Finance news

Best options (low risk and for beginners) to keep 15k of savings for a year?

Hi, I'm new to investing, I have 15k on an account that I plan to keep untouched (and continue to save on it) for a year, after the year I will need the money. Currently have it in a savings account where it is earning 2%, so below inflation. I currently do not have a lot of time to nerd out on this stuff or do super complicated strategies, what is something safe and simple? even if its not the best earnings, I just need to keep it above inflation. Chat GPT suggested Euro Money Market Fund (MMF)

Federal Reserve: Central Bank: Former Fed Chairman Greenspan dies

For years he was considered an oracle and maestro: For over 18 years, Alan Greenspan, as head of the central bank, ruled over the interest rate policy of the world's largest economic power.

Christine Lagarde: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament

Alan Greenspan: The magician is gone

Alan Greenspan was considered the magician of the markets and headed the Federal Reserve under four US presidents. He mastered the art of concealment. Now he has died.

Federal Reserve notes with deep sadness the passing of Alan Greenspan

Federal Reserve notes with deep sadness the passing of Alan Greenspan

Alan Greenspan-RIP

So long, and thanks for all the fish! see: https://www.n-tv.de/wirtschaft/Ex-Fed-Chef-Alan-Greenspan-ist-tot-id30996663.html submitted by /u/Nerd997711 [link] [comments]

Central Bank: Former State Secretary Nimmermann should become Bundesbank board member

Philipp Nimmermann will join the board of the Bundesbank. The former State Secretary is a member of the Green Party and will probably succeed Burkhard Balz.

What is your goal when investing in stocks/ETFs/others?

I'm basically having an early mid-life crisis. ​ I earn €3000 net and have around 1/3 of this money freely available. The 2/3 includes everything you can plan for (inspection, TÜV, birthday and Christmas presents for your girlfriend, subscriptions, living, etc.) ​ The 1/3 are really “over”. Of the 1000-1100€ I save 200€ a month for vacations, 200€ I give myself for leisure activities (although these usually amount to 100€), 500€ go into an ETF and the rest

US Federal Reserve: Former US Federal Reserve Chairman Alan Greenspan dies

Greenspan led the Fed from 1987 to 2005 and earned the title of “oracle” with his assessments. The bursting of the real estate bubble after his departure cast a shadow over his career.

Alan Greenspan, former US Fed Reserve chair, dies aged 100

Alan Greenspan, hailed as the greatest Federal Reserve chairman when he retired in 2006 but derided for a severe financial crisis that followed barely two years later, died on Monday aged ⁠100, NBC News reported. Greenspan, who exerted a powerful influence on the US economy ⁠during his tenure at the helm of the Fed from August 1987 to January 2006, died at his home ⁠from complications of Parkinson’s disease, NBC reported, citing his wife Andrea Mitchell, who is the outlet’s chief Washington...

Business ticker: Former State Secretary Nimmermann should become Bundesbank board member

VW manager Obrowski is to become the new CFO of Deutsche Bahn +++ Brudermüller for 40-hour week +++ Lawsuit against Rewe bonus coupons withdrawn +++ Federal government agrees on KNDS entry +++ News in the company live blog.

US Federal Reserve: Former Fed Chairman Greenspan dies at the age of 100

Former Fed chief Alan Greenspan is dead. The 100-year-old shaped the monetary policy of the world's most powerful central bank for almost two decades.

Former Federal Reserve chairman Alan Greenspan dies at 100

The legendary central banker led the Fed for nearly two decades.

Fed: Former US Federal Reserve Chairman Greenspan dies

The former chairman of the US Federal Reserve has died at the age of 100. Greenspan was known for his communication and his own style.

Alan Greenspan, former US Federal Reserve Chairman: The magician of the markets

Hot baths, sharp analysis: the legendary central banker Alan Greenspan was famous for his methods. Now he's turning 100 - and he has some advice for the new Fed chief.

Alan Greenspan, former chairman of the Fed, dies at age 100

Alan Greenspan presided over the Federal Reserve for 19 years under four presidents and mastered the art of obfuscation known as Fedspeak.

SpaceX stock falls premarket, continuing selloff after rally and blockbuster IPO

A rally following the company's record breaking IPO on June 12 has cooled, with stock dropping the past two full days of trading.

A major test is coming for the stock market, and Morgan Stanley warns that the Fed won’t rescue investors

The stock market faces two key headwinds after the new Fed chief said he won’t come riding to the rescue.

Treasury yields rise ahead of key inflation data and traders weigh U.S.-Iran negotiations

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose over 3 basis points to 4.483%.

Exclusive: Green Party premiere on the Bundesbank board: Philipp Nimmermann will succeed Burkhard Balz

According to Handelsblatt information, an important personnel detail at the Bundesbank has been clarified. Robert Habeck's former state secretary beats out another promising candidate.

Will Philippines’ new bill entrench the political dynasties it aims to curb?

A long-delayed bill meant to curb political dynasties in the Philippines – where powerful families dominate elected offices from Congress to local government – has moved closer to becoming law, but critics say the measure could end up protecting the clans it claims to restrain. The House of Representatives approved the measure in early June, a rare advance for an anti-dynasty law, nearly four decades after the 1987 constitution directed Congress to define and prohibit political...

Ukraine launches ‘TrophyLab’ platform to share captured Russian weapons with allies

Among the listed items available for study are, for example, a Kinzhal hypersonic missile and a T-90M tank.

Shipping stalls in Strait of Hormuz after Iran declares key waterway closed again

The update comes even as industry trackers showed Iranian tankers have continued to sail through the strait.

Mainland ride-hailing giants back Hong Kong plan to cap permits at 10,000

Two mainland Chinese ride-hailing operators in Hong Kong have backed a controversial plan to regulate the industry by capping vehicle permits at 10,000, a figure the city’s largest American business chamber considers insufficient. In submissions to the Legislative Council on Monday and in recent days, Amap and Didi Chuxing said they supported the Transport and Logistics Bureau’s proposed cap as part of a new regulatory regime scheduled to be passed by lawmakers in July. Amap said the...

What retail apocalypse? Southeast Asia’s malls are sitting pretty

A cursory look at the ranking of the world’s largest shopping centres shows the scale of the decline in the US retail property market. The US has only one, the Mall of America near Minneapolis, Minnesota, among the top 20. This is not surprising given that virtually no shopping centres were built in the last two decades. A succession of shocks – which included the disruptive impact of e-commerce, the financial woes of department stores that served as anchor tenants for most malls and the damage.

Monetary policy: China leaves key interest rates unchanged for the 13th month in a row

Despite weak domestic demand and the ongoing real estate crisis, the PBOC is sticking to its interest rate policy. Analysts do not expect a turnaround for the second half of the year either.

Qatar Races to Restore LNG Exports Despite Ras Laffan Setback

Qatar is calling back empty LNG carriers in preparation for the restart of exports despite ongoing repairs at the Ras Laffan complex, and an explosion that rocked the facility on Sunday. Three carriers for liquefied gas owned by QatarEnergy are heading towards the entrance to the Strait of Hormuz from the Gulf of Oman, Bloomberg reported, citing shipping data. The data also showed another five Qatari-linked LNG tankers near the Omani coast, and a few more that are on their way home. Qatar has be

3 dead, 5 injured in Philippine school shooting

Three people have died and five injured in a school shooting in Central Philippines, police said. Two persons of interest – one of them a 15-year-old Grade 9 student of the school – are now in police custody, the Inquirer reported. The shooting occurred at around 9am on Monday morning at San Jose National High School in Tacloban City. “The victims were immediately transported to nearby medical facilities for treatment and appropriate medical intervention,” regional police said in a...

Has anyone else become “addicted” to investing?

I’m 21 in college with a paid year long internship, and bc of scholarships I’ve been very lucky with avoiding any college costs and loan debt for the future. Because of this, I almost invest ALL of the money I make from my internship into individual stocks and index funds. Of course I’ll eat out and spend some money every now and then, but I’d say that’s less than 1% of where my money goes to. I even get these sudden urges to pull hundreds and even thousands out my checkings and transferring it

Revolutionary Guard claim is ‘outright lie’, says Iran’s football federation

US claims that an individual with ties to the Islamic Revolutionary Guard Corps (IRGC) tried to join the Iran team’s flight to the United States on Saturday are “fabricated and entirely baseless allegations”, the country’s football federation (FFIRI) has said. Markwayne Mullin, the US Homeland Security Secretary, told Fox News on Sunday that someone under the guise of being the Iranian federation (FFIRI) president tried to board the team’s flight to Los Angeles from Mexico for Sunday’s World Cup