additional currencies posted reductions Monday. Cardano ADAUSD, +5.18% inched down 0.80% to 39 cents, and Dogecoin DOGEUSD, +1.67% inched down 0.67% to 8 cents. Uniswap UNIUSD, +0.89% inched down 0.67% to $5.85, while Bitcoin Cash BCHUSD, +2.33% slipped 0.49% to $124.64. Ethereum ETHUSD, +1.82% sank 0.41% to $1,849.35. Ripple XRPUSD, +2.01%, which posted the smallest decrease, slid 0.31% to 50 cents On the other hand, two cryptos posted increases, with Bitcoin BTCUSD, +3.34% seeing the…

Shares of Tesla Inc. TSLA, -0.30% shed 0.30% to $184.51 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.30% rising 0.30% to 33,586.52 and the NASDAQ Composite Index COMP, -0.03% falling 0.03% to 12,084.36. This was the stock’s fifth consecutive day of losses. Tesla Inc. closed $179.56 below its 52-week high ($364.07), which the company reached on April 21st. Trading volume (141.5 M) remained 27.7 million below its 50-day average volume of 169.2 M. Editor’s Note: This story was auto-generated by Automated Insights, an automation technology…

Days after the Pentagon announced it was investigating the leak of more than 50 classified documents that turned up on social media sites, dozens of them remain viewable on Twitter. Photos of the leaked documents first appeared on a social media platform called Discord weeks earlier and sat largely unnoticed before making their way to more mainstream sites like Twitter and other platforms like Telegram. The fact that these documents sat undetected for so long and in some cases continue to circulate online underscores the limited authority the US government has to force social media companies to remove content, even…

European stocks advanced at the opening on Tuesday, as investors took heart from a late rally on Wall Street and looked towards the possibility of more interest rate increases from the European Central Bank and US Federal Reserve.The region-wide Stoxx 600 rose 0.5 per cent, while Germany’s Dax and France’s Cac 40 were up 0.5 per cent and 0.7 per cent respectively. London’s FTSE 100 climbed 0.4 per cent. Markets had been closed since Friday for the Easter holiday.US markets recovered strongly on Monday afternoon from a weak start to the day’s trading, with the S&P 500 closing up 0.1…

Stella-Jones (OTCPK:STLJF) is a North American infrastructure company that flies under the radar. The company has increased sales 22 years in a row, and trades at a very reasonable valuation due to its small size and relatively unknown Canadian listing. Since the main listing trades only on the Toronto Stock Exchange it may be missed by most US investors, providing an opportunity. The company specializes in utility poles, railroad ties, industrial infrastructure and residential lumber – 3 slow growth areas that don’t excite investors. However, these infrastructure areas are essential long term and require consistent upkeep allowing for a steady…

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What are Americans prioritizing when it comes to their well-being? According to John Burns Research & Consulting’s January 2023 Healthy Homes survey, the three most important non-financial health and wellness factors for households earning $50,000 or more are mental wellbeing (60%), healthy diet (48%) and physical fitness (47%). “Expect health to impact home selection more often,” the report predicted, citing young consumers prioritizing health impacts more than other groups, but older adults closing the gap. Nearly all (95%) respondents said they now believe that a home impacts its occupants’ health, and close to three quarters (73%) will be considering health…

By Jody Godoy (Reuters) – The founder of Infinity Q Management, which once claimed to manage $3 billion, was sentenced to 15 years in prison for misleading investors about the value of assets the New York firm managed, U.S. Attorney Damian Williams said on Monday. U.S. District Judge Denise Cote sentenced James Velissaris, 38, on Friday after rejecting his recent request to withdraw his guilty plea, which he entered in November. “We hope this lengthy sentence resonates in the financial sector and deters anyone who may be tempted to lie to investors,” Williams said in a statement. A spokesperson for…