Author: arthursheikin@gmail.com

[ad_1] CNN  —  Still no movement. For its fourth meeting in a row, the Federal Reserve opted to leave unchanged its key short-term interest rate — which influences a host of rates on consumer financial products and bank accounts across the United States. That means that once again anyone with savings that they want to invest in stable, low-risk, interest-yielding assets is in luck. It may be especially good news for retirees, who are usually advised to keep a year’s worth of living expenses in interest-bearing accounts so that they won’t have to sell stocks from their portfolio when the…

[ad_1] When you buy through our links, Business Insider may earn an affiliate commission. Learn moreA new iPhone 16 Plus isn’t cheap, so protecting your device with a case is a smart idea. The best iPhone 16 Plus cases offer long-term protection and can enhance functionality with features like an integrated kickstand or wallet.To help you find the right option, we’ve collected our favorite cases for the iPhone 16 Plus based on extensive testing, including options from Apple and brands like Smartish, Otterbox, and others.Among the best iPhone 16 Plus cases, our top pick is the Apple Clear Case with…

[ad_1] After the recent spike in oil, investors should dump or bet against shares of automakers and airlines, while buying some technology stocks over the next month, if history is any guide. Crude oil futures have jumped more than 19.5% over the past month as attacks between Israel and Iran have intensified , causing investors to worry about the supply outlook from the Middle East — particularly because Iran is the third-largest producer among the members of the Organization of the Petroleum Exporting Countries (OPEC.) We found that this run-up in oil prices opens up opportunities for investors. Using the…

[ad_1] New York CNN  —  Texas Instruments will invest more than $60 billion to expand semiconductor manufacturing in the United States, the company announced on Wednesday, as President Donald Trump continues to pressure tech giants like Apple and Samsung to build their products in America. The investment will go towards seven semiconductor fabrication plants across Texas and Utah, resulting in more than 60,000 jobs, the company said in a press release. TI says it’s working with the Trump administration to help produce the critical chips that power everything from smartphones to data centers and cars domestically. It’s part of the…

[ad_1] CNN  —  Waymo, the self-driving car unit of Google parent Alphabet, is returning to New York City. But it won’t be offering rides to the paying public yet, as it currently does in four other cities. The company announced Wednesday that it has applied for a permit with the New York City Department of Transportation for its vehicles to operate autonomously with a “trained specialist” behind the wheel in Manhattan. Waymo says it does plan to eventually introduce a self-driving service for paid rides in New York City, even if the company doesn’t have a time frame for bringing…

[ad_1] (This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors are looking for opportunities in the Magnificent Seven and for ways to play the potential for more volatility in the market with Middle East tensions continuing. Worldwide Exchange pick: Amazon (AMZN) Jeff Kilburg of KKM Financial said Amazon is a smart buy even in a volatile market and credits its year to date decline to profit taking. “The way they are doing custom chips, the way they are approaching AWS (Amazon…

[ad_1] Washington CNN  —  Rising unemployment will likely be what pulls the trigger for the Federal Reserve to finally begin lowering interest rates again, economists say. Since January, the Fed has stood on the sidelines, keeping its benchmark lending rate unchanged at about 4.4%. Officials have said in recent speeches that they want to see how President Donald Trump’s significant policy changes, including on tariffs, affect the US economy first before considering further rate cuts. Renewed tensions in the Middle East add even more to the uncertainty that has paralyzed the central bank. Officials are expected to continue with their…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lars Windhorst’s Tennor Holding, which borrowed billions from investors and was once at the heart of the German financier’s business empire, has been declared bankrupt at the request of Dutch tax authorities.An Amsterdam court on Tuesday appointed a liquidator for the Netherlands-based entity, according to public filings. Dutch tax authorities asked a court to wind up the company over an unpaid €5.3mn claim, according to a person familiar with the matter.Tennor was for more than a decade Windhorst’s main investment company…

[ad_1] JPMorgan listed Q2 Holdings , nCino and Alkami as three stocks tied to the digital banking trend that can do well. “We find the digital banking space an attractive investment arena,” analyst Ella Smith wrote to clients in a Wednesday note. Here’s what Smith sees as the outlook for each: Q2 Holdings and Alkami Smith first prefers Q2 Holdings and Alkami, which update software for customers of credit unions and regional banks. She has an overweight rating on both names. The analyst initiated Q2 Holdings with a price target of $115, which reflects 33.7% upside over Tuesday’s closing level.…

[ad_1] Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Howard Marks, co-founder of $200bn alternatives manager Oaktree Capital Management, has called on China to open up more “asset classes” to foreign investors as he set out an upbeat view of the world’s second-largest economy.“I’m very optimistic about the Chinese economy in the long run,” Marks said on a panel at Shanghai’s flagship annual financial conference, citing the country’s infrastructure and the size of its middle class. He proposed that China “expand the range of investment asset classes that are open…