The Global Economic News

Article about global economy: Goldman discusses what the Fed policy outlook means for equities 🔥 EXCLUSIVE PARTNER OFFER IGPSPORT BSC200 GPS Bicycle Computer Cycling Odometer Wireless Speedometer Route Navigation ANT + Bluetooth5.0 Accessories Special Price ✨ Special deal alert! Don't miss this amazing product with top-rated reviews worldwide. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.investing.com/news/stock-market-news/goldman-sachs-flags-fed-rate-outlook-as-key-risk-for-us-stocks-ahead-of-cpi-4787366 © EcoNews DZ — Global Economic & Financial News

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Here’s the minimum net worth you need to be considered upper class’ in your 60s and the magic step to get you there Vishesh Raisinghani Sat, July 11, 2026 at 5:05 AM PDT 6 min read GC=F Photo by NomadSoul1 / Envato Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. With a jaw-dropping $85 to $93 trillion in aggregate assets, America's Baby Boomers are the wealthiest generation in history, according to the Washington Post (1). After multiple decades of appreciating home values and a surging stock market, it's easy to see why this cohort (currently aged between 62 and 80) has amassed such an impressive fortune. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord without actually being one JP Morgan sees gold hitting $6,000/oz before 2027 and a gold IRA lets you hold the physical metal while deferring the tax bill. Get your free guide from Priorit...

Big Tech is paying for the AI boom, and chipmakers are cashing in: Chart of the Day The result is a 'generational transfer in free cash flow,' according to Bank of America. Jared Blikre Sat, July 11, 2026 at 4:40 AM PDT 3 min read GOOGL AMZN ORCL META MSFT Wall Street knows Big Tech can spend on artificial intelligence. The harder question is how quickly that spending returns cash to those companies. That is where the story changes. The AI boom is not just a growth story anymore; it is a money-in, money-out story. Hyperscalers Amazon ( AMZN ), Alphabet ( GOOG , GOOGL ), Meta ( META ), Microsoft ( MSFT ), and Oracle ( ORCL ) are writing the checks for chips, data centers, and power. Chipmakers are getting paid first , and they are expected to keep more cash after their own bills are paid. Bank of America Global Research calls it a "generational transfer in free cash flow," and the chart below shows why. AI chipmakers are gaining free cash flow while hyperscalers spend...

Sen. Lindsey Graham , R-S.C., has passed away, his office said Sunday. "On the evening of Saturday, July 11, U.S. Senator Lindsey Graham passed away from a brief and sudden illness," Graham's office said in a statement on X. Graham, a prominent Republican and ally of President Donald Trump , was 71. "Senator Graham's family appreciates prayers at this time and asks for privacy during this incredibly difficult period," his office added. Graham had just returned from a trip to Ukraine. A spokeswoman for Graham, when reached by MS NOW, had no additional information on the circumstances of his passing and said more information would become available in the coming days. Graham had spoken with reporters in Kyiv on Friday, speaking with Ukrainian President Volodymyr Zelenskyy about U.S. sanctions against Russia and Ukraine's air defenses, Reuters reported . In a picture released by Zelenskyy's office accompanying the story, Graham is smiling while standing...

To play this video you need to enable JavaScript in your browser. This video can not be played Figure caption, "I want [Burnham] to be a success and I am sure he will be," Rachel Reeves tells Laura Kuenssberg By Laura Kuenssberg Sunday with Laura Kuenssberg Published 11 July 2026 Rachel Reeves has warned the incoming prime minister, Andy Burnham, that he needs to be properly prepared to govern when he arrives in Downing Street in a little more than a week. Speaking exclusively to the BBC in what is likely to be her last major interview as chancellor, Reeves told Laura Kuenssberg that "it is important that when Andy walks through that door he has a worked-through plan, because governing is hard in Britain, and lots of challenges and shocks will come his way". She said Burnham and his team coming into Downing Street must be "really clear about what they want to achieve", and that "he needs to stay laser-focused on those things that have always motivate...

Why Improving Freight Demand and Pricing Are Reinforcing the Long-Term Investment Case for CSX Corporation Habib Ur Rehman Sat, July 11, 2026 at 2:11 AM PDT 1 min read CSX CSX Corporation (NASDAQ:CSX) is one of the Best Railroad Stocks to Invest In According to Billionaires . As of Q1 2026, 23 billionaires held the stock. On June 25, Barclays raised its price target on CSX to $55 from $47 and maintained an Overweight rating. The firm said solid U.S. and international freight demand, reduced transportation capacity, higher U.S. imports, and firmer core freight pricing could support stronger earnings and outlooks across the sector. Why Improving Freight Demand and Pricing Are Reinforcing the Long-Term Investment Case for CSX Corporation matthew siddons / Shutterstock.com Citi echoed that freight-cycle thesis on July 9, lifting its CSX price target to $53 from $46 while retaining a Neutral rating. The firm said second-quarter earnings for transportation companies could be among the stron...

Image source, Francisco Velasquez/BBC Image caption, Mary Porter shops at Aldi's new Manhattan location in New York City for the first time By Francisco Velasquez Business reporter Published 4 hours ago When Mary Porter walked into Manhattan's newest Aldi store hunting for bargains, the long-time resident found what she considered a retail miracle in plain sight: a $4 jar of almond butter that costs $22 in her own neighbourhood. "Aldi has the reputation for being inexpensive, so I thought I would come and check it out, and by golly, it is amazing," Porter, 79, told the BBC, marvelling at the savings alongside the fresh spinach and organic raspberries filling her basket. To the unassuming passer-by, the storefront is completely hidden, tucked away in an underground parking lot beneath The Ellery, a luxury apartment complex where the cheapest rent starts at nearly $5,000 ( 3,725) a month. In fact, the building's own website completely omits the grocer from its cura...

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Article about global economy: Volkswagen "Future Plan" announced: Is this the right way to go? 🔥 EXCLUSIVE PARTNER OFFER Portable Car Air Compressor 3X Faster 150PSI Cordless Tire Inflator Pump with Digital Gauge for Car Motorcycle Bike Air Pump Special Price 💥 Massive discount! Save big on this must-have item. Free shipping available! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.investing.com/news/company-news/volkswagen-future-plan-announced-is-this-the-right-way-to-go-4787330 © EcoNews DZ — Global Economic & Financial News

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Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . Want to buy a house before the end of 2026? Follow these crucial steps. E. Napoletano Contributor Hal Bundrick, CFP Senior Writer Updated Fri, July 10, 2026 at 11:44 AM PDT 9 min read Ready to buy a house before the end of 2026? Now's the time to make a plan. Here's a look at the current market, some key updates to how mortgage lenders view credit scores, and prep tips to help your home-buying dreams reach the closing table. Read more: See today's lowest mortgage rates Why 2026 could be your year to buy a house Mortgage rates have settled into a narrow range near 6.5%. "Mortgage rates move up and down with the 10-year bond yield. Bonds are inflation-sensitive," Melissa Cohn, regional vice president of William Raveis Mortgage, said in a statement. "The initial reaction in the bond market and in ...

Florida man paid off his house 2 months before Hurricane Milton tore off his roof and he had no home insurance Rebecca Payne Sat, July 11, 2026 at 2:40 PM PDT 4 min read Miguel J. Rodriguez Carrillo/Getty Images It might sound like the fate of a character in a fable, or a line from Alanis Morissette's famous 1990s hit " Ironic ": Man pays off his house, then the roof blows off. Instead, it's the unfortunate reality for one Florida man, who, on top of having the bad luck of seeing his house suffer severe damage from a hurricane, was also on the hook for the costs, since he had recently paid off his home and skipped on paying for homeowner's insurance. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake here's what it is and 3 simple steps to fix it ASAP Millionaires ...

The blurring of public and private interests in the modern White House has many precedents — but it may yet test the tolerance of American voters 🔥 EXCLUSIVE PARTNER OFFER 70mai Dash Cam M310 Plus 2K 1440P 143°FOV F1.55 Smart Voice Control 24H Parking Guard Night Vision 70mai M310 Plus 2K Car DVR Special Price ✨ Special deal alert! Don't miss this amazing product with top-rated reviews worldwide. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/f91f383b-1879-4b48-a9e9-735487e32895 © EcoNews DZ — Global Economic & Financial News

Overlooked market areas may have a banner second half of the year. ETF Action co-founder Mike Akins is encouraging investors to boost exposure to groups that underperformed compared with major artificial intelligence stocks. He told "ETF Edge" this week that his list includes software and cloud computing names. Many have fallen from "nosebleed valuations" and have "very strong growth scenarios." "These companies prove that 'yes,' we still do need software to do our day-to-day jobs," Akins said. He is also flagging disruptive technology as a strong buy for the next six months. "It's a thematic strategy," Akins noted. "It kind of plays a little bit further down market into the mid [and] small-cap range. Those names have been kind of left behind in this mega-cap , semiconductor -led market . Those could do quite well when you look through to their earnings growth estimates by the analysts. It's just a pretty rosy set ...

Bitcoin dropped 2% then rebounded after Trump said he's 'a big crypto guy' here are experts takes on buying the dip Vawn Himmelsbach Sat, July 11, 2026 at 11:00 AM PDT 5 min read BTC-USD MSTR On July 6, Bitcoin dropped more than 2% after Strategy a corporate buyer of Bitcoin disclosed in a regulatory filing (1) that it had sold about $216 million worth of the cryptocurrency. That's the second time this year the company has sold some of its Bitcoin reserves a complete reversal of its former "never sell" approach. Strategy posted a $12.54 billion net loss (2) in the first quarter of this year as the price of Bitcoin slumped. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake here's what it is and 3 simple steps to fix it ASAP Millionaires under 43 hold only 25% o...

Can Colombia’s New Government Reverse the Nation’s Oil and Gas Decline? Can Colombia’s New Government Reverse the Nation’s Oil and Gas Decline? Oilprice.com Matthew Smith Sat, July 11, 2026 at 10:00 AM PDT 5 min read CL=F In a closely contested presidential election in Colombia, controversial far-right candidate Abelardo de la Espriella emerged victorious. After an official recount, his opponent, left-wing senator Ivan Cepeda, conceded defeat. This was a hard-fought campaign which split the community, sparking much controversy across Colombia. While debate rages over De la Espriella's policies and ascension to power, it is clear his presidency will be a godsend for Colombia's beaten-down, economically critical oil industry . More from Yahoo Scout Why is Colombia's growing LNG import dependency economically problematic? How will De la Espriella's policies impact Colombia's oil industry? What caused Colombia's recent energy crisis and production decline? What are...