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Monthly Archives: April 2023

Top 10 colleges if you want to make the most money

Many factors determine how much money you’ll earn after college. But where you go to school may also play an important role. If your goal after college is to earn the highest possible salary, California Institute of Technology may be the best choice, according to a new New York Times …

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Weaker U.S. dollar making travel to Europe more costly

Nicolas Economou/NurPhoto via Getty Images Europe trips were a historically good deal in 2022 Jordi Salas | Moment | Getty Images When the U.S. dollar strengthens relative to other currencies, it means Americans can buy more abroad. Their dollar stretches further.   The euro hit parity with the U.S. dollar …

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Here’s how to handle stress over market volatility, financial advisor says

Izusek | E+ | Getty Images Emotions can get the better of us when it comes to investing — particularly when financial markets get volatile. Behavioral finance tells us we are inherently bad investors, prone to making decisions based on emotions rather than evidence and self-interest. Just as we are …

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Short sellers made $7 billion in profit from banking turmoil: Ortex

NEW YORK, NEW YORK – MARCH 15: Traders work on the floor of the New York Stock Exchange during morning trading on March 15, 2023 in New York City.  Michael M. Santiago | Getty Images Short sellers were sitting on more than $7 billion in profit from the mass sell-off …

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Sterling is the best performing G10 currency this year

The City of London is a blend of old and new, with St Paul’s Cathedral close to skyscrapers as well as Roman ruins. Shomos Uddin | Moment | Getty Images LONDON — The British pound is the best performing G-10 (Group of Ten) currency of 2023, and some strategists believe …

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Airlines answer congested airports and rising costs with bigger planes

A United Airlines plane taxis at Newark International Airport, in Newark, New Jersey, on January 11 2023. Kena Betancur | AFP | Getty Images NEWARK, New Jersey — Faced with congested airports, rising costs, a pilot shortage and a resurgence in travel demand, airlines are increasingly turning to the same …

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UAE exchange Al Ansari Financial Services shares surge in trading debut

DUBAI, United Arab Emirates — Al Ansari Financial Services made its trading debut on the Dubai Financial Market Thursday. Shares surged over 17% for the family-owned remittances and money exchange firm, which marks the first IPO for Dubai this year. The Al Ansari family sold 750 million shares in the …

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Look to 3 ‘great American companies’ in this market, Jim Cramer says

In a challenging market, investors should look to “well-known, great American companies with beaten down stocks,” CNBC’s Jim Cramer said Wednesday. There are three companies that Cramer thinks have compelling stories and strength, even if their stock prices don’t necessarily reflect that: Johnson & Johnson, Eli Lilly, and Procter & …

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Malaysia wants to work with U.S. and China: Trade Minister Zafrul Aziz

Malaysia is determined to work with both the U.S. and China, Malaysia’s trade minister Tengku Zafrul Aziz told CNBC Thursday, amid ongoing tensions between the two economic giants. His comments come as tensions between the U.S. and China escalate in recent years, over concerns ranging from trade sanctions to tech …

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A ‘Big Short’ investor sees disaster brewing in housing markets

An aerial view shows a flooded neighborhood in the unincorporated community of Pajaro in Watsonville, California, on March 11, 2023. Josh Edelson | Afp | Getty Images More than a decade after a U.S. mortgage meltdown threatened to destroy the international financial system, a “Big Short” investor once again sees …

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