financializer news A weblog highlighting financial topics making news in the international media.

p spx: That's a gain of 350% in 10 years, according to Market Watch. Talk about building wealth. Since the recession low of March 9, 2009, the S&P 500 SPX, -2.98% has rocketed from a devilish 666 to over 3,000 today. Now the bad news This incredible period of wealth creation has bypassed tens of millions of older Americans perhaps including you. That means 90% of American households own the remaining 16% of all stock. That's because get this the wealthiest 10% of households own 84% of all stocks and that includes pension plans, 401 k accounts and individual retirement accounts IRAs as well as trust funds, mutual funds and college savings programs like 529 plans. (news.financializer.com). As reported in the news.

gr ie: ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true, according to The Independent. You can form your own view. The helpline has been backed by the Time's Up UK Justice and Equality Fund and is managed by Rosa, a charitable fund which provides financial support for initiatives geared towards girls and women across the UK. The phone line has been set up with the help of donations from the general public, including the Little Women star. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. When women in England and Wales call the helpline on 020 7490 0152, they will be connected to a representative from charity Rights of Women. Subscribe now Understanding what your rights are, how you can assert them, and the choices you have if you've experienced harassment is such a vital part of creating safe workplaces for everyone, and this advice line is such a huge development in ensuring that all women are supported, wherever we work, the Time's Up UK activist said. (news.financializer.com). As reported in the news.

month period: However, following a roller-coaster 12-month period that has seen the stock surge and then crash, the founding family is again looking at options to regain control of their namesake company, according to The Independent. So far, there doesn't seem to be a firm plan, according to The Wall Street Journal, which first broke the news of the Nordstrom family's renewed interest in gaining control of the retailer. Search first keyup' ; ; listener ; ;No matching results for ''Tip Try a valid symbol or a specific company name for relevant results Cancel Sign in Mailif window.performance window.performance.mark && && Finance Techif window.performance window.performance.mark && && U.S. Markets open in 4 hrs 23 minsS&P window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && Nordstroms Want to Take Control of Nordstrom Again if window.performance window.performance.mark && && Levine-Weinberg, The Motley Fool Motley Fool August 4, 2019if window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && window.performance window.performance.mark && && was barely a year ago that Nordstrom's JWN independent directors rejected a 50-per-share offer from the Nordstrom family to take the storied retailer private. Let's take a look at some of the possibilities and what they could mean for shareholders. Image source Nordstrom. The entrance to a Nordstrom Rack store, with a Nordstrom full-line store in the background More The Nordstrom family wants to get a majority stake in the fashion retail giant. (news.financializer.com). As reported in the news.

pension reforms: Such changes will alter the social fabric of a nation long resistant to immigration, according to The Japan Times. But more generous work visas will also increase competition for migrant labor in the region, especially among advanced economies with similar demographic problems and a poor record of hosting visiting workers. Key to the policy is a visa plan to bring in more foreign labor over the next five years, including 345,000 blue-collar workers from China and Southeast Asia. ; To attract quality workers, Japanese planners are trying to not only correct past problems, but also let qualified migrants stay longer, bring their families, and in some cases become citizens. Taiwan is a case in point. Policymakers have responded with pension reforms designed to keep people working longer, investments in robotics and artificial intelligence, and programs to encourage women to have more children while staying employed. With one of the lowest fertility rates in the world, Taiwan will soon surpass Japan in the ratio of elderly to young residents, with projections suggesting that by 2065 there will be only one working-age Taiwanese for every retiree. (news.financializer.com). As reported in the news.

photo afp: Photo AFP The China-proposed Belt and Road Initiative BRI has greatly boosted China's foreign trade, achieving major progress in Europe and Asia and also cushioned the negative impact brought on by the US-initiated trade war, Chinese analysts said over the weekend, according to Global Times China. Beyond foreign trade, the BRI, as a way of how China interacts with the world, offers a stark contrast to the America First approach heralded by the current US administration, the experts said. Malaysia on July 25 restarted the rail project that is part of China-proposed Belt and Road Initiative following its suspension last year. The BRI, now 6 years old, is a massive development plan aimed at promoting interconnection of infrastructure and economic and cultural exchanges between China and neighboring countries. The growth rate was 10.1 percentage points higher than the national average. Boosted by the initiative, China's western provinces have recorded fast growth in their foreign trade, with a total 12 provinces and municipalities posting a foreign trade annual growth rate of 14 percent in the first half of the year, according to a report by Chinese news site jiemian on July 29. (news.financializer.com). As reported in the news.

answer: Nearly 2,000 miles away in the Polish capital, Warsaw, a drone operator watches their final moments via a live transmission, according to The Guardian. There is no ship to answer the SOS, just an unmanned aerial vehicle operated by the European border and coast guard agency, Frontex. Dozens of people fighting for their lives in the Mediterranean use their remaining energy to wave frantically for help. This is not a scene from some nightmarish future on Europe's maritime borders but a present-day probability. This spending has come as the EU pulls back its naval missions in the Mediterranean and harasses almost all search-and-rescue charity boats out of the water. Frontex, which is based in Warsaw, is part of a 95m investment by the EU in unmanned aerial vehicles, the Observer has learned. (news.financializer.com). As reported in the news.

iran: The local reports did not provide further details on the vessel or the nationality of the crew, according to Market Watch. The news agency reported the ship was seized near Farsi Island, where a Revolutionary Guard naval base is located. State TV and the semi-official Fars news agency reported that seven crew members were detained when the ship was seized late Wednesday carrying 185,000 gallons of smuggled fuel from Iran. The island sits in the Persian Gulf between Saudi Arabia and Iran, north of the Strait of Hormuz. Ramazan Zirahi was quoted by Iran's state TV saying the ship was seized in Iranian territorial waters and had been transporting diesel fuel. Guard commander Gen. (news.financializer.com). As reported in the news.

refugee crises: Her husband's enemies have dubbed her the lady of death while supporters praise her as the jasmine of Damascus, according to The Japan Times. The war has killed hundreds of thousands of people, uprooted at least 11 million and created one of the world's worst refugee crises. Since Syria plunged into war eight years ago, the 43-year-old former investment banker has taken on a public role of leading charity efforts and meeting families of killed soldiers, but has also become a hate figure for the opposition. ; Activists and insurgents accuse Asma, born in London to a family from Homs City, of being complicit in atrocities they accuse the Syrian government of committing. A year ago, the Syrian presidency published a photo of Asma hooked up to a drip, smiling and sitting next to her husband in a hospital room. My journey is over, with all its pain and weariness, its drawbacks and even its positives. It said she had started treatment for a malignant tumor that was discovered early. (news.financializer.com). As reported in the news.

trade talks: Birmingham, who was in Beijing for trade talks, said China had launched actions in the WTO in response to previous actions by the Trump administration, and the latest threat is something that has been announced but not yet taken effect . The application of those sorts of unilateral tariff actions is not something we have welcomed and it may well be a breach of WTO rules but that is something for the independent process, he said, according to The Independent. Birmingham said a bigger and more immediate concern than the process was the practical impact of the escalating dispute on global trade volumes, and on global economic growth. Speaking on Sky News on Sunday, Simon Birmingham said it may well be the case that the US would breach WTO rules. Trump's 300bn China tariff threat sends markets into tailspin Read more In July the International Monetary Fund in Washington said its outlook was gloomier than it had envisaged three months earlier because of the trade war, Brexit uncertainty and the effect of sanctions against Iran on oil prices. Trump's declaration last week that the US would impose 10% tariffs on 300bn worth of Chinese imports caught financial markets on the hop, and share prices fell around the world. In an update to its half-yearly world economic outlook, the IMF expected global growth to be 0.1 percentage points lower in both 2019 and 2020 than it had envisaged in April, at 3.2% and 3.5% respectively. (news.financializer.com). As reported in the news.

trump threat: See Market Watch economic calendar Let's briefly review, according to Market Watch. The Federal Reserve cut interest rates last week largely because it's worried about the fallout from the White House trade fight with China. China is in the cross-hairs again, the Federal Reserve is under the gun and investors are in a panic. Trump then upped the ante by threatening more tariffs, snuffing out a Wall Street rally that had pushed stocks to record highs at the end of July. Read Trump threat to lift Chinese tariffs puts pressure on Fed to cut interest rates again The high drama overshadowed reports showing a surge in consumer confidence and another solid increase in new jobs in July that kept the unemployment rate near a 50-year low of 3.7%. By most measures, the U.S. economy is still doing pretty well. Now investors are banking on another Fed rate cut in September. (news.financializer.com). As reported in the news.

vice director: It surprises me that cities like Shenzhen, which have been affected to a relatively large extent by the trade war, still achieved striking GDP growth in the first half of this year, according to Global Times China. This also shows the vigor of the private economy in those regions, Tian Yun, vice director of the Beijing Economic Operation Association, told the Global Times. Some of the other strong performers included coastal cities whose trade has long focused on the traditional US market. Among the cities whose GDPs surpassed 1 trillion yuan 144 billion in 2018, two inland cities - Chengdu, capital of Southwest China's Sichuan Province and Changsha, capital of Central China's Hunan Province - led GDP growth in the first half of this year, with both reporting expansion of 8.2 percent. Not far behind was Wuhan, an inland city that's capital of Central China's Hubei Province. In Chengdu, the figure was unchanged from a year earlier, while Changsha's growth quickened from 6.36 percent recorded for the first six months of 2018. (news.financializer.com). As reported in the news.

crew: State TV and the semi-official Fars news agency reported that seven crew members were detained when the ship was seized late Wednesday carrying 700,000 litres of smuggled fuel from Iran, according to Nine News Australia. The local reports did not provide further details on the vessel or the nationality of the crew. To improve your experience update it here News World Iran reportedly seizes third tanker carrying 'smuggled fuel'By Associated Press4 19am Aug 5, forces seized a ship in the Persian Gulf suspected of carrying smuggled fuel, state media reported Sunday local time marking the Revolutionary Guard's third seizure of a vessel in recent weeks and the latest show of strength by the paramilitary force amid a spike in regional tensions. The news agency reported the ship was seized near Farsi Island, where a Revolutionary Guard naval base is located. Iranian President Hassan Rouhani speaks during a ceremony in the city of Tabriz, north-western Iran. The island sits in the Persian Gulf between Saudi Arabia and Iran, north of the Strait of Hormuz. (news.financializer.com). As reported in the news.

police: Police say the gunman began firing on customers in a packed Walmart store, sending crowds fleeing for their lives, according to Nine News Australia. The suspect who has been arrested is yet to be officially named by police, but law enforcement sources told CNN it was Patrick Crusius of Allen, Texas. To improve your experience update it here News World Texas gunman kills 20, injures dozens in shopping centre shooting By Associated PressCNN6 00pm Aug 4, police have arrested a 21-year-old man who is suspected of opening fire in a shopping centre, killing 20 people and injuring at least 26 others. A law enforcement source told CBS that Crusius was considered a troubled youth and a loner . El Paso Police Chief Greg Allen said authorities were investigating whether the massacre was a hate crime, after finding a manifesto believed to be written by the suspect online. The shooter pictured entering and Walmart store, and right the man arrested over the massacre, Patrick Crusius. Authorities are looking at potentially bringing capital murder charges against him, Allen said. (news.financializer.com). As reported in the news.

shopping mall: Greg Abbott said at a news conference near the Walmart and an adjacent shopping mall, according to CNN. Twenty-six people were injured, according to El Paso Police Chief Greg Allen. Lives were taken who should still be with us today, Gov. What we know about the shooting in El Paso, Texas The ages and genders of all these people injured and killed are numerous in the age groups, Allen said. A 21-year-old white man from Allen, a suburb of Dallas about a 650-mile drive away, is in police custody, Allen said. The situation, needless to say, is a horrific one. (news.financializer.com). As reported in the news.

suffolk m: Norfolk and Norwich Universityhospitals 69.7m to provide diagnostic and assessment centres in Norwich, Great Yarmouth and King's Lynn, according to The Guardian. Norfolk and Suffolk 40m to build four new hospital wards in Norwich, providing 80 beds. East of England Luton and Dunstable Universityhospital NHSfoundationtrust FT 99.5m for a new block in Luton to provide critical and intensive care, as well as a delivery suite and operating theatres. NHS South 25.2m to develop and improve primary care services. United 21.3m to improve patient flow in Boston by developing urgent and emergency care zones in A&E. Wye Valley NHStrust 23.6m for new hospital wards in Hereford, providing 72 beds. Midlands Universityhospitals Birmingham 97.1m to provide a purpose-built hospital facility, replacing outdated outpatient, treatment and diagnostic accommodation. (news.financializer.com). As reported in the news.

shot: I'd just have to say, no, they had a shot, according to The Guardian. You know the sort of things people used to say to me about me personally that I was personally responsible for closing down far too many independent bookshops but the truth is Waterstones, when it started, was the smallest independent bookseller you could possibly imagine ... I mean, we had nothing. I didn't feel guilty, he says. We had self-confidence and a very clear offer, and wonderful staff and a wonderful business model. What we did have was self-confidence and a very clear offer, and wonderful staff and a wonderful business model. We weren't sympathetic Tim Waterstone Waterstone, who opened his first bookshop in Old Brompton Road, London, no longer has a stake or role in the business, but adds that it initially gained success in part due to its late opening hours and opening on Sundays. (news.financializer.com). As reported in the news.

bear-market behavior: Yet determining your bear-market behavior is surprisingly difficult, according to Market Watch. Most investment firms try to do this by asking you to fill out one of the many risk questionnaires that may vary slightly in detail but for the most part are identical. That's because you can have the theoretically best strategy on the planet and still lose money if you bail at the bottom of the next bear market. They ask questions such as the length of your investment horizon and whether you worry more about not losing money than about not making lots of money. While we may genuinely think we will have the discipline and intestinal fortitude to stick with our strategy through thick and thin, the truth is that almost always we're wrong. These questionnaires are next to worthless, since we don't know ourselves how to answer these questions. (news.financializer.com). As reported in the news.

cash injection: He is expected to say that the money will go towards increasing the number of hospital beds, funding new equipment, upgrading wards and repairing damaged buildings, according to The Independent. The government said the cash injection would fund upgrades to 20 hospitals around the country, with the details to be announced by Mr Johnson. The prime minister will make the pledge during a visit to a hospital on Monday. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. You can form your own view. (news.financializer.com). As reported in the news.

facebook share: The University of Illinois found that several parents officially gave up responsibility of their children, according to The Independent. The move enabled the children to receive financial aid to pay for a college education. The URL has been copied to your clipboard Share on Facebook Share on Twitter No media source currently available0 00 0 07 07 0 00 Direct link 128 kbps MP364 kbps MP3 Pop-out player United States officials have uncovered a new way parents are abusing the college admissions system. But that money is meant to help truly needy students. Earlier this year, U.S. officials found that some wealthy parents paid bribes to get their children into top universities. The case comes at a time of intense discussion about the fairness of college admissions. (news.financializer.com). As reported in the news.

beef: The deal needs European Parliament approval. ; The agreement that we sign today will lower trade barriers in Europe and expand access for American farmers and ranchers, Trump said at a gathering of European Union officials and cowboy-hatted American ranchers in the White House Roosevelt Room for the announcement, according to The Japan Times. The agreement was then signed by U.S. Trade Representative Robert Lighthizer, Stavros Lambrinidis, the European Union's ambassador to the United States, and EU representative Jani Raappana. The European Commission has stressed that any beef deal will not increase overall beef imports and that all the beef coming in would be hormone-free, in line with EU food safety rules. Trump joked that his administration was working with the EU on a 25 percent tariff on all Mercedes-Benz and BMWs coming into our nation. But talking to reporters later, he said imposing the tariffs on European autos remained a possibility. So, we appreciate I'm only kidding, he said to laughter. (news.financializer.com). As reported in the news.

investors visitors: People should understand that the foundation of the one country, two systems principle is one country and that no one should abuse the principle to jeopardize the national security and sovereignty of China, Zhang noted, according to Global Times China. We do not think that it's in the long-term interest of anyone to continue such violence, he said, adding that a violent situation in Hong Kong hurts the interests of international investors and visitors from other countries. The demonstration in Hong Kong has gone far beyond the nature of a peaceful demonstration and is really turning out to be chaotic and violent, we should no longer allow them to continue this reprehensible behavior, said China's permanent representative to the UN Zhang Jun while meeting with reporters from major international media at the United Nations headquarters in New York. We will never allow any country, any group of people or any individual to interfere in China's internal affairs, especially issues related to Xinjiang Tibet and Hong Kong, and other issues, said Zhang. China refutes claim PLA Garrison will enforce martial law in HKTaiwan accused of manipulating HK unrest for harboring rioters Trump tells truth about HK riot, sets off hysteria among backers of violence Interview with HK police veteran reports of foreign media on HK are biased (news.financializer.com). As reported in the news.

kotaro daigo: Reactions on social media have been rather mixed, according to The Japan Times. One Twitter user praised the film's aesthetic visuals, but felt let down by the discourse of the plot. Weathering With You, which opened in cinemas nationwide on July 19, centers on high school freshman Hodaka Morishima voiced by Kotaro Daigo a teen who finds himself struggling to make ends meet after running away and making a beeline for Tokyo. ; Morishima runs into Hina Amano voiced by Nana Mori an orphan who has the power to manipulate the weather. Okay, Weathering With You is Makoto Shinkai's 2 hour long water porn, user aitaikimochi writes. Given Shinkai's breakout success following the release of Your Name., it was somewhat inevitable for people to draw comparisons with Weathering With You. Like wow the water is animated so well, so beautifully, but uh story-wise it's all right. (news.financializer.com). As reported in the news.

party allegiances: If I had a pound for every exasperated person who asked me why the Remain parties couldn't get their act together during the recent European elections, I'd be typing this from a tropical island with a cocktail on the go, according to The Independent. Millions of people in Britain are looking to their MPs to step up, put traditional party allegiances aside and work together in the national interest. It's not just that Jane Dodds, the newly elected Liberal Democrat MP for Brecon and Radnorshire, will be a great representative, of which I'm sure it's more significant than that. By not fielding candidates in the Brecon byelection, the other Remain parties principally the Greens, Plaid Cymru, the Independent Group for Change, and Renew have demonstrated it is indeed possible. People's Vote campaign targets 100 marginals in case of snap election Read more Coming to politics from business and being elected as MP for South Cambridgeshire in 2015, party tribalism is anathema to me. Halle-bloody-lujah. (news.financializer.com). As reported in the news.

cbs news: He was formerly a foreign correspondent for The New York Times and CBS News, according to CNN. Follow him on Patreon and Twitter David Andelman. Author of A Shattered Peace Versailles 1919 and the Price We Pay Today, and translator of An Impossible Dream Reagan Gorbachev and a World Without the Bomb . His next book, A Line in the Sand, will deal with Red Lines in the South China Sea and beyond. The views expressed in this commentary are his own. View more opinion on CNN. (news.financializer.com). As reported in the news.

cheney: Bernie Sanders a commie with daddy issues on Friday after the Democratic presidential candidate criticized her and her father's foreign policy, according to CNN. Liz Cheney of Wyoming, the daughter of former Vice President Dick Cheney, called Sen. (news.financializer.com). As reported in the news.

control: The industry regulator has already cut the returns they are allowed to make to all-time lows, according to The Guardian. An even greater risk looms beyond the next general election, now that Labour has pledged to bring the companies back under public control. The network operators, including National Grid and UK Power Networks, are facing a fierce political skirmish. Critics of the firms argue that the crackdown is an inevitable consequence of the years they have spent inflating household energy bills while siphoning off billions in dividends for their international investment-fund owners. The companies are quick to point out that the prices they levy through energy bills have fallen 17% since the sector was liberalised in the 1990s, while private investment has climbed to about 100bn over the period. They are held up, alongside water companies and rail operators, as evidence of Britain's failed experiment with privatisation. (news.financializer.com). As reported in the news.