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Helping my mom with portfolio

I'm very aggressive with my portfolio. Honestly, it's worked out very well for me and I'm not looking for any incentive to change. My mom asked me for help setting up her portfolio. Her situation is as follows: She has a total of 4 million dollars + the value of her home is around 700,000 + she has 40,000 in cash just sitting in a Bank of America account doing nothing. The majority of it is managed by Edward Jones in a 60/40 split. She took 100k because she doesn't want everything concentrated i

Market Insight: Foreign investors miss the chip rally in South Korea

The leading index Kospi has gained 200 percent within twelve months. But the national currency has recently weakened. The explanation is not very flattering for fund managers, says Jakob Blume.

Europe: Magyar: Hungary and Ukraine are about to reach agreement on minority issues

After his visit to Berlin, the Hungarian Prime Minister announced the prospect of resolving differences with Ukraine. Negotiations are currently underway regarding the educational rights of the Hungarian minority in Ukraine, Magyar said.

France restricts Israeli presence at Europe’s biggest defense show

The restrictions come amid strained relations between Paris and Jerusalem over Israel’s military operations in Lebanon.

Tanks, ammunition and ships: billion-dollar order for Rheinmetall from Romania

Rheinmetall has been busy making acquisitions and expanding, most recently in naval shipbuilding. The defense company is now benefiting from its role as a full-service supplier for the first time: Romania is ordering for almost six billion euros.

Today: This ETF portfolio provides passive income

Inflation in the euro zone rises to 3.2 percent. The ECB is likely to react to this soon. Also: With these three funds you receive monthly distributions.

SpaceX: Musk wants to reduce IPO fees – banks are still expected to earn around $500 million

Elon Musk's SpaceX is negotiating a fee of less than 0.75 percent for its IPO. Participating banks could still generate the highest revenue ever.

NYC bar uses prediction markets to hedge against a new financial risk: A Knicks victory

Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using Kalshi, a CFTC-regulated prediction-markets platform, to hedge against another kind of risk.

Arms industry: Rheinmetall wins record order

Rheinmetall secures a 5.7 billion euro order for tanks, anti-aircraft defense and ships in Romania. Production there is expected to grow strongly.

Armament: Rheinmetall wins record order – tanks and ammunition for Romania

Rheinmetall has received one of the largest orders in its company history. The deal strengthens the group's position in the European defense market.

Boris Vujčić: A European perspective on currency and convergence

Wall Street: AI party continues: HP Enterprise exceeds all expectations

HPE's quarterly figures drove the stock up over 30 percent. And: Alphabet wants to increase capital by $80 billion.

Orban's successor in Berlin: Merz wants to help Hungary “back to the center of Europe”.

The change of power in Hungary is a glimmer of hope in difficult times for many in Europe. Also for Chancellor Merz. He welcomed the new Hungarian head of government to the Chancellery with open arms.

Software provider: Salesforce buys Berlin-based billion-dollar company Contentful

The Berlin software company Contentful is moving to the USA. Critics complain about the loss of an independent tech company for Europe.

Putin in Beijing, ‘China shock’ in EU: 7 global relations reads

We have selected seven of the most interesting and important news stories covering global relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. Brussels agrees on tougher China trade policy, as Beijing vows retaliation The European Commission agreed on a tough new approach to trade relations with China in May, at a rare Beijing-focused debate among Brussels’ leadership. The trade-focused orientation debate is seen internally as the...

EU Backs Sanctions Relief Path If Iran Accepts Strict Conditions

Any temporary peace agreement between the United States and Iran must be followed by deeper talks about Tehran’s nuclear stockpiles, missiles, and other critical issues, European Union foreign policy chief Kaja Kallas said. Speaking at a news conference in Islamabad on June 1, Kallas, the EU high representative for foreign affairs and security policy, said she sees a "tenuous diplomatic opening" to extend the current temporary cease-fire and reopen the Strait of Hormuz despite an exchange of att

Comment: The greedy beast inflation wants more

A second wave of inflation is building. Not just in the euro zone, but worldwide. The central banks must take decisive countermeasures - especially the ECB.

Aviation: Eurowings boss Kownatzki: “Where demand is high, prices rise more sharply”

Max Kownatzki has been the airline's boss for around 100 days. “Eurowings is doing well,” he says. But the Lufthansa branch is also feeling the crisis in the industry.

Chip company Arm: The next billion-dollar man

By starting to sell its own processors, the previous chip designer Arm is moving into new dimensions. His boss could particularly benefit from this.

Guest commentary: Germany must secure access to cutting-edge AI

New AI models like Mythos show how vulnerable Europe is to US technology. The only way to combat this is to promote infrastructure on our own soil, say Monika Schnitzer and Daniel Privitera.

Artificial intelligence: “Germany has an education and a mentality problem”

Researchers Caroline Heil and Thomas Druyen warn of the collapse of the education system due to the AI ​​boom. A conversation about sluggish German education policy - and how it could be done better.

Innovation: How Ukraine is becoming Europe's leading tech nation

In the war against the all-powerful Russia, technology is the underdog's weapon. At the same time, Ukraine is pushing ahead with a digital transformation that is even impressing Silicon Valley.

Carl Benedikt Frey: “Trump is endangering American technological leadership”

The Oxford economist explains why AI redistributes the opportunities and risks in international competition. He believes the European AI narrative is far too negative.

Interview: “We are still too well to really wake up”

The Germans are paralyzed by the many crises, but they have to change. This often only happens through pain, says neuroscientist Laura Wünsch – and it has to get even bigger.

Interview: Oxford economist: “Europe has real strengths that it systematically underestimates”

Europe is not lost in the AI ​​race against China and the USA, says Paul Collier. He has five suggestions for Germany to catch up in technology competition.

Sweden prepares prisons for 13-year-old gang killers

A surge in gang-related shootings and bombings over the last decade, dozens of which were carried out by minors, has set Sweden apart from its European peers and left authorities an urgent problem: what to do with children who kill. The government, in power since 2022 and heading into a tight election in September where crime is a key issue, says the softly-softly approach of the past has failed and it is time to get ‌tough by sending children aged under 15 to prison rather than into social...

Researchers appeal to Chancellor: “Reform spouse splitting”

An alliance of economists and former constitutional judges is calling on the government to reform spousal splitting. Married couples without children would pay an additional 300 euros a year in the new model - and families would benefit.

Business ticker: Bayer faces a new hurdle in the glyphosate comparison - shares lose six percent

Eurowings only passes on half of the tax cut +++ HP shares shoot up by 36 percent +++ Tesla records strong sales increase in Europe +++ News in the company live blog.

How integrated modeling and simulation accelerates Europe’s defensive edge

[Sponsored] Lockheed Martin’s ACES platform delivers a shared virtual battlespace that strengthens readiness, interoperability, and faster decision-making through advanced, integrated modeling and simulation capabilities designed for evolving global threats.

Euro debt issuance hits record high as EU strives to supplant US dollar

Turning the euro into a 'truly global currency' is 'both necessary and urgent', says Valdis Dombrovskis