I strolled through the tawny labyrinth-like halls — past quirky cafes, curious tourists, men on motorbikes carrying groceries to their homes, and veiled women ringing temple bells.It's life as usual in Jaisalmer Fort, a UNESCO World Heritage Site that thousands of people call home.Jaisalmer Fort, a UNESCO World Heritage Site...
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Stellantis offers buyouts to roughly half of U.S. salaried workers
Carlos Tavares, CEO of Stellantis, poses during a presentation at the New York International Auto Show in Manhattan, New York, on April 5, 2023.David Dee Delgado | ReutersDETROIT — Chrysler parent Stellantis is offering buyouts to roughly half of its U.S. white-collar employees to reduce headcount and cut costs for...
Growing geopolitical conflicts have some investors feeling guilty about buying defense stocks
An F-15E fighter aircraft can carry seven groups of four StormBreaker bombs.Source: RaytheonAs the war between Israel and the Hamas militant group ramped up last month, Kenneth Suna took to his investing-focused TikTok account.Suna began a video asking his more than 200,000 followers "if you're cool with profiting off war,"...
New fund bets big on Eisenhower-era stocks
Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known as dividend monarchs.That's a top strategy for Roundhill Investments, which launched its S&P Dividend Monarchs ETF this month."It's named that for a reason. It focuses on the dividend monarchs. These...
Central banks look to have hit peak rates. Here’s how markets think they’ll come down
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, July 26, 2023.Brendan McDermid | ReutersThe world's major central banks paused their interest rate...