Police stand guard in front of the main gate of the National Assembly in Seoul on December 3, 2024, after South Korea's President Yoon Suk Yeol declared emergency martial law. South Korea President Yoon on December 3 declared emergency martial law, saying the step was necessary to protect the country...
Category: Finance
You’re ‘wired’ to overspend during the holidays, expert says — here’s what to do about it
Betsie Van Der Meer | Digitalvision | Getty ImagesThe holiday season is a time to give thanks, reflect on the past year, and spend time with family and friends. However, if you're not careful, it can also be a time you overspend on holiday purchases.About 83% of Americans plan to...
Why exchange-traded funds are a ‘growth engine’ of active management
Images By Tang Ming Tung | Digitalvision | Getty ImagesActively managed exchange-traded funds are a growing trend in the investment space.To that point, investors have pulled money from active mutual funds and sought out actively managed ETFs in recent years. Investors yanked about $2.2 trillion from active mutual funds from...
Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersBEIJING — President-elect Donald Trump plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a...
Bitcoin vs. gold: State Street worries the crypto rally’s allure is distracting precious metal investors
The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds.State Street Global Advisors' George Milling-Stanley warns cryptocurrency plays don't offer the stability of gold."Bitcoin, pure and simple, it's a return play, and I think that people...